Rollbit Price Prediction as RLB Becomes Best Performing Coin of the Week – Are Whales Buying?
As the crypto market continues its dance of unpredictability, one coin is catching significant attention: Rollbit's RLB token. On 27th August, the RLB/USD trading pair displayed an encouraging uptick, registering gains of nearly 0.10%.
This marks the coin's third bullish performance in successive sessions, having amassed an impressive nearly 35% increase over the previous two days. These burgeoning figures hint at further potential ascension for the coin.
Notably, Cryptolaxy's recent report underscores Rollbit's meteoric rise, ranking the RLB token third on today's list of top weekly gainers, boasting a 33% gain.
This notable achievement sees RLB nestled among other high performers like TLOS and OMI. Many are asking whether the crypto whales are now turning their attention to Rollbit.
Rollbit offers a diverse suite of services, including a casino, sportsbook, NFT gambling, and leveraged trading.
The Rollbit (RLB) plays an integral role in the Rollbit lottery. Instead of being introduced through an ICO, it is distributed via airdrops to Rollbit.com users.
RLB serves as entry tickets, permitting holders to vie for a portion of the casino's profits by staking their tokens. The allure of the lottery propels RLB demand, with rewards derived from a 20% daily profit allocation.
Even before its token launch, Rollbit was already profitable, granting RLB immediate utility within the lottery.
With a fixed supply of 5 billion, staked RLB tokens grant access to the lottery, with 50% of the 0.20% fee being burnt each round.
This process diminishes the circulating supply, fostering value growth. The remaining fees are allocated for Rollbit's NFTs.
As staking numbers surge, so does the burn rate, amplifying the token's scarcity and boosting
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