RBLK, the native token of the crypto casino Rollblock, has launched in the last month and it has already crossed $1 million in raised funds in their ongoing presale.
While smaller altcoins like Arweave, Bonk, Floki and RBLK have been experiencing varying price movements amid the bear market, they all have the potential to make significant gains in the upcoming bull cycle.
Here’s a closer look at each token and its recent price performance.
Arweave (AR)
Arweave is a community driven decentralized network offering data storage. Over the past year, AR has gained significant traction. Recently, it went against bearish market trends. During the last bull run, AR reached a new peak in May, at $47.
As Bitcoin corrected in late June, AR bottomed at $21. Bulls stepped in and it managed to push the price of Arweave back to $32. Given the strength that AR has shown during the downtrend, experts expect a new peak by the end of 2024.
Bonk (BONK)
The Ethereum based meme coin had a spectacular run that was kickstarted in late 2023. Quickly rising to prominence among memes, it reached new heights and defied the bearish climate of the last few months.
Bonk’s price broke down during the latest Bitcoin correction, bottoming at $0.000019. However, when zooming out, BONK respected the macro trend and a higher low was created as it bounced from the bullish trendline with a 47% price increase. Bonk is currently sitting at $0.000026.
Floki (FLOKI)
Another Ethereum memecoin, Floki has seen a price surge in the last few days. It reached the $0.00019 mark, but was ultimately unable to break the resistance and run above $0.00020
Currently, the Floki market cap is hovering around $1.74 billion. Analysts are expecting Floki to start rallying again once the downtrend is over for good and memes become relevant once again. For Floki, this could happen sooner than expected.
Rollblock (RBLK)
The community-driven crypto casino is looking to democratize online gambling and disrupt the $450 billion gambling industry. It aims to solve the issues that have been plaguing the sphere and eroding user trust: lack of transparency, trust and security. Rollblock does this by leveraging blockchain technology: making all transaction records immune to tampering and putting user safety at the forefront of their priorities.
Rollblock offers over 150 different games from ten major developers. In the following months sports betting is expected to be introduced as well. The platform is fully licensed and already generates revenue with thousands of active users.
One of Rollblock’s top features is the revenue-share model. The casino will invest up to 30% of the platform’s weekly revenue to buy RBLK on the open market. Half of this amount will be distributed to holders as staking rewards, offering some of the highest APY in the space. The remaining half will be burned, creating regular supply shocks that will drive up the price of RBLK.
Stage 4 of the RBLK presale is live and tokens have already increased in value by 70%, currently selling at just $0.017. Experts believe Rollblock could soar by over 800% by the end of the presale.
Once the token is listed on major exchanges, a 100x price multiplier is a very plausible scenario when the bull market is in full swing. Given how low the price of RBLK is, there has never been a better time to invest!
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