December 18, 2024
Cryptocurrency News

Solana Transaction Volume Drops By Over $6 Billion, SHIB Burn Rate Soars, Rollblock Unveils Major Update

While Solana has experienced a short-term decline in trading volume, and Shiba Inu is amping up its token burn schedule, the promising Rollblock ($RBLK) presale continues to go from strength to strength as it showcases a brand new sports betting feature.

Solana ($SOL) Volume Falls Away As All-Time High Approaches

Solana is currently consolidating just under its all-time high at $245 after a reduction in the amount of Solana traded on exchanges was detected on-chain recently. Solana’s 24-hour trading volume declined by over $6 billion today as traders are perhaps wary of entering positions after Solana’s mammoth 54% monthly candle.

Solana has been attracting huge numbers of traders on decentralized exchanges recently, with its DEX volume hitting over $7 billion last month, surpassing Ethereum and all of its layer 2 chains combined. Solana should go on to reclaim 2021’s high of $253 in the coming days.

Shiba Inu ($SHIB) Burning Tokens At A Rapid Rate

Shiba Inu is up 3.7% today to hit $0.0000254. In the past month alone, Shiba Inu has added a whopping 37% to its market cap and earned Shiba Inu a place just outside the crypto top 10.

Recently, Shiba Inu has been burning tokens like there is no tomorrow, with a stunning 114% rise in the burn rate destroying 14.7 million SHIB tokens. This rapid decrease in the overhanging supply should spell bullish times ahead for Shiba Inu as fewer coins will be hitting the market.

Rollblock ($RBLK) Sports Betting Just Around The Corner For Popular Community Presale Gem

While Solana and Shiba Inu are no doubt entering a hugely bullish period, their respective prospects cannot hold a candle to the hugely disruptive Rollblock ($RBLK) gaming platform, set to rattle the $450 billion online gaming sector this year.

Rollblock has an ace up its sleeve in the form of blockchain-backed betting. Now gamers have the tools to verify that everything is above board and as it should be on the platform’s 7000+ AI-powered casino classics.

The $RBLK token is destined for crypto stardom, combining a hard cap of a billion tokens with a declining supply thanks to regular buybacks and an aggressive token burn schedule that puts Shiba Inu to shame. Each week, a significant portion of Rollblock profits are used to buy up potentially millions of tokens, burning 60% of these and giving the rest to loyal stakers.

With a major sports betting update recently teased on the Rollblock Discord server, the future looks incredibly bright for this potential 100x GambleFi powerhouse. The bargain price point of $0.035 looks set for another hike in the coming weeks, making right now the very best time to find out more.Only 2 days remaining to take advantage of the 50% bonus, making now the best opportunity to acquire RLBK Tokens!

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