Home > web3.0 > Toncoin and Shiba Inu Price Lags as This New Crypto Continues To Soar – Here's Why Investors Are Making The Switch

Toncoin and Shiba Inu Price Lags as This New Crypto Continues To Soar – Here's Why Investors Are Making The Switch

Barbara Streisand
Release: 2024-10-09 18:30:23
Original
229 people have browsed it

Although both Toncoin and Shiba Inu have seen 24-hour gains, they're still considerably down on the weekly timeframe. Meanwhile, a newcomer in the GambleFi space continues to tear through milestones, as analysts are tipping it as the next 100x gem. Let's talk about Rollblock.

Toncoin and Shiba Inu Price Lags as This New Crypto Continues To Soar – Here's Why Investors Are Making The Switch

As Toncoin and Shiba Inu experience varying fortunes, a newcomer in the GambleFi realm is capturing investors' attention with its rapid ascent.

While both Toncoin and Shiba Inu have seen 24-hour gains, their weekly performance tells a different story. Toncoin has dropped significantly by 9.88%, leading to widespread selling among investors. Currently trading at $5.25, Toncoin faces resistance as it retests support levels following the recent bearish momentum. Over the last 24 hours, Toncoin has experienced a price increase of 0.45%.

Shiba Inu, on the other hand, has also been lagging due to bearish sentiment and market volatility. Despite daily gains of 2.94%, which are certainly positive, they are not substantial when compared to Shiba Inu's overall downward trend. Analysts express concerns over continued selling pressure, as the coin remains down by 3.00% on the weekly timeframe, currently selling for $0.00001786.

As Toncoin and Shiba Inu struggle to gain momentum, holders are shifting their funds to the new cryptocurrency Rollblock, which is making waves in the online gambling space.

Unlike Toncoin and Shiba Inu, which offer primarily investment opportunities, Rollblock is a fully realized GambleFi ecosystem. The platform boasts a decentralized online casino with its native $RBLK token, built on the Ethereum blockchain. Users can access an extensive library of over 7,000 games, ranging from classics like roulette and blackjack to cutting-edge AI-powered titles.

But what truly sets Rollblock apart is its unique revenue-sharing model, designed to reward investors for engaging with the platform. Every week, up to 30% of the casino's revenue is allocated to buy back $RBLK tokens.

Half of these tokens are burned immediately, creating a deflationary environment that fosters further growth. The remaining amount is distributed to token holders as staking rewards, earning them some of the highest APY on the market.

While Rollblock is still in its presale phase, its price has already soared by an impressive 200%. So far, the project has managed to attract over 17,500 investors, collectively raising $4 million. Currently, $RBLK sells for just $0.03, marking an optimal entry point for investors seeking to participate in the promising GambleFi revolution.

To learn more about the exciting opportunities offered by the Rollblock (RBLK) presale, visit the project's website or follow them on social media.

CaptainAltcoin does not endorse investing in any project mentioned in sponsored articles. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality.

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