Many altcoins have put in strong performances recently. Helium has pumped on news of its newly upgraded security, while THORChain has undergone a community vote to double its fee revenue. Meanwhile, the Rollblock ($RBLK) revenue share mechanism continues to attract passive income investors, as experts predict 100x growth in 2024!
Helium ($HNT) To Fly Through $5?
Helium (HNT) has continued its meteoric rise and is up over 40% this month alone, bringing Helium price to the dizzy heights of $6.96. Helium is trading well above all significant moving averages, suggesting that its rally should find a range of support in the event of any profit-taking at these levels.
Helium recently announced that a vote will be held on new security measures that will improve on-chained security and verification. Helium traders will be taking advantage of this upgrade as volume is bound to spike and bring increased volatility to Helium holders.
THORChain ($RUNE) Vote Doubles Fee Revenue
THORChain has also seen its community vote on a recent update to the chain, as a hard fork upgrade has been scheduled for September 4th. THORChain has seen its user base grow significantly in recent days, as THORChain community members increased the minimum swap fee on the chain.
As a result, THORChain fees more than doubled to bring daily fee revenue to around $21.3k. THORChain is being tipped to break through the $5 mark if bulls can step up and bring sustained buying pressure here.
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Rollblock ($RBLK) Revenue Share Casino Turning Heads
Rollblock ($RBLK) had recently crashed through another milestone as Stage 6 has begun to sell rapidly. Over $2.9 million has currently been pledged to this highly disruptive casino token launch, as investors see the huge potential in disrupting the $450 billion gambling sector.
Rollblock has wowed investors with its promise to bring trust and transparency back to the gaming space through the use of Web3 innovation. All bets will be recorded on the Ethereum blockchain, giving gamers great peace of mind that their bets won’t be tampered with. Rollblock games can also be proven to offer better odds of winning than traditional web2 Casino sites.
Further technological benefits include complete anonymity on the platform, as no KYC info is required. A crypto wallet is all that is needed to access the 150+ Casino table classics, from poker to roulette and the ever-popular slot machines.
The RBLK token looks set for astonishing appreciation this year, thanks to its deflationary tokenomics and massive utility. Not only can it be staked for an impressive 30%, but holders will also benefit from the casino using its profits to buy the token on the open market each week. Potentially millions of coins will be removed from circulation in this way, as they are split between staking rewards and the rest burned forever.
A simple case of rising demand meeting falling supply will mean that the price has no choice but to explode upwards from the low $0.024 price offer. Investors looking for the next 100x crypto need to look no further than the Rollblock presale – the sky really is the limit for this future Casino star.
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