Market Crash Amid Recession Fears
Following fears of a potential looming recession, the cryptocurrency market has suffered its most significant crash since Bitcoin halving. While the majority of investors succumb to market panic and flee, smart money is accumulating Avalanche, Toncoin, and large amounts of the new play-to-earn gem Rollblock.
Rollblock: The Pioneering GambleFi Token
Rollblock is set to make unprecedented waves this bull cycle. As the pioneering GambleFi token that successfully merges centralized and decentralized gaming, Rollblock’s unique fundamentals could see the platform surge by 800% following its official launch in Q4.
Avalanche Crashes In Tandem With Bearish Market
Avalanche experienced a substantial crash this week, with a 37% decline. Given the current state of the market, this shouldn’t be too much of a shock for Avalanche investors.
Moreover, this decline fails to reflect Avalanche’s future prospects. Just last week, the California DMV utilized Avalanche’s layer-1 technology, digitizing 42 million car titles on the Avalanche blockchain. This is a substantial milestone for Avalanche, proving the efficacy of its layer-1 technology.
Toncoin Diminishes In Value In August
Toncoin’s 25% crash this week isn’t as high as some other cryptocurrencies, though Toncoin investors will still undeniably be impacted.
As one of 2024’s biggest success stories, Toncoin is expected to make a full recovery in tandem with the rest of the marketplace. However, some crypto experts are predicting a prolonged downfall for Toncoin that could potentially last throughout September, citing bearish patterns in Toncoin’s chart amid other factors.
Toncoin is a great opportunity for investors seeking moderate 10-50x returns, though ambitious investors who are in crypto for 100-1000x gains should gravitate to the new play-to-earn gem Rollblock.
Rollblock Poised For Returns Surpassing 500x As Soon As Market Recovers
Rollblock is a GambleFi token that integrates advanced blockchain technology to provide a play-to-earn casino platform, unlike anything in circulation.
It features a wide array of over 150 gaming options, such as:
- Poker
- Blackjack
- Roulette
- Slots
The platform is also set to introduce sports betting soon, allowing users to bet on sports like Basketball and Soccer alongside major sports events like the UFC and F1.
Rollblock stands out to investors with its distinct revenue-sharing model. As part of this model, the platform distributes up to 30% of weekly profits to RBLK token holders. Half of the tokens purchased are burned to decrease supply and increase scarcity. The remaining half is given to stakers as rewards. This system incentivizes long-term investment and bolsters the value of the RBLK token simultaneously.
Users can easily access the platform by either connecting their crypto wallet or signing up with an email, bypassing the traditional KYC process rife within most competing GambleFi platforms. This hassle-free entry has led to a rapid growth in user base, surpassing 7,000 members shortly after the presale began. This growth is only continuing during the market crash, reflecting investor and user confidence in the native RBLK token.
Currently selling at a price of $0.020 during stage five of its presale, the RBLK token is expected to experience an 800% increase upon the platform’s official launch in the coming months. Life-changing profits are expected for early investors, with potential gains surpassing 50x–100x in 2024.
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