Solana investors were over the moon to see this Layer-1 chain flip BNB over the past week. Meanwhile, the only thing Polkadot investors can do is watch their portfolios in despair. As the market continues to see significant turbulence, an enormous number of investors are jumping toward the Rollblock ($RBLK) presale which is tipped for 200x gains by the end of 2024.
Solana (SOL) Leaves Ethereum Behind in DEX Volume
Over the past few weeks, Solana has seen an impressive increase in on-chain volume and daily active addresses. At the time of writing, Solana is trading at $164.42. Despite the 3.14% dip in the past 24 hours, Solana investors are still optimistic about future growth.
The main reason behind this sudden hike in investor confidence is Solana’s surpassing of Ethereum’s daily decentralized change transaction (DEX) volume for the first time ever. The leading DEX on Solana, Raydium, single-handedly had over $30 billion out of the $55.87 billion swaps on the network. Now, Solana investors are buzzing with excitement as they look forward to massive rallies in the upcoming bull run.
Polkadot (DOT) Struggles to Escape Bearish Sentiment
Polkadot (DOT) has been in the red zone throughout July. According to Coinmarketcap, Polkadot is currently trading at $5.24 after an intra-day decline of 2.37%. This downtrend has remained consistent over the past month, resulting in an overall 14% price decline for Polkadot in the last 30 days.
Technical indicators like the 7-day RSI and MACD show that Polkadot is headed towards oversold territory. Since Polkadot’s MACD is trading below the signal line, analysts are warning traders about a further downtrend that may drive the Polkadot price down to the support of $5.
Rollblock (RBLK) Attracts New Investors with Revenue Share Scheme
Rollblock ($RBLK) is quickly shaping up to be the most hyped token of the year. Investors are piling in to secure a bag of RBLK at the surprisingly low $0.018 price point before it explodes by 800% during its presale.
Rollblock is a new GambleFi protocol that aims to change the global gambling industry forever. By bringing web3 and blockchain technology into the $450 billion-a-year gambling market, Rollblock is carefully positioning itself to become a market leader. The platform is leaving behind traditional casinos by offering high level security, anonymity, and utility to users.
Users can sign up on Rollblock’s crypto casino using an email address or by directly connecting their crypto wallet. By removing the need for invasive KYC checks, Rollblock is committed to providing a hassle-free gambling experience. Rollblock’s library already has 150+ popular casino games, but the platform is also incorporating a sports betting feature soon.
With every game or bet won, players can win more $RBLK tokens. Holding $RBLK tokens is similar to holding a share of the Rollblock casino due to the platforms revenue share model. Each week, Rollblock uses 30% of casino revenue to buy back $RBLK tokens from the open market. These coins are split into two categories: half are burned, and the remaining are allocated to stakers who can earn passive income.
Rollblock’s presale is selling out fast and $RBLK is currently selling for just $0.018 per token. As demand continues to rise and supply runs out, analysts are speculating another massive price hike in the next few weeks.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
