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Rollbit Coin

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<![CDATA[<figure class="image"><img src="https://cimg.co/news/125174/330691/image.jpg" alt="" srcset="https://cimg.co/news/125174/330691/responsive-images/image___media_library_original_1280_674.jpg 1280w, https://cimg.co/news/125174/330691/responsive-images/image___media_library_original_1200_632.jpg 1200w, https://cimg.co/news/125174/330691/responsive-images/image___media_library_original_900_474.jpg 900w, https://cimg.co/news/125174/330691/responsive-images/image___media_library_original_720_379.jpg 720w, https://cimg.co/news/125174/330691/responsive-images/image___media_library_original_600_316.jpg 600w, https://cimg.co/news/125174/330691/responsive-images/image___media_library_original_300_158.jpg 300w" sizes="100vw" width="1280" class="content-img"><figcaption>Pixabay / PIRO4D</figcaption></figure>One week after leading GambleFi project Rollbit (RLB) launched its European expansion campaign with SSC Napoli, price action has taken a tumultuous turn for the worst as RLB tumbles -10% overnight, leaving some asking 'is Rollbit coin going to zero'?The major sporting partnership with the Serie A team fuelled huge optimism in the crypto community, with bag-holders arguing the partnership was testament to <a href="https://cryptonews.com/coins/rollbit-coin/">Rollbit's </a>massive revenue over the past month.Despite the downside price action, Rollbit appears to be showing no signs of distress, with volumes surging to all-time highs across all three project revenue streams (casino revenue, crypto futures revenue, and sports revenue).<figure class="media"><oembed url="https://twitter.com/Lucky_Rollbit/status/1703999069289644327"></oembed></figure>Better yet? A deflationary burn-mechanism is in full force - with 0.1% of RLB supply being burned in just the last 24-hours - suggesting that much of the recent downside relates to paper-handed investors.<h2 id="strong-rlb-price-analysis-as-rollbit-drops-10-is-rlb-going-to-zero-strong">RLB Price Analysis: As Rollbit Drops -10% is RLB Going to Zero?</h2>Amid the sudden downside move, Rollbit is currently trading low in the trading channel at a <a href="https://www.tradingview.com/symbols/RLBUSDT/">market price of $0.12</a> (representing a 24-hour change of 0.00% as price action remains incredible tight-fought).The -19% bleed-out over the past 48-hours was triggered on September 17, when RLB was rejected from stiff resistance around the gently descendant 20DMA.<figure class="image"><img src="https://cimg.co/news/125174/330680/image.jpg" alt="" srcset="https://cimg.co/news/125174/330680/responsive-images/image___media_library_original_1634_901.jpg 1634w, https://cimg.co/news/125174/330680/responsive-images/image___media_library_original_1200_662.jpg 1200w, https://cimg.co/news/125174/330680/responsive-images/image___media_library_original_900_496.jpg 900w, https://cimg.co/news/125174/330680/responsive-images/image___media_library_original_720_397.jpg 720w, https://cimg.co/news/125174/330680/responsive-images/image___media_library_original_600_331.jpg 600w, https://cimg.co/news/125174/330680/responsive-images/image___media_library_original_300_165.jpg 300w" sizes="100vw" width="1634" class="content-img"><figcaption>TradingView / RLB USDT</figcaption></figure>This came after a strong display by RLB, which bounced off lower trendline support +40% from September 12 to re-test the 20DMA.With price now sat back above lower trendline support, a second bounce from here would bode well for technical structure - creating a zone of double-bottomed support.&nbsp;The downside move is significant in cooling-down RLB's RSI indicator, which has dropped down from an overbought signal at 53 to an oversold signal at 44.With price structure now considered over-sold a bounce from here could be likely; with the previous bounce from lower trendline support on September 12 triggering at a low of 39 on the RSI.As for the MACD, the outlook on this indicator remains bearish divergence at -0.0029.Overall, current RLB's troubled posture could conceal silver-linings, a bounce from the lower trendline here as suggested by the RSI could leave RLB poised for a re-test with the 20DMA (this time with double-bottomed support).