Bitcoin Cash (BCH) and NEAR Protocol (NEAR) have seen bearish price trends throughout Q2 and many of their holders are now turning their attention to Rollblock (RBLK). Rollblock is a rising altcoin disrupting the massive gambling and casino industry. Analysts and investors alike are taking notice of the fast-growing project, which is expected to see 800% returns in upcoming months.
What you'll learn 👉
Bitcoin Cash (BCH) Gains Bullish Analyst Predictions
Bitcoin Cash (BCH) was founded in 2017, designed to address certain scalability issues. Bitcoin Cash boasts a larger block size of 32MB compared to Bitcoin’s 1MB, which allows it to handle more transactions per second. This increased capacity has positioned Bitcoin Cash as a viable global payments gateway, especially for users seeking lower fees and faster transaction times.
Despite its potential, Bitcoin Cash has faced some challenges. The most recent halving event reduced the block reward from 6.25 Bitcoin Cash to 3.125 Bitcoin Cash, impacting the incentives for miners. The price of Bitcoin Cash has also seen significant fluctuations, dropping from $600 in March to around $376.13 recently. Analysts are generally remaining optimistic, forecasting that Bitcoin Cash could surpass $600 by Q4 2024, although this is still far from its all-time high of $4,355.62.
NEAR Protocol: Facing Challenges Amid Declining Activity
NEAR Protocol, known for its focus on scalability and user-friendly blockchain applications, has also faced challenges recently. Over the past month, NEAR Protocol has seen a notable drop in network activity. The daily transaction volume has decreased, which has, in turn, reduced the overall revenue of the project. NEAR Protocol’s native token has suffered a double-digit decline in value during this period as well.
The number of unique addresses interacting with the NEAR Protocol has plummeted by 18% since mid-June, and transaction fees have also fallen by 38%. These declines have exerted downward pressure on NEAR Protocol’s price, which currently stands at around $5.27. The Moving Average Convergence Divergence indicator displays a bearish trend, suggesting that NEAR Protocol may see further downard price movements declines unless external conditions change.
Rollblock (RBLK) Disrupts GambleFi With A Profit Share Model
Rollblock (RBLK) has emerged as a promising contender in the crypto market, particularly appealing to those invested in both Bitcoin Cash and NEAR Protocol. Rollblock is revolutionizing the online gambling industry by leveraging blockchain technology to provide better transparency, security, and efficiency. The industry is currently valued at $450 billion, with forecasts to reach $750 billion by 2028. Rollblock is in prime position to capitalize on this growth.
Rollblock offers a fully licensed and functioning casino platform that integrates both decentralized and centralized gaming. Hundreds of daily users can enjoy over 150 games, including blackjack, poker, and slots, with plans to introduce sports betting to the platform very soon. The addition of sports betting is sure to attract many new players, which is one of the many reasons why analysts are so bullish on the project.
A standout selling point of Rollblock is its ease of access. Unlike most online casinos, Rollblock does not require users to complete KYC or background checks. Players can simply sign up with an email or connect their decentralized crypto wallet, ensuring quick and anonymous access. Rollblock also uses blockchain technology to verify and track each wager made on its network, providing a level of transparency and security that most online casinos cannot provide.
Rollblock’s also has a unique revenue-sharing system for its token holders. Up to 30% of the casino’s weekly profits are used to buy back and burn $RBLK tokens, reducing supply and keeping the token scarce. The remaining tokens are then distributed as staking rewards, offering some of the highest APY in the entire crypto market.
Currently in stage 3 of its presale, RBLK is priced at just $0.015. Early investors have already seen a 50% ROI from it’s launch price of $0.10, and this is just the beginning. In fact, analysts predict that $RBLK could see a price surge of over 800% by the end of the presale period, with the potential for 100x returns in 2024. Since this is the lowest price that Rollblock’s token will ever be, investors who get in this early are likely to see huge returns on their investments.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their ownthorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
