After last week’s run to a new all-time high, Bitcoin’s momentum has slowed down amid the market-wide turbulence. As Bitcoin (BTC) is cooling off, many veteran investors are focusing their attention on undervalued projects that are still flying under the radar. One of them in particular is making waves in the online gambling space as it’s poised to disrupt the entire industry. Here’s why Rollblock (RBLK) could become this year’s big gainer and outpace established altcoins.
How Rollblock Reinvests The GambleFi Formula
Ethereum-based DeFi GambleFi protocol Rollblock solves the many inefficiencies plaguing traditional online gambling platforms by adopting blockchain technology as its base operational layer. Through its platform users can enjoy a seamless and intuitive interface supported by robust security features. Simultaneously, the possibility of bet-tampering is reduced to zero, as all recorded transactions are immutable and tamper-proof.
So far more than 45,000 players have chosen Rollblock and hundreds of new users are signing up daily. A 7,000-title catalog awaits, and variety is the name of the game. Newcomers will find an extensive offering that includes classics such as blackjack and roulette, live games, AI-enhanced exclusives, and a brand-new sports betting platform.
The native token, $RBLK, plays a crucial role in the ecosystem as it powers the payment network and the novel revenue-sharing mechanism. Holders of the token will be eligible for some of the highest APY in the space in the form of recurring staking rewards. To sustain this, the protocol will reinvest up to 30% of its weekly revenue to buy back $RBLK tokens on the open market. This amount will then be partially redistributed to the community, while the remaining tokens will be burned, creating a series of supply shocks to promote long-term growth.
Bitcoin Dips Below $100k, Microstrategy Starts Buying Spree
Following a 4.3% intraday increase, Bitcoin (BTC) trades at $102,732 following days of price fluctuations. This recent sure in volatility saw a sudden increase in market participants trying to time Bitcoin’s movements, as reflected by the 330% increase in volume, with over $81 billion worth of BTC traded in the last 24 hours. Consequently, this also led to a barrage of liquidations, as exchange data shows that $171 in BTC positions were liquidated, with long traders representing the majority of these casualties.
Meanwhile, Microstrategy keeps buying the dip. Michael Saylor’s tech company turned BTC acquisition company, has purchased a whopping 10,107 BTC for the gigantic sum of $1.1 billion, as stated by his recent post on X.
On the other hand, institutional investment seems to be slowing down, as inflows into US spot Bitcoin ETFs have declined to $1.76 billion — a 10.5% drop from the $1.96 billion recorded previously. This decrease also coincided with Bitcoin’s rejection before the $110k level, which led to BTC entering a descending channel.
Stage 10 Of The Rollblock Presale Starts With A Bang
Stage 10 of the $RBLK presale has just kicked off and is selling out fast, with demand rising exponentially. Right now, the price of RBLK is $0.052 and early investors are already enjoying a 400% increase, and another 800% rally is expected by the final round of the event. But this is only the beginning, as analysts anticipate a 100x rally once listings on major exchanges are finalized. With the market entering its most euphoric phase and the crypto gaming narrative gearing up for a major comeback, Rollblock is most definitely a gem to keep an eye on.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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