Crypto Casino Rollbit Shutting Down Degen Exchange Over Regulatory Worries Despite RLB Token Price Surge

Crypto casino Rollbit shutting down Degen EXchange trading platform due to regulatory concerns and low adoption.
Rollbit's sister site, Rollbot.com, also being decommissioned and made withdrawal-only.
Closures unrelated to Rollbit's core products and services.
Rollbit's native token RLB rose over 400% in last 3 months.
RLB hit all-time high of $0.110 in June after starting at $0.0201 in March.

dailyhodl.com

Relevant topic timeline:

9/20/2023

Discord Crypto Trading Bot Shuts Down After 'Critical Exploit' and Token Price Plunge

The cryptocurrency trading tool, None Trading, has shut down due to a critical exploit, leading to significant financial losses and the inability to continue operations, resulting in a plunge in token value and the closure of the company.

10/20/2023

Crypto Trader Predicts Bitcoin Rally to $40K if Key Resistance Broken; Altcoin Sherpa Bullish on Rollbit Short-Term

Crypto trader Altcoin Sherpa predicts that the crypto gambling platform Rollbit (RLB) will perform well in the short term, and believes that Bitcoin (BTC) could either rise to $40,000 or drop to the low $20,000 range in the coming weeks.