October 4, 2024
Cryptocurrency News

Rollblock Set’s Billion Dollar Stake.com Target As Dogecoin (DOGE) and Cardano (ADA) Whales Bet BIG

As demand for DOGE and ADA declines, crypto whales are now looking for fresh investment avenues in new altcoins. Learn why Rollblock (RBLK) is one of the most promising crypto projects where investors are taking out big positions.

Dogecoin could sink below $0.1

Crypto whales and speculative investors have been driving Dogecoin up in the past month. Large acquisitions pushed DOGE’s price up 50% from 0.088 to $0.132.

But traders started taking profit, sparking a fierce selloff that tossed DOGE back to the $0.1 region as the tone of the crypto market turned negative on Oct. 1. If bulls don’t jump in at this level, bears might collapse DOGE to $0.08.

Cardano’s price faces further decline amid diminished interest

Cardano’s price recorded a strong bullish move in the past two weeks when the Fed rate cut boosted optimism in the crypto market. However, the buying interest started to decline around the $0.41 resistance.

Decreased network activity and declining demand for ADA, along with the bearish sentiment in the wider crypto market, are to blame for the increased weakness in price.

The selling pressure pushed ADA down to $0.34, adding to investor fears as analysts predict a further potential decline for Cardano’s price to its yearly low of $0.27.

Rollblock (RBLK) eyes a billion-dollar target

Rollblock (RBLK) ticks all the boxes for an innovative, decentralized gambling platform. This GambleFi protocol exclusively accepts crypto deposits and offers a no-KYC onboarding process for players.

Essentially, the Rollblock hybrid crypto casino features a wide pool of live sports betting events and over 7,000 games that Gen-Z bettors can play and bet on. Moreover, the platform is simple and easy to use: players only need to sign up with an email and connect a wallet to deposit and play with more than 20 cryptocurrencies.

But this iGaming behemoth stands out from the competition for another reason. Among its top competitors, including Stake.com, Rollblock is the only iGaming platform with its own token and a revenue sharing model.

Unlike traditional gaming sites, Rollblock pays a weekly share of its revenues to token holders, and users can earn more passive income, up to 30% APY, through its generous staking program. What’s more, the RBLK token adopts a deflationary tokenomics mechanism through regular token buybacks and burn events, pushing its value and price upwards.

That makes Rollblock a community-driven gambling platform where everyone stands a chance to build wealth in the $540 billion gambling industry by holding RBLK. Analysts believe Rollblock will hit a one billion target soon, giving centralized counterparts like Stake.com a run for their money.

Conservative predictions place profits in the 100x zone as crypto whales bet big on RBLK at the current $0.03 floor price.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.