While Pepe and Avalanche Dip, This Altcoin Eyes Major Gains

The Market-Wide Downturn: Pepe and Avalanche Struggle

The market-wide downturn is taking no prisoners as Pepe and Avalanche continue to see red. Frustrated by the underwhelming price action, investors are rotating funds into low-cap projects with untapped potential, such as crypto casino Rollblock. By leveraging a cutting-edge GambleFi platform, the casino is making waves both in the altcoin space and the booming online gambling industry.

Pepe Is Headed Toward The Bottom

Pepe experienced an unconvincing rebound over the past day as it tapped the $0.0000064 bottom. Pepe retraced back to $0.0000071 with a 6.8% intraday decrease. On the other hand, Pepe is seeing a 71% surge in volume, with $475 million traded in the last 24 hours.

When zooming out, it’s clear that Pepe’s price structure is hanging by a thread, as another break below support could send Pepe spiraling as negative price discovery begins.

Avalanche Is Still Struggling, As Other Layer 1s Take The Spotlight

Avalanche’s movement has been lackluster, with sporadic price surges that have been quickly met by significant sell-offs. Today, Avalanche sells for $23.64, with a 4.2% decrease in the last 24 hours. Sitting at $12 billion in market cap, Avalanche is still 12th on the crypto totem pole, but if the downtrend doesn’t end soon, other Layer 1s could take its place.

Recently, DeltaPrime, a borrowing protocol part of the Avalanche ecosystem, has been hacked for $4.5 million as the attackers exploited a leaked admin key. The bearish news comes at the worst possible time for Avalanche, sparking debate around its security protocols.

Rollblock Is Spearheading The GambleFi Revolution

Community-backed casino Rollblock taps into the massive potential of the online gambling industry, which is set to be worth $750 billion by 2028. The goal is to provide a blockchain-powered casino experience that also allows users to earn a passive income via the revolutionary revenue-sharing mechanism.

• The platform is fully licensed and already generating revenue.
• Over 15,000 players have chosen Rollblock, intrigued by its vast array of features.
• No KYC is needed to join and enjoy the 150+ games available on the platform.
• A crypto wallet is all that’s needed to sign up.

Staking RBLK will grant some of the highest APY on the market. Here’s how it works:

• Rollblock spends up to 30% of its weekly revenue to purchase RBLK tokens.
• Half of this amount is fed into a burn mechanism, reducing the total supply and allowing RBLK to rise sustainably as the cycle progresses.
• The remaining half is distributed to holders as recurring staking rewards.

Right now, RBLK is priced at just $0.026, and nearly $3.5 million has been raised in the ongoing presale.

As interest in GambleFi rises and listings on major exchanges are finalized, experts believe that a 100x multiplier in 2025 is a plausible scenario. This means that investors who take action today could see amazing returns when the bull market is in full swing.