The crypto market’s fear and greed indicator leans more towards fear than greed, even though room for neutrality still exists. As a downturn strikes, projects such as Arbitrum (ARB) and Injective (INJ) are struggling to gain attention. In the past 24 hours, Arbitrum has shed about 3.4% of its value and Injective has been down 4%.
However, one of the fastest growing crypto projects right now is Rollblock. Currently, in the third stage of its presale, Rollblock’s GambleFi protocol is revolutionizing a fast-growing $540 billion gambling industry. Here is why Rollblock could be a 100x project.
Arbitrum (ARB) loses steam after a 71% decline
Just six months ago, Arbitrum had hit an all-time high of $2.39 after an announcement about a partnership between Arbitrum and Robinhood hit the headlines. According to reports, Arbitrum would host Robinhood’s decentralized exchange where users would access swaps of different crypto assets. Arbitrum is touted as the rollup Layer-2 chain built to improve Ethereum’s scalability.
While it facilitates faster and cheaper transactions without compromising the security and decentralization of the main network, competition for Layer-2 scaling solutions is high. Arbitrum might be on a steady decline at the moment thanks to the overall fear spreading through the crypto market but a reversal is imminent given the increasingly record high value locked in Arbitrum’s ecosystem of over $2.5 billion.
Injective (INJ) registered a 13% increase in trading volume
Since its launch, Injective’s all-time rally of nearly 2000% is impressive, considering Injective hit an all-time high of $52 per INJ just a few months ago. Currently priced at $19.75, Injective is down 62.60% and is retracing lower support levels around the $20 region in response to the overall crypto market downturn. Injective’s utility as an interoperable Layer-1 blockchain for DeFi applications has earned tons of support from DeFi enthusiasts and developers looking to create the future of finance.
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For most developers, Injective is the go-to platform for on-chain financial infrastructure modules to build dApps. Despite the recent volatile wave sweeping through the market, INJ has still managed to register a price increase of 140% year-to-date.
Rollblock’s presale attracts investors raising over $1 million
If you are seeking out the fastest-growing crypto presale at the moment, look no further than Rollblock’s RBLK presale. Rollblock is a GambleFi platform that integrates DeFi features into the world of online casinos.
At its core, Rollblock is built as a community-backed casino where the profits generated by the casino are shared among RBLK holders through a buy-back and burn event. The RBLK tokens serve as the platform’s utility tokens, and users can earn them through rewards and bonuses. The presale has 60% of 1 billion RBLK up for grabs. Other allocations in Rollblock’s tokenomics include 12% for marketing, which has so far attracted a growing number of early-bird investors.
Given that Rollblock’s platform is built on blockchain, every transaction is recorded on-chain thus making the games provably fair. That’s a must-have feature for modern players who value trust and accountability. To make it even better for players, Rollblock doesn’t require KYC. This ease of access adds to Rollblock’s unique design making it one of the fastest growing crypto projects in the current crypto market.
With over $1 million raised by supporters in Rollblock’s ongoing presale, analysts predict that RBLK could rally over 800% during the presale and an additional 100x after its launch on major exchanges.
Discover the exciting opportunities for the Rollblock (RBLK) Presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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