Last week was a day to forget for Toncoin after Telegram founder Pavel Durov’s arrest in France. The result was a whopping 20% drop that sent the Toncoin price down in the dumps. The incident and the drop that followed have raised concerns about Toncoin‘s future. But amidst the drama lies hope in Rollblock’s value-driven GambleFi proposition. While the once-sturdy Toncoin price loses steam, this new altcoin surged 120% to a new height as its presale amassed a record-breaking $2.6M in just weeks. Is Rollblock the better and safer alternative to Toncoin price‘s precarious situation? Let’s find out.
Toncoin sank 20% after Durov’s arrest in France.
The crypto world was rocked to its core when the news broke that Pavel Durov, the visionary founder behind the ubiquitous social media app Telegram, was arrested last week in France. The arrest of Durov wasn’t random. The French authorities have been investigating Telegram for failing to comply with various regulatory and compliance issues.
But the bombshell news caused a stir that sent a tremor through the Toncoin price. Like a ship struck by an iceberg, the price plummeted and bled nearly 20%. In fact, the market cap dropped nearly $4 billion and shrank from $17.1 billion to $13.53 billion. Unfortunately, this dramatic turn caught many investors off guard. Worse, many are panic-selling off their holdings, exacerbating the downward spiral in the Toncoin price. The price is still reeling from the aftereffect and has declined another 7.5% to $5.36 in the past 24 hours.
New altcoin, Rollblock, surged 120% to a new high with $2.6M raised as investors’ influx rise
The price of Toncoin, which fell after Durov’s arrest, has shone a light on Rollblock’s better and more profitable alternative for Toncoin investors. While the decline rippled across all Toncoin-based projects, Rollblock remained unstoppable with its Ethereum-based cutting-edge revolution for the global iGaming market. In fact, over 10,000 investors have poured in an astonishing $2.6 M and counting in just a few weeks.
The massive recognition Rollblock has received in the past few weeks has pushed the new altcoin past 120% in presale as demand soars. But its sturdy show of potential is no coincidence! Rollblock is a well-established, fully-fledged, and adequately licensed gambling ecosystem—the first of its kind! Its competitive advantage and value-driven propositions within the global iGaming industry’s $500 billion market and its shortfalls were the lure.
With Rollblock, punters now hold the reins! The blockchain foundation gives everyone an equitable opportunity to enjoy transparent, more secure, immutable, and provably fair gaming. But the surprise element is the multitude of passive earning streams. Other factors are the hold-to-earn model and staking opportunities that probably pale in comparison with the deflationary tokenomics set aside to improve value constantly.
Market gurus predict the gambling industry’s goldmine is set to roll past $700 billion annually. Thus, Rollblock’s potential to grow to a billion-dollar asset is as clear as day! Analysts are making bold predictions that the new altcoin will go 100x from its current $0.022 price in stage 5 of its presale. And that’s the lowest it will ever get! So don’t fade the opportunity.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
Source: https://www.crypto-news-flash.com/heres-why-toncoin-ton-is-down-nearly-20-is-this-new-altcoin-a-better-bet/?utm_source=rss&utm_medium=rss&utm_campaign=heres-why-toncoin-ton-is-down-nearly-20-is-this-new-altcoin-a-better-bet