Revenue is the new buzzword that is changing the face of crypto. Tokens with little revenue like Ethereum (ETH) and Dogecoin (DOGE) are seeing massive outflows to revenue-generating tokens. The best example of this effect is crypto casino Rollblock’s (RBLK) recent upgrade to 1,000x growth for 2024 on the back of its game-changing revenue sharing.
Layer 2 Blockchains Limiting Ethereum Growth
The recent recovery in the Ethereum price is under threat of being cut short due to ongoing issues with revenue generation. Ethereum is seeing an increasing amount of its revenue being siphoned off by Layer 2 blockchains. Ethereum developers are now scrambling to rework its relationships with its supporting Layer 2 blockchains.
The 16% rally in the Ethereum price this week comes as a welcome relief for investors who saw it rapidly decline from $4,000. However, with revenues far below its newer rivals, Ethereum will likely stay below $3,000 until the issue is sorted.
Dogecoin and Other Meme Coins Vulnerable to Revenue Focus
The Dogecoin price faces even deeper challenges with revenue. Although Dogecoin is the undisputed king of meme coins, it still struggles with the same issue of revenue generation.
Meme coin value has historically been driven by community engagement and price momentum, where Dogecoin has shined. However, this switch to a more mature approach to crypto investment has hit Dogecoin and other meme coins particularly hard.
With a revenue-focused approach to crypto investing on the rise, the Dogecoin price will continue to experience a strong downward trend.
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Rollblock’s Revenue Focus Is Exactly What the Market Demands
Unlike Ethereum and Dogecoin, crypto casino Rollblock is having no trouble with revenue generation. The global gambling industry generates $500 billion in revenue annually, and this money is there for the taking as Rollblock transforms the online gambling experience through blockchain technology and crypto culture.
This top altcoin already has 20,000 players on its platform, enjoying unlimited access to 7,000 different games through 20 different cryptocurrencies. Rollblock has a viral social media ecosystem where new players are drawn in by its deposit matching, high roller rewards and constant parade of exciting new events and giveaways.
Rollblock’s biggest draw by far is its game-changing profit sharing.
Rollblock takes 30% of its daily revenue and buys its own tokens back off the open market. Rollblock then matches this demand effect with a supply effect by burning half of these tokens. The other half are used as high-APY staking rewards to further drive up the price of RBLK through income generation.
Rollblock’s revenue-focused approach is precisely what the crypto market is looking for as it matures as an investment landscape. The latest growth estimates have RBLK increasing 1,000x in 2024 alone as value and revenue growth form a reinforcing virtuous cycle.
RBLK is almost sold out at the stage six price of $0.027. The seventh stage will see its largest price hike yet to $0.03.
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