Investors are wondering if they should hold or fold in the big-name tokens like Solana (SOL) and Binance’s BNB (BNB) through this bear market. With GambleFi rockstar Rollblock’s (RBLK) ICO on the horizon, many investors are dumping their bags to get in on this top altcoin’s presale instead.
Solana ETF Delay Leaves Long-Term Investors Holding Bags
The Solana price is still up 500% on the year, but it has given up much of its gains on the way down from its annual high of $200 to its current $150. Another 15% drop this week for the Solana price has many investors looking for an exit.
Solana has enjoyed a strong year overall as it became the main contender to #2 Ethereum. However, with the Solana ETFs now on the back burner, many short-term investors are cashing in and moving on. This leaves long-term investors wondering if they want to wait around with Solana or move on as well.
Red Week Hits BNB Extra Hard
The BNB price dropped another 15% this week. While its current price of $500 is not too far off 2024 highs of $600, the BNB price drop down to almost $400 in less than a day has investors spooked.
BNB is limited by the performance of its parent company, Binance, and Binance depends on the crypto market to be green to drive activity on its exchange. Big red weeks like this week eat into Binance’s revenues and send BNB plunging into the red. If this bear market is set to continue, many BNB investors will start to sell.
Rollblock Growth Projections Make it 2024’s Most Anticipated ICO
With so many investors fleeing the big-name tokens in favor of top altcoins, it is no surprise that Rollblock’s presale is selling out each new stage faster than the previous one. Rollblock is now blazing through its 5th presale stage on its way to becoming the most anticipated ICO of 2024.
Hopes are so high for Rollblock due to its focus on the untapped potential of bringing blockchain technology to the stale $450 billion global gambling industry. The gambling industry is expected to grow to $750 billion by 2028 as it migrates online, and this new generation of players is expecting a next-generation experience from their online gambling.
Rollblock is already a thriving casino with more than 150 of the best games in the industry and the best sports betting platform in the world.
However, Rollblock’s real draw is its crypto innovations.
Rollblock offers fast, anonymous and seamless transactions, allowing players to hit the tables right away from any country of origin without needing to pass KYC checks.
Rollblock also has the 1st gambling token that actively shares its casino revenue with token holders. Rollblock achieves this by buying its own token back from the market to either use as a staking reward or to burn to drive up the price.
RBLK is selling for $0.02 in the 5th stage of the presale. This price is expected to grow 100x to 1,000x higher as Rollblock gains traction throughout the gambling market.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino