The recent market correction had a negative impact on most altcoins, including well-established tokens like Toncoin and Cardano. However, there were a few exceptions to this trend, such as the newly-launched GambleFi token, Rollblock, which has seen a significant gain of 2.7x this year as it enters stage 7 of its presale. Experts believe that Rollblock could be on the verge of a major breakthrough. Here’s why.
In the second week of September, Toncoin experienced a 30% gain, bringing some relief to its holders. Toncoin had been on a downward trend since the market correction, which caused its gains to drop from its all-time high of $8.25. Over the past month, Toncoin had recorded a 21% loss, but it showed signs of recovery in the past week by surging from $4.55 to $5.84 before settling at $5.50 at press time. This increase in trading volume and price action has given Toncoin holders hope despite the ongoing market correction.
On the other hand, Cardano, which was once highly regarded in the crypto world and reached its peak in 2021, seems to have lost its momentum in 2024. It currently trades at 89% below its all-time highs and has failed to impress compared to other major cryptocurrencies. Many experts view Cardano as a token lacking significant utility, with little happening on the Cardano blockchain in terms of smart contracts and decentralized apps. As a result, investors are shifting their focus to more promising ventures, such as GambleFi, with a considerable number of Cardano holders participating in the Rollblock presale.
Despite the market correction affecting most altcoins, Rollblock has managed to achieve a 2.6x gain, making it one of the few exceptions. This success can be attributed to the progressive increase in token prices during each stage of its presale launch, ensuring that presale investors make a profit even before the token is officially launched.
Rollblock aims to revolutionize the $500 billion online gambling sector with its no-KYC iGaming and GambleFi platform on the Ethereum blockchain. It will be the first decentralized platform to offer casino games, sports betting markets, staking, and revenue sharing all in one place. By tapping into the online gambling industry, Rollblock is poised for significant growth, and even a small share of the market could result in massive gains for its native $RBLK token. With $3.5 million in funding already raised, Rollblock is set for exponential growth in 2024. Investors can participate in the presale at a current price of $0.0027.
Don’t miss out on the exciting opportunities offered by the Rollblock (RBLK) presale. Visit their website at https://presale.rollblock.io/ and check out their socials at https://linktr.ee/rollblockcasino. Tags: ADA, TON.