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Under-the-Radar Crypto Casino Project Rips to New All-Time High Following Ethereum (ETH) Migration

by Daily Hodl Staff
July 8, 2023
in Altcoins

A little-known blockchain casino project has exploded in the past 10 days after migrating to Ethereum (ETH).

Crypto casino and exchange platform Rollbit and the project’s native token, Rollbit Coin (RLB), completed its migration from Solana (SOL) to Ethereum on June 28th, citing multiple reasons for the change.

“Migrating RLB to Ethereum has long been the most requested upgrade we make to RLB. We felt that being on Solana restricted RLB’s growth and therefore are happy to announce that we’re migrating RLB to the Ethereum network!”

In the 10 days since the platform’s announcement, RLB went from trading around $0.021 on June 28th to its fresh all-time high of $0.0695, an over 230% increase.

RLB is also up a staggering 3,059% since the start of 2023 when it was trading at around $0.0022. The 151st-ranked crypto asset by market cap is still trading close to its all-time highs at time of writing.

Rollbit offers a casino, sportsbook and non-fungible token (NFT) gambling, as well as leveraged trading. In May, the project rolled out the ability for users to become liquidity providers directly on the platform itself.

“You can now become a liquidity provider for RLB directly on the Rollbit platform! Liquidity providers will help facilitate RLB trades for other users. Every successful trade will generate fees!”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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