Crypto whales are constantly on the lookout for upcoming tokens to stack in their portfolio. One such token is RollBlock (RBLK), a new altcoin that has even attracted investors holding major cryptocurrencies like Bitcoin (BTC) and Cardano (ADA). Analysts predict Rollblock could be the best altcoin to invest in before it becomes a 100x token.
Bitcoin (BTC) Investors Voice Concerns As Bitcoin Struggles To Reserve Gains
Bitcoin (BTC) has been on a rollercoaster over the last 30 days, going from a $50,000 trading price to hitting a two-week high at $65,000. Bitcoin is now trading at $64,000, a slight drop in the last 24 hours. Analysts monitoring Bitcoin’s price movements have noted that Bitcoin could be facing another price retracement, wiping off all the recent gains. Some investors are expecting Bitcoin to rise after its next retest, while others are skeptical about Bitcoin (BTC) passing the $70,000 price point.
Cardano (ADA) Price Drops By 1.5% Amidst 7-Day Surge
Cardano’s (ADA) price has just dipped in the last 24 hours and Cardano is now trading at $0.3819. This price is higher than Cardano’s earlier $0.29 price point in August but still much lower than Cardano’s $0.74 price in Q1. As a result, Cardano investors are bearish about the token.
Cardano’s price chart shows that Cardano struggles to successfully retest the $0.40 resistance and on-chain data shows that only 22% of Cardano investors are currently in profit. As a result, investors have shifted their focus to newer promising altcoin like RollBlock to regain their profits.
RollBlock (RBLK) Attracts Whales With Its Plan to Dominate $450 Billion Gambling Industry
Rollblock (RBLK) is an upcoming GambleFi protocol on the Ethereum blockchain that has gained the attention of whales holding top cryptos like Bitcoin (BTC) and Cardano (ADA). Analysts have attributed Rollblock’s quick rise in the crypto industry to its utility in the $450 billion gambling industry and potential for investors looking for long-term growth.
Rollblock uses blockchain technology to secure bets placed in the casino. Its transparency and security has attracted thousands of users from other iGaming platforms to play over 100 games available in the casino. Rollblock also differs from other online platforms by offering $RBLK tokens as rewards for user activity in the casino. Users can stake these tokens for more rewards or withdraw their earnings as crypto or fiat.
Whales are attracted to Rollblock due to its revenue-sharing and token burning model. Rollblock splits up to 30% of its casino profits as rewards for token holders and uses the rest to buy back and burn RBLK tokens from the open market to increase scarcity and token value. This assures crypto whales of consistent growth and rewards from the billion dollar industry.
Rollblock is now trading at $0.022 in stage 5 of its presale. Analysts predict Rollblock is on its way to a $1 price and will become a 100x token in the coming months.
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Source: https://www.crypto-news-flash.com/market-analysts-predict-800-growth-for-new-erc-20-token-drawing-focus-from-btc-and-ada-whales-alike/?utm_source=rss&utm_medium=rss&utm_campaign=market-analysts-predict-800-growth-for-new-erc-20-token-drawing-focus-from-btc-and-ada-whales-alike