In every crypto four-year cycle there’s a select few new altcoins that lead the market. They offer the biggest gains and their price usually moves quickly and exponentially. Some die off, but some remain key players in the space. One of those for this cycle is Rollblock – a new online gambling platform that has the interest of early investors thanks to its utility and also its innovative and unique revenue sharing model.
Other alts that did extremely well in previous cycles include Immutable (IMX) and Gala (GALA), but they are facing competition from Rollblock and other newer altcoins. Is it the end for IMX and GALA? Does RBLK really fulfill its promise? Let’s take a look.
Online gambling platform Rollblock is rivaling altcoin unicorns
Online gambling platform Rollblock is making a statement in the crypto space as its presale continues to attract big investment. Offering a unique combination of DeFi and gaming, it is set to disrupt the gambling industry by attracting investors looking to earn passive income.
Sure, the online gambling casino and sportsbook is an attraction, and it’s set to bring in plenty of utility and revenue for Rollblock. But what helps it stand out is its revenue sharing model. Unlike traditional casinos, Rollblock distributes a portion of its profits directly to token holders, allowing them to reap the benefits of the success of the platform.
Additionally, token holders can earn up to 30% APY through staking, creating even more passive income opportunities. Analysts have been bullish on Rollblock science it was announced, but the presale, which is now in stage 7, has raised $4.7m. And with predictions of a 100x after it launches, Rollblock could turn out to be the altcoin that leads the bull charge.
Can Immutable get over its second cycle issues?
Immutable (IMX) enjoyed a successful launch at the peak of the last cycle, before dropping quickly. In the last 12 months, however, the IMX price has surged 170%, as the Ethereum network relies on technology like Immutable to scale.
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Ethereum scaling tokens are an abundance, which could hamper Immutable‘s chances of seeing new investment flood in, as could the fact that it’s technically in its second cycle. Most altcoins fade away in their second cycle, so Immutable needs some developer updates to help it maintain its relevance.
Can Gala repeat its 2021 life-changing 5000x ROI?
Gala (GALA) made headlines in 2021 after soaring an incredible 5000x during the height of the bull run. Many investors made life-changing gains with Gala, but it was short lived as the crash was harder than most other altcoins.
Since the Gala market bottomed in Q1 2023, however, the price is up 3x as it establishes itself in the blockchain gaming space. There’s little chance Gala will see such mesmerizing gains again, and as it’s also in the second cycle, it could hamper its growth as investors look for the big gains.
Conclusion
IMX and GALA have enjoyed short lived fame, albeit life-changing for those in and out fast enough, but they both appear to be suffering from second-cycle syndrome. This is magnified by the presence of useful altcoins such as the online gambling platform Rollblock, which is enjoying one of the most successful presales to date.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials:https://linktr.ee/rollblockcasino
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