Rollblock Resilient Amid Ethereum Slump, Optimism and Arbitrum Decline Persist

Ethereum Plunges Below $2,300, Dragging Down Cryptos

Ethereum has plunged below $2,300, causing a ripple effect on all cryptocurrencies operating on its blockchain. Optimism and Arbitrum have experienced steep declines, leading many investors to sell. However, DeFi casino Rollblock remains resilient, raising $2 million and providing early investors with 200% returns.

Optimism Falls Back To Its 2023 Levels

Optimism, an Ethereum-based Layer 2 blockchain that acts as a scaling solution, has seen a significant drop. The price of Optimism fell by 16.5% in the last 24 hours, now hovering around $1.18. Since its March all-time high of $4.69, Optimism has declined by a staggering 74%.

Despite the current downturn, Optimism is still considered a solid long-term hold. Analysts expect it to rise again once Ethereum stabilizes, but predicting the market’s future remains challenging.

Arbitrum in Negative Price Discovery

Arbitrum, another Layer 2 blockchain using multi-round fraud proofs for secure and efficient transactions, has also faced a sharp decline. As the largest L2 scaling solution, Arbitrum boasts $2.46 billion in Total Value Locked.

In less than a day, Arbitrum’s price dropped by 21%, currently sitting at $0.40. This marks a new all-time low, down from $0.43 just a few hours prior.

Despite Market-Wide Collapse, Rollblock Endures

Rollblock, an Ethereum-based DeFi casino, addresses long-standing issues in online gambling, such as lack of trust, transparency, and security, using blockchain technology for traceable and tamper-proof transactions.

Rollblock is already generating revenue with a rapidly growing user base, offering players complete anonymity thanks to a no-KYC policy. Players can simply connect their wallet or sign up via email to access over 150 AI-powered games.

The casino stands out with its DeFi functionalities powered by the RBLK token:

• Up to 30% of weekly revenue is reinvested to buy RBLK tokens on the open market.
• Half of these tokens are distributed to holders as staking rewards.
• The other half is burned, creating a supply shock to boost RBLK prices and reduce market volatility risks.

Stage 4 of the RBLK presale has just sold out, nearing $2 million in raised funds. The RBLK token price is currently $0.018, reflecting an 80% increase since launch. Analysts predict an 800% increase by the end of the presale, with a potential 100x multiplier as the GambleFi narrative gains momentum, promising substantial returns for early investors.