Over the past 24 hours, established altcoins like Toncoin and Avalanche have dug deeper into the crypto depths. Meanwhile, newcomer Rollblock (RBLK) is attracting new investors by offering an ingenious revenue-share scheme.
Toncoin (TON) Fails to Escape the Reds
Although Toncoin (TON) showed huge potential to excel in the Layer1 Blockchain sector, its days of glory are a distant memory now. Over the past 30 days, Toncoin has plunged nearly 18%, bringing the current trading price to $6.61.
Analysts suggest that Toncoin needs to devise a better strategy than simply onboarding new games. For now, industry experts believe that Toncoin will continue to hit lower lows throughout August.
Avalanche (AVAX) Bulls and Bears Stuck in a Fierce Battle
Over the last seven days, Avalanche (AVAX) saw a huge price decline of nearly 11%. According to Coinmarketcap, Avalanche is currently trading at $24.77 after an intra-day decline of 1.7%. These constant declines might be hinting toward a bearish thesis, but some Avalanche analysts are expecting a price reversal soon.
Technical indicators reveal that Avalanche bulls and bears are stuck in a tug-of-war right now. If the bulls take over, then Avalanche may see a massive surge in price in the next few weeks.
Rollblock (RBLK) Gains 7K Investors in Stage 4 of Presale
Rollblock (RBLK) is making investors abandon old tokens like Toncoin and Avalanche to jump on the trending GambleFi narrative. Rollblock is pioneering this narrative. Right now, Rollblock is wrapping up stage 4 of its presale and tokens are selling at a low price of $0.018. During the past 14 days, Rollblock’s value has surged by 75%, and analysts are predicting more rallies in the following weeks.
Rollblock combines state-of-the-art blockchain technology with online gambling to give players the best casino experience in the market. Fully audited and licensed by Curucao Gaming, Rollblock’s casino is ready to take over the $450 billion-a-year global gambling industry. Each financial transaction and bet placed on Rollblock is also backed on the Ethereum blockchain, making the platform immune to third-party manipulation.
Rollblock’s most innovative strategy is its revenue-sharing scheme. Each week, up to 30% of casino revenue is used for open market buybacks of the $RBLK token. These tokens are then split into two equal categories: one is burned to keep supply low, and the second is given to investors as staking rewards with huge APYs.
If Rollblock can keep up this momentum, then analysts believe that this new GambleFi token has the potential to disrupt the entire $450 billion gambling industry. In fact, analysts believe that Rollblock is already on its way to becoming the biggest DeFi token of 2024. Get involved now at just $0.018 and take part in Rollblock’s daily Olympic giveaways!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino