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Emerging DeFi Casino Has Surpassed Expectations Ascending To $2.5M Captivating Toncoin and Ripple Investors to Hedge Bets On RollBlock

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2024-08-27 18:06:17294browse

Toncoin and Ripple investors know this: despite both altcoins being solid holds, these projects have reached the point of diminishing returns. A 100x is

Emerging DeFi Casino Has Surpassed Expectations Ascending To .5M Captivating Toncoin and Ripple Investors to Hedge Bets On RollBlock

Despite being solid holds, Toncoin and Ripple have reached the point of diminishing returns with a 100x being an unrealistic scenario for either altcoin. This has led many investors to rotate funds into low-cap gems with untapped potential, such as DeFi casino RollBlock.

Toncoin Plunges After Telegram Ceo ArrestedToncoin runs on the Telegram-based open network Blockchain. After Telegram founder and CEO Pavel Durov was arrested 2 days ago, Toncoin experienced a steep 22% correction, taking its price from $6.80 to a $5.31 floor. Buy pressure began mounting and Toncoin managed to reclaim the $5.80 mark, but couldn’t sustain the move as the $6 level proved to be strong resistance.

Toncoin currently sells for $5.61 and its volume now sits at $1.79 billion, a massive surge as bears and bulls are fighting in tight quarters.

Ripple Could Soon Celebrate Victory Vs The SECThe SEC is losing its legal battle against Kraken, which could bode well for Ripple as it sets a powerful legal precedent.

The court has declared that cryptocurrencies cannot be classified as securities, which was the premise upon which The SEC was basing its accusations. This means that Ripple Labs could finally gain the upper hand against the increasingly draconian gov agency.

After being accused of illegally conducting a $1.3 billion security offering, the SEC began its legal battle against Ripple in December of 2020. The case has been dragging on for over two years now with both parties submitting their final arguments in September of last year.

Now, a verdict is expected any day, and the outcome will have a massive impact on the future of cryptocurrency regulation in the United States.

If Ripple loses, it could open the door for further SEC crackdowns on digital asset companies. However, if Ripple wins or settles on favorable terms, it will cripple the SEC’s ability to classify and regulate cryptocurrencies.

After a strong rally that began in mid-March, Ripple has stalled at the $0.6 resistance level. After falling to a low of $0.33 on March 14, the altcoin has experienced a 90% gain, quickly bringing it to its current price of $0.59 with a 1% decrease in the last 24 hours.

Ripple volume has seen a significant decrease, currently hovering around $893 million, while just a few days ago was averaging at $1.5 billion a day.

Rollblock Presale Ready To Cross $2.5 Million MarkSet to revolutionize online gambling with Web3 technology, RollBlock is an Ethereum-based casino that tackles head-on the issues that have plagued the industry for years – lack of trust, transparency and safety.

Built on the latest blockchain technology, the platform ensures easily traceable and tamper-proof transactions. No KYC is required – individuals just need to connect their wallet or sign up via email to join.

The casino is already generating revenue and boasts a rapidly growing user base with more than 10,000 players. Being fully decentralized, governance is handled by a DAO, ensuring that the community has a say in all aspects of the casino's operation and direction.

The native token RBLK powers the casino's unique revenue-sharing mechanism. Every week, RollBlock will spend up to 30% of its generated revenue to purchase RBLK tokens. Of the purchased tokens, 50% will be distributed to holders in the form of recurring staking rewards, while the other 50% will be burned forever, creating a series of supply shocks that will prime RBLK for explosive price growth in the upcoming months.

Currently in Stage 5 of its presale, an 800% surge is expected by the end of the eighth and final stage. Right now, the price of RBLK is $0.022 and has seen a 110% jump since launch.

According to analysts, a 100x multiplier is expected as the GambleFi narrative starts ramping up and listings on major exchanges are finalized. Investors who get involved today could see incredible gains as the cycle progresses!

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