Major coins in the cryptocurrency market are still experiencing their bearish phase. For example, Binance Coin (BNB) and Solana (SOL) have seen sharp
Major cryptocurrency assets are still enduring their bearish stint. For instance, Binance Coin (BNB) and Solana (SOL) have seen sharp declines in value over the last seven days.
However, a new cryptocurrency is making headlines and analysts believe it could experience significant growth in Q3, having already raised over $1 million in less than two months. The project in question? Rollblock.
An online casino built on the Ethereum blockchain, Rollblock combines features from both centralized and decentralized gambling platforms to offer a unique GambleFi experience. According to experts, its utility token, $RBLK, is expected to soar by 720% during its presale alone!
Solana Price Fluctuates Amid Market Uncertainty
On 2nd July, Solana’s (SOL) price was in an uptrend, reaching a peak of $154.60 before crashing to $131 the next day. It then recovered to $140 on 9th July. According to charts, Solana's stance has shifted from bullish to bearish over the past month, and experts believe additional decreases are on the way.
Some experts are optimistic that due to institutional adoption, forthcoming upgrades and innovative features, Solana could reach $2,000 in 2024. With a potential Solana ETF on the way, all eyes are on the altcoin, though its value continues to fluctuate, making Solana a somewhat risky investment.
Binance Coin Faces Decline but Investors Remain Bullish
Over the last 30 days, Binance Coin (BNB), the native token of Binance Smart Chain (BSC), has dropped by 23.9%. However, Binance Coin investors remain confident in the project’s growth, with many predicting that it could hit a new all-time high in Q3.
Several factors could influence this growth, including an influx of new investors, an increase of users on the Binance exchange, and confidence in Binance Coin. Although Binance Coin is currently facing bearish trends, the project has a strong foundation that could easily see Binance Coin recover during the next bull run.
Rollblock (RBLK) Presale Hits Record Day as Blockchain-Powered Casino Platform Gains Traction
One of the first community-backed GambleFi casinos, Rollblock (RBLK) is using blockchain technology to solve many problems associated with traditional centralized casinos.
By harnessing the immutable nature of blockchain technology, Rollblock offers greater security and transparency. All transactions are recorded on the Ethereum blockchain, and bets cannot be altered once placed.
Furthermore, Rollblock offers an improved sign-up process which lets users enter the casino without having to go through Know Your Customer (KYC) verification. This enhances confidentiality and also makes it easier for many people to join.
Throughout the casino, Rollblock's native token, RBLK, is used for rewards. Moreover, it can be staked for industry leading returns and grants holders access to Rollblock’s revenue share model.
Rollblock is one of the only GambleFi casinos to share its revenue with token holders, who will be granted a share in up to 30% of the platform’s revenue.
To share revenue, Rollblock will buy $RBLK tokens from the open market. Half of the tokens it buys are permanently burned, and the remaining half are used as staking rewards. By burning tokens, Rollblock creates token scarcity, driving up the price of tokens held by investors.
According to experts, Rollblock could disrupt the $450 billion gambling market in just a few years. The project is currently in stage 3 of its presale, and $RBLK tokens are available for $0.0154. However, with tokens selling out fast, analysts don’t think it will stay at this price for long.
Over the next few months Rollblock plans to add several new features to its ecosystem. These include sports betting, which is predicted to become a massive hit amongst the Rollblock user base. Currently, over 5,000 investors have signed up for the platform, which is already live and has all required licensing.
Given its potential, experts believe that $RBLK could see a massive 100x rally before the end of 2024. With early investors already enjoying returns of 54%, this is a huge opportunity for altcoin investors to maximize their returns and recover from recent bearish trends.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The above is the detailed content of Rollblock (RBLK) Presale Hits Record Day as Blockchain-Powered Casino Platform Gains Traction. For more information, please follow other related articles on the PHP Chinese website!