Richard

Show

Influencer

Raise

<p><strong>Controversial cryptocurrency influencer Richard Heart is back in the news, this time connected to popular leveraged trading platform Rollbit. Rollbit’s native token, RLB, has surged over 7x in recent months thanks partly to revamped tokenomics. But a closer look at the on-chain activity of Rollbit’s developers reveals wallet connections to Richard Heart, according to online sleuths. </strong></p> 
<p>Richard Heart is well-known in the crypto community for founding the cryptocurrency Hex, which many consider to be a scam. Heart has a history of promoting products of questionable legitimacy, so his potential connection to Rollbit is raising red flags. </p> 
<p>Rollbit has recently ramped up promotions by influencers to drive user signups for its high-leverage trading platform. Meanwhile, rivals like Bybit are doing the same. These exchanges generate revenue from liquidations when overly-leveraged trades are forced to close. </p> 
<p>Some believe the influencer promotions and token price pumps are simply games to attract new users as livestock to be harvested for liquidations. Caution is warranted with any platform promising big riches from ultra-high risk leveraged trading. </p> 
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:"> 
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"> <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i> 
  <div class="rh-colortitle-inbox-label"> 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> Unibot: Trading Intelligence that Makes You 7x More Successful! 
  </div> 
 </div> 
 <div class="rh-colortitlebox-text"> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px"> 
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"> Discover the edge in crypto trading with <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Unibot" href="https://captainaltcoin.com/go/unibot/" data-shortcode="true">Unibot</a> – a user-friendly Telegram bot that boasts a 35% profitability rate amongst users, seven times higher than the average trader (only 5% of traders are profitable)! <br><br>Experience top-notch features like decentralized copytrading, DEX-based limit orders, and protection against MEV bots. <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Unibot" href="https://captainaltcoin.com/go/unibot/" data-shortcode="true"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> Click to connect with Unibot <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"></a>! </p> 
    <p></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span> 
   </div> 
  </div> 
 </div> 
</div> 
<p>But why is Rollbit attracting so much attention and new users? The platform offers leverage up to 100x, allowing traders to magnify both gains and losses substantially. For some gambler-types, the rush of ultra-high leverage is exhilarating. </p> 
<p>RLB’s price surge is also driven partly by recently revamped tokenomics. Rollbit conducts token buybacks and burns, reducing circulating supply. New staking rewards have also been added to encourage holding the token. </p> 
<p>Of course, reduced token supply and staking rewards mean nothing if the underlying platform lacks ethics or integrity. The connection to a controversial figure like Richard Heart raises doubts. Wise investors will think twice before apeing into RLB or depositing funds on Rollbit without strict risk management. </p> 
<p>As usual in crypto, investors should do their own research before jumping in. Exchanges advertising get-rich-quick schemes should always be treated with skepticism. While big wins may happen for a few lucky traders, sustainable gains come from discipline, risk management, and time in the market.</p> 
<p><em>Join us on <a href="https://www.facebook.com/captainaltcoin" data-type="URL" data-id="https://www.facebook.com/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow"><strong>Facebook</strong> </a>and <strong><a rel="noopener noreferrer nofollow" href="https://twitter.com/CaptainAltcoin" target="_blank">Twitter</a></strong> for the latest insights and discussions in the world of crypto.</em></p> 
<p><em>Explore our <strong><a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/tag/news/" data-type="URL" data-id="https://captainaltcoin.com/tag/news/" target="_blank">new</a><a href="https://captainaltcoin.com/tag/news/" data-type="URL" data-id="https://captainaltcoin.com/tag/news/" target="_blank" rel="noopener noreferrer nofollow">s section</a></strong> and stay ahead of the curve with our expert <strong><a href="https://captainaltcoin.com/predictions/" data-type="URL" data-id="https://captainaltcoin.com/predictions/" target="_blank" rel="noopener noreferrer nofollow">price predictions</a>.</strong></em></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/rollbits-ties-to-controversial-influencer-richard-heart-raise-red-flags/">Rollbit’s Ties to Controversial Influencer Richard Heart Raise Red Flags</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Rollbit’s Ties to Controversial Influencer Richard Heart Raise Red Flags

CaptainAltcoin

Other articles published on Aug 11, 2023

Bittrex Settles SEC Lawsuit for $24 Million: SEC Receives Criticism

The RCMP plans a digital asset solution for cryptocurrency and NFTs!

The Coinbase layer-2 network reached 136k daily users

Zcash and Aptos falling as Pomerdoge doubles in ongoing presale

Musk Says Proceeds From Zuckerberg Fight Will Go To Veterans

Crypto Exchange Bittrex Settles with SEC for $24 Million

Join our free newsletter for daily crypto updates!