The crypto market has been subject to heavy volatility in the past few weeks, with top crypto coins like Solana (SOL) and Cardano (ADA) bearing the brunt. Notably, Solana has witnessed a major price retracement with the SOL token losing virtually all its monthly gains in a very turbulent condition. In similar manner, the native ADA token has sinked below its monthly average of $0.44 after reaching a monthly peak of $0.50. While the future of both top crypto coins remains uncertain, savvy investors are drawn to more innovative projects like Rollblock (RBLK). With a live Casino that's accessible to a global user base, Rollblock is set to redefine online gaming with the introduction of a unique GambleFi protocol.
Despite gaining more popularity for the successes of the Solana-based meme coins, the native Solana (SOL) token has failed to retain its price gains over the past month. Notably, the SOL token was initially priced around $143 exactly a month ago, and rose to a monthly peak around $187.
While the price surge was largely attributed to the popularity and adoption of Solana-based meme coins, the native token appears to be unable to hold on to the momentum. Currently trading within a weekly price range of $173 and $148, SOL price reflects nearly 15% decline with the possibility to go further down.
Although the optimism surrounding Solana-based meme coins is still very high, the recent market downturn managed to take its toll on Solana price, necessitating investors to look elsewhere for plausible recovery.
Similar to Solana, Cardano (ADA) token has suffered a major setback in the past month after declining from its monthly high of $0.505 to $0.40. This noticeable decline also sank the ADA price below the month-long resistance level of $0.44.
Currently trading within a weekly price range of $0.45 and $0.42, ADA price reflects a noticeable 8% decline. While it still maintains about 55% YTD gain, market analysts maintain optimism about a potential resurgence in its price. In the meantime, new market entrant, Rollblock is taking center stage with its innovative GambleFi protocol.
Rollblock (RBLK) has been making headlines amidst the ongoing market downturn, particularly because of its innovative GambleFi protocol which is set to revolutionize online casino and blockchain gaming alike. Coupled with its innovative features, and strategic positioning in the GambleFi niche, Rollblock has witnessed enormous growth in the presale market with nearly $1M raised as of the third presale stage alone.
Essentially, Rollblock aims to redefine the established GameFi sector by addressing major challenges in the online gambling sector by leveraging blockchain technology at its core. In order to stand out from other traditional online gaming platforms, Rollblock’s live casino incorporates crypto payment as well as offers a secure, transparent, and easily accessible platform for its users.
Another notable attraction of Rollblock is its unique revenue-sharing model amongst RBLK token holders. In order to optimize investors earnings, Rollblock allocates up to 30% of its weekly revenue to repurchase the native RBLK tokens from the open market. 50% of these tokens are eliminated from circulation via a token burn, to drive scarcity, while the other half is dedicated towards staking rewards. This not only makes RBLK as highly deflationary asset but it also allows Rollblock to offer its holders some of the juiciest passive income opportunities in the crypto space.
Currently trading at $0.014 per token in its third presale round, Rollblock has already delivered a 40% ROI to early buyers, with more price increases on their way. Meanwhile, the rapid progression of Rollblock’s presale indicates a strong demand and investor interest in its platform. Market experts project a potential 100x value increase once Rollblock before 2025, making it one of the top altcoins to buy this Q2.
Although Solana and Cardano are top crypto coins with innovative use cases and devoted user bases, Rollblock is an interesting project to follow because of its unique value proposition and growth potential. As a pioneer in the GambleFi niche, Rollblock holds a unique potential to achieve great success, offering much higher potential returns than the likes of Solana or Cardano, ranking it among the best altcoins to buy now.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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