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Cryptocurrency News Articles
Rollblock (RBLK) Hits $0.06 As Presale Closes Down on $11 Million
Feb 26, 2025 at 06:05 pm
Rollblock closed February on a high note, attracting over 10,000 new investors and securing $2 million in additional presale funding
The crypto market has been highly volatile over the past two weeks, with major tokens like Cardano and Shiba Inu dropping between 7% and 10% in the last week.
However, amid this uncertainty, experts are highlighting a prime buying opportunity—Rollblock.
Currently priced at $0.06, RBLK is projecting to reach $1 by the end of 2025. The protocol, which is tapping into the $450 billion gaming market, is using a portion of its revenue to reduce token supply and drive price growth.
With a limited-time 50% bonus, investors can maximize their holdings and secure a strategic position in RBLK before its next surge.
Rollblock Hits $0.06 As Presale Closes Down on $11 Million
February closed on a high note for Rollblock, which has attracted over 10,000 new investors and secured an additional $2 million in presale funding. This interest is pushing the protocol closer to its funding goal as signs of fatigue in the crypto market continue.
The platform also saw a surge in player adoption, with more deposits, signups, and in-game activity boosting overall engagement.
This success is driven by Rollblock’s focus on speed and security. The platform ensures a fully on-chain and fraud-proof gaming experience with smart contracts deployed on the Ethereum blockchain.
Players can access 7,000+ AI-powered games, including live dealer poker, blackjack, and sports betting on major events like the NFL and Champions League. Every game outcome is encrypted and stored on-chain, eliminating the risk of manipulation.
Beyond security, Rollblock also solves the slow transaction issues common in traditional gaming. Players can instantly deposit and withdraw funds using 20+ cryptocurrencies, streamlining the process and enhancing user experience.
At the heart of the ecosystem is RBLK, Rollblock’s native token, used for governance, VIP rewards, and staking. Having already secured a 500% surge, RBLK’s deflationary revenue-sharing model continues to drive long-term value.
Up to 30% of Rollblock’s revenue is used to buy back RBLK, with 60% burned and 40% distributed as staking rewards. This strategy reduces supply and supports price growth.
Cardano Founder Highlights ADA’s Role in Bitcoin DeFi
Cardano fell 1% in the last 24 hours, trading at $0.68. Despite the dip, Cardano rejected the $0.65 mark, a key support level known for inducing price reversals. This rejection could indicate bullish pressure at this price point.
Moreover, a double-bottom pattern might be forming, signaling a potential rebound after testing the $0.64 level twice and bouncing back both times. This pattern suggests a shift in momentum from bearish to bullish.
Despite short-term price fluctuations and an overall bearish trend since January 24, Cardano’s fundamentals remain strong and could drive its value in the long term.
The SEC’s acknowledgment of NYSE Arca’s proposal for a Grayscale Cardano Trust is a positive development that could pave the way for a spot Cardano ETF. This would open up opportunities for institutional investment in Cardano.
Furthermore, Cardano’s role in Bitcoin DeFi is gaining attention. Founder Charles Hoskinson highlighted how Cardano’s infrastructure could be utilized to enable seamless Bitcoin transactions using Babel fees.
If successful, this innovation could expand Cardano’s real-world utility and attract broader interest in the ecosystem.
Shiba Inu Whales Sell-Offs Could Intensify As Key Support Breaks
Shiba Inu is currently trading at $0.000014 after experiencing a 7% decline over the last 7 days. This downturn is being driven by selling pressure from whale investors, leading to further losses for the meme coin.
According to data from Santiment, large wallets offloaded massive quantities of Shiba Inu tokens over the past 10 days.
Those holding 1 million to 100 million Shiba Inu tokens dumped nearly 500 billion tokens in total as thousands of investors looked to reduce their holdings and cut losses. This widespread sell-off has deepened Shiba Inu’s downtrend.
Technical analysis shows that Shiba Inu has been exhibiting bearish tendencies since January 24, breaking below a key support level at $0.000015.
After bouncing back from this price point twice, it finally dropped through it, signaling weakness and a continuation of the existing trend.
Over the past month, Shiba Inu has crashed by 27%, and it is down 45% over 90 days. With no strong support nearby, Shiba Inu could test its August 5 low of $0.000010 if selling pressure persists.
Will Rollblock Deliver Another 500% Surge?
According
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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