A few tokens are already starting to tear ahead as the latest crypto bull market heats up. Polygon (MATIC) and Avalanche (AVAX) both shifted from big losers to big winners on changing circumstances. Meanwhile, Rollblock’s (RBLK) viral presale is nearing $2.5 million as investors pour into GambleFi’s top altcoin and drive growth projections as high as 100x in 2024.
Polygon’s Layer 2 Blockchain Solution Back in Demand
Polygon is following Ethereum’s rebound and increasing user numbers. Increased traffic in the Ethereum ecosystem is driving demand for Polygon’s Layer 2 blockchain scaling solution. Ethereum’s recent downturn had Polygon investors worried, but this rebound is sending the pair back up together.
Polygon’s price is up a whopping 23% this week. This rebound in Polygon’s price is bringing it close to breaking even on the year, and experts have it pegged for a big rally back toward all-time highs of around $2.
Relief for Avalanche May Be Short-Lived
Avalanche is also rising alongside its rival Ethereum, as both are benefiting from the retreat of Solana. Solana’s dramatic 2024 rise had many investors predicting the end for smaller chains like Avalanche, but Solana’s slowing pace has created relief for all of its competitors. However, experts are mixed over whether Avalanche can maintain this rebound momentum.
The Avalanche price has grown by a respectable 12% so far this week. However, Avalanche’s price is still down almost 60% from its 2024 highs of around $60.
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Rollblock’s $2.5 Million Presale Mark Just the Beginning
Rollblock’s viral presale continues to break record volumes as investors pour into GambleFi’s top altcoin. GambleFi is slated to be the biggest sector in this growing bull market, and investors are scooping up RBLK tokens before the price explodes out of the upcoming ICO.
GambleFi’s potential reflects the new frontier of online gambling, which is so far untouched by the crypto revolution.
Most of the $500 billion global gambling industry is still conducted in person or on old and stale online platforms that use fiat currency and have restrictive KYC rules and miles of red tape. Rollblock players can sign up with an email and be rolling the dice within minutes using over 20 different crypto currencies.
Rollblock has crafted the premier online gambling experience to entice old players from traditional online casinos and bring in new players who would never have considered gambling online before. Rollblock’s innovative UX design and access to more than 150 of the best games available create a next-generation player experience that cannot be found anywhere else.
Investors and players alike are particularly excited about the RBLK token itself. Rollblock powers its token with daily buybacks, using up to 30% of its revenue. 50% of these tokens are burned to drive up the value of RBLK on the open market. The remaining 50% is used as rewards for staking on the platform, with APYs as high as 30%.
Rollblock is expected to break the $2.5 million presale mark at its current stage five price of $0.021. This price is projected to quickly break the $2 mark right after its ICO.
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