I've gotten quite a few messages as I've obviously dumped a good portion of my $RLB stack after having defended the Rollbit team for well over a year. As opposed to having to write this out individually, i'd thought it be best to put my thoughts out in an open manner,
So
I know I was critical of $RLB and @Rollbit in a previous post.. But the below is frankly stupid.. No way in hell should a company with more than 400 million in assets onchain, be worth less than 90 million dollars.. Hell, they have bought and burned more than the current market
Even after CT has seen multiple rounds of casino "KOL" deals they still haven't fully grasped how much money casinos are making...
Our figures put 2024 crypto casino revenue at over $10B.
$SHFL FDV = $225.87M
$RLB FDV = $95.93M
What am I missing here?
Dragonfly invested into PepperSec, Inc., the developers of Tornado Cash, in August of 2020. We made this investment because we believe in the importance of open-source privacy-preserving technology. Prior to our investment, we obtained an outside legal opinion that confirmed that
Havent posted in a while regarding $RLB and still have valid criticism. But going under 2 billion remaining is a major milestone.
I estimate their is a total of 300 million tokens that are dead and lost. Another 300 million is in the hands of the team and thus basically off
Happy 3B $RLB Burned day (60% of marketcap)! 🥳
TL;DR: You don’t have to ape your whole stack - just a modest allocation gives you exposure to a cash flowing, aggressively deflationary business.
Here’s why the next phase is a float squeeze nobody’s pricing in 👇
As Lucky just
JPMorgan says Coinbase earned $300M from its Circle and USDC ties in Q1, exceeding Circle’s own revenue. The bank estimates Circle-related business could be worth $55–60B to Coinbase shareholders.
coindesk.com/markets/2025/0…
According to Bloomberg, JPMorgan Chase and Coinbase have reached an agreement to directly link customers’ bank accounts to crypto wallets starting next year. Additionally, the two firms plan to launch new features this fall allowing users to fund their Coinbase accounts with
Our hourly buy & burn put a huge dent into the $RLB supply during July! 🔥
$2,377,389 was spent to buy & burn 48,135,219 RLB, reducing the supply by ~2.36%!
Only 39.81% of the original 5 billion coins remain in circulation.
I've been quiet on $RLB recently. However, the math simply works. Let me explain.
There are currently 1.9 bilion $RLB left in circulation. Market Cap is around 130 million. At current rates roughly 34 million USD will be bought and burnt from the revenue that Rollbit
Ive never followed the popular trades. On chain & offchain data continues to support Rollbit analytics in regards to revenue & growth.
$RLB remains one of the most comfortable volatile asset charts in crypto as RollBot continuously buys and burns on chain. As supply diminishes,
On July 26th, the anount of $RLB fell under the 2 billion mark. Today, thats just under 1.9 billion. In 72 days, 5 percent of total supply - and 10 percent of what I consider to be the real 0 bound for the token - essentially the "real circulating supply" has been burned (for
Plasma trading like the future of France is a ln illiquid desert wasteland …but feel free to express your point of view on $XPL by longing it or shorting.