I am keeping close track of my Gambling Dapp Portfolio that includes SBET (Sportbet.one), BFG (Betfury.io), RLB (Rollbit.com), OWL (Owl.Games),SX (Sx.Bet), & also WINR Protocol (app.just.bet) with regular updates on how exactly they are doing showing what can be expected for those interested...
I made a post 2 months ago (Link) about Rollbit and the Drama that was going on while the coin reached a low price below 0.04$. Basically the people behind Rollbit created a new competitor with Luck.io while they kindof had been neglecting rollbit of which the numbers had been going down despite the fact that they were still high with a nice systematic burn of RLB tokens.
What I wrote at the end as a plan to go forward was that I was going to just get in case there would be a pump.
Sure enough the moment of peak fud turned out to be the price bottom and ever since it has started to recover.
Price 2 Months Ago
Price Now
I Sold My Bag and Got out!
So I ended up today selling my bag of 50k RLB not so much because I think it will crash down again as the burn is still solid and above my projected 15% on a yearly basis which tends to be my sell point. It's because of a combination that the devs lost my trust with the move they pulled and the fact that I believe I can used the funds better elsewhere for my new Hyperliquid Portfolio. I'm prettyt pleased with the recent pump and the current price to get out also.
Current RLB Numbers!
I will continue to track RLB as part of my GambleFi Portfolio to keep up with what is going on to possibly get a re-entry at some point even though I doubt it. Honestly, the core numbers still look pretty strong with the expected burn at 27.5% on a yearly basis. So the uptrends RLB got on since the lows I would say is even likely to continue at least until it reaches 20%.
The 2nd metric that I'm looking at is the earnings of the NFT I used to own. At the time I managed to sell it it was crazy high as 1 massive whale pumped up the earnings up to 140$ monthly while before it was more around the 10$ range. 2 Months ago it was at 8.3$ and now it's at only 5.09$ so there generally has been a downward trend in NFT earnings.
NFT Profit Share 2 Months Ago
NFT Profit Share Now
Conclusion:
I still see the value in Rollbit and RLB as a coin with an insane burn rate that should result in the price going up over time. However, I did get out of my position during the current pump as the devs kind of lost my trust while I can used funds for Hyperliquid which I believe could be much more profitable in the coming months.
Crypto & Blockchain-Based Bookies and Exchanges that I'm personally using with some allowing anonymous betting with no KYC or personal restrictions...
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