This week is showing some big winners and losers as investors position for the next bull cycle. XRP (XRP) and Uniswap (UNI) are down on expectations for lower trading traffic for small tokens during the bull market. Meanwhile, Rollblock’s (RBLK) unrivaled revenue sharing is expected to dominate GambleFi and drive 500x growth after its upcoming ICO.
DEX Downgrade Dumps on XRP Despite End to Legal Woes
Just when XRP looked like it was about to catch a break from extended legal troubles, it got hit with a downgrade for DEXs in this coming bull market. XRP’s DEX functionality has been one of its biggest selling points, but the downgrade to traffic expectations has removed that additional value driver.
The XRP price is down 5% today on the news of the DEX downgrade. The XRP price has finally turned positive for the year, but this latest news threatens to drag it back into a loss.
Uniswap Unloads After Market Moves to Consolidate in Top Altcoins
Uniswap has been hit even harder by the news of lower expected DEX traffic during this coming bull cycle. Uniswap’s entire business model is based on DEX traffic, and it has been adding some value in expectation of higher traffic.
The Uniswap price is down almost 10% today on the news that the market is expected to consolidate in top altcoins and see lower traffic in smaller tokens. Uniswap’s price is still hanging on to a 20% gain for the year, but experts believe that Uniswap could drop below $5.
Rollblock’s Revenue Sharing Is Only the Beginning
Unlike the expected drop in DEX traffic, this bull market’s projections have nothing but good news for GambleFi. GambleFi is expected to explode in popularity as crypto innovations change the face of the $500 billion global gambling industry.
With its unrivaled revenue-sharing program, Rollblock is expected to be at the forefront of the blockchain revolution in online gambling.
Rollblock’s program starts with daily buybacks that use up to 30% of its revenue. Rollblock then uses half of these tokens as high-APY staking rewards to generate income for token holders. The other half are burned to keep RBLK on a deflationary path that maintains constant upward pressure on the price.
While this unique gambling token is enough to secure Rollblock’s position as the premier crypto casino, its innovations do not stop there.
Rollblock has also introduced a cutting-edge UX design and seamless access to more than 150 of the best games on the market. Rollblock is currently adding a sports betting platform that will offer odds on practically every sporting event from around the globe.
Rollblock further enhances the player experience with non-stop events hosted on its vibrant social media ecosystem and extremely generous bonuses for new players making their first few deposits.
Rollblock’s clear dominance of the explosive GambleFi sector has analysts estimating 500x growth by the end of 2024.
RBLK now sells for $0.022 at the end of the fifth stage of its eight-stage presale, but this price is expected to increase rapidly as it races towards its much-anticipated ICO.
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