Rollblock’s revenue share model is poised to change online gambling
![Rollblock’s revenue share model is poised to change online gambling](https://crypto.news/app/uploads/2024/03/crypto-news-Is-Vitalik-worried-about-Solana-option02.webp)
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Online gambling drives global market growth at 2.0% CAGR since 2018. Rollblock changes GambleFi with a revenue share model.
Thanks to online gambling, the global gambling market has been rapidly growing, particularly at a CAGR of 2.0% since 2018. Rollblock has significantly contributed to this growth by positioning itself as the first-ever GambleFi protocol with a revenue share model. Regarding the broader market news, this week has seen XRP, SOL, and RBLK emerge as the top market gainers. Let’s take a closer look at the details.
Bulls push Ripple toward yearly highs
XRP has registered an 11% price surge over the past 24 hours, accompanied by a spike in its trading volume from $3.06 billion to $5.15 billion, indicating that bulls are still in control. This performance has pushed XRP over its local resistances and 20% towards its yearly high.
These gains are an extension of last week’s, which XRP has now used to make a 62% rebound from its yearly low recorded earlier this month. Factors such as a recent whale transfer of 150 million XRP to an unknown address have been tied to XRP’s recent price action.
Now trading at $0.55, XRP’s market sentiment is still bullish. However, analysts forecast that it may decline to $0.50 in a correctional move before resuming its bullish trajectory. Besides, XRP is still 84% below its ATH with a High Volatility level of 6.72%.
Solana rallies with Cypherpunk’s backing
SOL is back above $150– specifically trading at $161 as of press time– after plummeting 21% to a local low on July 5. This performance follows a recent statement by Cypherpunk Holdings on the increase of its SOL hodlings, which now total over 63,000 tokens and are valued at nearly $14 million.
The firm also revealed that it is operating a SOL options trading strategy and will run its own Solana validator and stake 49,917 tokens using its own Solana node. Notably, SOL has now outpaced 89% of the top 100 cryptocurrencies with an upside advantage of 543% over the past year.
Despite these gains, SOL’s market sentiment and long-term trajectory remain bullish. Following the SEC’s extension of its decision on the approval of Ethereum ETFs from July 18 to July 23, anticipation for updates on the Solana ETFs is mounting as analysts predict they could be next in line for approval.
Rollblock drives presale with exclusive casino features
RBLK is another token that has emerged as a top gainer this week after surging from $0.0158 to $0.017 over the weekend. It has quickly gained traction as the play-to-earn token of the first-ever online casino that shares its generated revenue with players, making every player a winner.
Aside from its revenue share model, Rollblock has simplified online gambling through its commitment to transparency and user-accessibility. It has combined advanced AI and blockchain technology to provide players with total automation and immutable betting history.
To further build trust, Rollblock prioritizes its routine smart contract audits by SolidProof. It also helps players retain their anonymity by requiring no KYC processes and exclusively accepting cryptocurrencies. These features have set it apart from other online casinos, pushing tons of investors into its presale.
The presale has now raised almost $1.2 million and is speeding through Stage 4. Consequently, there may not be much time left to purchase RBLK tokens at $0.017. Besides, experts believe the tokens could trade up to $0.1 at launch, over a 500% increase from their current price!
Conclusion
XRP, SOL, and RBLK have all made big price moves of late, with projections of further upside in the coming weeks, but Rollblock’s public presale has presented the best opportunity for investors to maximize their potential returns with enticing incentives.
For more information, visit the Rollblock presale website or join the online community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.