Arbitrum and Ethereum investors are shifting their attention to a hot new altcoin that’s making waves in the GambleFi sector. Rollblock, currently in its 6th presale stage, is trading at $0.025 and has already raised $3 million. With September returns hitting 150%, Rollblock is poised for significant growth. Many believe this altcoin could surge 100x in 2024.
In this article, we’ll explore what’s fueling Rollblock’s momentum and why it’s capturing the attention of major investors.
Arbitrum’s price decline: Analyzing recent market trends
Arbitrum’s recent price movement shows a decline, dropping by 3.58% to $0.4981. The past week’s chart indicates fluctuations, with the price peaking around $0.54 before experiencing a downward trend.
Arbitrum’s market cap stands at $1.739 billion, and the fully diluted valuation (FDV) at $4.973 billion, suggesting some market volatility and investor caution. This decline reflects the broader market sentiment and potential profit-taking by investors.
With Arbitrum’s price facing pressure, holders are exploring new opportunities, turning their focus to the emerging GambleFi protocol, Rollblock, for better returns.
Ethereum’s fee model under fire: Analyst warns of “death spiral”
Frederic ‘Fred’ Krueger, an analyst, is deliberating if the world’s largest altcoin, Ethereum, is plunging into the realm of death spirals, due to an explosive tumble in its daily revenues, down more than 90% year-to-date on the open markets in 2024.
He claims that the model of Ethereum network fees is broken and can’t reasonably support a valuation of the network. According to Krueger, each day, Ethereum receives a fee of $200,000 which works out to about $73 million per year. This is not enough for Ethereum because these numbers represent total fees, not profit or revenue.
Ethereum investors have taken Krueger’s analysis to heart and have started migrating to the hot new altcoin, Rollblock to gain 100x in 2024 among other exciting benefits.
Arbitrum and Ethereum investors flock to hot new altcoin delivering 150% returns in GambleFi
If you’ve been keeping an eye on the GambleFi sector, you might have noticed a buzz around Rollblock, a new altcoin that’s making waves—so much so that even seasoned Arbitrum and Ethereum investors are starting to take notice. Imagine seeing your investment surge by 140% in just September. That’s exactly what’s happening with this hot new altcoin, and it’s not just the impressive gains that are drawing people in.
Another hallmark of Rollblock is the no-KYC format and the lack of information-sharing requirements. All you need is an email. There’s no need to jump through any hoops. But what really catches investors’ attention is Rollblock’s revenue share model. As a token holder, you’re not just sitting on potential gains; you’re getting a direct share of the casino’s profits. It’s like having a stake in the house, making this altcoin not just an investment but a potential income stream.
Plus, the platform offers better liquidity provision and more competitive odds than you’ll find on most other casino platforms, whether they’re centralized or decentralized. It’s this mix of cutting-edge tech, strong economic incentives, and a real commitment to user privacy that’s making this new altcoin such an attractive option for investors like you who are looking to make substantial returns in the GambleFi space.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Source: https://www.crypto-news-flash.com/arbitrum-and-ethereum-investors-redirect-focus-to-an-altcoin-achieving-140-returns-in-september/?utm_source=rss&utm_medium=rss&utm_campaign=arbitrum-and-ethereum-investors-redirect-focus-to-an-altcoin-achieving-140-returns-in-september