Crypto summer is picking up speed as the market rebounds from the lows. Many projects are seeing significant recoveries. During this recovery process, Uniswap and THORChain have revealed new updates that are catching investors’ attention. Meanwhile, in the low-cap category, crypto casino Rollblock is making waves with its incredibly successful presale.
Uniswap Introduces UniswapX Update, Price Is Still Struggling
Running on Ethereum, Uniswap is the first and the biggest decentralized exchange with $4 billion in Total Value Locked (TVL). When it comes to price, however, Uniswap has been underperforming. During the Bitcoin Sell-off in early July, Uniswap’s price broke down by 16%, going from $9.27 to $7.74.
In the past few days, Uniswap’s open-source protocol, UniswapX, received an important update. This Uniswap update includes the deployment of new auction contracts and a redesign of the order quote information flow. This is expected to enhance user experience and onboard new users, setting up the space for a much needed Uniswap comeback.
THORChain’s RUNEPool Update Behind The Corner, Price On A Bullish Trajectory
THORChain holders are bullish, as the launch of the RUNEPool protocol is near. This will improve THORChain’s liquidity, allow smaller users to participate in the network, and potentially attract institutional investors into the ecosystem. This could be the spark that THORChain needs to ignite a new major rally
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During the Bitcoin correction, THORChain bottomed at around $3.36. Buyers quickly stepped in and powered through the $4.15 resistance level, establishing a monthly high of $4.88. THORChain is currently trading at $4.88 and analysts believe bullish momentum could push it to $5.
Rollblock The ‘Greener Pastures’ Investors Have Been Looking For
Rollblock is taking the crypto world by storm with its DeFi-powered revenue-share model. Rollblock leverages blockchain technology to offer an enhanced casino experience. This ensures easily traceable transactions and removes the possibility of altering bets once placed.
The platform is fully licensed and already generating revenue with thousands of active users. Users can begin playing one of the 150 different games immediately, with sports betting to be added soon. All this just by connecting their wallet, as there is no requirement for KYC verification, a welcome surprise for users who prefer to keep their anonymity.
The RBLK token plays a key role in the ecosystem and the revenue-share model. Up to 30% of the casino’s revenue will be invested to buy RBLK weekly. Half of this amount will be distributed to holders as staking rewards, offering some of the highest APY in the market. The remaining half will be burned, creating a deflationary environment that will drive up the price of RBLK sustainably.
Stage 4 of the RBLK presale is live, and it’s getting close to the $2 million mark. Tokens have already increased in value by 72%, with $RBLK currently selling at $0.0172. Experts believe RBLK could skyrocket by over 800% by the end of the final stage. As the cycle progresses, a 100x increase seems to be on the cards for Rollblock, but investors need to act fast to optimize their returns.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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