A recent trend has emerged in crypto that has seen investors in layer 1 chains such as Tron and Avalanche take profits to make an allocation to the incredibly promising Rollblock ($RBLK) presale, as this crypto casino looks set to disrupt the enormous online gambling space. Find out what has made industry analysts so confident in their 100x price predictions this cycle.
Tron ($TRX) Founder Sun Takes To X To Set The Record Straight
Tron has fallen 1.7% in the last 24 hours to reach $0.16. In the last 30 days of trading, Tron has added 5% to its market cap, although Tron’s price action ran into difficulty above $0.17, where it was met with severe selling pressure from Tron whales.
Tron founder Justin Sun recently chimed in on the exchange listing fee controversy, tweeting that Coinbase required an $80 million deposit for listing Tron. Having such a vocal chairman at the helm is largely bullish for the Tron ecosystem, as many of the biggest Tron meme coins launched this summer were based around its founder, such as Sundog.
Avalanche ($AVAX) Lives Up To Its Name With A Slide From $26
Avalanche has had a challenging week of price action, falling 12% in the last 7 days to hit $23.3. Avalanche reacted strongly to the recent Bitcoin dip, falling from $26.5 in a relentless downward channel.
Some short-term relief could come for Avalanche holders in the form of a recently announced Grayscale fund that aims to be the first US multi-crypto ETF. This would include exposure to top digital assets, including Bitcoin, Ethereum, and Avalanche. If approved, the floodgates would be opened for massive institutional adoption of the Avalanche chain, which could propel Avalanche beyond $40 due to the increased buying pressure.
Rollblock ($RBLK) On-Chain Betting Drawing In Millions In AUM
Rollblock ($RBLK) is taking the existing gambling experience and updating it for the Web3 generation. Part of the reason that Rollblock has seen nearly $5 million of investment in only a few short months is its plan to bring transparency back to the $450 billion online gambling market.
All casino transactions are now verifiable on-chain, as everything is encrypted anonymously onto the Ethereum blockchain for all time. The Rollblock platform is currently live and offers over 7,000 fully immersive casino classics, including poker, roulette, and slot machines.
The RBLK token is set to become a long-term hold for crypto gaming investors thanks to its innovative tokenomics, which will see up to 30% of casino profits used to buy back the token on exchanges each week.
60% of these will be destroyed straight away, reducing circulating supply, with the remaining tokens allocated to stakers. In this way, the Rollblock community will benefit while the price smashes its way up the crypto rankings this year.
Holders of Tron and Avalanche should waste no time making an allocation to this future DeFi casino giant while the discounted RBLK price of $0.033 still stands. For a limited time RollBlock Tokens are available with a Bonus, providing the perfect opportunity to acquire $RLBK!
