Rollblock (RBLK), a in GambleFi, is tipped to be the next 100x crypto. The iGaming protocol has stolen the crypto spotlight with a lucrative revenue-sharing model, drawing significant attention from Chainlink (LINK) holders.
LINK’s on-chain data points to drying buyer support, exacerbating the uncertainty surrounding the top data oracle’s price performance. That has prompted LINK holders to explore new crypto opportunities.
At the center of the $540 billion gambling market, analysts believe Rollblock (RBLK) is well set for the next 100x crypto that LINK holders can bet on for parabolic returns past 100x.
Chainlink (LINK) hits a major roadblock
LINK peaked at $53 in 2021. But the bear market killed the investor excitement surrounding this leading data oracle. LINK crashed to $4.76 in June 2023, and didn’t surpass $22 in the recent bull run.
Sadly, Chainlink‘s price has been spiraling down since March. Per Binance data, LINK lost nearly 40% of its value in the past 90 days. The Aug. 5 crypto bloodbath aggravated the LINK situation, pushing it down to wick at $8.
LINK tried to push up, but the uptrend met hurdles at the $12.7 weekly resistance. On-chain data from Santiment point to a weakened buying pressure as network activity dries up.
LINK‘s price-daily active address metric (DAA) stands at -61.2%, suggesting a declining demand. A weakening market means investors are avoiding LINK, which could result in further decline.
LINK‘s immediate support lies in the $10 region on the daily chart. If that breaks, LINK could hurtle down to consolidated losses on monthly support below $8.
The bearish sentiment has left frustrated holders hunting for new crypto presales with a real chance at 100x crypto for monster gains.
Rollblock (RBLK): a new crypto presale with 100x potential
continues to blow expectations out of the water. Currently in presale phase 6, the iGaming titan has already garnered over $2.9 million in liquidity as more than 10,000 excited investors mash the buy button.
First-mover returns now stand at 2.4x as the platform’s native token, RBLK, surges 140% from the $0.01 entry price to hit $0.024. Rollblock’s solid fundamentals contributed to the upward momentum.
The protocol’s generous revenue-sharing model is the major catalyst driving the performance. Rollblock pays a weekly dividend to investors from a share of its weekly gross gaming revenue. It also has a lucrative staking program splashing rewards to the tune of 30% APY for providing liquidity in the platform’s network.
Further, Rollblock supports a massive buyback program. Weekly buybacks and token burns reduce RBLK’s circulating supply, generating extra gains for investors through token value appreciation and price jumps.
These investor-focused tokenomics are topped with Rollblock’s unlimited market potential in the $540 billion gambling industry. That gives RBLK’s market cap a growth runway into a multi-billion crypto asset, pumping the token price to dizzy heights.
It’s easy to see why investors see the new crypto RBLK as a balanced asset rewarding token holders in many ways, positioning Rollblock as the market darling of the iGaming sector.
Disgruntled Chainlink holders are sending their LINK stockpiles to the chopping block to secure RBLK bags at the $0.024 bargain price before this 100x crypto shoots the moon.
Discover the exciting opportunities of the today!
Website:
Socials:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
