Rollblock (RBLK): The Next Crypto Moonshot or Just Another GambleFi Protocol?

The crypto market entered a stage of bearish resistance this summer, which is taking a heavy toll on prominent coins such as Bitcoin and Ethereum.

The cryptocurrency market encountered substantial resistance during the summer months, impacting prominent coins such as Bitcoin and Ethereum. In response, traders shifted towards other assets to minimize losses. Among the emerging tokens that have garnered attention is Rollblock, which is being touted by analysts as the next crypto moonshot.

The GambleFi protocol has seen strong demand, with the initial two presale stages selling out quickly and interest surging in stage 3. The project combines elements of decentralized and centralized blockchain technology to enhance the gambling experience, offering greater security and transparency compared to traditional platforms. Having already witnessed a 58% price increase, experts anticipate that Rollblock is poised for a 100x rally in 2024.

Bitcoin Recovers to $62,000

In an unexpected turn of events, the failed assassination attempt on presidential candidate Donald Trump halted Bitcoin’s descent from the upper trendline. The former U.S. president has expressed support for cryptocurrencies, and the incident on Saturday, July 13th, instilled confidence in the market.

Bitcoin is among the beneficiaries, crossing the psychological price level of $62,000, a feat it struggled to achieve last week. At the beginning of July, Bitcoin experienced a seesaw effect. It climbed to $59,485, only to tumble back to $57,000 and rally again to $59,529 a couple of days later.

Bitcoin’s volatility is well-known, but the all-time high price of $73,000 in March does not seem like something that will be achievable soon. Despite Bitcoin’s price spiking to $62,000, the bulls are still unable to break out over the 200-day moving average to open a path for a bull run.

Ethereum Is Entering Testing Times

Ethereum’s trading volume declined this summer despite the upcoming launch of Ethereum ETFs and the recent Dencun upgrades. Historically, ETH prices fell in line with Bitcoin, and that trend is repeating now. Ethereum is trading at $3,344 at the time of writing and is set to test the $3,400 resistance level in the upcoming days.

According to experts, the current market is a time of consolidation for Ethereum, and the rise in buying interest is necessary to maintain the upward momentum. Ethereum could jump to $4,000 soon if the uptrend continues, but nothing is guaranteed.

The bears still pose a danger, and if their grip over the market tightens, Ethereum could decline as low as $2,625 in July. This instability is a cause for concern among investors, who are starting to develop doubts about the second-largest crypto coin.

Rollblock Is Confidently Sailing Ahead

The ups and downs of crypto market leaders are pushing investors to seek out promising new coins. One token that’s being talked about more and more is RBLK, which is currently in its third presale stage.

Analysts are excited about the potential of Rollblock (RBLK) to reshape the iGaming scene via its revenue share model. The new GambleFi protocol is outmaneuvering established tokens with promises of a 100x rally once it’s listed on major exchanges.

A billion RBLK tokens are minted, and 60% of that supply is dedicated to the presale. The current price is $0.0158 per coin, and the project has already raised over $1 million.

There are several ways to earn passive income within the Rollblock ecosystem. For example, RLBK holders can generate profits through staking, liquidity provision, dividend distribution, affiliate programs, and yield farming.

Rollblock also implements a profit-sharing model by distributing weekly profits among token owners. To do this, it uses profits to buy $RBLK from the open market. Half of these tokens are burned, and half are allocated as staking rewards.

Additionally, token holders will be granted a range of rewards in the Rollblock casino, including access to exclusive games. Currently, Rollblock is in stage three of its presale, with less than 20% of the round’s supply remaining. As a result, investors are flocking to the project to maximize their potential returns.

Having outperformed the market for two consecutive months, experts believe that Rollblock is on track to become one of the best new altcoins of 2024.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Follow Rollblock on Social Media: https://linktr.ee/rollblockcasino

The above is the detailed content of Rollblock (RBLK): The Next Crypto Moonshot or Just Another GambleFi Protocol?. For more information, please follow other related articles on the PHP Chinese website!