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A little-known altcoin centered on the casino industry has seen significant growth this week following the unveiling of new updates to the blockchain protocol.
In a recent announcement say crypto casino and exchange platform Rollbit adding support for its native token, Rollbit Coin (RLB), and the ability to deposit the NFT marketplace Blur (BLUR) governance token. The announcement reads as follows:
“We are pleased 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 buy RLB!”
The crypto company, which offers gambling, sportsbook and NFT gambling as well as leveraged trading, says it will write off existing RLB balances in support of the upcoming changes and any RLB held on its website can be converted to the new format. In addition, all deposited RLB tokens will also be automatically converted to the new format.
Rollbit is also adding the ability for users to become liquidity providers directly on the platform itself. It indicates:
“You can now become a liquidity provider for RLB directly on the Rollbit platform! Liquidity providers will help facilitate RLB transactions for other users. Every successful transaction incurs costs!”
News of the additions caused RLB to skyrocket as the altcoin moved from its seven-day low of $0.0188 to $0.0428, a stunning 127.6% increase.
The 254th-ranked altcoin has since pulled back somewhat and is trading at $0.0329 at the time of writing, down 4.5% in the past 24 hours but up 75% over the week.
The post Unknown Casino Altcoin Up 75% in One Week appeared first on CryptoBenelux.
