🎲 Reroll.gg — Wager Now, Stack Points & Farm the $REROLL Airdrop 🪂

[alani123]

It's obvious the token launch has created an opportunity for many people to speculate.

The token valuation seems absurdly low. Even accounting for the fact that the vast majority of tokens aren't even released yet. If we account for the total valuation including 1B tokens then with a price of 0.001 USD the fully diluted market cap would be 1m USD. This is a very low valuation even with the current revenue levels it could mean breaking even from the revenue share quite fast.

But speculators just saw the price rising and took advantage of the situation. It's a great opportunity if anyone wants to swing trade right now. What I do not understand is why the price in the AMM was set so low initially.

[Reroll.gg]

You can now buy $REROLL directly on our site using a variety of supported coins, including USDC, USDT, ETH, HYPE and more.

The entire process takes less than a minute from start to finish.

Give it a try: https://reroll.gg/token

[Perfectbaby]

It's obvious the token launch has created an opportunity for many people to speculate.

The token valuation seems absurdly low. Even accounting for the fact that the vast majority of tokens aren't even released yet. If we account for the total valuation including 1B tokens then with a price of 0.001 USD the fully diluted market cap would be 1m USD. This is a very low valuation even with the current revenue levels it could mean breaking even from the revenue share quite fast.

But speculators just saw the price rising and took advantage of the situation. It's a great opportunity if anyone wants to swing trade right now. What I do not understand is why the price in the AMM was set so low initially.

There is this thing about new token and whenever it is being listed you would see that there are some people who will be there controlling the price like trying to manipulate the price to their wanting.
However, a token like this it’s better they reduce the total supply in other for the price of the coin to be very expensive, let say if they do away with 00 or 0 it will be more better. For 00 the price at least the price increases so quickly.

[leonair]

It's obvious the token launch has created an opportunity for many people to speculate.

The token valuation seems absurdly low. Even accounting for the fact that the vast majority of tokens aren't even released yet. If we account for the total valuation including 1B tokens then with a price of 0.001 USD the fully diluted market cap would be 1m USD. This is a very low valuation even with the current revenue levels it could mean breaking even from the revenue share quite fast.

But speculators just saw the price rising and took advantage of the situation. It's a great opportunity if anyone wants to swing trade right now. What I do not understand is why the price in the AMM was set so low initially.

There is this thing about new token and whenever it is being listed you would see that there are some people who will be there controlling the price like trying to manipulate the price to their wanting.
However, a token like this it’s better they reduce the total supply in other for the price of the coin to be very expensive, let say if they do away with 00 or 0 it will be more better. For 00 the price at least the price increases so quickly.

Their total supply is quite huge and they have airdropped their coins for free, due to which many people are selling them in the market to get free coins, so it will be very difficult to maintain the price of this coin. Gambling platform tokens normally do not do very well in the market, if you look at the tokens of other platforms, they did not do very well except for a few tokens. Now to increase the value of this coin, in addition to reducing their supply, they will have to create pipes by manipulating their own market making and then stabilize the coin with a large liquidity, but this will be very challenging for them as a new platform.

[Bitinity]

Their total supply is quite huge and they have airdropped their coins for free, due to which many people are selling them in the market to get free coins, so it will be very difficult to maintain the price of this coin. Gambling platform tokens normally do not do very well in the market, if you look at the tokens of other platforms, they did not do very well except for a few tokens. Now to increase the value of this coin, in addition to reducing their supply, they will have to create pipes by manipulating their own market making and then stabilize the coin with a large liquidity, but this will be very challenging for them as a new platform.

Where and when do they airdropped the coins for free? As long as I can see, their aidrop is not free as players need to wager to get some airdrop points. Am I missing about the free airdrop? Anyway, it is indeed hard to have successful gambling token but it does not mean that any gambling token will fail. For this one, it looks good in the beginning but of course it is also not a guarantee of success so lets see and wait or maybe try to get some tokens by playing or earn free tokens if it is really available as what you say.

[ultrloa]

Their total supply is quite huge and they have airdropped their coins for free, due to which many people are selling them in the market to get free coins, so it will be very difficult to maintain the price of this coin. Gambling platform tokens normally do not do very well in the market, if you look at the tokens of other platforms, they did not do very well except for a few tokens. Now to increase the value of this coin, in addition to reducing their supply, they will have to create pipes by manipulating their own market making and then stabilize the coin with a large liquidity, but this will be very challenging for them as a new platform.

Where and when do they airdropped the coins for free? As long as I can see, their aidrop is not free as players need to wager to get some airdrop points. Am I missing about the free airdrop? Anyway, it is indeed hard to have successful gambling token but it does not mean that any gambling token will fail. For this one, it looks good in the beginning but of course it is also not a guarantee of success so lets see and wait or maybe try to get some tokens by playing or earn free tokens if it is really available as what you say.

I think its not free, since eligible participants need to wager to earn points.

You can track the latest updates about their airdrop here https://reroll.gg/points?view=stats

Also understand your statement here, since its really hard to see a casino manage sustain the success of their tokens. Although its early to tell that they maybe fail, same with other top casino tokens. But let see what their other actions to do to sustain its price and other future developments.