<figure class="image"><img src="https://cimg.co/news/125174/330681/image.jpg" alt="" srcset="https://cimg.co/news/125174/330681/responsive-images/image___media_library_original_1634_901.jpg 1634w, https://cimg.co/news/125174/330681/responsive-images/image___media_library_original_1200_662.jpg 1200w, https://cimg.co/news/125174/330681/responsive-images/image___media_library_original_900_496.jpg 900w, https://cimg.co/news/125174/330681/responsive-images/image___media_library_original_720_397.jpg 720w, https://cimg.co/news/125174/330681/responsive-images/image___media_library_original_600_331.jpg 600w, https://cimg.co/news/125174/330681/responsive-images/image___media_library_original_300_165.jpg 300w" sizes="100vw" width="1634" class="content-img"><figcaption>TradingView / RLB USDT</figcaption></figure>This leaves RLB with an upside target at $0.1525 on the short-time frame (+18.22%).While downside risk here remains limited by lower trendline support at $0.12 (-6.98%).Rollbit's risk: reward ratio is therefore stood at 2.61 - a strong entry with good upside potential from here.But while RLB is enduring downside moves, an emerging Bitcoin derivatives presale is making significant headway as its skyrocketing presale surges past a whopping +$3m.<h2 id="strong-market-interest-gravitates-to-bitcoin-derivatives-as-bitcoin-bsc-raises-3m-strong">Market Interest Gravitates to Bitcoin Derivatives as Bitcoin BSC Raises +$3M</h2><figure class="image"><img src="https://cimg.co/news/125174/330682/image.jpg" alt="" srcset="https://cimg.co/news/125174/330682/responsive-images/image___media_library_original_1080_1080.jpg 1080w, https://cimg.co/news/125174/330682/responsive-images/image___media_library_original_900_900.jpg 900w, https://cimg.co/news/125174/330682/responsive-images/image___media_library_original_720_720.jpg 720w, https://cimg.co/news/125174/330682/responsive-images/image___media_library_original_600_600.jpg 600w, https://cimg.co/news/125174/330682/responsive-images/image___media_library_original_300_300.jpg 300w" sizes="100vw" width="1080" class="content-img"><figcaption>Source / Bitcoin BSC</figcaption></figure>On-Chain Summer has given rise to an emerging vertical of Bitcoin off-shoot projects. While the term "Bitcoin derivative" might raise eyebrows, here&rsquo;s what it signifies: a digital asset that leverages the strengths of Bitcoin and, at the same time, offers enhancements to rectify its challenges.And with more than $2.6M raised this is what has markets so excited about <a href="https://www.bitcoinbsc.io/">Bitcoin BSC</a>.BTCBSC's commitment to retaining Bitcoin's cherished tokenomics, including the iconic 21 million token cap, ensures familiarity, while its unique offerings make it stand out.<figure class="media"><oembed url="https://twitter.com/Bitcoinbsctoken/status/1704042736666480722"></oembed></figure>One can't help but marvel at BTCBSC&rsquo;s integration with BSC (Binance Smart Chain), promising lightning-fast transaction times and minimal fees.Forget the 10+ minute wait times of traditional Bitcoin; with BTCBSC, your transactions are confirmed in under five seconds, all for a mere $0.10.This enhanced efficiency opens the door for broader usability, ensuring BTCBSC's relevance for a range of dApps, from microtransactions to significant financial remittances.But that's not all, BTCBSC's adoption of proof-of-stake over proof-of-work offers a greener, more sustainable mechanism that's in line with contemporary environmental concerns.By doing so, it ensures that the energy concerns that often plague traditional cryptocurrencies are a thing of the past.<a href="https://cryptonews.com/ext/bitcoin-bsc/en">&gt;&gt;&gt;&gt; Buy Bitcoin BSC Here &lt;&lt;&lt;&lt;</a><h2 id="strong-delivering-staking-to-bitcoin-how-proof-of-stake-changes-the-game-for-holders-strong">Delivering Staking to Bitcoin: How Proof of Stake Changes the Game for Holders</h2><figure class="image"><img src="https://cimg.co/news/125174/330687/image.jpg" alt="" srcset="https://cimg.co/news/125174/330687/responsive-images/image___media_library_original_1600_534.jpg 1600w, https://cimg.co/news/125174/330687/responsive-images/image___media_library_original_1200_401.jpg 1200w, https://cimg.co/news/125174/330687/responsive-images/image___media_library_original_900_300.jpg 900w, https://cimg.co/news/125174/330687/responsive-images/image___media_library_original_720_240.jpg 720w, https://cimg.co/news/125174/330687/responsive-images/image___media_library_original_600_200.jpg 