Word of crypto casino Rollblock’s (RBLK) sports betting expansion is drawing investors from sliding tokens. Ethereum (ETH) and Ripple (XRP) investors are dumping their bags in favor of the most recent growth estimate upgrades to 200x for Rollblock in 2024. This top altcoin’s presale is now blasting toward its ICO as it hits milestone after milestone from its ambitious white paper.
Ethereum Rebound Slowed by Layer 2 Blockchain Revenue Siphon
The Ethereum price has recently stabilized after losing around half of its value from before the launch of its spot ETFs. However, a new problem has arisen that threatens to cut this brief rebound in the Ethereum price short.
Ethereum’s revenue is plummeting as its Layer 2 blockchains siphon the lion’s share. These supporting blockchains provide a valuable service to Ethereum’s ecosystems but have grown to dominate the revenue stream.
Ripple’s Legal Struggles Continue Despite Shifting SEC Stance
The Ripple price remains subdued due to its on-going legal struggles.
Ripple has been battling the SEC in court for years over the SEC’s murky definition of what constitutes a ‘security’. Recent changes in the SEC’s stance sent the Ripple price almost 50% higher, but these gains were walked back as the legal struggle continued.
With the on-going legal uncertainty showing no signs of end, many Ripple investors are choosing to move on instead of waiting months more for a resolution.
Rollblock’s Sports Betting Expansion Doubles 2024 Growth Estimates
Investors who recently dumped their bags in Ethereum and Ripple have fresh cash on hand just as crypto casino Rollblock goes viral for its latest expansion. Analysts expect Rollblock’s new sports betting platform to at least double its revenue.
This new revenue has increased analyst growth estimates for 2024 from 100x to 200x as a result.
Rollblock is a rapidly growing project in the GambleFi space, with over 15,000 players enjoying a next-generation online gambling experience. Rollblock offers fast, easy and unlimited access to more than 7,000 different casino games to players from all over the world, all without KYC checks.
This sports betting expansion will make Rollblock one of the biggest players in the global gambling industry. Rollblock is now expected to take an even bigger share of the industry’s $500 billion in annual revenue.
Rollblock’s vibrant social media ecosystem is promoting its latest expansion with a sports prediction event. This event offers $100s of RBLK as prizes every week as players and investors come together to share in the fun and profit.
This new source of revenue is projected to take Rollblock’s profit-sharing program to the next level. Rollblock drives up to 30% of each day’s revenue back into its tokens through buybacks from the open market. Half of these buybacks are used as staking rewards, while the rest are burned to drive up the price.
Rumors of this latest expansion have pushed Rollblock to the end of its sixth presale stage at $0.027.
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