Rollbit Coin, the utility token associated with the crypto gambling platform Rollbit, has experienced a 5% drop in value following a surprising sponsorship change by the prominent Crypto Twitter influencer known as Gainzy. Gainzy, a pseudonymous figure with a substantial following in the cryptocurrency community, recently decided to switch sponsors, opting to partner with Stake.com instead of Rollbit.
Gainzy’s move to Stake.com aligns him with rapper Drake, who actively supports the platform and showcases his gambling victories on his Instagram profile, boasting a massive following of 142 million users. While Gainzy’s wagers typically generate significant social engagement, his sponsorship transition to Stake.com has had a relatively subdued start, with a recent gambling livestream attracting around 140 views, notably fewer than his 200,000 Twitter followers.
Gainzy’s decision to part ways with Rollbit prompted a decline in the value of Rollbit Coin, which serves as the gambling platform’s utility token. CoinGecko reported a 5.3% decrease in Rollbit Coin’s value to $0.124 within the past day.
The crypto community has witnessed the influence of online personalities like Gainzy in attracting attention and traffic to gambling sites. While Gainzy’s exact earnings remain undisclosed, it is speculated that his monthly income from streaming slots exceeds six figures.
Despite the controversial nature of crypto trading, platforms like Rollbit and Stake.com continue to thrive, offering blockchain-based sports betting and casino games, particularly appealing to enthusiasts willing to take high-stakes risks.