As Ethereum drags the rest of the market down, Ripple (XRP) and Binance Coin (BNB) march to the beat of their own drums. Meanwhile, top altcoin Rollblock (RBLK) is a lone green rebel in a sea of red as it continues its successful rollout and receives an analyst-estimated bump to 100x growth before 2024 is over.
Ripple Rallies On Legal Relief Despite The Market Downturn
The Ripple price drop of 3% on the day looks good compared to the rest of the market. This Ethereum-driven downturn will have a tough time denting the Ripple price rally of 6% on the week and 25% on the month.
It is surprising that Ripple dropped at all as the specter of its prolonged lawsuit finally fades. After a big win in May, Ripple is expected to finally be free of its legal burdens sometime in late July or early August. After which, Ripple could reach an all-time high.
Binance Coin Burns Keep It Treading Water After Its Early 2024 Rally
The Binance Coin price has continued its long flat trend despite being buoyed on both sides by token burns and Ethereum ETF outflows. However, the Binance Coin price consolidation to $600 over the last few months needs to be considered in the context that Binance Coin is up 140% on the year.
Binance Coin just finished another scheduled burn as it gradually works its way down to its 100 million Binance Coin (BNB) target. This time, Binance Coin burned approximately 1.65 million BNB worth around $1 billion.
Top Altcoin Rollblock’s Focus On GambleFi Sets It On The Path To Limitless Growth
Rollblock’s good fortunes, despite the recent crypto crash, show what can be accomplished by thinking outside the box.
Instead of becoming yet another Ethereum blockchain clone or Layer 2 solution, Rollblock turned its focus to the untapped potential of the $450 billion global gambling industry. The gambling industry is ripe for crypto innovation as it transitions online and grows to $750 billion by 2028.
The first half of Rollblock’s winning formula is its 1st class online casino platform. Rollblock understands that the next generation of online gamblers is demanding a player experience that only crypto can provide. This means seamless and anonymous transactions alongside all the best games in the industry and a cutting-edge UI, all without KYC requirements.
The second half of the formula is Rollblock’s ingenious profit-sharing model. Rollblock is committed to buying its tokens back from the market, using up to 30% of its weekly revenue. These tokens are either awarded for staking on its platform or burned to enforce a constantly diminishing supply.
This combination of both supply and demand pressure means that RBLK is guaranteed to go up week after week, regardless of the rest of the crypto market.
Stage 4 of Rollblock’s presale is ending soon, with the token at a current price of $0.0172. This price is now expected to increase more than 800% during the token’s presale and 100x in 2024 as Rollblock rapidly dominates the global gambling industry.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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