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Rollblock (RBLK) is expected to overtake ADA, AVAX, and MATIC in 2024, attracting attention with its unique blockchain-powered gambling platform.
Avalanche (AVAX) showed an uptrend on the charts, as it conducted a strategic partnership with VOTTUN. Furthermore, Polygon (MATIC) recently published its June 2024 State of Polygon report, which looked at how PoS, zkEVM, and CDK emerge as top options for challenge creators. However, Cardano (ADA) is on a downtrend, as traders are turning to it Rolling block (RBLK), which is expected to outperform all three altcoins in 2024. To see if this is the case, we will review its performance on the chart.
Oil prices drop 13%
Avalanche (AVAX) has made a strategic partnership with VOTTUN which could increase the utility of its cryptocurrency. especially, VOTTUN is now integrated on top of the network It provides developers with benefits when building on the ecosystem that can increase the demand for cryptocurrencies in Avalanche.
However, based on the metrics on the chart, Avalanche price is on a downward trend especially as it has fallen by 13% within a week. Since then, the AVAX cryptocurrency has found support at $32, but needs to cross the $40 price barrier to reach new heights. According to Avalanche price forecast, 2024 could end at $53.11.
Cardano cryptocurrency drops by 10%
Cardano (ADA) is on a downtrend, falling 10% according to metrics on the chart in the past week. Specifically, the Cardano cryptocurrency initially jumped to $0.4874, but its value has since dropped to $0.41 where it now lies.
For Cardano price to reach new highs, it will need to regain the attention of the bulls, but the RSI and MACD data points are strong and this is plausible to happen. According to Cardano price forecast, Q4 2024 could end at $0.64.
Bearish polygon on charts
Polygon (MATIC) also saw an uptick in volume, with Polygon PoS, zkEVM, and CDK emerging as the top options for challenge creators according to the latest reports. Polygon status report.
All of these aspects can contribute to increased demand for the Polygon cryptocurrency and can drive its value even higher. According to Polygon's price chart, the cryptocurrency rose to $0.73 at its highest level, and at this rate it is poised to reach new heights. According to Polygon's price forecast, the furthest it could go by Q4 2024 is $1.04.
Rollblock: A disruptive force in blockchain-powered gambling
rolling block(RBLK) is seen as unique in the altcoin space and represents a paradigm shift in the online gaming industry. By leveraging blockchain technology, RBLK enables a fully functional, licensed online casino platform that features significantly enhanced functionality and transparency. This translates into a superior user experience compared to traditional online casinos, which are often mired in outdated infrastructure and lack transparency.
Specifically, RBLK is strategically positioned to capitalize on the booming GambleFi market, which is expected to reach $744 billion by 2028. The move is underscored by its well-established platform, giving it a decisive leadership advantage. Furthermore, Rollblock caters to privacy-conscious users because it completely eliminates Know Your Customer (KYC) checks and ensures anonymity, a feature that will likely resonate with a certain demographic within the cryptocurrency space.
The project's versatility is enhanced by its unique revenue-sharing model. Up to 30% of casino profits are strategically allocated to the token buyback program, enhancing token scarcity. This is because half of the repurchased coins are permanently removed from circulation through a burn mechanism, increasing potential price appreciation. The remaining half is distributed to those who own their RBLK tokens, strengthening the commitment to reward long-term investment.
During the third phase of the pre-sale, RBLK is trading at $0.014. Its value has increased by 40% as the pre-sale has raised more than $750,000 so far, with the potential to cross the $1 million mark by the end of the month. With over 3,000 registered users and massive momentum, analysts expect a 100-fold increase after its listing on major exchanges.
Conclusion
Avalanche, Cardano, and Polygon all showed a slight downward trend on the charts, and this represents an entry point for Rollblock that it can exceed in growth. It represents a compelling proposition for those seeking exposure to a disruptive force within the GambleFi market.
To learn more about Rollblock pre-sale, visit Official Website And the Social.
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