Polkadot (DOT) is being criticized by millions of investors after publishing its latest treasury report. This report detailed Polkadot’s spending, revealing that the early Ethereum competitor is running the business at a loss. Investors are concerned that Polkadot will be gone in less than 2 years. This has prompted many to search for new investments with good growth and financial structures like Monero (XMR) and Rollblock (RBLK). Analysts predict that with Rollblock’s structure, the new altcoin could experience a 50x rise in the next few weeks.
Polkadot (DOT) Faces Backlash After Losing $108 Million Annually
Polkadot (DOT) may be losing thousands of new investors after its recent publication as many compare it to FTX. Based on the report, over $36 million of Polkadot’s spending went into marketing and outreach to attract new users into the ecosystem.
Polkadot’s head ambassador, Tommi Enenkel included in the report that Polkadot is losing around 17 million DOT ($108 million) every year. Polkadot’s price reflects investors’ sentiments about this news as it dropped from $6.50 to $5.80 in the last 24 hours. However, some analysts predict that despite Pokadot’s bearish sentiment, DOT’s price could still increase in the coming months.
Monero (XMR) Investors Maintain Neutral Sentiment Despite The Market Downturns
Unlike Polkadot (DOT), Monero’s investors continue to hold Monero (XMR) tokens. Monero has always been known for its strong security and privacy features, which allow for anonymous transactions. This has kept Monero stable despite the broader market downturns.
Monero (XMR) currently trades at $154.46, a 2.17% drop from its $160 price in the last 24 hours. However, analysts suggest this price drop is due to the recent Bitcoin decline. Monero has already shown increasing patterns toward its previous price levels, highlighting the importance of security and privacy to investors.
Rollblock’s (RBLK) Revenue-Sharing Feature Drives New Investors To The Presale
Rollblock (RBLK) is the first ever play-to-earn token in the iGaming sector that aims to close the gap between centralized and decentralized gaming experiences. Offering users access to over 150 classic table games, Rollblock places a strong emphasis on transparency and trustworthiness. Rollblock uses blockchain technology to secure all transactions, ensuring that bets placed are traceable and can’t be changed. This adds a significant layer of security to the platform and draws the attention of investors seeking a secure investment with high growth potential.
Rollblock sets itself apart from other iGaming platforms with its user-friendly approach to registration. Users don’t need to complete KYC verification when registering. Instead, they can simply connect their crypto wallets or sign up with an email address. This ease of access has significantly increased the user base, which in turn has attracted more investors to the native $RBLK token. Within the Rollblock ecosystem, the $RBLK token serves as a reward for player activities and offers staking opportunities for additional earnings. Unlike Polkadot (DOT), which allocated most of its funds to marketing, Rollblock (RBLK) has also introduced a revenue-sharing feature, where up to 30% of daily casino profits are allocated to repurchasing $RBLK tokens from the open market. These tokens are then burned to increase their value, and the remaining portion is distributed as rewards to token holders.
Currently in stage 3 of the presale, Rollblock’s price sits at $0.015. Over 100 million tokens sold in less than a month highlights the project’s broad appeal to investors. Given that the current price is the lowest it will ever be, this would be the best time for investors leaving Polkadot (DOT) to invest in $RBLK. Rollblock’s tokenomics specify a fixed supply of 1 billion $RBLK, with only 60% available during the presale. Analysts predict that due to limited supply, Rollblock’s value could rise by over 800% before the presale ends, making it one of the best altcoins to invest in.
As the native token of a platform designed to lead the future of online gaming and casinos, $RBLK is expected to become one of the top DeFi tokens of 2024. The token’s extensive features, security standards, revenue-sharing model, and various opportunities for holders increase its growth potential. With Rollblock’s plan to become a 100x token, investors who get in during the presale are in for the biggest returns.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.Rollblock.io/
Socials: https://linktr.ee/Rollblockcasino