Ripple and Hedera Hashgraph are setting up for rebounds as selling pressure has been easing. While most altcoins have tanked, a newcomer in the crypto gambling space is making strides, as the ongoing presale has raked in $3.5 million.
DeFi casino Rollblock is a project investors should keep an eye on, as analysts believe it could be the next 100x gem.
What you'll learn 👉
Ripple Gearing Up For V-Shaped Recovery
The bottom is in for Ripple as it just tapped the $0.52 support, and the RSI indicator is in oversold territory. Demand on this level is high for Ripple, as intraday volume has surged by 37.5%, with $1.72 billion traded.
Meanwhile, Ripple has been working on a massive overhaul of the XRP ledger that will implement an Ethereum Virtual Machine sidechain to develop and launch smart contracts. This upgrade aims to strengthen Ripple’s presence in the DeFi landscape and ensure longevity. However, some in the community are not entirely convinced by the direction Ripple is taking, as dissenting opinions have emerged.
Hedera Hashgraph Sees Surge In Volume
At $0.047, Hedera is closing in on its 2023 bottom. However, this could soon change, as Hedera experienced a sudden 24% intraday surge in volume, currently amounting to $35 million. This could mean that the market sees Hedera as undervalued as buyers have stepped in.
Recently, Hedera joined the Decentralized Recovery Alliance (DeRec Alliance) alongside Cardano, Ripple, and others to improve crypto security standards. Hedera will play a role in designing policies for digital asset recovery, which could drive up Hedera’s price.
New ATH For Rollblock As This Unique Feature Grabs The Spotlight
Experts agree that Rollblock has all that it takes to disrupt the $450 billion online gambling industry. Rollblock exists at the intersection between DeFi and TradFi, offering the best of both worlds. Unparalleled ease of access coupled with top-notch security measures are the hallmarks of the Rollblock platform, and 12,000 players have already joined the revolution.
No KYC verification is needed to join. Players can just connect their wallets and immediately access the 150+ game catalog, with sports betting to be introduced soon.
If this wasn’t enough, Rollblock has another ace up its sleeve: the groundbreaking revenue share model that leverages the utility of RBLK, the casino’s native token.
Players will be granted the opportunity to earn some of the highest APYs on the market while playing their favorite games and interacting with the ecosystem. This model is entirely sustained by Rollblock’s rapidly growing revenue, as it will spend up to 30% of its weekly profits to buy back RBLK from the open market. 50% of this amount is regularly distributed to the community as staking rewards. The remaining 50% will be burned forever, creating the perfect deflationary environment for sustained price growth.
At stage 6 of the presale, RBLK is priced at only $0.025, and a further 800% increase is expected by the end of the event. As GambleFi takes the market by storm, investors who take action now will see incredible gains in 2025!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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