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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