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Cryptocurrency News Articles

Pirate Nation Game Token Gains Traction: 71% Staked Back into Ecosystem

Jul 13, 2024 at 02:23 pm

The blockchain gaming company Proof of Play launched its ERC-20 Pirate Nation (PIRATE) utility token on June 13th. In just 24 hours Pirate Nation saw a 170% rally and was listed on several major exchanges such as Coinbase, Gate.io and Bybit.

Pirate Nation Game Token Gains Traction: 71% Staked Back into Ecosystem

Despite the bearish market trends, several altcoins have managed to gain traction over the last 30 days. Here's a closer look at three standout performers: Pirate Nation, Solana, and Rollblock.

Pirate Nation Game Token Surges 71% of Tokens Were Staked Back into the Ecosystem

Blockchain gaming company Proof of Play launched its ERC-20 utility token, Pirate Nation (PIRATE), on June 13th. The launch was met with enthusiasm, as PIRATE tokens quickly rallied by 170% within 24 hours and got listed on several major cryptocurrency exchanges, including Coinbase, Gate.io, and Bybit.

In a short span of time, over 29,000 wallets claimed PIRATE tokens, and 71% of the tokens were staked back into the Proof of Play ecosystem. At the time of writing, PIRATE had a market capitalization of $60.66 million and was trading at $0.2551. Experts believe that PIRATE could increase to $0.50 during the next bull run, making it a strong investment opportunity.

Solana Faces Resistance at $150 amid SEC Investigation Rumors

Solana's price has been fluctuating amidst growing rumors of an SEC investigation into the project. After finding support at $120, Solana recovered to $140 with the launch of “Blink Build Days,” which generated optimism within the Solana community. This initiative will give Solana developers more room to experiment, which could boost activity throughout the Solana ecosystem.

However, Solana encountered resistance at $150, indicating that the project might not have enough support for another bull rally. That said, Solana is expected to surge during the next market rally.

Rollblock Disrupts Online Gambling with Play-to-Earn and Transparency

Rollblock (RBLK) is a disruptive GambleFi Casino designed to bridge the gap between centralized and decentralized gaming. The project applies DeFi technology to the $450 billion gambling market, aiming to address growing issues with security and transparency.

The platform introduces over 150 AI powered games, ranging from classics like poker and blackjack to innovative digital games to keep things fresh and new. The casino is underpinned by blockchain technology, which makes all bets irrefutable. Once a bet is placed, it’s impossible to alter. This has made Rollblock a popular alternative to traditional casinos, with over 4000 players signing up in less than two months.

Another standout aspect of the Rollblock casino is its ease of access. Users don’t need to go through Know Your Customer (KYC) verification to play. Instead they can connect their cryptocurrency wallets or use an email. This allows players to get started while remaining anonymous.

$RBLK tokens are used for rewards on the platform and give holders a myriad of benefits. Aside from being able to stake tokens for one of the highest APYs in the market, token holders will also be granted a share in Rollbock’s casino revenue. The project will allocate up to 30% of its revenue for rewards, sharing a percentage of its revenue to incentivize ownership.

To share revenue, Rollblock will buy $RBLK tokens on the open market. Half of the tokens it buys will be burned, making $RBLK highly deflationary as tokens have a fixed supply of 1 billion. The remaining half will be allocated to staking rewards.

Rollblock is currently in stage three of its presale. Over 120 million $RBLK tokens have already been purchased, and $RBLK has increased in value by 54%. $RBLK tokens are selling for $0.0154 and according to experts could see a massive 800% rally during the projects presale.

With innovative features like crypto sports betting on the way, experts are bullish about the Rollblock ecosystem. As the project gains momentum $RBLK tokens are expected to soar, offering huge returns to early adopers!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://rollblockpresale.io/ Socials: https://linktr.ee/rollblockcasino

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Other articles published on Nov 23, 2024