With an abundance of crypto tokens to choose from, finding the top altcoins to invest in can be challenging. One way to identify strong projects that are likely to do well is to look at which tokens are showing strength as the rest of the market experiences a slump. This is usually a very positive indicator of future price action, and is likely to provide a good opportunity for investors looking to boost their portfolio.
While some tokens are fighting it out in the so called L-1 wars, other projects are standing out as leaders in the GameFi niche. Rollblock is one such example. This GambleFi protocol has seen returns of 58% over the past month, outperforming major projects like TRON and Ethereum.
Tron Heading Back To Previous Highs
Once dubbed ‘The Ethereum Killer,’ the L1 blockchain network TRON and its native token TRX have been making a comeback that’s catching the attention of investors across the crypto space. While Ethereum has long been the default blockchain used by developers to build Web3 apps, TRON has recently been increasing its competitive drive and is now threatening to steal attention and liquidity away from the Ethereum ecosystem.
Currently sitting around $0.14, TRON’s price is inching back towards its previous cycle high of $0.17, with some analysts even predicting that TRX could surpass its previous all-time high of $0.23 in the coming months; a significant return from current levels. Once touted as a top altcoin to invest in, TRON could be positioned for an epic comeback story this cycle if it can continue to encourage innovation and attract developers to its own ecosystem.
Ethereum Consolidation Continues
Despite Ethereum spot ETFs being approved last month, Ethereum’s price has been struggling to break out of its trending range over the past few weeks, regularly dipping back below the $3K mark. This is in part due to the broader markets, which have been chopping sideways and even downwards over the past few weeks.
On top of the general downwards sell pressure coming from the markets, Ethereum also faces stiff competition from other Layer 1 chains, one of them being TRON as mentioned previously, and the other being its infamous rival Solana, both of which are constantly launching new and innovative projects within their ecosystems.
Rollblock (RBLK) Could Outperform TRON And Ethereum
While TRON continues to make waves in the L1 blockchain market, another project is positioning itself as a leader in the GambleFi space. Rollblock is the world’s first community-backed casino and a first-mover in the play-to-earn online casino space.
Currently, in its presale, the project has already raised over $1 million in presale funding and signed up over 4000 registered users. By combining blockchain and technology with online gambling, it is positioned to significantly disrupt the $450 billion a year gambling industry.
Rollblock gives its users the ability to sign up and play using only their email address, with no other KYC requirements involved. It is already live and fully licensed and features over 150 games from over 10 different online gaming providers, with casino classics such as blackjack, poker, roulette and slot machines. Rollblock will also soon be introducing sports betting to the platform, which will allow users to be able to bet on a huge range of markets and events including favorites like Soccer, NBA, NFL, Golf, Tennis, Boxing, Formula 1 and more.
Up to 30% of the daily profits from the casino are used to buy back $RBLK tokens from the open market, which helps boost the token price. Half of the bought back tokens are burnt, which reduces their supply and therefore further serves to boost the price of $RBLK. The other half are made available as staking rewards for RBLK holders, thereby offering some of the highest APY in the crypto market.
Going into Q3 of 2024, $RBLK could easily prove to be one of the best investment opportunities in the crypto space, especially as the project goes to phase 2 of the roadmap. $RBLK’s presale price is currently $0.0158, but many experts are projecting a price increase of 720% during the presale stage alone, before eventually hitting the $1 mark after the project is listed on major exchanges.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
