TRON’s (TRX) removal of 12,000 BTC backing its USDD stablecoin has many concerned that it could follow in the path of Terra Classic (LUNC) and head to zero. Fortunately, TRON investors looking to hedge their bets have access to this week’s top altcoin instead. The crypto casino Rollblock (RBLK) is blowing through its presale, and analysts now expect 100x growth out of its upcoming ICO.
Terra Classic: A Lesson for All Stablecoins
The Terra Classic’s price crash from over $100 to effectively zero in less than one week is a lesson for all tokens that rely on stablecoins.
In 2022, Terra Classic failed to maintain the stablecoin peg underlying its transaction model, which led to a cascading crash. The crash was so bad that Terra Classic abandoned its original blockchain and token, renaming them Terra Classic and LUNC, respectively.
The Terra Classic price has been stuck at effectively zero since this crash, with Terra Classic currently selling for $0.00008199.
TRON Exposed to Limited Downside From Any USDD Crash
TRON runs its own stablecoin, USDD, which is backed by both BTC and its own token, TRX. However, the owner of TRON recently removed 12,000 BTC that were used to back USDD, which has many investors worried about the stability of USDD and the potential impact on TRON.
The TRON price remains mostly unfazed by the news of the removal of the BTC. TRON’s price is only down around 2% today, while the rest of the market is only slightly in the green.
Unlike the case of Terra, TRX is not directly reliant on the USDD stablecoin, so any impact on the TRON price from a USDD crash should be limited.
Rollblock’s Presale Takes Center Stage Ahead of ICO
While the TRON price is unlikely to go to zero, investors can still hedge their bets with this week’s top altcoin. Rollblock’s presale is rapidly selling out of its fifth-stage tokens in anticipation of its upcoming ICO.
Analysts and investors alike are enthusiastic about the potential of GambleFi and Rollblock’s revolutionary take on the online casino model. The global gambling industry represents almost $500 billion in annual revenues that are waiting to be taken by the first token to bring blockchain technology to the online casino.
Rollblock’s crypto innovations start the moment players sign up. Instead of a lengthy approval process and expensive currency conversion, players can enjoy 150+ of the latest games immediately using up to 20 different cryptocurrencies.
Rollblock also has its own innovative gambling token that generates revenue and increases in value even without being played. Rollblock uses up to 30% of its casino’s daily revenue to buy its own token back from the market. Half of these tokens are burned to increase the value of RBLK. The remaining half is given out as staking rewards with excellent APY rates to generate income for holders.
Rollblock’s fifth presale stage is selling out at $0.022. Investors are racing to get in before the ICO, as the latest estimates have RBLK set for 100x growth soon after it hits the exchanges.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.