Quote from: AmoreJaz on June 26, 2024, 11:10:06 PM

Quote from: Kavelj22 on June 26, 2024, 10:59:44 PM

Quote from: LogitechMouse on June 24, 2024, 01:35:19 AM

I remember RLB coin being on the top 100 in terms of market cap months ago, but I just looked at its rankings just right now, and it's at the 290th already. I also saw its price movement, and it went down from $0.25 all the way down to $0.06.

I agree with you that the price is unstable, which poses a great risk to investors, but it can be noted that the token is making great strides in a very competitive market. It is not easy for any other token to reach the list of the top 100 cryptocurrencies in a short time, like RLB, and this is a good indicator of the reliability it achieves on exchanges, without talking about its role in the gambling industry.
As i stated before, we (as Rollbit community fans) are look forward to the team’s future plans regarding developing the token and supporting the spread of its use on a broader scale. This is not an easy task, but it is not impossible in any case if the platform’s user base continues to expand, including other casinos or other service platforms.

This is the dilemma in most casino tokens, the growth usually is very slow or in most cases, they are in declining stage. Even if we say, the casino itself is surviving and growing, it doesn't always translate to their token's development. Also, it will depend on how the casino team is dedicating their marketing of their token, how they are being developed to have a solid use case and their long-term plans for their token itself.

From what I have seen among casino tokens introduced in this forum, the increase of value can be influenced by =
> active marketing of the team by offering rewards or incentives holding the token
> can be used in the games like with other alts
> regular contest or race using the token itself
> regular burning of some tokens, to decrease its supply

> There is not much competition between casino tokens due to their small number, in addition to the fact that marketing includes the product as a whole, with part of it allocated to the token without focusing on it alone. Do you think it is feasible, for example, to publish an official announcement for the casino in the altcoin board, given that it has a casino token? This is just an idea that came to my mind now.
> Maybe the focus could be on diversifying its uses even outside of gambling. I expect that most of those who currently own the token are traders and not users of the platform.
> This is a good idea and work can be started on it using the forum, especially if the casino has ongoing marketing campaigns in which payment is made using Bitcoin or any other currency. Allocating a portion of payments to tokens would be a good idea.
> This step requires careful study, especially if this was not programmed when deciding the supply size from the beginning.