THORChain and Ondo are still experiencing significant turbulence, and it looks like the downtrend remains far from over. Frustrated investors have started rotating funds into low-cap projects that are showing resilience amid the adverse market climate. One such gem is the crypto casino Rollblock, which has already surged by over 140% during its presale.
THORChain Retesting Higher Lows
THORChain’s momentum has slowed down, but its ascending trendline remains unbroken. Investors are still bullish on THORChain, with THORChain recently seeing a 71% surge in its liquidity fees. Despite these hikes, THORChain has maintained a steady trading volume.
Currently, THORChain sells for $3.90, following a 2.1% increase in the last 24 hours. THORChain peaked at $4.50 last week, but a correction followed immediately after.
Ondo Becomes A Leading Tokenized Treasury Issuer
Ondo recently became a leading tokenized Treasury issuer, highlighting its importance in the market. According to data from RWA.xyz, which tracks Ondo assets, it has surpassed BlackRock by $98 million.
Despite this, Ondo is down by 15.51% over the last week, with Ondo currently trading at $0.61. Analysts believe that if Ondo continues to expand, it could become a leading altcoin. During this process, Ondo’s price could soar as high as $2.
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Rollblock Is Leading The Way In All Things GambleFI
The GambleFi space is set for a massive surge in the second half of 2024, and investors are looking to capitalize on this opportunity. Many of them have been attracted to the crypto casino Rollblock, which is one of the most promising contenders in the sphere.
Rollblock sets itself apart from the competition with its novel framework, which integrates blockchain technology and addresses the issues plaguing online gambling, such as lack of trust, transparency, and security. All transactions are inscribed on an immutable ledger, and any possibility of manipulation is reduced to 0.
12,000 users have already chosen Rollblock, and this number grows by the day. No KYC is required to join and enjoy the 150 games available, with sports betting to be introduced in the upcoming months.
On top of this, players will also be granted the opportunity to earn passive income by staking the RBLK token. Rollblock will spend up to 30% of its weekly revenue buying back $RBLK on the open market. Half of these will be burned to reduce the total supply. The remaining half will be used for staking rewards, incentivizing long-term ownership.
Stage 6 of the RBLK presale is selling out fast, and early buyers are already enjoying 140% gains. RBLK sells for $0.024, which is still a great entry point. Analysts predict an 800% surge by the end of the presale and a 100x rally when the bull market is in full swing. Taking action today could lead to incredible gains in the upcoming months!
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