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Rollbit Coin Price Prediction 2024: Is RBT Worth a Gamble?

Last Updated February 27, 2024 2:45 PM
Peter Henn
Last Updated February 27, 2024 2:45 PM

Key Takeaways

  • RLB rose more than than 5,000% in 2023.
  • Rollbit’s success has seen it launch a partnership with Napoli football club.
  • Can Rollbit Coin keep rising?
  • One Rollbit Coin price prediction sees the crypto reach $0.42 next year. 

The Rollbit Coin was one of the crypto’s biggest success stories in 2023. Rising by more than 5,000% across the year, the token enjoyed success at a tricky time for cryptocurrency.

The Rollbit gambling platform announced a partnership  with Napoli football club and recorded  revenues of almost $38 million in September. 

Rollbit did not immediately respond to a request for comment.

But what is Rollbit Coin (RLB)? How does Rollbit Coin work? Let’s see what we can find out, and also take a look at some of the Rollbit Coin Price Predictions that were being made as of February 27, 2024.

Rollbit Coin Price Prediction

Let’s examine some of the Rollbit Coin price predictions being made on February 27, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

2024 2025 2030
Prediction #1 $0.36 $0.42 $1.22
Prediction #2 $0.2720 $0.3806 $2.35
Prediction #3 $0.2252 $0.3383 $1.59

First, CoinCodex  made a short-term Rollbit Coin price prediction that said RLB would drop to $0.159918 by March 2 before recovering to $0.168732 by March 28. The site’s technical analysis was bullish, with 21 indicators sending positive signals and five making bearish ones. 

Rollbit Coin Price Prediction for 2024

DigitalCoinPrice  said that Rollbit Coin would reach $0.36 this year, while PricePrediction.net  had it at $0.2720. Cryptopolitan  said RLB would be worth $0.2252 in December 2024.

Rollbit Coin Price Prediction for 2025

Moving on, DigitalCoinPrice’s Rollbit Coin price forecast had it reach $0.42 in 2025. Cryptopolitan said it would trade at $0.3383 at the end of the year. PricePrediction.net said RLB would be worth $0.3806 next year.

Rollbit Coin Price Prediction for 2030

Looking at a more long-term Rollbit Coin price prediction, DigitalCoinPrice said it would stand at $1.22 in 2030. Meanwhile, PricePrediction.net made a RLB price prediction that had it reach $2.35 at the start of the next decade while Cryptopolitan sees it at $2.32.

Google Gemini AI Price Prediction for Rollbit Coin (as of February 27)

Google’s Gemini AI platform gave the following price prediction for Rollbit Coin on February 27. Please remember that the exact price prediction of an asset or cryptocurrency in the future is nearly impossible to achieve. Additionally, artificial intelligent price predictions are predicated on past performances and are in no way entirely accurate.

Short Term (Next 3 months)

  • Expected price: $0.1449
  • Factors to Consider:
    • Overall market conditions: The general sentiment and trends in the cryptocurrency market can significantly impact individual coin prices, including RLB.
    • Adoption and usage of the Rollbit platform: Increased use of the Rollbit platform and its native token RLB could drive up demand and potentially the price.
    • Regulations and news: Regulatory changes or significant news events related to cryptocurrency or gambling could affect RLB’s price.

Medium Term (Next 6 months)

  • Expected price: $0.30
  • Factors to Consider:
    • Overall crypto market trends: The broader market sentiment can significantly influence the price of individual cryptocurrencies like RLB.
    • Rollbit platform performance: The success and adoption of the Rollbit gambling platform could positively impact the value of RLB.
    • Regulations: Regulatory developments in the online gambling and cryptocurrency space could potentially affect RLB’s price.

Long Term (Next 5 years)

  • Expected price: $0.5213
  • Factors to Consider:
    • Market sentiment: Overall positive sentiment towards cryptocurrencies can drive prices up, while negative sentiment can lead to price drops.
    • Regulations: Government regulations can significantly impact the cryptocurrency market, affecting the price of RLB.
    • Adoption and Use Cases: Increased adoption and real-world use cases for RLB can increase its demand and potentially drive up the price.
    • Developments on the Rollbit platform: New features, partnerships, and integrations on the Rollbit platform can increase the value proposition of RLB and potentially influence its price.

RLB Price History

Now, let’s examine some of the highlights and lowlights of the Rollbit Coin price history . While we should never take past performance as an indicator of future results, knowing what the coin has achieved can provide us with some very useful context if we want to make or interpret a Rollbit Coin price prediction.

Rollbit Coin price history
Rollbit has risen more than 7,000% in 2023 | Credit: CoinMarketCap

RLB first came onto the open market in April 2022. It was worth about $0.03 and it hovered between there and $0.01 for much of the rest of 2022, closing the year at $0.002194.

RLB shot up in early 2023, breaking past the cent in late January and peaking at $0.06326 on February 19. The token then dropped and was worth $0.1913 on June 26. The crypto then went on a bull run, peaking at an all-time high of $0.2116 on August 12. There was another downturn, with it falling to $0.09909 on September 22, but it has since recovered. On October 20 2023 Rollbit Coin was worth about $0.1645.

It then ended 2023 at $0.1286 before accelerating its growth in the first two months of 2024, reaching $0.1605 on February 27, 2024.

At that time, there were 3.30 billion RLB in circulation, representing the total supply. This gave the crypto a market cap of $539.0 million, making it the 216th largest crypto by that metric.  

Is Rollbit Coin a Good Investment?

It is hard to say right now. While the platform and the crypto have been doing well lately, there is no guarantee how long that will last. Rollbit is not accessible everywhere, with some countries having laws and regulations restricting crypto gambling. Some investors may also be put off by a platform whose founders are unknown. Although having a pseudonymous founder has not done Bitcoin (BTC) any harm, some people prefer transparency. 

As ever with crypto, you will need to make sure you do your research before deciding whether or not to invest in RLB.

Will Rollbit Coin go up or down?

No one can tell right now. While the Rollbit Coin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up. 

Should I invest in Rollbit Coin?

Before you decide whether or not to invest in Rollbit Coin, you will have to do your research, not only on RLB but on other coins and tokens such as Synthetix (SNX) and Uniswap (UNI). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

Rollbit Coin (RLB) Explained

The Rollbit  gambling platform was launched as the Rollbit lottery in 2020 by two pseudonymous developers, Razer and Lucky. Since then, the platform has expanded into being a platform that combines casino gaming and crypto trading.

The Rollbit Coin, also known as RLB supports Rollbit, which is based on the Ethereum (ETH) blockchain. 

How Rollbit Coin Works

Rollbit includes features such as bonus battles, where players can interact with other users and challenges. 

The Rollbit Coin is used to pay out rewards to Rollbit casino players. It can also be bought, sold, and traded on exchanges.

Rollbit Coin Attention Tracker

A chart for the Rollbit Coin Google search volume for the past 90 days cannot be shown as Google says there is not enough data to make one. 

FAQs

How many Rollbit Coin are there?

On February 27, 2024, there were 3.30 billion RLB in circulation, representing the total supply.

Will Rollbit Coin reach $1?

It could do, but not for a while. DigitalCoinPrice, Cryptopolitan and PricePrediction.net all think it can break the dollar in 2029.

Keep in mind that RLB’s all-time high is $0.2116, which it reached in August this year.

What is Rollbit Coin used for?

RLB powers the Rollbit crypto gambling platform. It can also be bought, sold, and traded on exchanges.

Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability, and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto user should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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