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🏆The Grand Final Sportsbot Giveaway🤖
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For your chance to win Sportsbot #1392
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🤖Counter-Strike Sportsbot Giveaway 13/16🔫
For your chance to win Sportsbot #4350
- Watch the video
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Turn your X notifications on during the #BudapestMajor Playoffs for more chances to win!
🤖Counter-Strike Sportsbot Giveaway 12/16
For your chance to win Sportsbot #5472
- Watch the video
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One lucky follower will win the NFT and its $150 monthly free bet!
Turn your X notifications on during the #BudapestMajor for more chances to win!
Another 3 days have passed, and yet again, another 5 million $RLB have been burned.. That equates to over half a percent of what I believe to be the real circulating supply (0.57 percent to be precise)
Today, lets go into the elephant in the room. If they are burning so much, then why is the price down? To put it bluntly, huge amounts of sellers.. I've kept track since the beginning of the year- and in short over 40 percent of the onchain metric and holder groups that I can are now gone.
Though, I believe the tide has turned.. Why you may ask? $RLB price bottomed in the end of June. Its up 80 percent since that point. You might think, well then at least buyers have equalled sellers, allowing the buy and burn to push the price up. Thats not the case, In fact the number of holders is still substantially decreasing. However, the Buy and Burn is able to outstrip them.
Have a look at the chart below. It shows the number of holders is specific holder groups based on the amount of RLB held onchain. You can see in each and every holder category that there is large decrease. In the whale/10 million plus category its 28 percent down alone.
So if $RLB can go up thanks to @rollbit buy and burn even with significantly more selling than buying pressure, imagine what could occur if buy and sell pressure equals out.. Or imagine that buy pressure actually outstripped sell pressure (just like every other token requires to go up!). $RLB could fly quickly
It doesnt matter in the long term as the buy and burn will eventually buy out every seller..
$RLB 135/1000
In the last 24 hours $RLB has generated more than double the revenue of $ETH
It's #9 on the 24 hour revenue leaderboard on @DefiLlama
$RLB uses this revenue to buy & burn the token, and it's already burned over 60% of the supply
Time is ticking, Rollbot is burning 🔥
4 years ago we launched $RLB with a total supply of 5 billion coins.
While the majority of projects in this space allocate a large percentage of their token supply to the team, VCs and OTC deals, we did things differently. In fact, not a single RLB has ever been sold OTC or to VCs.
Instead, we opted to distribute 100% of the RLB supply to the Rollbit community via airdrops, giveaways, promotions and Rollbot NFT holders.
The immense mindshare of RLB in its early days played a pivotal role in popularising the GambleFi and buy & burn meta. Over the past 4 years, we've watched the marketcap soar from $12m to an ATH of $800m and back to its current marketcap of $100m.
Over the last 30 days, Rollbit has generated $18.5m in revenue (EV), with $2.2m RLB bought and burned. This currently equates to 2.35% of the total RLB supply burned within a single month, cementing RLB as one of the most deflationary coins in the industry.
Every hourly buy & burn is executed on-chain, ensuring complete transparency for everyone to see.
Since we transitioned from the RLB lottery to the buy & burn program in August 2023, we've spent $115.8m to buy & burn 1,144,883,882 RLB.
Today we've reached the next major milestone in RLB's history by burning 3 billion coins totalling 60% of the original RLB supply. 2 billion remain in circulation, a ~35.6% decrease since the start of the buy & burn program just 2 years ago.
Despite the never-ending FUD over the years, our hourly buys and burns continue to do exactly what they were designed to do: burn RLB. Onto the next billion!
The main reason $RLB isn't a top 20 token is simply due to the massive amount of disbelievers of the vast amounts of money that @rollbitcom makes.
Whilst we don't have the exact p/l statements, we can look at certain on-chain indicators to give us a good idea.
Today, let's look at the funds held by Rollbit controlled wallets, and let's see if they align with our expectations.
Thanks to the many austists (said with love) in the Rollbit discord, we can get a good idea. Below, you will find a list, with a total of 363.2 million dollars worth of tokens!!
