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Cryptocurrency News Articles
Rollblock (RBLK) Presale Attracts 35,000 Players, Here's Why It Could Soon Become the Next 100x Play
Dec 23, 2024 at 04:00 pm
Ethereum (ETH) and Ripple (XRP) need no introduction, as they have shaped the crypto landscape throughout the years. Although both of them are poised for
Ethereum (ETH) and Ripple (XRP) need no introduction, having shaped the crypto landscape over the years. Both are poised for gains, but with hundreds of billions in market cap, the point of diminishing returns may have passed.
Instead, savvy investors are accumulating undervalued altcoins with powerful fundamentals. Newcomer Rollblock fits the bill with its Web3 casino and low-cap status. Here's what makes this gem special and why analysts believe it could become the next 100x play.
Over 35,000 Players Have Chosen Rollblock
Rollblock is a community-backed casino tackling the inefficiencies driving users away from legacy platforms. The lack of transparency and security has eroded user trust for years. Rollblock ensures near-instantaneous transactions and tamper-proof bets, inscribing all information immutably on the Ethereum blockchain.
Over 7,000 games await newcomers, ranging from casino classics like blackjack and poker to brand-new AI-driven experiences. A sports betting platform has also been introduced, further expanding Rollblock's incredible offering.
Gaming aside, Rollblock boasts an innovative revenue-sharing model powered by the native RBLK token. As part of this model, up to 30% of casino revenue is reinvested to buy back RBLK tokens. 40% of these tokens are then redistributed as recurring staking rewards, while the remaining 60% is burned. This encourages long-term holding and primes the token for sustainable price growth.
Presale Stage 9 is now live, and tokens sell for just $0.43. Demand is rising exponentially, with over $7 million raised in record time.
Ethereum Rests On Support As Turbulence Intensifies
Amid the market-wide correction, Ethereum (ETH) lost momentum right at the $4,000 mark. Its price entered a downward spiral, bottoming out at around $3,200. However, a small relief rally allowed it to regain some ground.
At the time of writing, Ethereum sells for $3,325, following a 4% intraday decline, and a 54% drop in 24-hour trading volume, with a little over $31 billion worth of ETH traded across exchanges.
Whales are taking advantage of this Ethereum dip as large transactions have skyrocketed. According to Lookonchain data, 4 wallets withdrew 8,440 ETH, which is valued at approximately $28.4 million. Movements of this magnitude tend to reflect a strong conviction in Ethereum’s price performance, signaling that holders expect a steep price increase in the upcoming months.
Ripple Is Still Rangebound Despite Bullish News
After skyrocketing by 400% and reaching a peak of $2.84 in November, Ripple (XRP) began to cool off. As holders booked profits, the momentum started to wane. Amid the surge in volatility earlier this week, Ripple breached several support levels, finally settling around $2.21.
Meanwhile, after months of testing and the final greenlight from regulatory bodies, Ripple’s native stablecoin, RLUSD, was launched in the market. RLUSD is designed to enable institutions to settle cross-border payments, access liquidity for remittance, and seamlessly integrate DeFi protocols.
Why Veterans Are Betting On Rollblock
While both Ripple and Ethereum will yield predictable returns, Rollblock could vastly outpace them in terms of gains. Not only does Rollblock have significantly greater room for growth, but it’s also set to play a protagonist role in crypto gaming, a narrative that has been missing from the broader market, but that’s gearing up for a massive comeback in 2025.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This article was paid for. Cryptonomist did not write the article or test the platform.
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