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Cryptocurrency News Articles
Rollblock (RBLK) Continues To Offer Users Real-life Use Cases & Utility
Nov 22, 2024 at 04:00 pm
Nobody wants to think of bear markets when bulls take control, but planning for the future is the primary key to investing successfully.
As the crypto market experiences a bull run, several tokens are attracting investor attention. Among them are Cardano (ADA), XRP (XRP), and a newcomer in the Web3 gambling scene, Rollblock (RBLK). While ADA and XRP have been in the market for some time, RBLK is offering a unique blend of utility and potential that sets it apart.
Cardano (ADA) price today is up 2% and ADA’s 24-hour trading volume is up 85.7%, indicating growing investor interest in the second-largest cryptocurrency by market cap.
Market sentiment for ADA is largely bullish with an increasing footprint in whale wallets. Large investors holding over $10 million in ADA boosted their holdings by 134.09%. Meanwhile, smaller investors holding between $100,000 and $9 million also increased their holdings, indicating greater confidence in Cardano's potential.
According to IntoTheBlock data, ADA whales holding over $10 million experienced a net flow of 5,230 ADA on November 16. Notably, smaller investors also increased their ADA holdings, with investors holding between $100,000 and $9 million in ADA increasing their holdings by 0.03%.
According to Santiment analytics, Cardano's social trending rank climbed to second place on November 16, highlighting growing interest among crypto investors. Interestingly, this comes as XRP price remained largely stagnant over the past week.
However, ADA price could use a boost from positive news as IntoTheBlock data reveals that positive sentiment for ADA is lagging behind negative sentiment. This could be a crucial factor in determining the short-term price movement of ADA.
Cardano's social trending rank on November 16 reached second place, indicating growing interest among crypto investors. This comes as XRP price remained largely stagnant over the past week.
XRP (XRP) price today is trading flat with a slight decrease of 0.04% over the past 24 hours and a 7-day price increase of 6.03%. XRP trades at an average price of $0.41 with a 24-hour trading volume of about $1.8 billion.
Created by Ripple Labs, XRP is designed to allow quick and low-cost overseas payments, making it a preferred choice for financial institutions accepting cross-border payments. XRP employs a consensus process to accelerate transaction processing, rendering it suitable for large-scale payment systems.
According to IntoTheBlock data, XRP experienced big withdrawals from exchanges at around $1.13, indicating higher investor interest. XRP price is also encountering resistance at this level with large investors withdrawing XRP from exchanges to sell at a higher price.
This aligns with the technical analysis, suggesting that XRP could experience a strong rally if it breaks through the $1.13 resistance level. However, if this fails, XRP may face another round of selloffs, potentially leading to a bear market.
With a strong community and a focus on improving global payment systems, XRP continues to be an attractive option for investors seeking affordable cryptocurrencies with practical growth potential.
Rollblock (RBLK) Continues To Offer Users Real-life Use Cases & Utility
It’s hard to think of bear markets when bulls take control, but planning for the future is the primary key to investing successfully. Everyone wants to 100x their investment and be set for life, but very few crypto projects actually have the potential to do that. Most tokens serve no purpose and rely solely on hype and FOMO to drive up prices.
When the bear market hits, these tokens quickly lose value and often become worthless. But a few projects, like Rollblock, are using this bull market to create something truly valuable and long-lasting.
Rollblock is tapping into the $500 billion online gambling industry. Gambling has been around for millennia and isn’t about to disappear. Rollblock is modernizing this timeless pastime by bringing it to the blockchain era.
The Rollblock crypto casino hosts thousands of games, including classic options, bespoke Web3 games, and even sports betting. Unlike other projects, Rollblock’s platform is already live and fully operational. It is positioning itself as the top destination for online gambling.
To boost liquidity in its crypto casino, Rollblock is offering RBLK tokens for sale. Token holders will receive a weekly share of the casino’s income as a reward. Once the presale concludes, experts predict these tokens will experience significant price growth. After stabilizing, the tokens will provide a steady income for years.
While the Cardano and XRP tokens are causing FOMO among investors, seasoned traders understand the risks of altcoins without real-world use cases. These tokens often collapse without a solid foundation. Rollblock, however, offers real utility and ongoing payouts, ensuring its longevity.
Rollblock tokens are currently priced at $0.036 and can be purchased directly through
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- gambling sites comes with numerous benefits. You enjoy low transaction fees, provably fair games, speedy deposits and withdrawals, and a growing community of Solana casino fans.output: title: The 10 Best Solana Gambling Sites: Where to Play with SOL in 20
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