Rollbit Coin Price Forecast: RLB Powers 13% Upward, But Experts Expect 10X Gains From This New Token

Updated: 30 October 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The Rollbit price remains resilient as it trades at $0.1671 at 8.30 a.m. EST.

RLB is among the GameFi tokens leading crypto gains on Monday after rising more than 13% over the last 24 hours. The token is up 45% over the last 30 days. Its market capitalization has grown by 11% over the same time frame to cross the $620 million mark.

Rollbit’s 24-hour trading volume had increased by 75% to $7.5 million, according to data from CoinMarketCap. It features among the top 10 trending cryptos in the market today.

Top #1 Trending Token across 9 chains on Birdeye last 24 hours$GYATT $bSOL – @solblaze_org
$JitoSOL – @jito_sol $POLIS – @staratlas $RLB – @rollbitcom $RLB – @rollbitcom $DOGGY – @TheDoggyCoin $GMT – @Stepnofficial $GALA – @GoGalaGames $TOKEN – @tokenfi #birdeye #trending pic.twitter.com/ZKQx8NlPLw

— Birdeye (@birdeye_so) October 30, 2023

Rollbit Coin is a token that powers the Rollbit lottery, a blockchain-powered casino and trading platform.

The Rollbit platform has been running a promotion that uses new referral codes to establish sub-balances and incentivizes users with several game-linked challenges.

We'll give you 1,000 reasons to try our newest release, Starlight Princess 1000! 👑

A $1,000 prize awaits the first player to complete Slotober Challenge #14! 💸 pic.twitter.com/20CU7FI2sg

— Rollbit (@rollbitcom) October 14, 2023

This comes against a backdrop of impressive developments within the ecosystem, such as the introduction of RLB buys and burns this month. This is expected to spark more interest from investors, which may, in turn, positively impact its price.

Rollbit Price Fights to Hold Above Key Moving Average

A series of higher highs and higher lows characterized the RLB price between action between Oct. 14 and 27. This led to the appearance of an ascending parallel channel on the daily chart, resulting in a 60% price increase over this period to $0.1856.

However, profit booking set in, causing the price to turn down from this level, plummeting 16% toward the 20-day Exponential Moving Average (EMA) around $0.1620. The appearance of a doji candlestick at the end of the daily chart today suggests that both the bulls and bears are aggressively defending this level.

Holding above this level is more important for the Bulls since losing it may spell doom for them, with the next line of defense arising from the 50-day EMA currently sitting at $0.1538. A drop below this level would trigger massive sell-orders that could set the Rollbit price on a free fall toward the beginning of the ascending parallel channel at $0.12.

RLB/USD Daily Chart

Rollbit Price Chart - Oct 30 — TradingView Chart: RLB/USD

RLB Alternatives

With the Rollbit price giving mixed signals in the immediate short term, enlightened investors are looking to BTCMTX for better prospects. It is cruising through the presale with speed, evidence of strong fundamentals that have attracted support from the community.

BTCMTX is the token powering the Bitcoin Minetrix ecosystem. The platform has digitized and tokenized the entire BTC mining process, holding it on the cloud. Now, even ordinary folk have a chance to own BTC.

Introducing the groundbreaking #BitcoinMinetrix Solution!

Enjoy seamless #Bitcoin mining with the innovative $BTCMTX #Token. 💎

Experiencing transparent mining with #BTCMTX. #Blockchain #CryptoMining pic.twitter.com/dpO6EoJrOC

— Bitcoinminetrix (@bitcoinminetrix) October 30, 2023

The crypto is currently in presale, amassing more than $2.725 million in raises. The BTCMTX token is auctioning for $0.0113, but this offer is limited to the next two days as the price is about to increase with stage 3 concluding.

The entry bars into the Bitcoin Minetrix ecosystem are low, as the platform is simple and easy to understand. You do not need any technical expertise to operate. It has also eliminated all hassles, so cost, space, heat, and noise no longer have to be a concern as in traditional mining.

Buy this stake to mine crypto presale, which experts say has the potential to give a 10X return on your investment upon launch.