Both Solana and XRP, two of cryptocurrencies’ stalwarts for the last 5 years, are suffering from declining price action in the past month as crypto investors look for potential 1000x returns with alternative gems such as Rollblock. As a pioneering GambleFi cryptocurrency, RBLK has raised nearly $1million and surged in popularity as new investors continue to scour the market for bold and exciting opportunities which have the potential to generate huge returns in 2024! 

Solana Crashes Over 20% In The Past Month

Despite being heralded as a potential competitor to Ethereum, the layer 1 crypto has struggled over the past month. Though some argue that the coin’s less-than-desirable price action is primarily due to the overall state of the market, recent rumours would indicate that Solana could potentially be in hot water from investigatory bodies. 

Influencer Crypto Bitlord, a well-known figurehead in the crypto space, stated on his social media: “We are hearing rumours that Solana is under investigation.” As these damning rumours spread around in the crypto space, they have influenced significant backlash from the Solana community. 

While these rumours are yet to be confirmed, the uncertainty surrounding Solana may be a cause for concern for on-the-fence investors, a potential reason for its price sliding downwards. 

This wouldn’t be uncharted territory for cryptocurrency, however. Most famously, the SEC started a preliminary investigation into XRP in December 2020 regarding its status as a security. Though Ripple and XRP received a partial victory in 2023, it’s unclear whether there’ll be a similar outcome if it’s validated that there’s an ongoing investigation into Solana.

XRP Crashes Over 11% In June

XRP also saw a moderate decline in price action in June despite its large following and status as the seventh-largest crypto by market cap.

While the price action for XRP massively surged up to $0.71 following its partial victory in July 2023, the price has been relatively stable since that point, fluctuating around $0.45-0.55. In spite of this underwhelming price action, a large contingency of crypto investors believe that the price of the coin could reach an unprecedented $589. 

This is linked with conspiracy theories that XRP, as an international medium of payment for different currencies around the globe, could be implemented as the next world reserve currency. However, there’s a considerable lack of evidence to support these claims. 

Rollblock (RBLK) Is Redefining DeFi Gambling Blockchain Technology

Rollblock (RBLK) is the world’s first iGaming backed Play-to-Earn token that seeks to close the gap between centralized and decentralized gaming. Offering users access to traditional table games, Rollblock’s transparency and trustworthiness are core values. Ensuring all transactions are secured using blockchain technology, whilst all transactions are traceable on the blockchain makes it impossible to alter bets when placed and provides an additional layer of security. This level of transparency has seen Rollblock gain huge attention from investors across the marketplace who are looking for a safe and secure investment with huge upward potential.

Unlike other iGaming providers, Rollblock does not require users to complete a KYC when accessing their platform. To get started users simply connect their wallet or sign up with an email, these simple barriers of entry have seen a substantial increase in users which has in turn led to an increase in investors purchasing their native $RBLK token. The native token, $RBLK, plays a significant role in the ecosystem, $RBLK serves as a reward for players’ activity whilst allowing holders to stake in the future for additional rewards. Alongside this Rollblock has implemented a revenue share feature which sees up to 30% of their weekly profit being used to; share profit amongst holders, purchase $RBLK back from the open market and burn it to further increase the $RBLK token value.

Currently, in stage 3 of the presale, $RBLK is trading at just $0.014. Alongside this over 90 million tokens being sold in less than a month shows the project’s wide interest. With the price point being the lowest it will ever be, now is the best time to purchase $RBLK. As stated in the tokenomics, there is a fixed supply of 1 billion $RBLK with only 60% allocated to the presale. Due to this, some analysts have projected that $RBLK could see over 800% rise in value before the end of the presale, making now the best time to buy the new upcoming altcoin.

As the native token of the platform built to accommodate the future of the online gaming and casino industry, $RBLK has been tipped to become the top DeFi token of 2024. In addition, the extensive utility, revenue share and opportunities for token holders give $RBLK greater room for growth. Analysts predict that $RBLK has all the necessary features to become a 100x token over the coming weeks, making now the best time to start to stack the Rollblock token!

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