DeFi
Ethereum Token Rollblock Dominates Market So Far in July; Cardano (ADA) and Toncoin (TON) Resist Altcoin Bloodbath
In a highly volatile June for cryptocurrencies, Cardano (ADA) and Toncoin (TON) are weathering the altcoin bloodbath, showing resilience despite market pressures. An innovative new project, Rollblock (RBLK), has emerged as a leading player in DeFi, dominating the current market trends that other altcoins are suffering from. After raising $1 million in just a few weeks, early Rollblock holders have already generated a 50% Return on investment !
Cardano (ADA) has faced significant challenges in recent months, with its price recording even lower levels throughout June. Despite this, the overall sentiment remains optimistic. Cardano holders, known for their “diamond hands,” have continued to hold onto their Cardano tokens. This behavior suggests that investors plan to hold onto Cardano for the long term.
The unwavering conviction of Cardano holders could play a crucial role in the cryptocurrency’s potential recovery. According to the Global In/Out of the Money metric, Cardano is currently facing losses of approximately 1.7 billion ADA. This $683 million supply has the potential to have a significant impact on the market unless Cardano’s price manages to successfully rally.
Toncoin (TON) also made headlines, particularly due to a remarkable 257% increase in large trading volume, indicating significant whale activity. The large trading volumes often associated with cryptocurrency whales suggest that these major players may be actively buying or selling Toncoin despite the overall bearish market sentiment.
According to data from IntoTheBlock, Toncoin’s large trading volume has surged by 257.65% in the past 24 hours to $7.58 million, or 962,270 TON in crypto terms. This increase in whale activity could be driven by several factors, including the strategic accumulation of Toncoin in anticipation of future price increases or developments within the Toncoin ecosystem. Analysts have their eyes set on a promising new project in DeFi.
Rollblock (RBLK) has emerged as a GambleFi pioneer with a platform that combines gaming with blockchain technology, aiming to disrupt the $450 billion-a-year gaming industry. The platform’s unique features, such as its fully licensed casino, provably fair blockchain gaming technology, and no KYC requirements for users, have attracted considerable attention from investors and analysts.
Rollblock’s native token, $RBLK, serves as a reward for player activity and provides holders with additional benefits, including a share of casino revenue. Up to 30% of Rollblock’s weekly profits are used to buy back $RBLK tokens on the open market, half of which are burned to create scarcity and increase the token’s value. The other half is returned to holders, incentivizing people to buy and hold. This profit-sharing model has contributed to Rollblock’s strong growth during the third stage of its presale period.
Experts predict that $RBLK could see more 800% The token’s value will increase before the pre-sale ends, making it one of the most promising altcoins to emerge ahead of this upcoming bull run. Rollblock currently offers casino favorites like blackjack, poker, roulette, and slots. Very soon, an expansion will also introduce sports betting to the casino, further boosting its mass appeal. With a fixed supply of 1 billion $RBLK tokens, the token’s scarcity is expected to lead to huge gains in a short time, positioning Rollblock as a top DeFi token in 2024.
In addition to its robust revenue sharing and tokenomics model, Rollblock’s platform offers a user-friendly and secure gaming experience. The blockchain technology that powers Rollblock ensures that every transaction is traceable and cannot be altered, addressing the key fairness and trust issues that most online casinos face.
Rollblock also makes it very easy to get started. Users don’t need to go through any KYC checks or background checks to get started. Instead, they can simply use an email address or connect a decentralized crypto wallet, making the platform very accessible to a global audience. Since it’s so easy to get started, experts predict that the project will explode very soon.
The gaming industry is expected to reach over $750 billion by 2028, making Rollblock one of the best altcoins to invest in for its dominance over GambleFi. Early investors who bought at $0.010 have already seen excellent returns, and some are predicting potential 100x by the end of 2024.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
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