Bitcoin’s price surge led many other cryptocurrencies on a bullish run. However, many altcoins like Polygon (MATIC) and Bitcoin Cash (BCH) couldn’t maintain their momentum. As a result, investors holding these altcoins are looking into stronger alternatives like Rollblock (RBLK). Rollblock is an upcoming GambleFi protocol that aims to disrupt the global gambling industry. Experts predict Rollblock could surge by up to 800% in the coming weeks.
Bitcoin Cash (BCH) Drops By 7% As Mt. Gox Repayment Program Kicks Off
Bitcoin Cash (BCH) has dipped from $403.85 in the last 7 days and is now trading at $355. This decline comes after Kraken, the crypto exchange platform, finished distributing Bitcoin (BTC) and Bitcoin Cash (BCH) back to creditors after nearly a decade.
As creditors got their money, many sold off their Bitcoin Cash. This has led to a further price decline, with investors holding a bearish sentiment about Bitcoin Cash. However, analysts monitoring Bitcoin Cash indicators note that a bullish reversal might occur if Bitcoin Cash climbs above the $395 neckline.
Polygon’s (MATIC) Price Drops Despite Rise in Network Active Addresses
Polygon’s performance has worsened in the last few weeks compared to other major altcoins on the market. Following the announcement that Polygon’s MATIC token will be moved to the new POL tokens, investors and analysts expected price growth.
However, Polygon only saw an increase in activity, reaching its highest activity levels in over a year. Despite this growth, Polygon’s price has dropped by over 10% in the last 7 days. Polygon investors are now seeking high-performing altcoins like Rollblock to rebalance their portfolios.
Rollblock (RBLK) Attracts Thousands of Investors With Innovative Revenue-Share Model
Rollblock is a new casino-based token that offers investors and online gamers a well-structured strategy to grow their crypto holdings. It uses blockchain technology to differentiate itself from other iGaming platforms. With blockchain technology, Rollblock protects players’ bets and ensures transparent and secure transactions in the casino. This has brought in over 6,000 players in the last few weeks.
As the casino adds hundreds of new players daily, more investors are stacking the Rollblock ($RBLK) tokens. Rollblock offers token holders a way to profit from the growing casino. Up to 30% of the casino’s profits are split amongst token holders. To do this, Rollblock uses its casino revenue to buy $RBLK from the open market. Half of these tokens are burned and half used as rewards. This means as the casino grows, investors get more $RBLK tokens which they can then stake to earn more rewards.
Rollblock’s strategy has established it as one of the top altcoins to get in 2024. Rollblock is already in stage 4 of the presale and is trading at $0.0172.
As the presale progresses, this price will begin to snowball. Experts suggest that Rollblock could become a 100x token and trade at $1 during its launch.
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