Telegram founder Pavel Durov's arrest sends Monero (XMR) surging on privacy concerns. TRON (TRX) slides as its own arrest bump fades.
Three major cryptocurrencies are making headlines this week.
Monero (XMR) is surging amid concerns over privacy following the arrest of Telegram founder Pavel Durov. Meanwhile, TRON (TRX) is sliding as the own arrest-related bump fades away. Finally, GambleFi's top altcoin, Rollblock (RBLK), is set to mint thousands of new crypto millionaires with 1,000x ICO returns.
Crypto users are turning to the privacy of Monero in droves after the arrest of Telegram founder Pavel Durov. Monero is the leading privacy cryptocurrency, making it a natural haven for users seeking refuge from the government's increasing overreach.
The price of Monero has now risen to around $175, up from $160 one week ago when Durov was arrested. This adds to the annual rally for Monero, which began at $140.
TRON experienced a minor bump last week when its main GameFi competitor, Toncoin, crashed after its founder, Palvel Durov, was arrested. However, those small gains and more have since been erased by TRON. Despite Toncoin's rise coming at the expense of TRON, the latter is still up this year on the back of GameFi's rapid growth.
The price of TRX has now fallen to $0.15 despite rising to $0.17 on the news of Pavel Durov's arrest. However, the TRX price is still higher for the year after opening around $0.08.
The latest estimates, which give Rollblock a 1,000x return from its upcoming ICO, also suggest that thousands of new crypto millionaires will be minted. With over 12,500 registrations for the Rollblock presale, a large proportion of these investors are anticipating over $1 million in value for their holdings after the ICO.
Rollblock's position as GambleFi's top altcoin uniquely positions it to revolutionize online gambling and capture a significant portion of the $500 billion global gambling industry. Rollblock's crypto casino already outperforms any GambleFi competitors and is light years ahead of traditional online casinos, which are stale and boring.
Rollblock combines the latest in user experience (UX) design with cutting-edge blockchain technology to provide a whole new level of player experience compared to what people are accustomed to. Over 10,000 players from around the world are already enjoying fast and anonymous access to the best games the industry has to offer.
Rollblock's gambling token is gaining additional attention due to its exceptional revenue sharing. 30% of the casino's daily revenue is used by Rollblock to purchase its own tokens from the market. While half of the tokens are burned, the other half are used as staking rewards.
As a result, RBLK is the only gambling token that is always making money, even when it is not being played.
The current stage six price of Rollblock at $0.024 is expected to increase 1,000x from the upcoming ICO.
Discover the Amazing Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/ Socials:
The above is the detailed content of Three big movers are topping the headlines this week. For more information, please follow other related articles on the PHP Chinese website!