Bitcoin
Bitcoin and Solana see slight fluctuation after Rollblock ICO launch
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Bitcoin and Solana correct after highs; Bitcoin halving expected to rise despite downward pressure, while Rollblock presale gains traction as a potential 30x token by 2024.
Bitcoin and Solana have faced corrections in the last month; this follows a quarter of price increases during which Bitcoin reached an all-time high. With the Bitcoin halving on the way, experts believe that BTC will recover, albeit with greater downward pressure, while Solana could continue to fall. With this in mind, Rollblock is gaining traction among investors, an iGaming provider that is currently in the first pre-sale phase. Rollblock offers many benefits and a revenue sharing feature. Investors believe Rollblock could be next 30x token in 2024.
Speculation Surrounds Solana Potentially Falling Below $100
Solana was one of the hardest-hit cryptocurrencies during the recent market correction. After reaching $202, Solana faced extreme resistance, followed by several issues within its ecosystem. These included issues with network congestion and social media conflicts between the founders of two Solana-based projects.
These events caused Solana’s value to plummet by almost 30%. At the time of writing, Solana is trading at $133.87, having faced an additional 23% drop in the last week. Its daily trading volume also dropped to $4.8 billion, causing Solana to drop out of the top 5 cryptocurrencies ranked by daily trading volume.
Bitcoin performance gains recognition
In a recent interview on CNBC’s Squawk Box, Anthony Pompliano praised Bitcoin’s recent performance. Despite the recent price drop, Pompliano highlighted that Bitcoin is doing very well. He highlighted that years ago, it was a dream for Bitcoin to reach $64,000.
Having reached an all-time high of $73,750, Bitcoin completely exceeded expectations. Pompliano also highlighted that Bitcoin has risen more than 800% in the last four years, demonstrating its potential as one of the most promising assets in the world.
Throughout the interview, Pompliano emphasized that Bitcoin has significantly outperformed many of the world’s leading assets, highlighting that gold has only risen 7% in the last year.
Rollblock launches its ICO
Rollblock is an innovative DeFi gaming provider, pioneering blockchain development in the online gaming market. Rollblock recently launched its ICO and caught the attention of investors with its unique features and innovative approach to online gaming. The project offers over 100 different games for users to enjoy, including table games like blackjack, Texas hold-em, roulette, and more. Each game is supported by blockchain technology, allowing the use of cryptocurrencies while ensuring high levels of security.
Unlike other casinos, Rollblock does not require users to complete KYC when accessing its casino. To get started, users simply log into their wallet or sign up with an email. By removing these simple barriers to entry, Rollblock has seen an increase in users, which in turn has led to an increase in the number of investors purchasing its native RBLK token. RBLK plays a significant role in the ecosystem by rewarding player activity while allowing holders to bet on the future for additional rewards. Rollblock has also implemented a revenue sharing feature that allows a portion of the casinos’ daily profit to be used to share the profit among holders, buy RBLK back from the open market, and burn it to further increase the value of the RBLK token.
RBLK tokens will play an important role in the Rollblock ecosystem. Token holders will receive a share of the platform’s revenue, with up to 30% of Rollblocks’ revenue used to purchase RBLK on the open market. 50% of these tokens will be used as rewards and the other 50% will be burned permanently, creating a deflationary token, meaning that investors’ tokens will increase in value with this practice alone.
RBLK is currently in pre-sale stage 1 and is trading at $0.01. The token sold over 9 million tokens in less than a week, showing positive interest from investors. As stated in the project’s tokenomics, there is a fixed supply of 1 billion RBLK with only 60% allocated for presale. Because of this, some analysts have projected that RBLK could see more than 800% increase in value before the end of the pre-sale.
Rollblock ICO is significant in size
As the native token of the platform built to accommodate the future of the online gaming and casino industry, RBLK is poised to become one of the promising DeFi tokens of 2024. RBLK’s extensive utility, revenue share, and opportunities for token holders give RBLK has room for growth. Analysts predict that RBLK has what it takes to become a 100x token in the coming weeks.
For more information about Rollblock, visit the official pre-sale website or join the online community.
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