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Rollbit, a lesser-known crypto casino and exchange platform, has recently been gaining significant traction. The catalyst for this sudden surge in interest? Some fresh, impactful updates to its blockchain protocol.
With a clear excitement echoed in their recent statement, Rollbit announced the introduction of support for their native token, the Rollbit Coin (RLB). But the good news doesn’t stop there. Crypto enthusiasts can also deposit Blur (BLUR), the governance token for the non-fungible token (NFT) marketplace.
“We’re excited to announce that RLB can now be bought and sold directly on Rollbit! You can now deposit Ethereum (ETH), Bitcoin (BTC), Solana (SOL), Litecoin (LTC) and any supported ERC-20 token to purchase RLB!”
Rollbit isn’t your typical casino. Sure, they offer an NFT gambling and sportsbook service, but the platform is so much more. With leveraged trading now part of the mix, Rollbit is set to turn heads. But that’s not all. The company announced a plan to depreciate current RLB balances. Why? To support the incoming changes, of course. All RLB held on their website will be converted into a new format, as will any deposited RLB tokens.
Rollbit is blazing a trail by allowing users to act as liquidity providers directly on the platform.
“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!”
The announcement of these novel features sparked a massive rally in the value of RLB. This once under-the-radar altcoin catapulted from a seven-day low of $0.0188 to a dizzying $0.0428 – a jaw-dropping rise of more than 125%.
RLB has experienced some retracement. As of this writing, it trades at $0.03623 according to CoinMarketCap data, which represents a 12% increase in the last 24 hours.
For Rollbit, the future certainly looks bright.