Three of the top movers today are Solana (SOL), Rollblock (RBLK) and Kaspa (KAS). Solana is down despite Robinhood providing a self-custody feature. Crypto casino Rollblock is up as this top altcoin enters the sixth stage of its presale on the back of ICO hype and 200x growth projections. Kaspa is back down as investors pause one of the year’s biggest rallies.
Solana Slides Despite Robinhood Self-Custody Functionality
Robinhood just announced self-custody functionality for Solana on its crypto wallet. Solana exploded to the top of the market this year, and this new functionality represents further progress in cementing this dominance.
The Solana price is down a whopping 8% today, despite the good news. With no other catalysts for Solana’s price action, it is likely that the drop would have been even higher if not for Robinhood. Most analysts have attributed today’s Solana price drop to technical factors.
Investors Pause Kaspa’s BlockDAG Rally
Kaspa’s novel BlockDAG technology has revitalized the capabilities of Proof of Work blockchains. This technological achievement allows people who prefer the security of Proof of Work blockchains to also enjoy the speed and low cost of modern blockchains. The result has been a steady Kaspa rally all year that has only recently begun to slow.
Today’s 4% drop in the Kaspa price represents another pause in its long rally as it consolidates around $0.15. Kaspa’s price is expected to resume its rally past its all-time high of $0.20 during this coming bull cycle.
Rollblock’s Position as GambleFi’s Top Altcoin Cements Incredible Growth
Crypto casino Rollblock blew through the fifth stage of its presale at a record rate. The sixth stage was opened with another increase in the token price to reflect the enormous demand for this top altcoin’s presale. Investors are racing to get in on crypto’s hottest presale with only three stages left before its big ICO.
Rollblock’s position as GambleFi’s top altcoin means that it is set to dominate the $500 billion global gambling industry. Online gambling remains largely untouched by the enormous potential of blockchain technology. Rollblock’s is changing the face of online gambling with a range of crypto innovations.
Rollblock offers quick, seamless and anonymous access to all the best games in the industry. Building a casino on a blockchain allows players to log in from anywhere in the world and use up to 20 different cryptocurrency tokens without any of the hidden fees and red tape of traditional online casinos.
Rollblock has also introduced its own unique gambling token, RBLK, which is the only gambling token that generates revenue and increases in value without ever being played.
A share of Rollblock’s casino revenue is poured back into the token through daily buybacks. Income is generated through staking rewards using some of the buyback tokens, and the value of RBLK is increased through burns of the remaining buyback tokens.
The RBLK price was recently increased to $0.024 at the start of stage six. This price is expected to explode at least 200x higher out of the upcoming ICO.
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