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Cryptocurrency News Articles
Rollblock (RBLK) Taking On Las Vegas With Blockchain Tech
Dec 19, 2024 at 04:00 pm
Rollblock (RBLK) has dazzled the GambleFi market with the strength of its offer this year, rolling out over 7,000 AI-powered casino games.
It could finally be Ethereum’s time to shine after months of falling dominance in the crypto sector. As Bitcoin continues to push above $100K, many fortunes will be made by investing early into the highly disruptive Rollblock (RBLK) presale, which is forecast to pump up to 50x and reach mass adoption in 2025.
While many eyes will be on the price of Bitcoin and Ethereum, which will likely hit new all-time highs in the coming months, there is a smaller-cap crypto project that is quietly preparing for an incredible 2023.
The project in question is Rollblock (RBLK), a Web3 gaming and gambling platform that is rolling out over 7,000 AI-powered casino games on its platform. Having recently launched its venture into sports betting, Rollblock brings the very best of decentralized finance to the $450 billion online gambling market.
As Rollblock is fully crypto-native, all of its payouts are made using the native RBLK token, which offers holders a huge array of benefits, including generous staking rewards and many exclusive VIP bonuses.
RBLK has a hard cap of a billion tokens, meaning its supply is finite and will, in fact, become scarcer over time. This is due to weekly buybacks that will take a portion of the platform’s profits to purchase RBLK on the open market, then burn 60% of these and allocate the remaining coins to loyal stakers in the community. In this way, the supply will trend lower as demand for RBLK goes parabolic next year.
Experts are predicting an almighty supply squeeze that could send the $RBLK token flying 50x up the crypto rankings into the top 10 from its current discount price of $0.0415.
Ethereum’s dominance has been steadily rising lately, as it looks ready to finally overcome resistance at the $4K level. Ethereum is currently up 2% on the weekly candle and 25% this month, with its price currently trading at $3.87K.
This short-term dip will likely be seen as a buying opportunity for Ethereum holders, who remain bullish on Ethereum’s prospects to reach $5K in the coming months. Ethereum wallets have been showing impressive whale accumulation recently, as 104 wallets were detected holding 100,000 Ethereum tokens—a significant 57% of the total Ethereum supply.
Bitcoin recently pushed to a new peak of $108K this week, representing a 16% rise on the monthly time frame. Year-to-date, Bitcoin has gained more than 147% and boosted the Bitcoin market cap above $2 trillion.
Much of this bullish price action for Bitcoin can be attributed to the surge in inflows into Bitcoin ETF firms, which recently recorded over $600 million in net inflows in just one day. The positive flows into various Bitcoin funds have now meant that Bitcoin ETFs have surpassed gold in assets under management.
As Bitcoin continues its rise to $110K and Ethereum looks programmed to hit $5K in the coming quarter, Rollblock (RBLK) will likely outperform thanks to its incredible potential and smaller market cap. This rising star will create many millionaires during the coming parabolic bull run.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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