And this is NOT an exhaustive list by any means. Eth is still by far the largest payment rail in the Rollbit ecosystem, and I would assume that the eth cold wallets could easily add a huge amount to that number. We could easily be well over 500 million USD worth.
The fact that Rollbit has this amount of money in the ecosystem lends credence to the numbers reported. And the fact that $RLB is under 200 million dollar market cap at this point is nearly a crime.
This is a real business, that has thousands of users that generates HUGE amounts of revenue.
Still the most undervalued token - RLB to 2.30!
rollbit erc-20 hot wallet around $14.5m stables
https://t.co/6vagknwhsm
rollbit eth hot wallet around $11.3m in eth
https://t.co/dWTq6Y4gS9
sol hot wallet around $14m sol + stables
https://t.co/ufD0e3i9gu
btc hot wallet 182 btc $14.6m
https://t.co/9Xqx6T5i4v
1. sol cold wallet 50k sol ($10.5m)
https://t.co/2n0BFIpdN6
2. sol cold wallet 50k sol ($10.5m)
https://t.co/AjWdmWAeS8
3. sol cold wallet 50k sol ($10.5m)
https://t.co/HnKfU6yYjj
4. sol cold wallet 50k sol ($10.5m)
https://t.co/J4bHHRF1HO
5. sol cold wallet 50k sol ($10.5m)
https://t.co/djIPQxJVl4
6. sol cold wallet 50k sol ($10.5m)
https://t.co/EhLuOnADLR
7. sol cold wallet 50k sol ($10.5m)
https://t.co/0nbCYMdVyN
8. sol cold wallet 50k sol ($10.5m)
https://t.co/TOUqZj3VbJ
9. sol cold wallet 50k sol ($10.5m)
https://t.co/LQHZoK0gRZ
10. sol cold wallet 50k sol ($10.5m)
https://t.co/RgJl6R5IK3
11. sol cold wallet 50k sol ($10.5m)
https://t.co/wXC0Mccq95
12. sol cold wallet 50k sol ($10.5m)
https://t.co/VF4CICpEZh
13. sol cold wallet 100k sol ($21m) (staked/see transactions)
https://t.co/AXdtgDdZYb
14. sol cold wallet 100k sol ($21m)
https://t.co/9gds2Zkjkf
15. sol cold wallet 100k sol ($21m)
https://t.co/Og823qo73D
16. sol cold wallet 50k sol ($10.5m)
https://t.co/bDYfueCLVQ
17. sol cold wallet 50k sol ($10.5m)
https://t.co/6MuiYq6GHN
18. sol cold wallet 50k sol ($10.5m)
https://t.co/hn1rALaHII
19. sol cold wallet 23k sol ($4.8m)
https://t.co/nKMfVPWzuf
20. sol cold wallet 50k sol ($10.5m)
https://t.co/1mNN1UOYOk
21. sol cold wallet 100k sol ($21m)
https://t.co/LWgbdzBmgE
22. sol cold wallet 22.4k sol ($4.7m)
https://t.co/AKAC1UkcBo
23. sol cold wallet 100k sol ($21m)
https://t.co/uyiDTRupk9
24. sol cold wallet 50k sol ($10.5m)
https://t.co/o9JYkjEw19
25. sol cold wallet 50k sol ($10.5m)
https://t.co/kBmvDZWKeT
26. sol cold wallet 25k sol ($5.2m)
https://t.co/DPrcNl42hF
OpenSea's evolution to OS2 brings enhanced support and trading for fungible tokens.
We're excited to have our own custom trading page for $RLB that helps illustrate its utility and culture, alongside the ability to trade it.
We hope you enjoy! 💛🖤
Break down on how @rollbit has given back over $5.2 million in 30 days
- $386,107 is currently available to claim in profit share for Sportbot holders (will take 30 days to claim)
- $555,641 in free bets is currently available to place on the sportsbook for Sportbot holders (will take 30 days to claim)
- $337,288 in $RLB was distributed back to V1 Holders in the last 30 days
- $3,035,595 in $RLB was burned in the last 30 days
- $750,000 has been won in the daily race over the last 30 days
- $218,150 has been won in the $RLB lottery in the last 30 days
(Not including V1 market share from the NFT marketplace)