Bitcoin holdings are on the move, and according to the latest on-chain data, whales are trading up their BTC for Cardano, Dogecoin, and Rollblock ($RBLK), the up-and-coming iGaming token that is making waves in the presale scene. Here’s why Rollblock stands to make up to 50x for early adopters this year, outperforming Cardano and Dogecoin in the process.
Rollblock ($RBLK) Demand Soars As Platform Delivers On All Fronts
Rollblock ($RBLK) combines a comprehensive gaming platform with a truly scarce native token that is seeing extraordinary demand.
Recently, new signups for the Rollblock platform surged by 600% as more than $1.75 million in bids were placed across the platform’s 7,000 games. A popular sports prediction league has also increased the monthly revenue and helped to foster one of the closest-knit communities in crypto.
Rollblock leverages the Ethereum blockchain to secure each and every transaction on-chain, giving gamers the tools they need to verify that everything is above board and free from manipulation. This will mark it as a good actor in the $500 billion gaming industry.
$RBLK recently smashed through stage 9 of its presale offering, raising more than $9.7 million in a matter of months. Investors are also drawn in by $RBLK’s deflationary tokenomics that will see its supply drop as demand rises. Each week, up to 30% of the platform’s profits are used to buy up $RBLK, 60% of which is burned to bring down the supply while the rest is used to fund a generous staking rewards program.
Dormant Bitcoin ($BTC) Holders Are Waking Up
Bitcoin has held impressively during the recent stock market crash and is still up by 0.3% on the weekly candle. On Monday morning, Bitcoin dipped below $98K but bounced from this area of support and is currently trading above $102.6K. Bitcoin looks set to make new highs above $109k in the weeks ahead.
Bitcoin whale watchers have reported that dormant Bitcoin mined by early addresses have been on the move lately after years of inactivity. Experts suggest that these wallets from 2017 are likely to be allocated to newer crypto projects ahead of the upcoming bull run.
Cardano ($ADA) Bounces 7% As Hard Fork Approaches
Cardano bounced strongly from $0.88 today to reach $0.95 – a 7% increase in just one trading day. Cardano is still down on the weekly timeframe as it has been unable to hold the pivotal $1 level for any significant length of time.
The upcoming Plomin hard fork has been making progress as Cardano holders recently voted to approve its final form. This update will make the Cardano chain more decentralized in terms of its on-chain governance and help to make Cardano more resistant to state-level attacks.
Dogecoin ($DOGE) ETF Looking Likely
Dogecoin has increased in value by 6% in the last 24 hours to trade at $0.33. Dogecoin holders have had a choppy week as Dogecoin sold off from its high above $0.40 and bounced from $0.31 during the recent crash.
Recently, US asset management firm REX Advisers filed for approval to launch a Dogecoin exchange-traded fund. This would open up the Dogecoin ecosystem to huge waves of institutional capital that is hungry for exposure to the meme coin market. Dogecoin could well hit a dollar this quarter, especially if the ETF is approved.
Rollblock Seeing Massive Inflows From Legacy Coins
Rollblock ($RBLK) will emerge this year as a major player in the gaming industry, as holders of Bitcoin, Cardano, and Dogecoin are waking up to the superior gains $RBLK offers. Rollblock is accelerating through stage 10 of its presale and its price of $0.052 is set to rally up to 50x this year.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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