Investors are closing out their positions in DeFi tokens like Ripple (XRP) and Uniswap (UNI) as the 2024 bull cycle comes to a close. They are moving into the rapidly expanding iGaming sector and its top altcoin, Rollblock (RBLK). Rollblock’s presale has already returned 200% to its earliest investors and this crypto casino is expected to grow another 100x before the year is done.
Ripple Set to Slide Despite First DeFi ETF
The Ripple price barely rose this year despite the bull market driving increased DEX traffic. Now the Ripple price is set to slip further with the 2024 bull cycle at an end and DEX traffic slowing.
Some Ripple investors are choosing to hold their positions due to the growing possibility of an XRP ETF. However, analysts warn that an XRP ETF likely will not be enough to save Ripple from dwindling traffic. Today Ripple sells for $0.51 with an 11.4% decrease.
DEX King Uniswap Flat for 2024 as Bull Cycle Wanes
The Uniswap price fared better on increased DEX traffic this year. However, the Uniswap price is now only slightly in the green for 2024 after dropping from a height of $14 to its current $7.
While Uniswap is not expected to slip further in 2024, analysts expect that it will stay relatively flat until the next bull cycle. Therefore, many Uniswap investors are pulling out instead of waiting for increased DEX traffic from the next bull cycle.
Rollblock’s Viral iGaming Presence Driving Massive Growth
Investors who are exiting their positions in Uniswap and Ripple are turning to the enormous potential of iGaming instead.
The global gambling industry currently produces over $500 billion in annual revenue. Moreover, this industry is increasingly transitioning online. This means that the top altcoins in the iGaming sector are poised to see explosive growth from bringing blockchain technology to online gambling.
No token is better prepared to exploit this opportunity than crypto casino Rollblock.
Rollblock is already a viral sensation, with over 20,000 players on its platform enjoying seamless and unlimited access to 7,000 games.
Rollblock has a huge social media ecosystem where it regularly engages with its community and hosts a constant stream of promotions. New players have access to generous deposit matching, veterans receive amazing high roller rewards and everyone gets to participate in regular events and giveaways.
Rollblock’s latest contest to name its new casino mascot has just gone viral. Thousands of community members are coming together to enjoy the fun and prizes.
The main driver of Rollblock’s 100x growth projections for 2024 is its gambling token.
Rollblock uses 30% of its daily revenue to buy its own tokens back from the market and then generates income and value for holders through burns and staking rewards.
Rollblock recently entered the seventh stage of its crypto presale and is selling for $0.03.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino