Rollblock aims to outperform ADA, AVAX, and MATIC this year
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Rollblock (RBLK) is poised to outperform ADA, AVAX, and MATIC in 2024, capturing attention with its unique blockchain-powered gambling platform.
Avalanche (AVAX) has displayed bullishness on the charts, as it conducted a strategic partnership with VOTTUN. Moreover, Polygon (MATIC) recently published the State of Polygon June 2024 report, in which they went over how PoS, zkEVM and CDK emerged as top choices for defi builders. Cardano (ADA) is at a downtrend however, as traders are turning to Rollblock (RBLK), which is poised to outperform all three altcoins in 2024. To see if this is the case we will go over their on-chart performance.
Avalanche price down 13%
Avalanche (AVAX) conducted a strategic partnership with VOTTUN which could increase the utility of its crypto. Specifically, VOTTUN is now integrated on top of the network and provides developers with benefits when building on top of the ecosystem which can potentially increase the Avalanche crypto demand.
Based on the on-chart metrics however, the Avalanche price is at a downtrend especially as it’s dipped 13% within a week. Since then, the AVAX crypto found support at $32, but needs to pass the $40 price barrier to reach new heights. According to the Avalanche price prediction, it can end 2024 at $53.11.
Cardano crypto dips 10%
Cardano (ADA) is at a downtrend, as according to the on-chart metrics its dipped by 10% in t he past week. Specifically, the Cardano crypto initially jumped to $0.4874, but has since dipped in value to $0.41 where it now sits.
For the Cardano price to reach new heights, it will need to regain the attention from bulls, but the RSI and MACD data points are solid and this is plausible to happen. According to the Cardano price prediction, it can end Q4 of 2024 at $0.64.
Polygon bearish on the charts
Polygon (MATIC) also experienced a slight uptick in volume, as Polygon PoS, zkEVM and CDK have emerged as top choices for defi builders according to the latest State of Polygon report.
All of these aspects can contribute toward increased demand for the Polygon crypto and can potentially drive its value further upwards. According to the Polygon price chart, the crypto has risen to $0.73 at its highest level, and at this rate is poised to reach new heights. According to the Polygon price prediction, the furthest point it can reach by Q4 of 2024 is at $1.04.
Rollblock: A disruptive force in blockchain-powered gambling
Rollblock (RBLK) is seen as unique within the altcoin space and represents a paradigm shift within the online gaming industry. By leveraging blockchain technology, RBLK empowers a fully operational and licensed online casino platform boasting demonstrably enhanced functionality and transparency. This translates to a superior user experience compared to traditional online casinos, which are often mired in legacy infrastructure and lack transparency.
Specifically, RBLK is strategically positioned to capitalize on the burgeoning GambleFi market, projected to reach a staggering $744 billion by 2028. This move is underscored by its established platform, granting it a crucial first-mover advantage. Furthermore, Rollblock caters to privacy-conscious users as it completely eliminates Know Your Customer (KYC) checks ensures anonymity, a feature likely to resonate with a specific demographic within the cryptocurrency space.
The project’s ingenuity is further accentuated by its unique revenue-sharing model. Up to 30% of casino profits are strategically allocated toward a token buyback program, fostering token scarcity. This is because half of the repurchased tokens are permanently removed from circulation through a burning mechanism, further amplifying potential price appreciation. The remaining half is distributed to those who stake their RBLK tokens, solidifying a commitment to rewarding long-term investment.
During Stage 3 of the presale, RBLK trades at $0.014. It has increased in value by 40% with the presale having raised over $750,000 so far, with the potential to pass the $1 million mark by the end of the month. With over 3,000 registered users and massive momentum, analysts are projecting a 100x increase following its listings on major exchanges.
Conclusion
Avalanche, Cardano and Polygon have all displayed slight bearishness on the charts, and this marks an entry point for Rollblock which can pass them in growth. It represents a compelling proposition for those seeking exposure to a disruptive force within the GambleFi market.
To learn more about the Rollblock presale, visit the official website and the socials.
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