600w, https://cimg.co/news/125174/330687/responsive-images/image___media_library_original_300_100.jpg 300w" sizes="100vw" width="1600" class="content-img"><figcaption>Source / Bitcoin BSC</figcaption></figure><a href="https://cryptonews.com/ext/bitcoin-bsc/en">BTCBSC</a> isn't just a token; it's an investment strategy - focused on: Staking, which has become a focal point in the DeFi space, takes center stage in the BTCBSC ecosystem.The benefits are two-fold: it offers token holders a lucrative yield (imagine an APY of 8-10%!) and it promotes long-term holding, reducing the notorious price volatility often seen with new crypto projects.By distributing a staggering 69% of the total token supply as staking rewards over 120 years, BTCBSC not only incentivizes holding but promises sustained and stable growth.<figure class="image"><img src="https://cimg.co/news/125174/330688/image.jpg" alt="" srcset="https://cimg.co/news/125174/330688/responsive-images/image___media_library_original_1600_591.jpg 1600w, https://cimg.co/news/125174/330688/responsive-images/image___media_library_original_1200_443.jpg 1200w, https://cimg.co/news/125174/330688/responsive-images/image___media_library_original_900_332.jpg 900w, https://cimg.co/news/125174/330688/responsive-images/image___media_library_original_720_266.jpg 720w, https://cimg.co/news/125174/330688/responsive-images/image___media_library_original_600_222.jpg 600w, https://cimg.co/news/125174/330688/responsive-images/image___media_library_original_300_111.jpg 300w" sizes="100vw" width="1600" class="content-img"><figcaption>Source / Bitcoin BSC</figcaption></figure><a href="https://cryptonews.com/ext/bitcoin-bsc/en">&gt;&gt;&gt;&gt; Buy Bitcoin BSC Here &lt;&lt;&lt;&lt;</a><h2 id="strong-seize-the-moment-the-btcbsc-presale-surges-to-3m-raised-in-first-week-strong">Seize the Moment: The BTCBSC Presale Surges to $3M+ Raised in First Week</h2><figure class="media"><oembed url="https://www.youtube.com/watch?v=Z2ZNFMdS-MI"></oembed></figure>Now comes the crux: the <a href="https://cryptonews.com/ext/bitcoin-bsc/en">BTCBSC presale</a> -a limited-time opportunity, the presale offers 29% of the total token supply to early participants at a tantalizing price of $0.99 per token.Comparing this to Bitcoin&rsquo;s 2011 price gives a nostalgic yet optimistic perspective on BTCBSC's potential.With liquidity already locked via Unicrypt and a soon-to-be launch on PancakeSwap, the prospects for BTCBSC are incredibly promising.The parallels to the surges seen in other Bitcoin derivatives, like BCH and BTC20, cannot be ignored.<figure class="image"><img src="https://cimg.co/news/125174/330689/image.jpg" alt="" srcset="https://cimg.co/news/125174/330689/responsive-images/image___media_library_original_1251_702.jpg 1251w, https://cimg.co/news/125174/330689/responsive-images/image___media_library_original_1200_673.jpg 1200w, https://cimg.co/news/125174/330689/responsive-images/image___media_library_original_900_505.jpg 900w, https://cimg.co/news/125174/330689/responsive-images/image___media_library_original_720_404.jpg 720w, https://cimg.co/news/125174/330689/responsive-images/image___media_library_original_600_337.jpg 600w, https://cimg.co/news/125174/330689/responsive-images/image___media_library_original_300_168.jpg 300w" sizes="100vw" width="1251" class="content-img"><figcaption>Source / Bitcoin BSC</figcaption></figure>BTCBSC is poised to not only emulate, but potentially surpass these successes, especially with its strategic staking model.So in ever volatile crypto markets, BTCBSC emerges as a beacon of innovation and promise - delivering advanced features, combined with the trustworthiness of Bitcoin's legacy, has seen BTCBSC break-out as a top tier investment opportunity.As the crypto community eagerly watches the BTCBSC journey, it&rsquo;s clear that this is more than just another token; it's a movement, a strategy, and most importantly, an opportunity.Join the future; join the BTCBSC revolution. Stay tuned for the<a href="https://icobench.com/"> latest ICOs</a>.<a href="https://cryptonews.com/ext/bitcoin-bsc/en">&gt;&gt;&gt;&gt; Buy Bitcoin BSC Here &lt;&lt;&lt;&lt;</a>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Is Rollbit Coin Going to Zero? RLB Price Drops 10% Overnight as New Bitcoin Startup Raises $3 Million

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