Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Rollblock is rapidly approaching $5 million in investment, drawing Solana and Ripple holders with its 100x potential to change the online gaming space.
Rollblock (RBLK) is taking its place among the presale giants of 2024 as it approaches $5 million of investment from more than 20,000 early adopters. Lets find out why so many Solana and Ripple holders are taking a bite of the Rollblock action, drawn to its incredible 100x potential to disrupt the online gaming space.
Solana dominating DeFi with Raydium volume
Solana is currently up 1.1% on the daily time frame as it reclaims $162. In the past 7 days of trading, Solana holders have had to stomach a 10% decline as it fell all the way from $180 recently. However, zooming out even further to the monthly candle, it is clear that Solana is still in a bullish uptrend and has added 13% to its market cap.
Recent DEX volume has surged in the past few weeks and has been boosted by Raydiums increasing market share and the huge number of transactions on-chain. Solana has also just reported record-breaking numbers of daily active addresses, with 120 million wallet addresses created, largely as a result of memecoin trading.
Ripple labs selling tokens at an alarming rate
XRP is up 1.2% today to reach $0.51 as it looks to build a base here above support. It has been a difficult month for XRP holders who have watched their portfolios decline by over 3% following ongoing regulatory uncertainty as the SEC looks to pull Ripple Labs back into the courtroom.
Ripple Labs recently sold 470 million Ripple tokens, its biggest dump since 2016. This has raised eyebrows in the Ripple community, who fear for the long-term prospects of this chain. A forthcoming dollar-backed stablecoin launch should do much to calm investors nerves and bring consistent institutional inflows into the Ripple ecosystem.
Rollblock web3 casino gearing up to disrupt the traditional gaming world
Rollblock (RBLK) is on track to break the key $5 million milestone in assets under management, as the world wakes up to its enormous potential to improve the $450 billion online gambling sector. Rollblock is on a mission to bring trust back to the casino space by encrypting all bets on-chain, eliminating the risk of any bet tampering.
More than 7,000 games are currently live and generating massive income for the platform. The RBLK token is used across the platform for payouts and exclusive VIP bonuses.
Any jackpots won on the 7,000+ casino games on the site can be immediately staked for up to 30% in risk-free income—meaning that RBLK bags are super easy to grow and hold on to.
All this is achieved through a smart revenue-sharing scheme that will buy up millions of tokens from decentralized exchanges each week—burning 60% of these tokens and distributing the rest to loyal stakers. RBLK supply will dry up rapidly as demand goes parabolic in the coming months.
Solana and Ripple holders have been turning to Rollblock in droves, as the discount $0.033 level is proving hard to resist.
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