Recent events affecting major cryptocurrencies, including Dogecoin (DOGE) and Cardano (ADA), have again highlighted the cryptocurrency market’s volatility. As the market undergoes a major correction, Cardano (ADA) was hit by a DDOS attack, and Dogecoin (DOGE) is witnessing an even steeper decline.
Despite these downturns, Rollblock (RBLK) has emerged as a favorable alternative for investors looking for substantial gains. Among all GambleFi tokens to be introduced in the DeFi market, Rollblock (RBLK) is a standout project, and analysts predict that Rollblock could surge by 100x in the next few weeks.
Cardano (ADA) Suffers Major DDOS Attack
The major DDOS attack on Cardano (ADA) blockchain last Tuesday flooded its network with excessive traffic. New concerns about Cardano’s security and resilience surfaced after this temporary disruption, which was quickly resolved by developers.
Despite Cardano’s (ADA) reputation for strong security measures, the attack highlighted vulnerabilities to be addressed as investors look for stable and safer alternatives for their portfolios. Cardano (ADA) has continued with seasons of growth and decline over the week, with Cardano’s price alternating between $0.367 and $0.397.
Dogecoin (DOGE) Plummets In Bear Market
Dogecoin (DOGE) has fallen by 2.8% in the last 24 hours, according to Coinmarketcap. The meme coin, built on community engagement, has struggled to maintain an upward trend despite the recent recovery wave.
After attempting recovery in Q2, DogeCoin (DOGE) faced resistance at $0.1285. Dogecoin’s lack of a strong framework and technological advancements to support Dogecoin’s $DOGE) growth has made investors more cautious. If Dogecoin (DOGE) continues to fail during its recovery phase, investors could see an even steeper decline in Dogecoin’s (DOGE) price, causing many investors to sell their holdings altogether.
Rollblock ($RBLK) Gains Momentum With its DeFi Casino Launch
Rollblock (RBLK) is the world’s first play-to-earn token and is predicted to quickly become a strong competitor in the cryptocurrency and GambleFi markets. Rollblock positions itself to dominate the $540.3 billion global gambling industry by offering users the chance to play traditional table games without facing the trustworthiness and transparency issues seen in traditional online casinos.
Using blockchain technology, Rollblock protects user’s transactions, giving them peace of mind while placing bets. This increased transparency and security creates a strong upward potential that attracts investors to the platform.
Rollblock (RBLK) also opens its doors to millions of users globally by removing the KYC requirement to sign up. Unlike traditional casinos, Rollblock only requires users to connect their wallets or submit an email address. Rollblock is also compatible with over 20 major cryptocurrencies, including Bitcoin and Ethereum, creating more opportunities for users on the platform.
The native RBLK token plays an important role in the Rollblock ecosystem. Rollblock offers RBLK as a reward for players’ activities, and investors can stake their tokens for additional rewards.
Rollblock introduces a revenue-share model to grow its community, incentivize token ownership, and maintain price stability in the volatile market. Rollblock commits up to 30% of the daily casino profits to repurchase RBLK tokens from the open market and burns half of these tokens to maintain scarcity and market value. The remaining half is then shared among token holders who stake their coins.
Rollblock’s appeal to investors in the current crypto market is evidenced by over 90 million tokens being sold within a month in the ongoing presale. Currently in stage 3 of the presale, Rollblock price sits at $0.0145 and is predicted to keep rising during the launch. With a fixed supply of 1 billion RBLK and only 60% dedicated to the presale, experts suggest that investors who purchase RBLK tokens could see up to 100x gains during the launch.
Rollblock is also prepared to withstand economic and regulatory factors that have affected altcoins in 2024. Built on a platform that strictly adheres to gambling and online gaming regulations, Rollblock can avoid potential economic setbacks and remain on a positive trajectory when other coins fail. This wide array of benefits and innovative income streams have led analysts to predict that $RBLK could not only soar 100x in 2024 but become a top altcoin in the process.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.Rollblock.io/
Socials: https://linktr.ee/Rollblockcasino
