Ethereum ETF approval led to big hopes for tokens like Polygon (MATIC) and Polkadot (DOT) that would help scale the Ethereum blockchain. However, with the Ethereum ETF flop, these investors are now pouring into the top altcoin in GambleFi, Rollblock (RBLK), which is currently soaring amid projections of 100x growth.
Layer 2 Blockchain Polygon Bets Big on Ethereum and Loses
Polygon’s price was expected to soar after the Ethereum ETF approval, but it has since fallen lower than 25%. This drop dragged the total loss for the Polygon price this year to slightly over 40%.
Polygon was pegged as the best Layer 2 blockchain scaling solution for the Ethereum blockchain, and it was slated to soar alongside Ethereum’s enormous expected growth. Now that Ethereum is falling behind Solana for weekly revenues generated, tokens like Polygon that pinned all their hopes on Ethereum are cratering.
Polkadot Investors Finally Throw in the Towel on Layer 0
The Polkadot price dropping 25% this week helped drag the token into the red for the year at a 15% loss. Polkadot’s price has remained range-bound below $10 for years now as the demand for its unique Layer 0 services never materialized.
Investors hoped that Polkadot’s time had finally come, as an exploding number of tokens on the Ethereum blockchain would dramatically increase demand for inter-chain functionality. Unfortunately, the dreams of Polkadot investors were dashed once again, and now they are cashing in their bags instead of waiting another year or more.
Rollblock on Course for $100 Million Market Cap
Polkadot and Polygon investors are turning to Rollblock due to the incredible potential of GambleFi. The $450 billion global gambling industry is a new frontier for crypto that is in desperate need of innovation from blockchain technology.
Rollblock is the top altcoin with the perfect formula for disrupting this industry and grabbing market share from stale online casinos.
The 1st half of Rollblock’s formula is its revenue-sharing model. Rollblock uses up to 30% of each day’s revenues to perform buybacks on the open market. 50% of these tokens are burned to increase the price of RBLK and limit the supply, while the rest are awarded to players to stake on the platform with the best APYs available anywhere.
The 2nd half of Rollblock’s formula is its commitment to bringing the excitement and sense of community of crypto to the boring online casino model. Players can enjoy 150+ of the best games in the industry in an atmosphere that feels like a real, live casino. Rollblock is always hosting events and giveaways, and players can share all their highs and lows on Rollblock’s social media with 10s of 1,000s of other players just like them.
This winning formula for GambleFi domination has analysts expecting Rollblock to crack the $100 million market cap by the end of the year.
This means more than 100x growth above the current stage 5 presale price of $0.02. Rollblock’s earliest investors have already made 100% gains, so many investors are cashing in their bags from losing bets and switching over to Rollblock to win big.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
