Many top altcoins are stuck in range-bound trading now that the 2024 crypto bull cycle has ended. BNB (BNB) and Ethereum (ETH) were both expected to blast higher but now face stiff competition from new tokens. The biggest new face right now is crypto casino Rollblock (RBLK). This GambleFi rockstar just blew through the sixth stage of its presale and is currently on course for 100x growth before the end of 2024.
BNB Stuck in Range as Exchange Traffic Drops
The BNB price has been trading sideways for months after it originally burst higher at the start of the 2024 bull cycle. With traffic dying down on the Binance exchange, the BNB price is now more likely to drop back down to $500 from its current $600 than rise toward $700 again.
BNB investors will need to wait until the next bull cycle kicks into high gear before they see a breakout from this current range. Only exchange traffic can lift BNB and that means a huge influx of fresh capital into the crypto market is required.
Ethereum Hammered Again by Layer 2 Blockchains
Just as the Ethereum price looked to be recovering from the disastrous spot ETF rollout, it has been hit with a fresh problem. Ethereum’s Layer 2 blockchains are now siphoning off the majority of its revenue.
Ethereum relies on a range of Layer 2 blockchains to support its massive ecosystem but these supporting blockchains are now doing more harm than good.
The Ethereum price is expected to stay subdued below $3,000 until Ethereum developers can rework its Layer 2 blockchain relationships.
Rollblock’s Presale Sellout Sets Stage for 100x Growth
Unlike the stagnant progress of Ethereum and BNB, Rollblock recently blew through the sixth stage of its record-breaking presale. Each stage in this top altcoin’s presale is selling out faster than the last. Investors are rushing to get in on this next-generation crypto casino and the enormous potential of bringing GambleFi to the $500 billion global gambling industry.
Investors are excited about how profoundly Rollblock has transformed the online gambling experience. Online gambling used to be slow, stale and cumbersome. Now people can use 20 different crypto tokens to access more than 7,000 games from anywhere in the world.
Rollblock is adding to this enormous spread of games with a fresh sports betting platform.
Rollblock is expected to repeat its revolution in gaming with its sports betting platform. Bettors will be able to place wagers on almost every sporting event imaginable through the same innovative UX design used in the casino.
Investors are most impressed by Rollblock’s game-changing tokenomics.
Rollblock’s tokenomics sees up to 30% of each day’s revenue pumped back into the pockets of players and investors through open market buybacks. Half of these buybacks are burned to drive up the price of RBLK, and the other half is given out as rewards for staking to generate income.
Analysts now expect Rollblock’s current stage seven price of $0.03 to explode at least 100x higher before the year is done.
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/bnb-and-ethereum-eth-could-face-stiff-competition-as-rollblock-gains-100x-growth-potential-with-another-rapid-sell-out/?utm_source=rss&utm_medium=rss&utm_campaign=bnb-and-ethereum-eth-could-face-stiff-competition-as-rollblock-gains-100x-growth-potential-with-another-rapid-sell-out