Finance

What is GambleFi And Why Are Chainlink and Shiba Inu Patrons Placing Big Bets On This ERC-20 Token?

GambleFi is a rapidly growing sector in the crypto landscape that merges gambling with DeFi. The already established crypto gambling enterprises have only scratched the surface when it comes to unleashing GambleFi’s full potential, and crypto casino Rollblock is here to fill the gap. Many Chainlink and Shiba Inu investors understand this perfectly, which is why they have been rotating capital in the wildly successful Rollblock presale.

Chainlink Continues To Stall Despite Growing Adoption

Chainlink played a protagonist role in the previous cycle as it experienced a gigantic 200x run and led the charge in the 2020 DeFi summer. Chainlink boasts a number of important partnerships across multiple industries, such as Amazon Web Services and Swift. Most recently, Chainlink has started cooperating with Suho.io to kickstart blockchain adoption in Asia. 

However, Chainlink’s performance has been lackluster, as it continues to range around $10. Chainlink could soar again in the upcoming months, but analysts don’t expect the same massive returns of the past.

Shiba Inu Has Bottomed Out, What’s Next?

Shiba Inu experienced a vertical rise at the end of February, hitting a yearly peak of $0.000035, only to follow up with a slow bleed that saw Shiba Inu almost return to its starting point.

Shiba Inu sells for $0.000013 with a 7.7% drop in a week. Despite the uncertain climate, Shiba Inu is making progress in expanding the ecosystem and increasing the burn rate. Shibburn shows that in the last 7 days, more than 391 million tokens have been burned, and on-chain analysis reveals that Shiba Inu whale activity has increased substantially.

Rollblock Is Spearheading The GambleFi Revolution

While most other majors are losing steam, Rollblock continues to gain momentum as the RBLK presale has already crossed $3 million in raised funds. This is mainly thanks to the unique approach to GambleFi that sets Rollblock apart from the competition and ensures the stability of RBLK, the casino’s native token. 

RBLK also plays a pivotal role in the Rollblock ecosystem as it powers the novel revenue-sharing mechanism, hailed as revolutionary by seasoned veterans and enthusiasts alike. In turn, RBLK’s price is sustained by the casino’s rapidly growing revenue, creating a feedback loop that promotes continuous growth.

Every week, the casino reinvests up to 30% of its profits to purchase RBLK from the open market. This amount is then split into two separate allocations. Half of the tokens are automatically burned, reducing the total supply and leading to a consistent price increase. The other half is given back to the community as recurring staking rewards.

No KYC is needed to join the casino. All that is necessary is a crypto wallet to immediately access the 150-game catalog with sports betting to be added soon.

As of right now, RBLK sells for $0.025, and an 800% surge is expected by the end of the final stage of the presale. Experts predict a 100x rally once GambleFi takes a hold on the market. The best time to invest? Now!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.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. Times Tabloid is not responsible for any financial losses.

PR Desk

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