The crypto market is in a slump as uncertainty is turning into fear. Ondo and THORChain have breached significant support levels and investors are on the lookout for alternatives to cut their losses. Some of them are rotating capital into undervalued, low-cap projects such as DeFi casino Rollblock. Rollblock’s massively successful presale has been turning heads as it just crossed the $3 million mark in raised funds.
Ondo Sees Some Relief
Ondo has been caught in the market-wide correction and plunged by 8.9% in a week, currently selling for $0.58. Ondo peaked at $1.48 in March, and since then it lost more than 60% in value. Analysts, however, believe that Ondo could soar again once the market regroups, as its fundamentals tap into the budding industry of tokenized real-world assets.
Ondo is set to capture a large portion of this market with its infrastructure focused on providing institutional-grade solutions to enterprises. Since its launch in early 2024, Ondo has amassed a significant sum of $600M in Total Value Locked (TVL), raising the bar in the RWA space.
THORChain Reclaims Higher Bottom
THORChain experienced a v-shaped recovery after briefly tapping the $3.29 support. This is where demand for THORChain was high and buyers stepped in, bringing the price back to the $3.54 range. At a $1.18 billion in market cap, THORChain ranks 55th on the crypto leaderboard, noteworthy is the uptick in volume, showing a 64.8% intraday increase with $117 million traded.
THORChain’s liquidity fees surged by 71% to $744,800. Despite this, activity on THORChain is increasing, with more than 510,000 unique users, a 41% increase since the start of 2024
Rollblock Disregards Adverse Climate, Soars To New ATH
Despite the bearish sentiment that has gripped the market, Rollblock’s community-backed casino boasts a rapidly growing user base with more than 12,000 players who have already joined the no-KYC, transparency-focused platform.
Over 150 titles are immediately available upon signing up, ranging from casino classics to AI-enhanced games. Individuals just need to connect their crypto wallet to access all that Rollblock has to offer
Blockchain technology is the backbone of Rollblock’s platform, which ensures transparent, tamper-proof transactions with high-end security measures.
Users also have the option to earn passive income thanks to the novel revenue-sharing model. Every week, the casino spends up to 30% of its revenue to purchase RBLK tokens. Half of this amount is redirected towards users as staking rewards. The remaining half is burned, creating the perfect deflationary environment for massive price rallies.
Stage 6 of the presale is live and selling out fast. RBLK sells for just $0.025 and an 800% surge is expected by the end of the final round of the presale.
With crypto gaming gearing up for a comeback and major exchanges listing RBLK in the upcoming months, analysts expect a 100x multiplier in 2025 when the bull market ramps up. Investors who get involved today are in for incredible gains. Take action now!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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