Algorand and Optimism are facing increasing turbulence during this market-wide downturn. Investors are flocking to low-cap gems with untapped potential in order to mitigate losses and position themselves to make the most of this run. One project in particular is getting a lot of attention: DeFi casino Rollblock.
Optimism Is Falling And Can’t Get Up
Optimism is one of the largest Layer 2 scaling solutions for Ethereum. As such, Optimism is vastly dependent on Ethereum’s price action. This is one of the reasons why Optimism experienced a major correction during the Ethereum ETF sell-off in mid-July.
Right now, Optimism sits at $1.49, following a 3.5% price drop in the last 24 hours and a 25% decrease in the last 10 days. For Optimism to correct course and break out of the current range, Ethereum will have to renew its bullish momentum.
Algorand: Last Chance To Pivot
Algorand is a blockchain platform for smart contracts. Algorand saw an impressive price performance in the 2021 run peaking at around $2.40. Unfortunately for Algorand holders, in this current market climate the project is struggling to find its footing and its yearly peak of $0.31 is a fraction of its historic highs.
The overall picture is bearish, as Tether recently discontinued the issuance of USDT on the Algorand blockchain. Currently, Algorand sells for $0.12 with a 20% decrease in the last week.
Rollblcock Is Leading The Way In The GambleFi Revolution
Rollblock’s native token RBLK has shown impressive strength during this downtrend. The ongoing presale has already raised nearly $2 million, and early buyers are enjoying 80% gains.
Rollblock integrates Ethereum blockchain technology into its casino framework. This takes transparency and security to the next level, as all transactions recorded are easily traceable and tamper-proof. These features alone have the potential to disrupt the $450 billion online gambling industry.
The casino is fully licensed and already generating revenue with hundreds of new users signing up every day. Users can begin playing one of the 150+ games immediately and without having to go through KYC verification. All that players need to do is to connect their crypto wallets or email.
The unique feature that separates Rollblock from its competition is the revenue-share mechanism. The casino will invest up to 30% of its weekly revenue to buy RBLK tokens on the open market. 50% of the tokens will be distributed to holders who stake the token or participate in events. The other 50% will be burned, reducing the total supply, which will allow the RBLK price to increase exponentially in the upcoming months.
Analysts predict a potential 100x price increase as the GambleFi space grows. The RBLK presale is currently wrapping up stage 4 and an 800% increase is expected by the end of the final stage. Right now, the price of RBLK is $0.018, which is likely the lowest it will ever be!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino