Top altcoins Sui (SUI) and Near Protocol (NEAR) are cooling off as the market for Layer 1 blockchains settles after its recent volatile shakeup. Meanwhile, Rollblock’s (RBLK) crypto presale is now expected to see another 5x growth after already racking up 220% returns for its earliest investors. This crypto casino is also expected to shoot over 100x higher in early 2025 when its viral presale ends.
Analysts Cool on Sui’s Prospects From Its Unique Architecture
The Sui price is starting to cool after enjoying strong growth in October. Sui’s 20% growth at the peak of its October rally has now dwindled to less than 10%.
Sui has been consistently rallying as the market for Layer 1 blockchains faces volatile reorganization under the pressure from Layer 2 blockchains siphoning growing shares of revenue. While its unique consensus architecture protects it from the issue of Layer 2 blockchains, analysts are beginning to cool on the impact on Sui’s price.
Near Protocol’s Consensus Architecture Fails to Compensate for Other Shortcomings
The Near Protocol price has also been enjoying the benefit of its unique consensus architecture protecting it from Layer 2 blockchain revenue siphoning. Near Protocol rallied over 25% at the end of September as the result of the Layer 1 blockchain market shakeup.
However, the Near Protocol price has given back all of these gains and is now slightly in the red for October. Despite Near Protocol sharing a similar benefit from its unique consensus architecture, Near Protocol is still a less popular Layer 1 blockchain in general.
Rollblock’s Crypto Culture Approach to Online Gambling Continues to Go Viral
Rollblock’s aggressive price hikes are outpacing top altcoins like Sui and Near Protocol thanks to its crypto culture approach to online gambling. Rollblock continues to go viral, which is leading to rapid player growth and an increasing market share in the $525 billion global gambling industry.
Rollblock regularly hosts new giveaways and events that bring the community together in search of fun and profit. Rollblock’s latest viral hit to name its new casino mascot has entered the final stage with a handful of names for the community to choose from.
Meanwhile, Rollblock’s reward programs range from new player deposit matching to high roller prizes for its most seasoned vets.
However, its most impressive reward program is its signature gambling token, RBLK.
This program sees up to 30% of each week’s revenue used in buybacks from the open market. Rollblock burns 60% of these buybacks on the spot to enforce a deflationary trend on RBLK. The other 40% are used as rewards for staking on the platform with competitive APYs.
RBLK is expected to grow another 5x by the end of its crypto presale and another 100x in early 2025 as the result of this crypto culture approach to online gambling.
Rollblock has almost finished the seventh stage in its viral presale, with tokens selling for only $0.0318.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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The post Despite Bitcoin Pullback, Rollblock Keeps Making New Highs While SUI and Near Protocol Cool Off appeared first on Crypto News Land.
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