🎲 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.

[Cossyblack]

Common bro, if not investing in this shit coin make you think that we are sleeping, then I personally want to keep sleeping because alt coin will keep on behaving as one, they would not start behaving like Bitcoin all of a sudden. I am not discouraging those that wishes to gamble on them, but they should have it at the back of their mind that investment in asset like these are more of gambling, since they falls more than they rise.

Point of correction, not all altcoin behave the same.  The fact that some altcoins falls more than they rise doesn't mean that you should generalize it on all altcoins. There are better altcoin that are safe and secure for investing, the choice of choosing which one to invest in is your personal decision and if you feel like all altcoins aren't safe for you to invest in is entirely your personal decision not to invest but don't make it sound like investing in altcoin is a terrible mistake. Is investing in bitcoin not risky as well? We can manage our risks of investing in any cryptocurrency of our choice if we invest with what we can afford to lose, that way we can bear the loss when we realise we have made the wrong choice.

[leonair]

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.

It is true that you have to wager to earn points but no one has wagered just to get these coins, those who gambled at risk did so and accordingly they got the coins for free. When you gamble on other platforms, you will definitely wager but you will not get any coins there. I don't think anyone has gambled here targeting only TGE and if anyone has done so, the amount is very small so it can be seen that the users who have received maximum rewards got them for free. And people's trust in tokens on gambling platforms is very low so those who have received them are planning to sell them quickly and cash them out. This is my guess, but I am not saying that anyone is completely wrong about your points

[danadc]

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.

But Reroll does things this way because they anticipated this would happen. It's not the first time it's happened, but it has to happen; that's how the markets are. Everyone wants to make even a few cents. With every token launch, you don't wait long to exchange them anymore. But once all this is over, they need to make very good plans. That's the interesting part, not what's happening right now, but what's coming next. That's where it will be good to have done some HODLing, right?

[uchegod-21]

Does Reroll have any plans to introduce sports betting at some point in the future? I may be speaking for myself but I think it would be a good addition to the current offer.
I know sports betting could be a pain in terms of tracking any potential abuse/arbitrage, but maybe that could be mitigated by integrating 3rd party markets rather than running it yourself. It would be nice to have a one-stop shop for all kinds of gambling.
Prediction markets could also be a good addition to the current offer. Or maybe sports betting could be implemented within prediction markets?

Are there some high level manipulations in sports bet? But there are many casinos offering sports bet, if they can handle the abuses, I believe Reroll can also do so. There's need to introduce sports betting to make the casino complete.

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.

Mate, is that how it works? I believe reducing the total supply will induce the sense of scarcity and increase the price, but it doesn't work in a way that they'll remove 00 or 0 from the price. It's not manually controlled, it works under the market influences.

[SuperBitMan]

You sound as if people have not made huge profit from altcoin, I know people who have made huge amount of money from altcoin investment.
No body is telling you to invest in altcoin the same way you are investing on bitcoin, if you can gamble you can definitely invest on altcoin, just use what you can afford to lose to invest.
Even bitcoin is not certain for future growth.

Investing on altcoin is not totally wrong if you are using what you can afford to lose to invest.
I have some altcoin I’m investing on along side bitcoin.

All we can do here is to disagree here, since we see things differently, but try to have it at the back of your mind that we still have some ignorant folks around us wether you agree with me or not, so i don't think it's a bad idea to point out why I would not invest in alt coin, talkless of casino tokens that are even more risky. You are right in the area where you said that it should be done with what we can afford to lose, but it is not everyone that know or understands this fact, that's why I don't think it is bad to point out the risk attached to it from the beginning for such persons to be aware.

I never said it is bad that you pointed out the risk involved in investing in altcoin or casino coin, it is actually okay to point out those risks but trying to convince people that investing in altcoin or casino coin is bad is what is wrong.

Everyone has their own belief and what level of risk they can take, if you feel that altcoin or casino coin is not worth investing that's fine but don’t see others that are investing in it as fools.

I believe anyone who has been in this forum for a few months must have known the risk involve in investing in any cryptocurrency.