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Homeweb3.0Tron and Avalanche Lose Investors to New GambleFi Presale Despite 11% Market Surge
Tron and Avalanche Lose Investors to New GambleFi Presale Despite 11% Market SurgeAug 16, 2024 pm 06:30 PM
RollBlock GambleFi Tron (TRX) Avalanche (AVAX)

Coinmarketcap data shows that the crypto market is up 11% to $2.088 trillion in the past 7 days. But it's different news for Tron and Avalanche.

Tron and Avalanche Lose Investors to New GambleFi Presale Despite 11% Market Surge

Coinmarketcap data shows that the crypto market is up 11% to $2.088 trillion in the past 7 days. But it’s different news for Tron and Avalanche. Tron price has been grappling with FUD from the whale sell-off, and Avalanche bright start fizzled out to bear pressure.

Amidst their downpour, Rollblock’s Ethereum-based online gambling solution has held the DeFi and GambleFi reins that have attracted investors. Its ongoing presale has shown how far ingenuity can defy market uncertainty after pulling a seven-figure raise and 105% uptick to its fifth presale stage. Read on to learn more.

Tron had an excellent start this year. The token went over 100% from its August 2023 lows to a yearly high at $0.14. But this DeFi star has found itself trapped in a precarious range as it grapples with growing uncertainties within its ecosystem. The recent market downturn has cast a shadow on TRX’s positive outlook.

Unfortunately, bearish speculation went through the roof after Arkham Intelligence data revealed Tron CEO Justin Sun pulled out over $21M worth of TRX to Binance. The looming threat of a selloff has pushed Tron to $0.1, while TVL hit a six-month low of $7.7 billion.

A few months ago, Cardano was under fire and labeled a “ghost chain.” Now, it’s Avalanche’s turn. Two years ago, Avalanche took developers and investors by storm with its daring interoperable layer-one third-generation scalable network. TVL reached a staggering $11 billion, while AVAX posted a $146 ATH. Since then, it has been a tale of woe for Avalanche.

Investors are divesting en masse. In fact, AVAX saw a 10% nosedive after a whale unloaded a whopping $54.2 million worth of AVAX. Avalanche TVL is also in freefall and has shed more than 92% of its peak value. This has triggered fear, with many AVAX investors jumping ship for Rollblock’s GambleFi revolution.

Despite many big names struggling to recover from the bear downturn, Rollblock has continued to set the pace regarding market performance, innovation, and fun. The Ethereum-based GambleFi protocol has grown beyond expectations – with over 10,000 investors already on board its online gambling revolution.

Rollblock’s continuous growth and potential for a three-figure surge have disillusioned Avalanche and Tron’s investors’ hearts racing. A part resonating with many is its all-rounder approach to total decentralized online gambling for punters. This means punters will no longer worry about traditional casinos’ transparency, scalability, and immutability shortfalls.

The unique value-driven proposition that got many hooked was the revenue-sharing and passive income stream Rollblock sets aside. Additionally, it’s brilliant tokenomics, tailored to buyback and burn token supply and increase value, have proven Rollblock to be the community-driven, user-focused ingenuity many Avalanche and Tron investors needed.

Stage 5 is still underway and is speculated to be selling out faster than expected. Demand is on an astronomical rise, and so is the Rollblock token price, which has reached $0.0205. Early investors are up 105% already—a fraction of analysts’ forecast of 100x at the end of the presale. So, you’re still early!

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