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The Rollbit Coin price jumped by 5% in the last 24 hours and 18% in the past week to trade at $0.1331 as of 4 a.m. EST on trading volume that skyrocketed 38% to $2.71 million.
The surge comes as RLB migrates from Solana to Ethereum on May 1, something its developer says ”has long been the most requested upgrade we make to RLB,” and adding that ”we felt that being on Solana restricted RLB’s growth.”
As a quick reminder, the cutoff date to migrate your $RLB from Solana to Ethereum is May 1st!
All Rollbit Coins on Solana after May 1st will be burned!
Learn more about the migration:https://t.co/sNwbLIfxOs pic.twitter.com/sqUodW2Qy3
— Rollbit (@rollbitcom) April 17, 2024
Can the shift help the RLB price maintain its momentum, or is it too late to get into the crypto gambling giant?
Rollbit Coin Price Prediction
The Rollbit Coin price soared last week, but most of the token’s price increase occurred between April 16 and April 20. During this period, RLB went from $0.097 to $0.1313. Since then, it corrected to just above $0.12, only to surge back up to $0.1331.
These fluctuations suggest that traders have been taking profit after RLB hit the barrier at $0.13 which refused to let it pass, and when the price dropped to the support at $0.12, they started buying the dip, launching the token back up again.
Right now, RLB has seemingly managed to breach the barrier at $0.13, although its technical indicators suggest that a correction might be coming soon.
This primarily comes from looking at the token’s Relative Strength Index (RSI) value, which climbed up to $73.72 — an overbought zone, suggesting that traders might soon take profit again, causing another correction.
However, at the same time, RLB’s Bollinger bands have started to widen, which is a bullish signal, undoubtedly produced by this new wave of purchases that launched the token up.
In other words, technical indicators provide conflicting results, which makes RLB’s future performance uncertain and purchases of the token risky.
The most likely scenario is that RLB will soon correct again, and traders will buy the dip again. However, it is also possible that a strong bull run could continue to drive the RLB token’s price further up, especially if it successfully breaches the resistance at $0.13.
If another price drops, RLB could sink back to $0.12. However, if it turns $0.13 into a new support, the token could soar further up to $0.15 in the coming days.
Promising Alternative to Rollbit Coin
Rollbit brought significant earnings to its holders over the past week, but now traders are looking for an alternative that could continue to deliver profits. One potential candidate for that might be RLB’s upcoming rival, Mega Dice (DICE).
DICE is a native token of the Mega Dice casino, an online crypto gambling platform that has been around for years, but has only now launched its native cryptocurrency.
DICE is currently in presale, and has already raised over $517k.
The project aims to become the top GameFi token on Solana and provide the ultimate casino token experience.
Mega Dice is already one of the largest crypto betting platforms, with over 50,000 registered players and over 10,000 monthly active users.
It regularly exceeds $50 million in monthly wagering, offers over 4,000 casino games and 50+ sports and eSports to bet on.
Introducing #ReferAndEarn with $DICE! 🚀💰
You can now refer users to the Mega Dice presale and earn a generous 10% commission on all referral purchases.
Here's a simple guide on how to get started: 👇 pic.twitter.com/jbXSdljjvK
— Mega Dice Casino (@megadice) April 24, 2024
It will also offer a massive $2.25 million airdrop that will distribute rewards across three seasons with $750k each. To participate, you just need to hit a wager volume of $5,000 within 21 days.
There are all kinds of other benefits for DICE token holders, too, including bonus tokens for early investors, limited edition NFTs, and daily rewards based on the casino’s performance.
The price of the DICE token is $0.069, and it can be bought with SOL, ETH, or BNB.
Visit the DICE official website to buy its tokens here.
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