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Cryptocurrency News Articles
GambleFi Platform Rollblock [RBLK] Surges 200%, Pre-Sale Attracts Over 16,000 Investors
Oct 04, 2024 at 02:30 am
GambleFi is gaining traction in the crypto space, with Rollblock [RBLK] leading the charge. Recently surging 200%, RBLK has captured investors’ attention amidst bearish trends in major cryptocurrencies like Litecoin [LTC] and Chainlink [LINK].
Crypto GambleFi token Rollblock [RBLK] has seen a 200% surge recently, attracting investors despite bearish trends in major cryptocurrencies like Litecoin [LTC] and Chainlink [LINK].
As GambleFi integrates gaming and finance, RBLK offers an opportunity for high returns in the $450 billion gambling industry.
Investors can participate in the ongoing presale stages of RBLK to acquire the token before its broader market debut.
With over 16,000 investors already joining the presale,はこちらから, RBLK has raised $4 million in its early presale rounds.
Rollblock, a recent entrant in the gambling industry, boasts a unique burning mechanism.
Its capped supply of 1 billion coins will decrease over time through regular token burns, supported by a revenue-sharing model that facilitates continuous buybacks.
According to data from Dune Analytics, until July this year, RollBit [RLB] led the GambleFi platform with $1M in DEX volume, while BCB followed with a 75% lag.
Despite this uptick, the total trading volume in the gambling sector experienced a year-to-date decline. However, RBLK might be the boost to revitalize the entire market.
Moreover, stage 7 of the presale is rapidly selling out at just $0.03, presenting an optimal entry point.
If the trend continues, RBLK could hit $1 sooner than anticipated.
One of RBLK’s key advantages over its competitors is its focus on supply contraction.
The platform utilizes an innovative revenue-sharing model that allocates up to 30% of earnings to buying back tokens from the market.
Half of these tokens are permanently burned, and the other half rewards RBLK stakers, discouraging short-term sell-offs.
The impressive presale success, attracting investors to Rollblock ahead of its sports betting rollout, is supported by a robust Tokenomics roadmap.
Additionally, Rollblock offers over 7,000 casino games accessible from anywhere in the world, supporting 20 different cryptocurrencies.
This contrasts sharply with traditional online gambling sites, which typically have limited game selections and high fees.
Overall, RBLK has a clear advantage over direct competitors, thriving on incentives and a carefully branded model.
While the current hype has positioned the token as a potential game-changer in the gambling industry, it may still be too early to predict its future performance.
However, given the presale’s success, a path to $1 could be within reach.
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