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Bitcoin and Solana correct after highs; Bitcoin halving is expected to surge despite bearish pressure, while Rollblock pre-sale is gaining traction as a potential 30x token gain by 2024.
Both Bitcoin and Solana have faced corrections over the past month; This comes after a quarter of the price increases during which Bitcoin reached an all-time high. With the Bitcoin halving on the way, experts believe that Bitcoin will rise, despite increasing downward pressure, while Solana may continue to decline. With this in mind, Rollblock is gaining traction among investors, a gaming services company that is currently in the early stage of pre-sale. Rollblock offers many advantages and investors believe that revenue sharing feature Rollblock could be next 30x Symbol in 2024.
Speculation surrounds the possibility of Solana's price falling below $100
Solana was one of the hardest-hit cryptocurrencies during the recent market correction. After reaching $202, Solana faced heavy resistance, followed by several issues within its ecosystem. These problems included network congestion and social media conflict between the founders of two Solana-based projects.
These events caused Solana's value to decline by approximately 30%. At the time of writing, Solana is trading at $133.87, having faced a further 23% decline over the past week. Its daily trading volume also dropped to $4.8 billion, causing Solana to fall out of the top 5 cryptocurrencies in terms of daily trading volume.
Bitcoin's performance is appreciated
In a recent interview on CNBC's Squawk Box, Anthony Pompliano praised Bitcoin's recent performance. Despite its recent price decline, Pompliano emphasized that Bitcoin is performing very well. He explained that years ago, Bitcoin's dream was to reach $64,000.
After reaching an all-time high of $73,750, Bitcoin has completely surpassed expectations. Pompliano also stressed that Bitcoin has risen by more than 800% over the past four years, demonstrating its potential as one of the most promising assets globally.
Throughout the interview, Pompliano emphasized that Bitcoin has significantly outperformed many of the world's best assets, highlighting that gold is only up 7% over the past year.
Rollblock launches its own Initial Coin Offering (ICO).
Rollblock is an innovative DeFi gaming provider pioneering blockchain development in the online gaming market. Rollblock recently launched its initial coin offering (ICO) and has attracted the attention of investors with its unique features and innovative approach to online gaming. The project offers more than 100 different games for users to enjoy, including table games like blackjack, Texas Hold'em, roulette, and more. Each game is backed by blockchain technology, allowing the use of cryptocurrency while also ensuring high levels of security.
Unlike other casinos, Rollblock does not require users to complete a Know Your Customer (KYC) process when accessing their casino. To get started, users simply connect to their wallet or sign up using email. By removing these simple barriers to entry, Rollblock has seen an increase in users which in turn has led to a rise in the number of investors purchasing their native RBLK token. RBLK plays an important role in the ecosystem by rewarding player activity while allowing holders to participate in the future for additional rewards. Rollblock has also implemented a revenue sharing feature that sees a portion of the casino's daily profits being used to share profits between owners, purchasing RBLK back from the open market, and burning them to further increase the value of the RBLK token.
RBLK tokens will play an important role in the Rollblock ecosystem. Token holders will be given a share of the platform's revenue, with up to 30% of Rollblocks' revenue being used to purchase RBLK on the open market. 50% of these tokens will be used as rewards, and the other 50% will be burned permanently, creating a deflationary token, meaning the value of the tokens to investors will rise through this exercise alone.
RBLK is currently in the first phase of pre-sale, trading at $0.01. The token has sold more than 9 million tokens in less than a week, showing positive interest from investors. As mentioned in the project's token economy, there is a fixed supply of 1 billion RBLK with only 60% allocated for pre-sale. As a result, some analysts speculated that RBLK could take over 800% The value rises before the end of the pre-sale period.
The Rollblock ICO is large in size
As the platform's native token designed to accommodate the future of the online gaming and casino industry, RBLK is poised to become one of the most promising DeFi tokens of 2024. RBLK's broad utility, revenue share, and opportunities for token holders give RBLK room for growth. Analysts predict that RBLK has what it takes to become 100x Symbolism in the coming weeks.
For more information about Rollblock, visit Official pre-sale website Or join Online community.
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