Following recent market turbulence, investors are exiting Avalanche (AVAX) and Polygon (MATIC) and turning to the stability of GambleFi instead. GambleFi’s top altcoin, Rollblock (RBLK), remains unfazed by the market and is projected to grow 100x in 2024.
Avalanche’s Slide Into Irrelevance Continues
The Avalanche price drop of 11% during this week’s market rout took it to a total monthly loss of 18%. Avalanche’s price is still up 70% on the year, but Avalanche has already fallen from a high of $60 to a current low of $20 with no sign of stopping.
Avalanche is getting crushed by the rise of Solana as the 2nd top destination for Smart Contracts and dApps. Users are pouring into Solana and Ethereum to reap the benefits of larger ecosystems, leaving small blockchains like Avalanche on the slow road to zero. As a result, many investors are jumping boat before Avalanche sees additional declines.
Polygon’s Layer 2 Blockchain Solution Idles After Ethereum ETF Flop
The Polygon price dropping 22% this week brought Polygon close to a 20% decline for the month. This brings the total Polygon price drop for the year to almost 40%.
Polygon’s Layer 2 blockchain scaling solution was supposed to be in high demand after the Ethereum ETF launch. However, when Ethereum cratered, and the extra demand for Smart Contracts and dApps never materialized, scaling solutions like Polygon started to dive toward zero. With native scaling solutions coming online for Ethereum, the outlook for Polygon is bleak.
Rollblock Remains Island of Green in Sea of Red
Rollblock has been an island of stability in choppy crypto waters. Rollblock’s focus on the untapped potential of the $450 billion gambling has left experts with two questions: how high can it go, and how quickly can it get there?
Traditional online gambling has lost the confidence of its users, with thousands complaining about unethical practices, but Rollblock’s crypto casino is changing this. Analysts expect Rollblock to grow exponentially as it takes market share from traditional online casinos and introduces a whole new generation of players to the potential of GambleFi.
Rollblock is adding 1,000s of new players each week as they enjoy the convenience, excitement and community that only crypto can bring.
Rollblock currently has over 150 of the best games in the industry and plans to introduce the world’s first DeFi sports betting platform. Rollblock also hosts a steady stream of events and giveaways, like its massively popular Paris Olympics event.
Rollblock’s biggest draw is its gambling token which generates value through buyback and burns. Rollblock funds these operations with 30% of its daily revenue, which is used to buy $RBLK from the open market. Half are allocated to burning, and the other half are allocated to staking.
Rollblock has just entered stage 5 of its presale at $0.02. Early adopters have already seen 100% returns and analysts expect RBLK to at least double again before the end of the presale. Once the presale is complete and the ICO goes live, RBLK’s price is expected to increase by 100x!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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