With the global crypto market cap reducing by over 0.34%, the altcoin market is once again proving that it can go from good to bad at any point in time. However, amid these occurrences, some tokens still prove their resilience. This time around, Ripple (XRP) coin reportedly sold 150 million XRP tokens, a move that could potentially reduce the native coin’s value. While Cardano (ADA) token is also reflecting similar sentiment, investors are forced to hedge with new market entrants like Rollblock (RBLK), a new online crypto casino maintaining an uptrend having recently surged by over 40% from its initial presale price.
Ripple Token Risks Devaluation As They Sell Massive Token Supply
Despite having an ongoing feud with the SEC which has lasted since 2021, Ripple (XRP) coin is still largely considered a huge investment choice in the altcoin market. Recently, the crypto coin sold 150 million XRP, worth $78 million, from its reserves in June which represented 0.25% of XRP’s $29.25 billion market cap at $0.52 per token.
According to experts, this sale has the tendency to impact the price of Ripple and its market dynamics due to the significant amount sold. Although Ripple coin has been in a long consolidation with no major bearish signs in the past couple of months, there is still hope for a strong rebound in due time.
Rollblock (RBLK) Is Showing Incredible Presale Growth Signaling As The Next Best GameFi Token
Due to a very easy-to-access and unique revenue share model for all users, the Rollblock (RBLK) token is positioned to rank among the best crypto crypto to buy for substantial gains this year. Meanwhile, having raced into the third presale stage, the native $RBLK token has increased by over 40% from an initial price of $0.01 to $0.014.
As already highlighted, Rollblock’s unique revenue-share concept is one of its major attractions– one that could bolster its adoption rate as investors are bound to join this interesting and rewarding mechanism. Rollblock dedicates up to 30% of its weekly revenue from its online casino to repurchase RBLK tokens from the open market, with half of these tokens burned to ensure scarcity while the other half dedicated to staking rewards.
Interestingly, this revolutionary earning model could signal Rollblock as the best crypto to invest in. However, that’s not the crux of the platform; Rollblock takes its platform services up a notch by leveraging blockchain technology to address major issues in the gambling industry. In addition to incorporating crypto payments, Rollblock also provides a secure, transparent, and user-friendly platform where over 150 games are currently featured and available for engagement. By using blockchain technology Rollblock is solving a number of key issues that have plagued the gambling industry for years.
With Rollblock already trading at $0.014 per token in the current presale stage, early investors have seen substantial return on investment. Meanwhile, there are projections of a significant price surge by the end of the presale, and with the global online gaming market expected to surpass $744 billion by 2028, Rollblock is definitely a crypto investment worth considering.
Cardano Price Trajectory Suggests a Potential Rebound May Be Possible
As a strong contender on the list of top 20 cryptocurrencies by market cap, Cardano (ADA) is also held in high hopes of rebounding despite the unfavorable trajectory it has been experiencing lately.
Meanwhile, the top crypto coin just recently fell below its support price of $0.46 after declining by less than 2% in the past week, signaling more bearish momentum as the native ADA token. However, considering that Cardano token has maintained over 75% rise year-to-date, holders still have potential for the token ranking as one of the best cryptos to buy this year.
Can Rollblock Rank Among the Best Crypto Coins To Invest In Alongside ADA and XRP Tokens?
Rollblock represents a vast platform, housing over 150 casino gameplays, meaning there is an abundance of opportunities in a $450bn a year market that is growing faster than most. This factor alone stands as a solid potential for its longevity in the gaming and DeFi market, potentially offering significantly higher gains compared to the likes of Cardano (ADA) and Ripple (XRP) tokens. Some analysts even predict that Rollblock could 50-100x in 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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