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Cryptocurrency News Articles
Rollblock (RBLK) Revolutionizes Online Gaming with Blockchain Power
Oct 27, 2024 at 11:29 pm
As crypto sports betting heats up, the GambleFi altcoin, Rollblock, is drawing attention alongside established players like Avalanche (AVAX) and Ripple (XRP).
Crypto sports betting is heating up, and GambleFi altcoin Rollblock is drawing attention alongside established players like Avalanche (AVAX) and XRP (XRP). Positioned to disrupt the decentralized finance (DeFi) casino space, Rollblock aims to capture the growing demand for blockchain-based gaming and betting.
The platform has already raised over $4.7 million in its presale, building momentum ahead of its anticipated sports betting launch.
Avalanche sells for $26.40, down 3% over the last day. However, despite this dip, Avalanche's adoption rate jumped 23.5%, sparking speculative price predictions.
The recent partnership with Visa, which introduced a crypto-based payment card, allows Avalanche holders to make real-world purchases. This move not only enhances the utility of AVAX but also bridges traditional finance with digital assets, bolstering Avalanche's acceptance.
The Visa collaboration signals interest from big-name financial firms, boosting trust in Avalanche's ecosystem and attracting more institutional and individual investors.
Additionally, Avalanche just recently broke from a multi-month falling wedge pattern, suggesting an uptrend. If the platform's fundamentals and recent developments continue to get better, then analysts think Avalanche could top $130 in 3-6 weeks.
XRP investors are optimistic since the altcoin continued its bullish pattern — XRP is now at $0.5252 with a 24-hour volume of $862.5 million. Despite concerns over a potential Securities and Exchange Commission (SEC) appeal, news of a possible spot XRP exchange-traded funds (ETFs) approval has helped sustain the recent price reversal.
XRP's upward momentum may continue if the SEC's appeal is dismissed, as the regulatory body missed a key deadline for submitting appeal documents. However, attorney Fred Rispoli cautions that government agencies often receive leniency for missed deadlines, leaving the appeal's status uncertain.
A dismissal could significantly boost XRP, while a continued appeal might temper gains. Regardless, XRP is currently pushing to break the $0.60 resistance and could target its recent $0.66 monthly high. Expectations are high for XRP to cross $0.70 by month's end, potentially setting the stage for a run toward $1 and inching closer to a new all-time high by 2025.
Rollblock (RBLK) is rapidly becoming a focal point of excitement within the crypto pre-sale landscape, hailed for its game-changing approach in integrating Web3 technology into the massive $450 billion online gaming industry. By offering unprecedented transparency and security, Rollblock leverages the Ethereum blockchain to safeguard all bets and transactions, allowing players to verify that their bets are secure, immutable, and free from manipulation.
Rollblock's live casino is already operational and drawing in revenue, featuring an extensive selection of more than 7,000 immersive games, including classic casino favorites and innovative player-versus-player and live gaming modes. With sports betting on the horizon, set to launch in the coming year, the platform is positioning itself as a comprehensive, community-powered online casino and gaming hub. Through its unique revenue-sharing model, Rollblock provides users with a genuine stake in its success, offering a direct financial benefit from the platform's growth—a feature anticipated to be transformative within the casino industry.
While the much-anticipated sports betting component is in development, Rollblock has fostered an active community with events like the Sports Prediction League, hosted in Discord, where users can predict outcomes and win $RBLK tokens. This community event engages sporting fans and underscores Rollblock's dedication to building a loyal player base even as it continues to expand its offerings.
The $RBLK token itself is built for long-term growth, with a strategic design that incorporates a decreasing supply to incentivize holding and drive up demand. The casino actively buys back tokens, burning 60% and allocating 40% toward stakes, creating a scarcity effect that favors value retention and growth. In Stage 7 of the presale, $RBLK tokens are available at $0.0318, and as whales accumulate and hold, they are positioned for potentially substantial returns as Rollblock scales.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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