Despite seeing slight recoveries, Arbitrum and Mantle continue to underperform. With frustration growing, investors have started rotating profits into underdog projects with untapped potential. One such project is DeFi casino Rollblock, a GambleFi gem set to disrupt the $450 billion online gambling industry.
Arbitrum Range Continues Hinting At An Uneventful Week Ahead
At the time of writing, Arbitrum is priced at $0.55 following a 2.5% increase in the last 24 hours. Arbitrum has been ranging around this mark for two weeks after bouncing back from the $0.43 bottom that Arbitrum touched during the August crash.
Recently, the Arbitrum DAO approved ARB staking. But amid significant market uncertainty, this news failed to positively impact Arbitrum’s underwhelming price action.
Mantle Shares Other Ethereum L2s Fate: Rangebound And Underperforming
In the past few months, Mantle has broken below several key support levels after peaking at $1.44 in April. Since then, Mantle’s valuation has dropped by more than 60%. Mantle currently sells for $0.60 after a 20% recovery from the $0.50 low.
In the last month, onchain analysis has shown that Mantle whales have continued increasing their positions, hinting at a possible breakout in the upcoming weeks. However, trading volume has significantly decreased for Mantle, now amounting to $58 million.
Rollblock Ready To Steal The Show As Majors Stall
Crypto casino Rollblock is ready to take over crypto gambling by bridging the gap between DeFi and TradFi platforms. By leveraging blockchain technology, the casino ensures transparent and safe transactions, removing any possibility of altering bets or other forms of manipulation.
To enhance privacy, Rollblock has removed tedious KYC verification processes. To get started on the platform, individuals need to connect their email or cryptocurrency wallets. The gaming catalog boasts more than 150 titles, and sports betting will be added over the next few months.
Rollblock sets itself apart from the competition with its unique revenue-sharing mechanism, powered by the RBLK token. Rollblock uses up to 30% of the weekly revenue to buy back RBLK on the open market. Half of this amount is burned, continuously reducing the total supply of RBLK and ensuring its sustained price growth. The other half is distributed to users who stake the token or participate in special events. This creates a passive income stream with one of the highest APYs on the market.
Stage 5 of the presale is quickly selling out and more than $2.2 million has been raised so far. Currently, RBLK tokens sell for $0.021, and an 800% increase is expected by the end of the presale alone.
As the GambleFi narrative gains traction and major exchanges begin listing RBLK, analysts predict a 100x surge before the end of the year. With early investors already up by 110%, analysts believe Rollblock could become one of the best-performing altcoins in 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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