Bitcoin Cash (BCH) and NEAR Protocol (NEAR) have seen bearish price trends throughout Q2 and many of their holders are now turning their attention to Rollblock (RBLK).
Bitcoin Cash (BCH) and NEAR Protocol (NEAR) have both experienced bearish price trends in Q2, leading their respective holders to explore alternative investment opportunities. One promising option that has recently gained attention is Rollblock (RBLK).
Bitcoin Cash (BCH) Overview: Bullish Analyst Predictions Despite Challenges
Bitcoin Cash (BCH) was created in 2017 to address scalability issues faced by Bitcoin. With a larger block size of 32MB compared to Bitcoin’s 1MB, Bitcoin Cash can handle more transactions per second. This increased capacity positions Bitcoin Cash as a potential global payments gateway, especially for users prioritizing lower fees and faster transaction times.
Despite its potential, Bitcoin Cash has encountered some challenges. The recent halving event halved the block reward from 6.25 Bitcoin Cash to 3.125 Bitcoin Cash, affecting incentives for miners. Additionally, the price of Bitcoin Cash has fluctuated significantly, dropping from $600 in March to around $376.13 recently.
However, analysts remain optimistic, predicting that Bitcoin Cash could surpass the $600 mark by Q4 2024, though this is still a significant distance from its all-time high of $4,355.62.
NEAR Protocol: Facing Challenges Amid Declining Activity
NEAR Protocol, which focuses on scalability and user-friendly blockchain applications, has also faced challenges recently. Over the past month, NEAR Protocol has experienced a substantial drop in network activity. The daily transaction volume has decreased, which has in turn reduced the overall revenue of the project. NEAR Protocol’s native token has also suffered a double-digit decline in value during this period.
The number of unique addresses interacting with the NEAR Protocol has also plummeted by 18% since mid-June, and transaction fees have fallen by 38%. These declines have put downward pressure on NEAR Protocol’s price, which currently stands at around $5.27. The Moving Average Convergence Divergence indicator also suggests a bearish trend, indicating that NEAR Protocol may continue to experience price decreases unless external conditions change.
Rollblock (RBLK) Disrupts GambleFi with a Profit Share Model
Rollblock (RBLK) has emerged as a promising alternative, especially for those invested in Bitcoin Cash and NEAR Protocol. Rollblock is revolutionizing the online gambling industry by utilizing blockchain technology to provide better transparency, security, and efficiency. The industry is currently valued at $450 billion, and it is expected to reach $750 billion by 2028, making Rollblock well-positioned to capitalize on this growth.
Rollblock operates a fully licensed and functioning casino platform that combines both decentralized and centralized gaming. With hundreds of daily users and over 150 games, including blackjack, poker, and slots, the platform offers a wide range of options. Notably, sports betting will be integrated into the platform very soon. This addition is expected to attract many new players, contributing to the bullish outlook on the project by analysts.
One key selling point of Rollblock is its ease of access. Unlike most online casinos, Rollblock does not require users to complete KYC or background checks. Players can simply sign up with an email or connect their decentralized crypto wallet, ensuring quick and anonymous access.
Furthermore, Rollblock utilizes blockchain technology to verify and track each wager made on its network, providing a level of transparency and security that most online casinos cannot match.
Another unique aspect of Rollblock is its revenue-sharing system for token holders. A portion of the casino’s weekly profits, up to 30%, is used to buy back and burn $RBLK tokens, reducing supply and maintaining scarcity. The remaining tokens are then distributed as staking rewards, offering some of the highest APY in the entire crypto market.
Currently in stage 3 of its presale, RBLK is priced at just $0.015. Early investors have already seen a 50% ROI from it’s launch price of $0.10, and this is just the beginning. In fact, analysts predict that $RBLK could see a price surge of over 800% by the end of the presale period, with the potential for 100x returns in 2024. Since this is the lowest price that Rollblock’s token will ever be, investors who get in this early are likely to see huge returns on their investments.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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