Stellar (XLM) and Bitcoin Cash (BCH) Investors Exit as GambleFi's Top Altcoin, Rollblock (RBLK), Enters the Ring

Transaction tokens continue to face outflows as investors move on to more promising sectors. Both Stellar (XLM) and Bitcoin Cash (BCH) investors are moving on in favor of the enormous potential of GambleFi's top altcoin, Rollblock (RBLK).

Investors are moving on from transaction tokens, Stellar (XLM) and Bitcoin Cash (BCH), in favor of GambleFi’s top altcoin, Rollblock (RBLK). Stellar investors are cashing out due to the token's lackluster performance in major rallies and the broader decline in transaction tokens. Bitcoin Cash investors are also seeking greener pastures as the token has failed to live up to its promise despite being a Bitcoin fork designed for faster and cheaper transactions. Rollblock, on the other hand, is set to make a grand entry into the crypto casino space with its upcoming ICO and a market capitalization goal of over $100 million.

Investors are shifting their attention away from transaction tokens, and Stellar investors are following suit. Stellar has been in the spotlight for nearly a decade, but its investors are now cashing out due to the token's lackluster performance in major rallies and the broader decline in transaction tokens.

Stellar's price did experience some gains in the 2024 rally, but they were minimal compared to the rest of the market. As a result, Stellar's price has fallen below its crucial support level of $0.10.

Bitcoin Cash investors now underwater from 2018 fork

Bitcoin Cash investors are also joining the exodus, fueled by their belief that the token's best days are in the past. Bitcoin Cash is a Bitcoin fork designed to handle transactions faster and at a lower cost, but its price is now almost 40% lower than its 2018 fork price. As investors move on from most transaction tokens, this could mark the end of Bitcoin Cash.

However, Bitcoin Cash has seen a 70% increase in its price this year. But it has already lost more than 50% of its 2024 peak.

Rollblock set to blast through $100 million milestone

Unlike transaction tokens, GambleFi tokens are emerging as one of the strongest sectors in this growing bull market. As the top altcoin in the GambleFi space, Rollblock is expected to soar out of its upcoming ICO and easily break the $100 million market capitalization milestone before the end of 2024.

Everyone is piling into GambleFi tokens on the enormous promise of the $500 billion global gambling industry. The old online casino model is slow, clunky and dull, and blockchain tech is here to change the game for the better.

Rollblock's crypto casino boasts over 150 of the best games in the industry on a platform with next-generation UX design. Players can now access all this without the costs and restrictions of traditional online casinos. Crypto has transformed how players gamble online, with a huge range of currencies and tokens available for use and no annoying KYC regulations or a lengthy registration process.

But most of the buzz around Rollblock's growth is due to its game-changing gambling token. RBLK is bought back from the market, using up to 30% of daily revenue. These tokens are either burned to drive up the price or used for staking rewards to generate income.

Rollblock's current stage five price of $0.021 is set to increase again next week. Current estimates have RBLK exploding past the $100 million market capitalization milestone out of its ICO, with at least 50x growth in 2024.

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