With the crypto market swimming in red, investors are desperate for a green liferaft to save them from drowning. As big-name tokens Ethereum (ETH) and Avalanche (AVAX) notch huge losses, investors are finding stability in the top altcoin Rollblock (RBLK). Rollblock’s course for 100x returns in 2024 is just what investors want in these red waters.
The Launch Of Ethereum ETFs Marked The Top Of The Crypto Market
The Ethereum price is down 8% so far on the day as investors dump major tokens as fast as they can. Investors’ previous hopes for an Ethereum price rally to $4,000 and beyond have been dashed as it plummets toward $3,000.
The Ethereum ETFs launch ended up marking the top of the market. Investors are now dumping their major tokens as the entire market turns red. Big-name blockchains like Ethereum will continue to tumble as the AI-mania drains out of the tech sector.
Avalanche Ends A 2x Streak On The Year With A Massive 1-Day Crash
The Avalanche price lived up to its name today as it came tumbling down 7%. This marks a disappointing turn for the Avalanche price, which has doubled so far in the last year on the back of promising innovations in the underlying blockchain.
Avalanche is a major competitor of Ethereum, as they battle to onboard the same dApps and dominate the growing Web3 ecosystem. As investor money flows out of tech, these Smart Contracts chains like Avalanche and Ethereum will continue to be the hardest hit. With this in mind, Avalanche is expected to see further declines in the upcoming weeks.
Top Altcoin Rollblock Is An Island Of Calm In A Stormy Sea Of Red
As investors dump anything tech-related, GambleFi remains the one sector that is still showing green.
The global gambling industry is currently valued at $450 billion and is set to grow to $750 billion by 2028 as it digitizes. No amount of short-term panic over the tech sector can overpower the enormous long-term potential that GambleFi represents.
That is why investors continue to pile into Rollblock’s presale despite the carnage in the rest of the crypto sector.
Rollblock is already registering impressive player numbers with its premier online casino. Rollblock features over 150 of the best games in the industry, covering everything from the latest digital slots to old favorites like blackjack and roulette.
Rollblock’s innovative tokenomics also guarantees an ever-increasing price for its token, RBLK. Rollblock buys this token back from the market, using up to 30% of its weekly revenues. These buyback tokens are then used as high-APY rewards for staking or burned to keep RBLK on a strong deflationary path.
This combination of steady demand and dwindling supply combine into a guaranteed upward trajectory for RBLK, regardless of what is happening to the rest of the crypto market.
Rollblock’s presale is closing out its 4th stage following a massively successful week. RBLK is currently selling for $0.0172, and this number is expected to increase 15x or more before the presale is done. The final 2024 estimates for RBLK have now breached over 100x growth on its current price!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
The post Red Rapids: Ethereum (ETH) And Avalanche (AVAX) Hold Big Daily Losses, Rollblock (RBLK) Looks Safer Bet appeared first on Crypto News Land.