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Cryptocurrency News Articles

Rollblock (RBLK) Presale Outpaces Binance Coin (BNB) as Analysts Forecast a 50x Return by 2025

Jan 21, 2025 at 07:23 pm

Analysts are forecasting bullish momentum for Binance Coin with some suggesting that the altcoin could surpass the $800 mark by February 2025.

Rollblock (RBLK) Presale Outpaces Binance Coin (BNB) as Analysts Forecast a 50x Return by 2025

As analysts forecast bullish momentum for Binance Coin (suggesting it could cross the $800 mark by February 2025), investors are shifting their focus to a new project called Rollblock. While Binance Coin is expected to perform well in the coming months, analysts believe that Rollblock (currently in its final presale stage) could deliver a 100x return by the end of 2025, potentially outpacing Binance Coin in the process.

According to U.S. Data, iGaming fraud has increased by 60% over the last 2 years. Experts warn that this problem will continue to escalate if no action is taken. Rollblock is stepping up to the plate and tackling this issue head-on with its blockchain technology.

The protocol offers more than 7,000 games, live dealers, and sports betting, all on-chain. This means that every outcome is encrypted and registered on the Ethereum blockchain, completely eliminating the possibility of fraud.

This approach has attracted thousands of players in recent months. In December alone, Rollblock saw a 600% increase in signups and deposits, together with an impressive $1.75 million in total wagers placed.

Moreover, Rollblock’s presale has already raised over $8.9 million from over 40,000 early participants. Many investors have praised Rollblock's potential to disrupt the casino industry, as well as its revenue-sharing model.

The protocol plans on using up to 30% of its revenues to buy back RBLK from the open market. Of those tokens, 60% will be burnt, while the remaining 40% will be used to offer some of the highest staking APYs in the market. Experts say this model, together with Rollblock’s success, helped RBLK deliver a 330% return in its presale. Priced at $0.046, Rollblock is expected to reach $1 once it hits the open market.

Binance Coin, the native token of the world's largest cryptocurrency exchange, has seen steady upward momentum recently, with its price rising to $700, reflecting a 0.7% increase over the last 24 hours. This growth follows a bullish breakout from the $680-$685 support zone on Friday, which saw Binance Coin begin to rally once more.

The token is now attempting to push higher again after forming a base around the critical support at $690. A failure to hold above this level might trigger a retracement to $675 or lower for Binance Coin. However, the price is also facing resistance at $710, with a push beyond this level opening up the possibility of a test of higher Fibonacci retracement levels.

According to the current Elliott Wave count, a medium-term target of $922 is in sight. However, the RSI hovers at a neutral 50, which could indicate potential resistance to sustained upward momentum.

This concludes our analysis of the performance of Binance Coin and the upcoming Rollblock presale. Before making any investment decisions, be sure to conduct your own research and stay up-to-date on the latest market trends. Happy trading!

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