This new altcoin has experts comparing it to Solana
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New altcoin Rollblock gains attention, with over $10m raised and over 45,000 users, sparking comparisons to Solana’s rise.
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Just a few months ago, this new altcoin wasn’t even on most people’s radar. But now, it’s getting compared to Solana, with a big jump in value that’s caught everyone’s attention. SOL hit a new all-time high of $294.33 on January 19th, but it faced a bit of a dip, leaving analysts wondering if it could push past some key resistance levels.
While things are still a bit uncertain for SOL, there’s a lot of hype following this new altcoin, Rollblock. This project is creating waves with its DeFi-powered iGaming platform. Having raised over $10m in its presale, it’s been attracting a lot of attention, with its user base growing past the 45,000 mark.
Rollblock is the new altcoin to break records
Rollblock (RBLK) is on fire right now. In just a few months, it’s raised over $10.3 million in its presale, and it’s only at Stage 10 with tokens priced at $0.053. So, what’s all the excitement about?
Well, Rollblock is getting into the $500 billion online gaming world, an industry that’s had its fair share of sketchy stuff over the years. But here’s the twist: they’re using DeFi to make it all safer and more transparent.
On top of that, there are over 7,000 games here and a fresh sports prediction league. Plus, the Ethereum blockchain backs every transaction on the platform – players are safe from scams. And it’s already paying off, too, with $1.75 million in bids just in December.
But what really makes Rollblock stand out is its deflationary token system. Each week, up to 30% of the platform’s revenue goes toward buying back RBLK tokens, burning 60% of that to cut down the supply. The rest? It’s given back to the community through staking rewards.
Experts are hyped about a potential supply shortage, which could send the price of RBLK skyrocketing to $1 when it hits major exchanges later this year.
Solana needs to break key resistance levels
Solana has come​ a long way since November 2020, when​ іt was worth less than $1. Now, it’s one​ оf the top five cryptocurrencies with​ a market cap​ оf about $94 billion.​ It had​ a massive run, hitting​ an all-time high​ оf $294​ оn January 19th after​ a 200% surge.
But if we look at Solana in the last 30 days, it’s showing stable performance, down by only 0.24%. However, the real drop is seen in the last week and some experts are worried it might dip below $190. Others still think it could bounce back.
While a jump from $200 to $260 isn’t out of the question, some analysts are a little cautious. This has been fueled even more by the drop in market cap lately.
Conclusion
While Solana is still trying to break through some key resistance levels, Rollblock is definitely catching people’s attention. This new altcoin is growing fast, raising over $10.3 million in its presale and seeing its user base grow by the day.
With its unique DeFi-powered platform and token system that rewards the community, Rollblock has big potential for 2025. As Solana faces some uncertainty, Rollblock could be the altcoin to watch, with experts predicting major gains once it hits the bigger exchanges later this year.
To learn more about Rollblock, visit the website and socials.
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