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The cryptocurrency market experienced a significant crash last week. In typical cryptocurrency fashion however, the market is already beginning to recover, showcasing once again the volatile nature of crypto.
Two of the largest crypto’s, Ethereum and crown jewel Bitcoin, are erasing their losses from the past two weeks. In the meantime, Rollblock is unexpectedly soaring in crypto’s trendiest sector. According to experts, its price could see 100x returns this year.
Ethereum’s August Decline Shouldn’t Concern Long-Term Investors
Ethereum hasn’t been immune to the recent market crash, with Ethereum experiencing a volatile 17% downtrend in seven days.
Some crypto analysts are expecting a massive resurgence for Ethereum, especially after the market crash subsides.
As a popular investment in the market, Ethereum remains a solid opportunity for risk-averse investors seeking a conservative 3-20x this cycle. Currently ranging around $2500, Ethereum could reach $3000 in August.
Bitcoin’s Recovery Spells Good News For The Entire Cryptocurrency Market
Despite Bitcoin briefly submerging below $55K, Bitcoin appears to be on the brink of a major resurgence this week. Bitcoin’s positive trajectory spells good news for cryptocurrency and alt-coins in general, as the price action of alt-coins are typically closely correlated with Bitcoin’s.
While it remains to be seen whether this bounce back for Bitcoin will persist amid looming fears of a recession, the bull run is undoubtedly around the corner. Investors who stay calm during periods of market turbulence will be rewarded with immense gains.
Rollblock Could Explode In Value By 800% At Any Given Moment
Rollblock is pioneering the GambleFi space with its innovative play-to-earn casino platform. It is powered by cutting-edge blockchain technology obtained through strategic partnerships with major players in the space. The platform also uses special blockchain technology to ensure the immutability and security of all bets and transactions made.
Joining Rollblock is simple and straightforward. Users can either connect with their crypto wallet or sign up with their email, skipping the obligatory KYC processes of most alternative GambleFi platforms. This lack of friction for entry has partially fueled Rollblock’s rapidly expanding user base, with over 7,000 members joining by stage 5 of the presale.
The platform allows users to play over 150 games. These include casino classics like Poker, Blackjack, and Roulette, as well as new and innovative blockchain games. Moreover, the platform is set to introduce sports betting within its portfolio soon. Users will be able to place bets on major sporting events like the UFC, F1, and the World Cup, adding an extra dimension to Rollblock’s already extensive collection.
Investors are particularly drawn to Rollblock’s unique revenue-sharing model, where up to 30% of the platform’s weekly profits are used to repurchase RBLK from the open market. Half of these tokens are burned, reducing the overall supply and increasing their scarcity. The other half is distributed as staking rewards. This structure incentivizes long-term holding and enhances the value of the RBLK token as investors are discouraged from selling.
The RBLK token is priced at $0.02, with expectations of an 800% price surge following the platform’s official launch in Q4. Early investors will be rewarded with life-changing gains, with potential returns ranging from 50x to 1000x in 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
*This article was paid for. Cryptonomist did not write the article or test the platform.