In recent weeks, Layer 1 currencies, including Tron (TRX) and Avalanche (AVAX), have encountered difficulties in this overcrowded sector of the crypto market due to their lackluster price action.
In distinct contrast, the Rollblock ($RBLK) presale, which is highly regarded, is still the most closely guarded secret in web3 and is expected to make remarkable 100x moves as this crypto casino becomes more widely accessible in 2024.
Avalanche ($AVAX) Traders remain Concealed
On the final trading day, Avalanche experienced a 2.6% decline, reaching $25.6. This resulted in a market capitalization of just over $10.4 billion.
It appears that traders have been hesitant to purchase Avalanche at these prices, as trading volume has decreased on exchanges. In the past 24 hours, only $202 million of Avalanche was traded, representing a 39% decline.
On a weekly basis, Avalanche is currently conducting testing in a critical area. Avalanche should regain its positive momentum from earlier this month and continue to boost beyond $30 in the weeks ahead if it can break above resistance at this point.
Stablecoins Introduced to the Meme Party by Tron ($TRX) Whales
Today, Tron’s price has declined by 1.8% to $0.15. Tron has experienced a decline in popularity in recent weeks, as the Tron meme mania has been replaced by a period of calm consolidation.
The Tron network has recently experienced a significant increase in stablecoin activity, as Tron billionaires are able to take advantage of its renowned low transaction fees.
Tron has also achieved a record $577 million in revenue during Q3 of 2024, surpassing the returns of larger chains such as Bitcoin and Ethereum. Tron’s upward trajectory remains unbroken, and it is feasible to achieve all-time highs exceeding $0.3o.
Gap between Web2 and Web3 Widened by Rollblock ($RBLK)
The blockchain casino industry is experiencing significant growth in the gambling platforms.
Rollblock ($RBLK) is poised for an exceptionally bullish launch as it advances through the seventh stage of its highly promising presale.
Rollblock is a disruptive force in an industry that is presently valued at over $450 billion and is projected to experience an annual growth rate of approximately 8% over the next decade.
Rollblock’s encryption of all transactions onto the immutable Ethereum chain renders it an unparalleled web3 casino. Rollblock is also able to eliminate all invasive KYC checks for new accounts, as its crypto-native status necessitates only a compatible wallet address to initiate the process.
From traditional games like roulette and Monopoly to innovative titles like Cash Compass, there is an extensive selection of casino games to discover. Sports pundits will be compensated for their precise predictions through the establishment of a Sports Betting League in October.
The deflationary tokenomics and revenue share mechanism of RBLK are expected to result in a significant price increase this year, as they will remove coins from the open market using casino profits. Supply will become exceedingly challenging to procure this year, resulting in a rapid increase in prices as demand experiences a parabolic trajectory.
This promising DeFi Casino is expected to make spectacular 100x moves that investors will not want to miss. Act now while its price is at the bargain floor of $0.03, according to those in the know.