In a very shaky June for crypto, Cardano (ADA) and Toncoin (TON) are holding up amidst the altcoin bloodbath, showing resilience despite market pressures. An innovative new project Rollblock (RBLK) has emerged as a standout in DeFi, dominating in the current market trends that other altcoins are suffering in. After raising a million dollars in just a few weeks, Rollblock’s early stage holders have already generated a 50% ROI!
Cardano (ADA) Holding Up For Now
Cardano (ADA) has faced significant challenges in recent months, with its price registering even lower lows throughout June. Despite this, the general sentiment remains optimistic. Cardano holders, known for their “diamond hands”, have continued to retain their Cardano tokens. This behavior suggests that investors plan to hold Cardano for the long-term.
The steadfast conviction of Cardano holders could play a crucial role in the cryptocurrency’s potential recovery. According to the Global In/Out of the Money metric, Cardano is currently facing losses of approximately 1.7 billion ADA. This $683 million supply has the potential to significantly impact the market unless Cardano’s price manages to achieve a successful increase.
Toncoin (TON): Whale Activity
Toncoin (TON) has also been making headlines, particularly due to a remarkable 257% increase in large transaction volume, indicating significant whale activity. Large transaction volumes, often associated with cryptocurrency whales, suggest that these major players might be actively buying or selling Toncoin despite the market’s overall bearish feeling.
According to IntoTheBlock data, Toncoin’s large transaction volume soared 257.65% in the last 24 hours to reach $7.58 million, or 962,270 TON in crypto terms. This increase in whale activity could be driven by several factors, including strategic accumulation of Toncoin in anticipation of future price increases or developments within the Toncoin ecosystem. Analysts have their eyes on a new promising project in DeFi.
Rollblock (RBLK) Ready For Takeoff
Rollblock (RBLK) has emerged as a pioneer of GambleFi with a platform that combines gambling with blockchain technology, aiming to disrupt the $450 billion-a-year gambling industry. The platform’s unique features, such as its fully licensed casino, blockchain provably fair gaming technology, and no KYC requirement for users, have attracted significant attention from investors and analysts alike.
Rollblock’s native token, $RBLK, serves as a reward for players’ activity and offers holders additional benefits, including a share of the casino’s revenue. Up to 30% of Rollblock’s weekly profits are used to buy back $RBLK tokens from the open market, half of which are burned to create scarcity and drive up the token’s value. The other half are given back to holders, incentivizing people to buy and hold. This profit-sharing model has contributed to Rollblock’s strong growth in just stage 3 of its presale period.
Experts are predicting that $RBLK could see over 800% rise in value before the end of the presale, making it one of the most promising altcoins to emerge before this upcoming bullrun. Rollblock currently offers casino favorites like blackjack, poker, roulette, and slots. Very soon, an expansion will introduce sports betting to the casino as well, further enhancing its mass appeal. With a fixed supply of 1 billion $RBLK tokens, the scarcity of the token is anticipated to lead to huge gains in a short period of time, positioning Rollblock as a leading DeFi token in 2024.
In addition to its robust tokenomics and revenue-sharing model, Rollblock’s platform offers a user-friendly and secure gambling experience. The blockchain technology underpinning Rollblock ensures that every transaction is traceable and cannot be altered, addressing major fairness and trust issues that most online casinos face.
Rollblock also makes it extremely easy to start playing. Users do not need to pass any KYC checks or background verifications to get started. Instead, they can just use an email address or connect a decentralized crypto wallet, making the platform highly accessible to a global audience. Because it’s so easy to get started, experts predict the project to blow up very soon.
The gambling industry is set to reach over $750 billion in 2028, making Rollblock one of the best altcoins to invest in for its dominance in GambleFi. Early investors who bought at $0.010 have already seen great returns, and some are forecasting a potential 100x by the end of 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
