The altcoin market has declined following Bitcoin’s price drop below $55,000. As a result, established altcoins like VeChain (VET) and Polygon (MATIC) continue to face price fluctuations and maintain high volatility. This has increased investors’ concerns about the future of their investments in the crypto space.
However, Rollblock (RBLK), a new altcoin in the iGaming industry, is outperforming bearish trends with its innovative technology and growth mechanisms. With Rollblock (RBLK) set to change the iGaming landscape, experts predict that investors could experience a 50x surge in the next few weeks after early investors managed to generate a 54% ROI!
VeChain (VET) Price Drops by 21.7% In The Past Month As Market Remains Volatile
VeChain’s recent price decline following the SEC investigations and Bitcoin sell-offs have led to a bearish market sentiment. However, VeChain (VET) seems to be picking back up again as it now trades at $0.0248, an 11% increase from its previous day’s price point.
This rise and fall in Vechain’s price has left VeChain investors confused about the projects next line of action. Analysts note that Vechain’s recent decline is usually followed by rising selling pressures, making this a bad time for investors to buy VeChain (VET) tokens.
Polygon (MATIC) Faces Congestion Issues Following Influx of New Investors
Polygon (MATIC) supports various decentralized applications (DApps) on the Ethereum Blockchain. This has made Polygon a popular choice for developers looking for faster transactions. However, Polygon’s price chart shows a 22.9% price fall from $0.64 to $0.49 in the last month.
Polygon investors have reported networking issues, slow transaction speeds, and higher costs that have made it difficult for them to enjoy using Polygon. As a result, Polygon is 83% down from its all-time high and is currently trading below the 200-day simple moving average. Investors looking for tokens with faster transaction speeds are now considering Rollblock (RBLK) as Polygon’s price continues to fluctuate.
Rollblock’s (RBLK) Revenue-Sharing Model Drives Investor Growth
Rollblock (RBLK) is a new GambleFi protocol developed on the Ethereum blockchain designed to solve unique challenges in the online gaming sector. Despite the bearish trends in the cryptocurrency market, this community-driven, play-to-earn token has managed to outshine major altcoins. Due to its innovation and high growth potential, Rollblock has attracted thousands of investors holding other tokens such as VeChain (VET) and Polygon (MATIC).
The platform seeks to merge the best aspects of centralized and decentralized gaming, offering a blockchain-based casino with over 150 popular games. Rollblock leverages blockchain technology to ensure the transparency and security of all bets within its casino. This extra level of security and transparency has increased investors’ interest in the $450 billion global gambling market.
Another standout feature of Rollblock is its seamless sign-up process. Unlike traditional online casinos that mandate KYC verification, Rollblock allows users to join via email or by connecting their crypto wallets. This user-friendly approach has led to a notable increase in players and investors purchasing the native $RBLK token.
Central to the Rollblock ecosystem, the $RBLK token facilitates all transactions on the platform. Players earn $RBLK tokens through their gaming activities and have the option to stake these tokens for additional returns.
To boost the token’s value as the platform grows, Rollblock has introduced a revenue-sharing system. Each week, up to 30% of the casino’s revenue is used to buy back and burn $RBLK tokens from the market to reduce their supply and enhance their value. The remaining tokens are distributed as rewards to token holders.
Currently, in the third stage of its presale, the $RBLK token is priced at $0.0154. This attractive entry point is anticipated to rise soon, presenting a unique opportunity for investors to accumulate Rollblock ($RBLK) tokens and diversify their holdings in an unpredictable market. Early adopters of Rollblock will benefit significantly from its expected growth during a bullish phase.
Rollblock’s tokenomics reveal a capped supply of 1 billion $RBLK tokens, with 60% allocated to the presale. Based on the current momentum and limited token supply, analysts forecast that Rollblock’s value could surge by over 800% before the presale concludes.
With Rollblock casino’s fast expansion, the $RBLK token could also potentially achieve a 100x increase in Q3, positioning it as one of the top DeFi tokens for investors in 2024.
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