Investors are shuffling their crypto holdings as the market continues to lurch up and down from week to week. Cardano (ADA) and XRP (XRP) are getting dumped in favor of GambleFi’s top altcoin, Rollblock (RBLK). Investors are racing to get in ahead of Rollblock’s massive stage seven price increase to $0.03 and the eventual run up to $3 before the end of 2024.
Cardano Slides as Market Concentrates in Top Utility Tokens
Cardano has faced continued headwinds lately as the market for utility tokens concentrates in Ethereum and Solana. The Cardano price is down another 4% today, which drags its annual gain down to only 30%.
Cardano’s price of only $0.33 touched highs of almost $0.80 a few months ago. However, the rapid rise of Solana has come at the expense of Cardano and other smaller utility tokens.
Investors are losing hope in a rebound for Cardano and moving on to better prospects instead.
XRP Fails to Fulfill DeFI Promise Yet Again
XRP’s price is also down today, but only by 2%. However, this latest downturn in XRP’s price is rapidly eating into its 8% gain this week, and investors are giving up on the promised rally.
XRP was expected to finally fulfill its years-long promise of rapid growth fueled by cutting-edge DeFi technology. However, even with XRP’s legal woes coming to an end, it looks like the promised rally is failing to materialize once again.
Rollblock to Reap the Reward as King of GambleFi
Rollblock recently announced a 15% increase for its upcoming stage seven price in its viral presale. This guaranteed gain has been the deciding factor for many investors to dump their bags in losing tokens and finally get in on the meteoric rise of GambleFi’s top altcoin.
Rollblock’s earliest investors are already up almost 200%, and the rate of price increases is expected to accelerate even further going forward.
Rollblock has been able to hike prices into rising demand thanks to its position as the unrivaled king of the GambleFi sector. The global gambling industry is currently worth $500 billion in annual revenue, and this number is expected to grow to $750 billion by 2028 as the industry transitions online.
While online gambling is currently boring, stale and inconvenient, Rollblock’s crypto casino is changing all of that with the use of the latest blockchain technology. Instead of red tape, wait times and gouging fees, players can hit the tables from anywhere in the world on more than 7,000 games and using 20 different crypto currencies.
Rollblock has also changed the game with its revolutionary revenue-sharing model.
Rollblock conducts daily buybacks using 30% of the casino’s revenue. 50% of the buybacks are burned immediately to drive value for RBLK, while the remaining 50% of the tokens are awarded for staking with some of the best APYs around.
Rollblock’s current stage six price of $0.026 is set to increase to $0.03 in the next few days and $3 by the end of 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Source: https://blockchainreporter.net/cardano-and-xrp-holders-shuffle-their-crypto-pack-and-bet-big-on-the-new-gamblefi-rising-star/