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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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Rollblock Rolls Over Toncoin (TON) and Hedera (HBAR) In July; Analyst Expect More Of The Same For August

August 4, 2024 By Crypto Reporter PR

Some cryptocurrencies are struggling despite support from the market and ecosystem developments. Two prime examples are Toncoin and Hedera. Toncoin has had whales invest huge sums of cash in the currency, while Hedera has support from popular global corporations.

This has done little to alter the trajectory of their market prices, and many of their holders are now turning to Rollblock. Even though Rollblock is in its presale stage, it has already generated $1.75 million from investors, and stage 4 of the presale process is over 73% complete.

Toncoin Drops After 7-Day Surge

It doesn’t appear that $5 million worth of purchases from crypto whales has been enough to reverse the fortunes of Toncoin. Currently, Toncoin has lost 16.73% of its value in the last month, and although the price appears to have stabilized, Toncoin is still a long way from its previous all-time high of $8.1775 as it now sits at $6.69. This is a surprise to many as Toncoin has received a boost recently when Telegram added features that allowed customers to access Toncoin sites and Web3 technology.

Hedera Follows Suit With its Month-Long Slide

Hedera has support from well-known corporations like IBM, Boeing, and Hitachi, but the Hedera cryptocurrency can’t build momentum and has been plummeting in price since June. In May, Hedera was trading for $0.156, but since then it’s been on a downward trajectory with only a few gains.

Since June, Hedera has dropped 22.10%, and at the time of writing this, it had lost 6.35% of its value in a day. Ecosystem challenges appear to be behind the issues Hedera has been facing, so perhaps this can be turned around in time.

$1.75 Million Raised in Rollblock Presale as Investors Pour In

The case of Hedera and Toncoin shows that even when things are going right, success isn’t guaranteed. In contrast, Rollblock proves that success can also build momentum as its presale interest continues to surge with stage 4 nearing completion.

Rollblock incorporates a GambleFi ecosystem including an innovative online casino and $RBLK cryptocurrency. The DeFi casino boasts over 150 games and breaks the mold of what crypto casinos look like. This is due to the smooth blockchain payment system, fast registration process (with no KYC checks needed), and excellent platform security. Players can sign up using just an email, buy $RBLK with ease, and start gaming in minutes.

Investors are excited by the DeFi casino, and the token features are proving enticing too. Rollblock will use a revenue share model where up to 30% of the casino’s revenue is distributed to token holders. Rollblock will buy back $RBLK from the market. 50% will be burned (to keep the price deflationary), and 50% will be used for the revenue share staking rewards.

These two token features combined with the quality of the online casino are prime reasons why $1.75 million has been generated in the presale, and the presale price has already jumped by 75% to $0.0175 with analysts predicting it could potentially explode to 800% during the presale alone.

Join Stage 4 of the Rollblock Presale and Benefit From its Excellent Investor Momentum

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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