• Rollbit, a blockchain casino project has recently completed its migration from Solana (SOL) to Ethereum (ETH), causing its native token, Rollbit Coin (RLB), to skyrocket over 230%.
• RLB is currently trading at an all-time high of $0.0695 and has seen a 3,059% increase since the start of 2023.
• The project offers features such as casino gambling, sportsbook betting, NFT gambling and leveraged trading in addition to allowing users to become liquidity providers directly on the platform itself.
Rollbit Crypto Casino Project Explodes Following Ethereum Migration
A little-known blockchain casino project has experienced explosive growth in the past 10 days after completing its migration from Solana (SOL) to Ethereum (ETH). Rollbit’s native token, Rollbit Coin (RLB), is now trading close to its all-time high of $0.0695 and is up over 230% since the migration was announced on June 28th. RLB has also increased by 3,059% since January of this year when it was priced at around $0.0022.
Features Offered by Rollbit
In addition to offering a crypto casino platform for users, Rollbit also provides a variety of other features such as sportsbook betting and non-fungible token (NFT) gambling services. Moreover, users can also become liquidity providers directly on the platform itself which allows them to generate fees from every successful trade they facilitate.
Reasons Behind Migrating To Ethereum Network
The team behind Rollbit noted that their main reason for migrating RLB to Ethereum was due to feeling that being on Solana restricted RLB’s potential growth opportunities – something they are looking forward to overcoming with this new move onto Ethereum’s network.
What Does This Mean For Crypto Casinos?
The success of this project serves as proof that crypto casinos can be very popular among investors and traders alike; even those who may have never considered using cryptocurrency before could potentially be swayed by the attractive features offered by platforms such as these. Additionally, this success story may encourage more projects similar in nature or related industries start exploring the world of decentralized finance and blockchain technology too – thus furthering industry adoption even more so than before!
Conclusion
Overall, we can see that migration from one chain/network into another can bring about huge increases in value for any given asset or token – especially when done correctly with proper planning ahead of time. It will certainly be interesting to keep an eye out for any more projects who decide to make similar moves like Rollbits did in order take advantage of advantages found only within certain chains/networks!