Rollblock GambleFi Platform Heats Up to New High in ICO, Threatens to Overshadow Arbitrum and Optimism
- Mary-Kate OlsenOriginal
- 2024-11-06 06:02:23546browse
The recent crypto market volatility has come out swinging at many crypto projects. Established L2 players are feeling the pang the most.
While the recent crypto market volatility has dealt a blow to many crypto projects, especially established L2 players, Rollblock’s GambleFi concept has emerged as a stark contrast.
As Arbitrum price grapples with bearish pressures despite positive on-chain and DeFi metrics, and Optimism sheds a 15% MoM, Rollblock’s ICO growth is threatening to overshadow the L2 duo.
With Arbitrum and Optimism struggling amid the bear market, investors are turning to Rollblock’s GambleFi platform, which has seen a 300% token surge and $5M raise.
While Arbitrum price shows potential with growing on-chain and DeFi metrics, its price remains stubbornly low despite reaching its yearly high of $2.3 in January.
As Arbitrum price struggles with a nearly 20% loss from its monthly high of $0.61, worsening its MoM change to -13%, adding complexity is Arbitrum’s open interest, which surged to $135 million.
The recent 15% 30-day drop in Optimism’s $1.6 monthly open price has raised concerns about the token’s future, as it approaches a support level at $1.07, which could lead to another 21% drop from current levels.
However, Optimism token fundamentals remain strong, with whale activity surging by 58%, bringing large transactions to $766M.
As Rollblock’s presale momentum outpaces Arbitrum and Optimism, investors are showing a clear preference for GambleFi.
Rollblock’s 300% ICO growth, fueled by its revenue-sharing model, promises not only profit but also a steady income stream, making it a market darling.
With RBLK’s presale price at just $0.033 per token, analysts predict up to 100x returns. For a limited time, RollBlock Tokens are available with a 50% Bonus.
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