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Rollblock (RBLK), an upcoming GambleFi ecosystem, is challenging the status quo of the casino industry. Using blockchain technology it hopes to overhaul traditional processes, offering huge returns in the process. Experts believe the traction it has already received gives it the potential to increase its price by 720% its presale. This could propel it to the Top 20 cryptocurrencies list.
Meanwhile, Ethereum Classic (ETC) and Cronos (CRO), have experienced significant relief in their prices. That said, analysts are questioning whether or not they have the momentum to keep up with Rollblock’s returns.
Ethereum Classic (ETC) has finally seen green over the last 12 days. The project has rallied by 32%, returning some much-needed hope to the Ethereum Classic ecosystem. The technical chart on the daily timeframe shows Ethereum Classic (ETC) creating a double-bottom structure, which is generally bullish for the token, indicating renewed buyer interest.
This coincides with Ethereum Classic (ETC) sweeping the December 2023 lows while maintaining a market cap of $3.49 billion. Although there has been an 18.52% decrease in its 24-hour volume, analysts see this drop as temporary in light of all the other bullish factors. If the overall bullish momentum continues, Ethereum Classic could easily make its way to the $31.4 resistance level.
Just like Ethereum Classic (ETC), Cronos (CRO) has swept the lows of January 2024, bounced off the $0.076 support level and has seen steady green candles from July 8th. Furthermore, a Cronos (CRO) mainnet upgrade, BlockDAG, is on the way. This upgrade will make the project more eco friendly, with 53% of its mining energy being sourced from renewable resources.
Interestingly, a 14.49% drop in the 24-hour trading volume has occurred, which analysts believe is consistent with a Cronos (CRO) pullback following a rally. However, this Cronos (CRO) pullback could drop Cronos (CRO) tokens price down to the $0.88 support level, during which some investors may choose to sell.
Rollblock (RBLK) is an innovative hybrid ecosystem that experts believe could become a top 20 cryptocurrency over the next few years.
It seeks to do this by combining the decentralized cryptocurrency and blockchain spheres with traditional elements of online gambling and casinos. This puts it in a strong position to disrupt the $450 billion-a-year gambling industry and offer huge returns for early adopters.
Rollblock (RBLK) addresses the transparency and trust issues with online casinos by ensuring every transaction is unchangeable once the bets are placed, a major problem faced with online gambling.
It is a community-backed ecosystem that shares up to 30% of its weekly revenue with holders of its native RBLK token. This is done through a simple buyback mechanism, whereby millions of dollars of Rollblock tokens (RBLK) are bought each week via an open market.
Half of the tokens are burned permanently, while the remaining half are available to the community as staking rewards. Users can expect some of the highest APY in the market with this process. This buyback and burn mechanism also makes the $RBLK token highly deflationary due to its fixed supply of 1 billion tokens.
July 2024 has already seen Rollblock's (RBLK) token price make its third high in a month. Moreover, investor interest in the ecosystem is evident, with over 120 million RBLK tokens already sold and stage 4 of the presale now entered.
Furthermore, Rollblock (RBLK) being fully licensed, live, and already generating revenue, makes it compliant with legal standards and regulatory frameworks. The project offers over 150 games from over 10 online gaming providers, ensuring it offers something for everyone. Hundreds flock to the casino daily, with over 5000 users fully registered.
Experts also believe that the introduction of sports betting to its network could trigger another influx of users. This upgrade will introduce a wide range of markets like soccer, golf, NBA, boxing, tennis, Formula 1, and the NFL.
All of this, combined with the fact that the RBLK token is being sold at an affordable price of $0.0158, has led analysts to believe Rollblock (RBLK) token's price could 100x in 2024 into the dollar range. This can inevitably position it to make it to the top 20 cryptocurrencies.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://Rollblockpresale.io/
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
