Kaspa and Polkadot are still suffering from the fallout of the August crash that saw Bitcoin plunge to $54k. Meanwhile, crypto casino Rollblcock continues to soar amid the turbulent market climate, crossing the $2.3 million mark in the ongoing presale.
Kaspa Remains Stagnant Amid Bearish Pressure
Kaspa has seen an incredible run that started in late 2023. Kaspa increased from $0.03 in December 2023 to an all-time high of $0.20 In June. In this period Kaspa demonstrated surprising resilience, rising undeterred while the rest of the market experienced declines.
However, the series of sell-offs in the past few months took a toll on Kaspa’s price action. Kaspa is currently priced at $0.16 and has been ranging around this level for weeks, as volume has slowed.
Polkadot Continues To Underperform
At press time, Polkadot was selling for $4.66 following a 2.2% increase in the last 24 hours. Polkadot has been moving in a narrow channel for a few weeks now with slight deviations. Polkadot peaked at $11.46 in spring, but since then, most of its gains have been given back to the market, as Polkadot is back at 2023 levels.
A major catalyst is needed for Polkadot to reverse this trend. However, many DOT investors are starting to diversify to minimize their losses.
Rollblock Chases $2.5 Million Milestone
Experts believe that Rollblock could significantly disrupt the online gambling industry, which is expected to be valued at $750 billion by 2028.
Rollblock is an innovative GambleFi casino. It seamlessly merges DeFi and TradFi gambling by leveraging blockchain technology, ensuring secure and transparent transactions that are impossible to manipulate.
The no-KYC policy is a welcome surprise for users who prefer anonymity. This has also helped lower entry barriers, leading to the rapid growth of the user base. More than 9,000 players are already enjoying the 150+ games available on the platform. These include casino favorites and Rollblock plans to add sports betting soon.
One of Rollblock’s most intriguing features is the revenue-share model. The casino reinvests up to 30% of the weekly revenue to buy back RBLK tokens on the open market. Half of this amount gets burned, reducing the total supply and leading to a sustainable increase in RBLK’s price. The other half is airdropped to holders who stake the token, effectively creating a new income stream with some of the highest APY on the market.
Stage 5 of the presale has just started, and RBLK sits at $0.021, with a 121% increase since launch. Experts agree that RBLK could rally by 800% by the end of the final stage of the presale. In 2025 a 100x increase could be in the cards as the GambleFi narrative gains traction. Given that the price is still incredibly low, the best time to accumulate is now!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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