Many cryptocurrencies, including XRP and Theta Network (THETA) have faced major challenges after the recent SEC lawsuits on major altcoins. XRP and Theta investors are now uncertain about the future of their investments as the token prices drop even further. However, a new DeFi token, Rollblock (RBLK), has thrived despite the general bear market. Analysts monitoring Rollblock’s prelaunch tip that this new cryptocurrency could bear promising returns by the next bull run.
Crypto Whales Sell Off Ripple (XRP) At A Loss
XRP has experienced a 16% decline in the last month as whales sell off their holdings. With XRP’s price now at $0.44, token holders remain concerned about further price decline as their portfolios lose value. Analysts highlight that in July alone, over 63 million $XRP has been transferred to exchanges. This could result in more investors selling their holdings, driving XRP’s price downwards. Since the market sentiment and other indicators show bearish patterns, more investors are joining in the selloff, and XRP’s price could drop to its April 13 low of $0.4188.
Theta Network (THETA) Hits Its Lowest Price Point In The Last Month
Theta Network (THETA) investors have struggled to gain any profits in 2024. Since Q2, Theta Network’s price has staggered between $1.00 and $3.50. With its current price now at $1.33, Theta Network investors maintain a bearish sentiment.
Many have started seeking newer, more innovative altcoins with high growth potential. As a result, analysts predict that Theta Network’s price could see further declines, with predictions suggesting that Theta Network could drop below $1 in Q3.
Rollblock (RBLK) Takes Charge in the Crypto Bear Market
As whales and investors move away from projects like XRP and Theta Network (THETA), Rollblock (RBLK) has become a strong alternative. Rollblock is a GambleFi protocol designed to transform the online gambling and cryptocurrency markets.
This play-to-earn casino project on the Ethereum blockchain connects centralized and decentralized gaming. It provides a more transparent and reliable platform for millions who are uncomfortable with the lack of transparency in online betting. This approach has drawn players and investors eager for an innovative solution to significant challenges within the $450 billion global gambling market.
To drive more people to the platform, Rollblock makes it very easy to sign up. Unlike traditional casinos that require KYC verification, Rollblock only needs players to sign up with their email or connect their crypto wallets. By buying the native $RBLK tokens with any of the accepted cryptocurrencies, they can enjoy over 150 games, such as blackjack, slots, poker, and roulette.
Rollblock’s $RBLK token offers multiple benefits for both users and investors. Casino players on Rollblock earn $RBLK tokens as rewards for their activities on the platform while investors benefit from the profit-sharing system Rollblock put in place. Up to 30% of the casino’s daily profits are taken out regularly. A portion of this is used to reward $RBLK token holders, and up to 50% go into buying back $RBLK tokens from the open market and burning them to increase the token’s value.
Currently in stage 3 of presale, Rollblock’s price sits at $0.015. As seen in Rollblock’s tokenomics, there’s a total supply of 1 billion $RBLK tokens and only 60% is available during the presale. As more investors stack $RBLK tokens and the project’s momentum snowballs, Rollblock’s price is expected to see huge returns in the coming weeks. Investors who get involved early will see the largest gains when they purchase $RBLK at its lowest price. Some analysts forecast that Rollblock could see an 800% increase before the presale ends if it maintains its current momentum, making it one of the highest return cryptocurrencies in the market.
With a strong foundation on the Ethereum blockchain, Rollblock has the potential to revolutionize the global gambling industry. With blockchain technology and well-structured growth systems for players and investors, the $RBLK token could become a top DeFi token in 2024. Investors who get involved now can also enjoy prizes from a $20,000 prize pool during the Euros!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.Rollblock.io/
Socials: https://linktr.ee/Rollblockcasino
The post XRP and THETA Down and Out? Experts Are Betting On This New Crypto With 50x Potential To Lead The Bull Run appeared first on Crypto News Land.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed