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After Sui’s outage, investors flock to Rollblock, eyeing its unique tokenomics and 100x growth potential post-presale.
Many investors migrated to top altcoin Sui (SUI) after Solana’s (SOL) blistering rally began to stall in the middle of 2024. Now they are moving on again as Sui suffers from a two-hour outage. The top destination for these investors is crypto casino Rollblock (RBLK). Rollblock’s unique tokenomics is driving staggering growth estimates of 100x or more when its current crypto presale ends.
Solana rally pause saw investors cash in mid-2024
The blistering rally in the Solana price was one of the biggest stories of 2024. Solana has grown more than 11x since late 2023 as its internal scaling solution has allowed it to increasingly dominate the market for Layer 1 blockchains.
However, this blistering rally in the Solana price paused for months in the middle of 2024. Many investors took this opportunity to cash in their Solana gains and migrate to other tokens. Sui was considered the growing ‘Solana-killer’ and saw much of this capital inflow.
Sui price plummets during two-hour outage
Sui was considered the ‘Solana-killer’ due to its own internal scaling solution. The Sui price grew around 300% in the middle of 2024 as people migrated out of Solana.
Sui followed this up with another 100% rally this month. However, the Sui price fell nearly 11% today after an almost two-hour outage where no blocks were produced. This outage led to a mass exodus of Sui investors.
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Rollblock’s crypto presale a welcome haven for investors fleeing Layer 1 blockchains
Many investors are now tired of the rapidly changing market for Layer 1 blockchains and eyeing the stable growth of crypto gambling instead. The gambling industry generated almost $525 billion in annual revenue for 2024, and the top altcoin in the crypto gambling sector is in the ideal position to dominate this enormous source of growth.
Rollblock’s unique approach to tokenomics is the best example of this technical advantage. Rollblock uses blockchain technology to power a system of transparent weekly buybacks that use the casino’s own revenue. Rollblock then burns some of these tokens each week to create deflationary pressure while it uses the rest as staking rewards to generate income for holders.
Rollblock has also used blockchain technology to develop the premier casino platform, with more than 7,000 provably fair games accessible through the latest in UX design. Rollblock’s casino games will soon be supplemented by a highly anticipated sports betting expansion.
Rollblock’s platform offers a fast, free and seamless experience that only crypto can provide. Hundreds of players from all over the world are joining each day to play alongside the thousands who are already enjoying a next-generation online gambling experience.
This unique approach to gambling on the blockchain has analysts predicting over 100x growth when Rollblock’s crypto presale ends. There are currently still four stages left once this eighth presale stage is finished.
Rollblock just raised its token price to $0.036 as the result of insatiable demand and is expected to rally throughout December!
For more information, visit the Rollblock presale website and join the online community.
Read more: Whales pile into Solana and Rollblock; XRP falls amid this major accumulation
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