Quote from: OcTradism on November 20, 2023, 05:07:36 AM

Quote from: lienfaye on November 20, 2023, 02:25:42 AM

It's understandable why investors are skeptical when it comes to gambling tokens. Often, the price is good at first but later on lose its value due to the fading popularity of the casino itself, less people using the platform resulting to lack of investors for the token. That's why if some people are hesitant to invest, it's also because of their past experiences.

Anyway, The price of RLB had a significant growth from the past months even we're not yet in bull season. The improved utility of RLB on Rollbit makes it more attractive for the investors. So if you consider it as a potential coin to invest in, buy while the current price decreased a bit.

The RLB token has many use cases and utility and it is used not only for gambling. Many projects launch their tokens without good foundations behind but it is not what we have with the RLB token.

The Rollbit team have many plans for the token and they strongly support the token. They are building up an ecosystem around RLB token to make up its value. We see at your Rollbit account dashboard or at Rollbit Tracker account on X (Twitter), they are very actively with buy back and burn and fund for it comes from the casino profit. It is a huge input for the token value creation that you barely see with other altcoin projects.

Last 24 hours, $270,925 is the fund used to buy back and burn 1,486,133 RLB tokens. Seriously right?

Quote

🔥 56,250 RLB has just been bought & burned ($11,381) 🔥

Hourly revenues:
Casino: $59,507 🎲
Sports: $8,302 ⚽
Trading: $12,565 📈

Burnt 24 hours: 1,486,133 RLB ($270,925)
Burnt in buy-back's: 130,864,386 RLB ($23,255,467)
Supply burnt: 38.29%

I do believe that there is going to be some sort of improvement on it whenever given the chance, and that's fine and understandable. I am not saying that RLB token should be the best investment, there is still room for growth, just like any token in the world.

But, I believe that it depends on the diversification preference of a person. Like think of a person who invest only into bitcoin and nothing else, that person will not add RLB as his second investment, but think about someone who has like 20-30 different coins and tokens, I believe getting RLB as well wouldn't be all that troublesome for that person. So that means there are people who this token was made for, and people who are not right for it, we should notice that when suggesting.