As Q3 begins, Rollblock (RBLK), Ethena (ENA), and Ripple (XRP) are racing to see who hits the $1 mark first. Leveraging the $450 billion casino industry and making its fourth all-time high this month, experts tip Rollblock (RBLK) to quickly surge 100x this year to the dollar range past the two. Here’s why.
Ethena (ENA) at Critical $0.371 Support
A 200% price drop over the last month and a current 4h-MACD crossing above baseline is a rather bearish development for Ethena (ENA). This is confirmed by its current $0.4563 price already testing the $0.371 critical support four times, with Ethena’s volume down 2.08% in the last 24 hours.
On top of that, the Ethena (ENA) team is currently facing a hack on their Discord with malicious links. All of this could empower bears and propel Ethena price action further downwards toward its initial presale prices. With this in mind, Athena could drop as low as $0.35.
Ripple (XRP) Tumbles 5.81% in a Day
Ripple (XRP) crashed 6.15% on Thursday due to a change in its SEC meeting, which was unexpectedly postponed. Despite this crash, Ripple’s trading volume has remained stable, with a 0.41% decrease.
Ripple (XRP) is still struggling to build momentum. Current trends point to more bearish days ahead despite the 13 days of consistent green candles prior. As a result Ripple could drop below $0.50, with Ripple currently trading at $0.60
Rollblock (RLBK) Sells Out Stage 3 of its Presale
Rollblock’s (RBLK) new iGaming ecosystem is designed to close the divide between centralized and decentralized casinos. The project uses blockchain technology to offer greater transparency, effectively making bets permanent and immutable once placed.
The Rollblock (RBLK) ecosystem is already disrupting the $450 billion a year gambling industry and experts believe it could become a leading altcoin by the end of 2024.
Another reason Rollblock (RBLK) is outpacing altcoins like ENA and XRP is because of its revenue-sharing model.
Rollblock (RBLK) shares up to 30% of its weekly revenue with holders of its native token, $RBLK. To achieve this, Rollblock buys $RBLK from the open market using its casino revenue.
A burn mechanism then effectively removes half of the bought tokens to increase scarcity. The remaining half is provided as high APY staking rewards to incentivize $RBLK ownership.
Over the next few months, Rollblock (RBLK) will also soon add sports betting to its network with markets like soccer, NBA, golf, tennis, NFL, Formula, and boxing.
This, coupled with its live, revenue-generating, and licensed casino featuring over 150 games leads experts to believe the token will 100x in 2024. Investors can buy the token super cheap at $0.017 during stage 4 of 12 in the presale, the lowest price it will ever be!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website:https://Rollblockpresale.io/ Socials: https://linktr.ee/Rollblockcasino
The post Rollblock (RBLK) Outpacing Ethena (ENA) And Ripple (XRP) In The Race To $1 appeared first on Crypto News Land.