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Cryptocurrency News Articles
Rollblock (RBLK) Presale Outperforms XLM and TON Amid Market Downturn, Endears Investors with Presale Gains
Dec 18, 2024 at 06:49 pm
With the recent general corrections in the market in the last week, investors are beginning to get bothered about the prospects of their investments, especially in Stellar (XLM) and Ton (TON).
Investors are getting worried about their Stellar (XLM) and Ton (TON) investments as the broader market has seen a downturn in the last week.
While XLM and TON’s market caps declined last week, Rollblock’s stellar presale performance has given investors a new opportunity for an alternative investment. Here's why Rollblock is a better investment in this market cycle than XLM and TON.
Rollblock attracts XLM and TON investors with presale gains
Rollblock is a GameFi token that combines blockchain technology with an online gaming platform to provide users with a secure, transparent, and enjoyable experience. Rollblock has grown its user base to a community of over 25,000 active players with its collection of 7,000 games.
By accepting over 20 different cryptocurrencies, Rollblock is making it easier for gamers to enter the scene. Their cutting-edge encryption protects all monetary transactions and gaming activities.
The $RBLK coin serves as the medium of exchange for all platform features, transactions, and interactions on Rollblock. Rollblock is available at a price of $0.041, having raised over $7.1 million in its presale.
Furthermore, Rollblock has a revenue-sharing mechanism where 30% of their weekly net profits are distributed to holders, which is used to buy back $RBLK coins. They are burned in a deflationary manner, with 60% being used for this and the remaining 40% being distributed as incentives to holders of the $RBLK token.
Stellar (XLM) experiences bearish momentum following massive gains
XLM has seen a surge from $0.12 to $0.63 in the past month, notching up an impressive 350% in profit margin. Since December, XLM’s growth has slowed to 255%, and it now trades at $0.43, showing a decline of over 10% in the last week.
According to experts, XLM may be recovering, with minor gains being recorded in the last 24 hours. Despite a decline in trading activity to $1 billion in the last 24 hours, XLM’s market cap has increased to $13.2 billion.
Several bullish factors could help XLM’s price rise despite the current downturn. The first is that the crypto sector is beginning to see a greater optimism that the Trump administration will be more crypto-friendly.
Secondly, if XLM’s spot ETF launches in 2025, we can expect a large influx of institutional capital. Additionally, the XLM blockchain is gaining popularity among developers, with its decentralized finance network boasting a total value of $46 million.
Investors are left wondering whether Ton (TON) has resumed its run or if it’s just fluctuating
Toncoin (TON) is showing signs of recovery, contrasting with XLM. Just as TON didn’t explode in November, its bear run has been minor, with the token showing gains this week. Half of TON’s 5.11 billion total tokens are in the circulating supply.
During the November bull run, TON ascended from $5 to hit highs of $7.20 and has since corrected to $6.37. In the last 7 days, TON has declined by only 7%. It shares a similarity in its trading activity with XLM. Despite an increase in market cap to $16.24 billion, TON’s trading volume has dropped by over 35% in the last day to $316 million, sparking concerns that it may not be able to reach its $7.20 peak again this year.
XLM and TON holders are pivoting to Rollblock’s presale due to uncertainty about their potential for gains, and you should join them. What’s the holdup?
Discover the amazing opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
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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