Polkadot (DOT) and Avalanche (AVAX) both saw minor setbacks this week as the 2024 bull cycle comes to a close. However, even as investors are selling their top altcoins from the previous bull cycle, a new source of superior returns is emerging. Crypto casino Rollblock (RBLK) is bringing revolutionary innovation to online gambling and getting 100x 2024 growth estimates from analysts as a result.
Polkadot Slumps Again as Investors Wait for Web3 Explosion
This week’s 3% drop in the Polkadot price is nothing new for Polkadot investors who have experienced years of waiting for the promise of the Web3 economy.
However, for newer investors, the ongoing slump in the Polkadot price from 2024 highs of more than $11 to the current $4 is enough to have many of them looking for an exit. The development of the Web3 economy is inevitable, and Polkadot’s multichain technology will play an integral role in the process, but many Polkadot investors are looking for bigger returns that are expected much sooner.
Avalanche Continues to Slide as Ethereum and Solana Dominate Smart Contracts
The 3% drop for the Avalanche price this week is the product of the on-going migration of users from smaller tokens to the two biggest ecosystems for Smart Contracts.
While the Avalanche price is still up more than 150% this year, the rise of Solana, in particular, has seen it shed more than 50% of its value from its 2024 highs. Avalanche will continue to compete on advanced and bespoke Smart Contracts technology, but the days when Avalanche was expected to rival the biggest ecosystems are long behind it, with many analysts anticipating further Avalanche declines.
Rollblock’s Crypto Innovations Light Years Ahead of the Industry
Rollblock’s 100x growth estimates for 2024 come from the amazing crypto innovations it is bringing to online gambling. Analysts expect this top altcoin to quickly expand in the $500 billion global gambling industry as it revolutionizes the online experience through blockchain technology.
Blockchain technology has allowed Rollblock to eliminate all the delays, red tape and fees of online gambling. Players can hit the tables right away from anywhere in the world and use twenty different cryptocurrencies to play.
Rollblock has also innovated on the gambling token by creating the first one to generate value without ever being played.
Rollblock uses up to 30% of the casino’s daily revenue to perform buybacks. Rollblock then burns half of the buybacks to generate value through deflation and awards the other half for staking on the platform with market-beating APYs.
Rollblock also incorporates the innovative and fun culture of crypto in everything that it does. Rollblock has a generous deposit-matching program for new players and hosts a constant parade of great events and giveaways.
Rollblock’s latest contest to name its brand new casino mascot has gone viral as players and investors alike compete for the laughs and free RBLK.
Rollblock is set to increase its current stage six price of $0.026 to $0.03 when it launches stage seven in the next few days. Analysts currently expect this price to exceed $1 before 2024 is over.
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