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Cryptocurrency News Articles
Rollblock (RBLK) Adoption Soars as the Play-to-Earn Market Wakes Up to Its Vast Potential
Jan 23, 2025 at 04:59 pm
Cardano and Dogecoin holders are trading up to allocate toward this up-and-coming GambleFi gem, as experts predict an astonishing supply squeeze
iGaming protocol Rollblock (RBLK) is continuing its presale campaign with a recent spike in volume recorded during the month of December. Over $1.75 million of bets were placed on the GambleFi protocol in one month alone, while 600% more registrations were recorded at the tail end of 2024.
As well as a comprehensive casino offering with more than 7,000 blockchain-backed games to explore, Rollblock recently introduced a popular sports betting league that has opened up thousands of live international sporting events including golf, soccer, and the NFL.
The RBLK token price is expected to rally in Q1 as its deflationary tokenomics mean that a supply squeeze is inevitable as Rollblock demand continues to grow. Each week, up to 30% of the casino’s profits are used to purchase RBLK on the market. 60% of these tokens are destroyed to reduce the circulating supply, while the remaining 40% are distributed back to stakers who can earn up to 30% on their bags.
At the low price of $0.046, stage nine tokens are already 80% sold out and will see a price hike in the days to come.
Cardano (ADA) Volume Falls Despite Innovation
Cardano has rallied by 12% over the last month as it attempts to flip the $1 level to support. Cardano recently rallied to $1.13 but soon faced significant selling pressure at this level and retreated to $0.97. Cardano has also seen its recent trading volume decline by 47% to $1.74 billion. This suggests that Cardano investors and traders have been leaving in droves.
Recently, the Cardano Yoroi wallet underwent a major upgrade, enabling fiat to crypto transfers and a major security overhaul. If Cardano continues innovating and making inroads into new markets such as Bitcoin DeFi then a run towards $3 looks likely in the coming weeks.
Dogecoin (DOGE) Whales Buying The Dip Behind The Scenes
Dogecoin has increased in value by 20% this month as this OG of the meme coin space has seen a rally from $0.31. Trading volume has remained strong as more than $9.6 billion of Dogecoin changed hands in the last 24 hours. Dogecoin’s market cap now stands at more than $55 billion.
Large holders of Dogecoin have been accumulating recently as in the past 48 hours whales scooped up an incredible 1.8 billion Dogecoin tokens. This kind of buying pressure usually precedes a massive rally, which experts have been predicting could send Dogecoin towards $1 during Q1 of 2025.
Rollblock Will Transform Portfolios This Year
Cardano and Dogecoin stand a decent chance of entering price discovery during Q1, although Rollblock (RBLK) is likely to give investors the best ROI thanks to its massive utility and deflationary token supply. Stage nine tokens are now over 80% sold out, meaning a price rise is on the cards for the days ahead.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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