Crypto Whales Shift from Solana and Avalanche to Rollblock
Crypto whales are transitioning from Solana (SOL) and Avalanche (AVAX) to Rollblock, a no-KYC crypto casino project with a unique revenue share model. These whales are reallocating their portfolios to new projects like Rollblock, which offers significantly greater growth potential for 2024.
As of now, Rollblock has raised over $3.7 million in funding, with analysts predicting that its innovative no-KYC crypto casino, token rewards, and generous revenue share model will allow it to outperform both SOL and AVAX in the coming months. Here’s a closer look at the shift and the reasons behind it.
Solana’s September Surge
Solana has shown signs of life with a bullish resurgence after a sluggish start to the month. The token experienced a 16.7% rally in the past two weeks, retesting the $150 level and easing sell-side pressure that built up in August. However, the recent Federal Reserve announcement of rate cuts could stall this momentum for now.
The next price target for Solana is $150, but it’s unclear whether the token can maintain this level until the next leg up. While this might encourage long-term SOL holders, many have opted to shift part of their investments into Rollblock, which offers a higher potential upside and a lucrative revenue share model.
Avalanche’s 29% Gain Signals Bullish Momentum
Avalanche has also been gaining ground, with a 29% surge over the past two weeks. Previously lagging behind other major altcoins, AVAX’s rise has been fueled by its growing expansion into traditional finance (TradFi), including a key partnership with ParaFi Capital, which is tokenizing a portion of its $1.2 billion in assets on the Avalanche blockchain.
Since the partnership announcement, AVAX has rallied to $28, with analysts speculating a further climb to $50 if the momentum continues. However, despite this resurgence, many AVAX holders are reallocating to Rollblock due to its higher growth prospects.
Why Crypto Whales are Investing in Rollblock
Rollblock has captured the attention of large crypto investors for several reasons:
- No-KYC Crypto Casino: Rollblock is revolutionizing the online gambling industry by creating a no-KYC, community-backed GambleFi protocol on Ethereum.
- Transparency & Security: The platform brings over 7,000 games and sports betting markets onto the blockchain, ensuring transparency, security, and fair play. All transactions and wagers are recorded on-chain, protecting users’ privacy.
- Revenue Share Model: Rollblock offers a unique revenue share model, allowing users to earn from the casino’s profits, which are paid out weekly. Users can also stake tokens for passive income and additional rewards.
Crypto whales see Rollblock as a significant opportunity to tap into the $500 billion online gambling industry via Web3, positioning it as a major player in the space.
Presale Gains and Future Potential
Rollblock’s presale has already delivered a 170% gain to early investors. As the project approaches its public listing, those who participate in the presale are well-positioned for potentially parabolic growth. Rollblock’s no-KYC model, combined with its attractive revenue share structure, makes it a compelling choice for investors looking for the next big opportunity in crypto.