Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Rollblock (RBLK) is now the biggest name in GambleFi. This top altcoin recently closed stage 4 of its presale after selling more than $2 million worth of RBLK. Investors are dumping their old bets like Kaspa (KAS) and Injective (INJ) in favor of the projected 100x growth for Rollblock in 2024.
Kaspa’s Counter to Proof of Stake Turns to Cashing In at the Top
Kaspa was one of the top gainers this year, with 230% growth. However, Kaspa’s price has reversed 20% this month, suggesting its growth could be slowing.Â
Kaspa rode high this year on the promise of being the only popular Proof of Work blockchain besides Bitcoin. Kaspa has solved many of the speed and scaling issues in Proof of Work, making it ideal for users who prefer security over Proof of Stake blockchains. However, investors seem to believe Kaspa has reached its peak for now.
Dark Horse Injective Finally Joins DeFi Doom and Gloom
Injective’s price rising 93% this year was one of the few bright spots in the otherwise disappointing DeFi sector. However, the Injective price has cratered 37% this month as the DeFi doom spreads to even its best tokens.Â
Hopes were high that Injective’s Altaris Mainnet Upgrade, which launches on August 9th, would be a game-changer for both Injective and DeFi in general. However, investors’ moods have soured on the potential of incorporating Real-World Asset functionality into DeFi, and they are closing their bets on Injective.
Investors Are Dumping Their Old Bets for the Promise of Rollblock
Investors closing their souring bets on Kaspa and Injective are instead looking at GambleFi rockstar Rollblock.
This top altcoin just opened the 5th stage of its presale after selling more than $2 million RBLK. Investors cannot get enough of the enormous potential of the $450 million global gambling industry and Rollblock’s plans to take it all with blockchain technology.
The gambling industry has long been plagued by cumbersome reporting issues, slow transactions, and a lack of transparency. Rollblock is changing all of that with their next-generation crypto casino. Players can log in without KYC checks and get rolling immediately with the choice of more than 150 of the best games in the industry.
Players are already enjoying the crypto sense of community and excitement that Rollblock has brought to the online casino model. Rollblock has a huge social media presence and hosts regular events and giveaways, such as last week’s Paris Olympics prizes.
Rollblock’s most impressive innovation is its generous revenue-sharing program. Rollblock uses up to 30% of the casino’s daily revenue to purchase its own tokens back from the market. Half of these tokens are burned to keep the supply low and the price high. The other half is used as staking rewards with the highest APYs in the industry.
RBLK is selling for $0.02 in the 5th stage of its presale and is expected to increase another 100x before the end of 2024.Â
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasinoÂ
The post Rollblock Blasts Through Stage 4 Of Presale Reaching $2M Mark, Why Are KAS & INJ Holders Pumping The GambleFi Powerhouse? appeared first on TheCoinrise.com.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.