Cryptocurrency Market Cap Drops 5%, TRON's Sun Offers $2.3B for BTC
The cryptocurrency market capitalization has decreased by over 5% in the last 48 hours, indicating a return to a bearish trend. The market cap fell by 5.16%, during which Bitcoin dropped to $55,575.
While the market cap declined, TRON founder Justin Sun offered to purchase the remaining Bitcoin ( worth around $2.3 billion) confiscated by the German government. This has sparked controversy throughout the TRON ecosystem, with some experts predicting a TRON rally in Q3.
Meanwhile, many investors are turning their attention towards Rollblock (RBLK). Rollblock is a promising investment opportunity due to its hybrid nature. It integrates elements of centralized and decentralized gambling platforms and ensures fairness and transparency. Having already attracted thousands of investors, analysts predict it could surge a massive 800% during its presale.
Tron Founder Justin Sun's $2.3 Billion BTC Offer Raises Questions
The German government’s recent Bitcoin sale has sparked global controversy. However, TRON (TRX) Founder Justin Sun has offered to back the remaining $2.3 billion in Bitcoin.
It is not yet clear how much Justin Sun is willing to spend on the purchase of BTC, but he has previously had a habit of trying to save the day whenever trouble befalls the crypto market.
On that note, it is crucial to mention that according to Arkham Intelligence, more than one billion dollars worth of funds are held in the crypto wallet linked with Sun. This news has created excitement throughout the TRON ecosystem, and many investors anticipate a TRON rally should Sun buy.
Bitcoin Price Hits Two-Month Low Amid Fed's Interest Rate Stance and Mt. Gox Payout Concerns
On July 5, Bitcoin (BTC) slumped to $55,000, reaching a two-month low minutes after the Federal Reserve’s June meeting conveyed it has no plans on cutting interest rates.
In March this year, Bitcoin reached an all-time high of more than $73,700 when the Securities and Exchange Commission approved the first U.S. spot-traded exchange fund (ETF) for Bitcoin. However, the leading cryptocurrency has continued to meet resistance, and experts fear it could fall below $50,000 in July.
Rollblock (RBLK) Thrives Amid Market Downturn, Anticipates Massive Growth
Even though the prices of Tron and other established cryptocurrencies are dropping, Rollblock (RBLK) is shooting up. In just 3 presale stages, $RBLK tokens have experienced a 50% increase, outperforming most major projects.
Rollblock stands apart from other altcoins with its creative income-sharing model designed for the online casino industry. In less than two months, It has become one of the fastest-selling presales in the market, and its momentum shows no signs of slowing.
Rollblocks GambleFi casino offers several advantages over traditional platforms. These include swift transactions, industry-leading security, and full transparency. Using AI and blockchain technology allows Rollblock to record transactions, making them irrefutable and impossible to alter.
Furthermore, Rollblock’s Hybrid GambleFi platform requires no KYC checks, so users can sign up without giving away personal data. To sign up, all players need to do is use an email or a cryptocurrency wallet. To continuously support transparency and security, Rollblock will conduct periodic audits, strict regulatory compliance and lock the liquidity pool for one year.
Rollblock's native token, $RBLK, serves as a reward for players' activity and offers holders additional benefits, including a share of the casino's revenue. Up to 30% of Rollblock's weekly profits are used to buy back $RBLK tokens from the open market, half of which are burned to create scarcity and drive up the token's value. The other half are given back to holders, incentivizing people to buy and hold.
Currently in stage 3 of its presale, Rollblock tokens can be purchased for $0.015. Having already increased in value by 50%, experts are bullish on Rollblock growth and anticipate huge returns in Q3. As its presale builds momentum and its casino gains traction, experts believe that Rollblock could see a 100x rally in upcoming months. As a result, many investors are choosing to buy Rollblock over traditional investments such as TRON and Bitcoin.
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