Smaller cryptocurrencies continue to battle amid market fluctuations leading investors to seek more stable alternatives. Coins on The Open Network (TON) blockchain have all faced significant declines, including DOGS and Hamster Kombat, leaving investors to consider their options and invest elsewhere. Viral Ethereum token Rollblock is looking to be a solid alternative, already boasting a 200%+ gain in its presale event.
DOGS Price Drops Amid Wider TON Blockchain Decline
The price of DOGS has declined significantly over the past year with a loss of 52.09%. This reflects wider challenges for smaller cryptocurrencies established on The Open Network’s blockchain. As the DOGS price continues to decline (2.14% in the last week and 16.95% in the last month) and no signs of recovery on the horizon, investors are moving their assets elsewhere to hedge against further losses.
Hamster Kombat Faces Similar Challenges With a 0.33% 1-day Loss
Hamster Kombat has also been hit hard by the market downturn that’s affected DOGS. Adding to its 0.33% 24-hour loss, Hamster Kombat has declined 7.49% in the last month and a huge 60.60% in the last twelve. This sharp and significant decline and a recent large airdrop have led many Hamster Kombat holders to sell off their tokens quickly. Many Hamster Kombat holders are now investing elsewhere and Rollblock is gaining traction as a result.
Rollblock Benefits From Toncoin Ecosystem Decline
With tokens like Hamster Kombat and DOGS struggling with market volatility, the same can’t be said for Rollblock and its native RBLK token. This unique GambleFi platform is seeing impressive presale performance.
Built on the Ethereum blockchain, Rollblock combines decentralized finance with an online casino that’s powered by its native RBLK token. With more than 7,000 different gaming options from top developers like Pragmatic Play and Habanero as well as an upcoming sportsbook, Rollblock is innovative in both setup and offering.
Its revenue-sharing model is unique and is attracting a lot of attention. Each week, up to 30% of casino revenue is used to buy back RBLK tokens. Out of these, 60% are burned to create a highly deflationary environment, reducing supply and increasing scarcity (and, therefore, token value), while the remaining 40% is distributed as staking rewards to investors. This dual system effectively rewards players twice and also encourages long-term holding with regular dividends and ROI.
Rollblock is currently 54.71% into the 7th stage of its presale with a price of $0.0315. The 8th stage is approaching quickly and will see a further price rise to $0.035, which represents a 350% increase from its starting price.
Experts are predicting Rollblock to continue gaining significantly in Q4 and into 2025. Already some 16,000 users have registered with a combined investment of over $4.6 million. As DOGS and Hamster Kombat fall, Rollblock continues to rise, encouraging holders to hedge for huge potential gains.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Source: https://www.crypto-news-flash.com/toncoin-ecosystem-declines-as-dogs-and-hmstr-see-prices-drop-investors-are-hedging-with-this-viral-ethereum-token/?utm_source=rss&utm_medium=rss&utm_campaign=toncoin-ecosystem-declines-as-dogs-and-hmstr-see-prices-drop-investors-are-hedging-with-this-viral-ethereum-token