Over the last few years, Ethereum-based cryptocurrencies have seen huge rallies. However, this trend is starting to reverse. While major ERC-20 coins like Jasmy and Vechain are on the decline, a new Ethereum-based project, Rollblock, is outshining all competitors.
Jasmy Suffers Notable Decline In August
After significant price rallies earlier this year, Jasmy has failed to live up to the hefty expectations. Instead of rallying in Q3, Jasmy has seen several declines.
Despite a 500% surge this year, Jasmy is still down over 99% from its all-time high. Experiencing a notable 32% decline in August, Jasmy’s struggles have only continued as the year progresses. It remains unclear how profitable Jasmy could be for investors today, though many crypto analysts are expecting Jasmy to cap out with a 2-10x by 2025.
VeChain Stagnates Heading Into Q4
Alt-coins such as VeChain have suffered the full brunt of bearish market pressure in August. With 2024’s most notable market occurring on August 5th, VeChain suddenly plummeted to $0.19. Though VeChain experienced a minor recovery and is presently stagnating around $0.022, VeChain’s short-term future remains unclear.
As a utility crypto and an underhyped layer-1, VeChain is unlikely to amass the returns investors are looking for. VeChain has traversed a previous bull run, and hype-driven cryptos like memecoins and play-to-earn DeFi gems will likely steal the limelight in 2024.
Rollblock Poised For Eye-Watering Gains In Crypto’s Trendiest Sector
Rollblock is a new GambleFi project that combines decentralized and centralized gaming. It offers over 150 unique gaming titles and has sparked immense interest from thousands of investors and online gamers. The project offers casino staples like poker and roulette alongside an ever-increasing catalog of new blockchain games.
But that isn’t all. Players will soon be able to wager on various sports and sporting events, from the UFC to F1. Updates and new implementations such as this are frequent within the Rollblock ecosystem, as the platform utilizes user polls and other feedback mechanisms to gather invaluable data on what users want next.
Over 9,000 users have registered to join the platform, and hundreds of new members are joining every day. Users can enter with their email or cryptocurrency wallet, bypassing the bothersome KYC mandates of alternative GambleFi platforms.
Users are rewarded for active participation with $RBLK tokens. Rollblock utilizes $RBLK as part of its revenue share model, during which up to 30% of the casino revenue is used to buy back $RBLK from the open market. Half of these tokens are burned to make $RBLK deflationary and the remaining half are used for staking rewards.
Rollblock is currently in stage five of its presale with $RBLK tokens available at just $0.021. Analysts believe Rollblock will surge by at least 800% following its official launch in Q4 followed by a 100x rally within a year!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino