Online gambling is set to grow to $750 billion by 2028 and up until now, no crypto project has managed to properly capitalize on this incredible potential. This is about to change as crypto casino Rollblock is taking the space by storm with its unique framework. The iGaming narrative is ramping up, Rollblock is expected to outperform many established altcoins, like Theta and THORChain.
Theta Bounces By 5% But Its Still Moving Under Bearish Trendline
Theta is a decentralized platform for video streaming. Although the premise is interesting, Theta has been underperforming when compared to the rest of the market. Theta experienced some relief after the Bitcoin sell-off in early July, bouncing back from the $1.25 support level with a 30% increase.
Theta is currently trading at $1.47 with many investors jumping ship and rotating funds in low-cap projects. For now, the 2024 forecast for Theta remains bearish. Theta’s volume has been slowly waning and is currently around $19 million, which is particularly low for a $1.4 billion market cap altcoin.
THORChain Is Up 13% In The Last 24 Hours
THORChain has been one of the best-performing altcoins over the last week. During the Bitcoin correction, THORChain bottomed at around $3.36. Buyers quickly stepped in and powered through the $4.15 resistance level, establishing a monthly high of $4.88.
THORChain holders are bullish as the launch of the RUNEPool protocol is near. This will enhance THORChain’s DeFi capabilities and potentially bring institutional investors into the ecosystem. This could be the catalyst THORChain needs to soar to new highs in 2024.
Rollblock Ready To Enter Price Discovery Mode
Rollblock is a community-driven crypto casino making waves with its unique DeFi-powered revenue-share model. By leveraging blockchain tech, Rollblock aims to solve the issues plaguing the online casino space: lack of transparency, trust, and security. All transactions are easily traceable and immune to third-party manipulation.
The platform is fully licensed and already generates revenue with new active users being onboarded every day. Thanks also to the no-KYC policy, which removes unnecessary friction and ensures complete anonymity, players can immediately enjoy one of the 150 games available with sports betting expected to be introduced soon.
The revenue-share model is where Rollblock shines. Up to 30% of the casino’s weekly revenue will be invested to buy back RBLK tokens on the open market. Half of this amount will be rewarded to holders who stake RBLK, offering some of the highest APY in the space. The remaining half will be burned, creating a series of supply shocks that will drive up the price of RBLK over time.
Stage 4 of the RBLK presale is live, and tokens have already increased in value by 70%, currently selling for $0.0172. Experts believe RBLK could skyrocket by over 800% by the end of the final stage, meaning early investors will be significantly rewarded
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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