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Cryptocurrency News Articles
Rollblock’s (RBLK) Surge While in Presale Captures Attention as HBAR and SUI Struggle
Feb 02, 2025 at 11:25 pm
While altcoins like Hedera (HBAR) and Sui (SUI) struggle to gain traction, Rollblock (RBLK) is shattering expectations with its momentum in the GambleFi sector.
This article provides an overview of the GambleFi sector, highlighting the performance of Hedera (HBAR), Sui (SUI), and Rollblock (RBLK). It also includes information on the upcoming listing of Hedera futures by Coinbase Derivatives.
The article does not provide investment advice and is intended for educational purposes only. It is important to conduct thorough research and consult with a financial professional before making any investment decisions.
Here's a summary of the main points:
Rollblock Surges in Presale While HBAR, SUI Struggle
While Hedera (HBAR) and Sui (SUI) experience difficulties, Rollblock (RBLK) is making waves in the GambleFi sector during its presale.
The platform is renowned for its commitment to fair, transparent, and crypto-native gaming, which has attracted over 45,000 active users.
RBLK is a rising star in the Web3 space, offering a unique gaming experience.
Rollblock Transforms Online Gaming with GambleFi
Rollblock is revolutionizing online gaming by integrating disruptive Web3 technology and DeFi-level security.
Built on the Ethereum blockchain, Rollblock eliminates fraud and provides players with a fair and transparent gaming experience.
The platform boasts over 45,000 active users and hosts over 7,000 crypto-native games, all fully backed on Ethereum's blockchain.
Players can enjoy a wide range of options, including slots, poker, and betting on international sporting events through Rollblock's sports betting feature.
In December, Rollblock hit $1.75 million in wagers and saw a 600% increase in new signups.
Analysts anticipate even more impressive numbers, especially with Rollblock's latest integration of Google and Ripple Pay, making it convenient for new players to deposit fiat currency during signup.
The GambleFi ecosystem is powered by the native RBLK token, which can be staked in exchange for weekly staking rewards with up to 30% APYs, attracting long-term investors.
Furthermore, Rollblock features a revenue-sharing model that allocates up to 30% of weekly revenue to rewards through an open market buyback of RBLK.
Of the repurchased tokens, 40% are distributed to holders, and the remaining 60% are removed from the supply to increase scarcity.
This deflationary tokenomics has fueled unstoppable growth for Rollblock, positioning it as an altcoin to watch in 2025.
Currently, RBLK tokens are priced at $0.052, and analysts predict returns of up to 880% before the presale concludes.
Hedera Shows Minimal Price Action Despite Coinbase Filing
Coinbase Derivatives has submitted an application to the CFTC to offer Hedera futures.
The contract size for the Hedera futures will be 5,000 HBAR, and Coinbase aims to launch the product by mid-February.
Despite this major announcement, Hedera is currently trading at $0.2725 after experiencing an 18.81% decline over the past week.
Technical indicators for Hedera suggest that the token could move in either direction, with graphs indicating a negative MACD Level and neutral RSI.
Although Hedera has a fixed supply of only 50 billion tokens, the scarcity factor has yet to trigger any significant price surges.
If Hedera continues to underperform, HBAR's price may drop to the $0.2700 pivot level.
Sui May Experience Sell-Offs
From the all-time high price level set on January 5, SUI has declined by 32%.
Although Sui has recovered the $3.5 level, the token's negative funding rate indicates dominant short positions.
If these shortholders book profits, Sui's price could crash to the $3.20 support.
The bearish sentiment is linked to Sui's technical outlook, as SUI remains restricted in a descending channel pattern with lower highs and lower lows.
The SUI/USDT daily chart also shows bearish dominance according to the Bull Bear Power indicator, and the bears may prevent Sui's price from bouncing off the support line.
Conclusion
With Hedera failing to rally despite a potential listing and Sui showing signs of another sell-off, investors are shifting their focus to high-growth alternatives like Rollblock.
For more information on Rollblock, visit their website or socials.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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