A little-known crypto casino project is surging this week after unveiling new updates to its blockchain protocol.
In a recent announcement, crypto casino and exchange platform Rollbit says that it’s adding support for its native token, Rollbit Coin (RLB), and the ability to deposit the governance token of the non-fungible token (NFT) marketplace Blur (BLUR).
“We’re excited 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 purchase RLB!”
The crypto firm, which offers a casino, sportsbook and NFT gambling, as well as leveraged trading, says that to support the upcoming changes, it will be depreciating existing RLB balances and that any RLB held on its website can be converted to the new format.
Furthermore, all deposited RLB tokens will be automatically converted into the new format as well.
Rollbit is also adding the ability for users to become liquidity providers directly on the platform itself.
“You can now become a liquidity provider for RLB directly on the Rollbit platform! Liquidity providers will help facilitate RLB trades for other users. Every successful trade will generate fees!”
News of the additions sent RLB skyrocketing as the under-the-radar altcoin went from its seven-day low of $0.0188 to $0.0428, a staggering 127.6% increase.
The 254th-ranked digital asset has since retraced and is trading for $0.0329 at time of writing, a 4.5% decrease during the last 24 hours but a 75% increase during the week.
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Generated Image: Midjourney