Following a significant Bitcoin crash, several altcoins have experienced dramatic changes. Helium (HNT) has started to lift off again after gassing out last week. Render (RENDER) losses have doubled down with an even deeper dive. Meanwhile, Rollblock’s (RBLK) presale has hit a new all-time high and early adopters are up by 100% as analysts up their price estimates to 100x growth in 2024.
Helium’s IoT Mining Model Just Might Work
Helium’s price was one of the few to buck the larger market trend today as it increased by 7%. This contrarian price action took Helium’s price growth to 50% on the month and 130% on the year as its unorthodox take on the Internet of Things (IoT) pays off.
The IoT space has been notoriously tough for tokens to crack, but Helium’s approach of using excess bandwidth for mining is finally seeing mass adoption. People are rightfully excited at the idea of getting paid for letting Helium use their idle devices and as a result Helium should see huge adoption in Q3.
Render Adds Another Red Week as AI Continues to Deflate
Render’s price continues to lead the rest of the market down, although a 25% jump for the day helps recoup a 32% drop for the week. This market downturn is further eating into the Render price’s 160% rally this year as the air deflates from the AI bubble.
Render’s long-time model of selling excess GPU seemed brilliant when the AI bubble took off at the start of the year. However, with the excitement over AI starting to fade into a more sober reality, Render has been adding up the red weeks and chipping away at its green year.
Rollblock’s Player Growth Has Analysts Predicting a Moon Landing
The biggest green news in this week of red is Rollblock’s early adopters enjoying 80% gains as the token closes the 4th stage of its presale. Recent estimate upgrades projecting that RBLK will grow 100x before the end of 2024 have only increased the presale demand for this token.
Analysts are basing their estimates on the enormous player growth numbers that Rollblock is achieving as it showcases its next-generation crypto casino. Rollblock already boasts thousands of players, and 1000s more are joining each week.
Most players are drawn by the 1st-of-its-kind gambling token, RBLK, which is the only gambling token to offer access to a casino’s revenue.
Rollblock achieves this by using up to 30% of its daily revenue to purchase the tokens back from the market. These tokens are either burned to limit the supply and increase the price or they are used as staking rewards with the best APY rates available today.
Rollblock has also updated the old online casino model. Rollblock features more than 150 of the best games in the industry, regular giveaways, and a social media presence that creates a sense of community and excitement that only crypto can bring. All of this is accompanied by greater security which makes bets immutable and impossible to alter.
RBLK is selling for $0.02 in stage 5 of its presale, and experts believe its price could see a 100x return this year.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
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The post Helium (HNT) Rebound After Gassing Out Amid Render (RENDER) Heavy Losses, Crypto Casino Rollblock (RBLK) Boasts 100% Early Gains appeared first on Crypto News Land.
