The Ethereum price has taken quite a blow. The altcoin’s fall below psychological support of $3,000 has precipitated a 17% decline in just 30 days. Analysts predict the downturn could continue to $1,250. However, while Ethereum struggles to reclaim its footing, new GameFi contender Rollblock is quietly disrupting the $540 billion online gambling market.
Analysts believe its presale success is just the beginning! And with over $10.5 million raised, RBLK’s potential 100x rally is drawing investors to this viral new project. Could Rollblock be an investor’s best bet as the Ethereum price continues to face the market selloff? Let’s find out!
Rollblock: The GameFi new crypto with 100x potential
Rollblock is one of the pioneers of a GameFi model that makes the $540 billion online gambling sector accessible to investors. This new crypto casino leverages cutting-edge blockchain technology to offer a decentralized Ethereum-backed gaming experience. Its on-chain security is setting new privacy and transparency standards in the GameFi space, attracting massive capital inflows from Ethereum investors.
Every wager placed on Rollblock’s crypto casino is encrypted on-chain, free from any kind of third-party manipulation. These features have struck a chord with veteran punters who want a lasting solution to traditional casinos’ underhanded tricks. In fact, new sign-ups and deposits rose a whopping 600% in December alone.
Its recent licensure by the Anjouan e-Gaming Authority and extensive ecosystem of more than 7,000 gaming titles gave it an extra layer of credibility. However, Rollblock is not just about gaming; its passive income stream highlights its dedication to prioritizing users’ efforts. Revenue-share and staking programs that provide up to 30% APY were the features that hooked many investors.
Ethereum price slipped below $2,800 amid rising supply and ecosystem updates.
The Ethereum price has continued its downward momentum, slipping more than 17% in the past 30 days amid a bearish stance in the crypto space. According to crypto experts, the current struggle was mainly driven by a return to inflationary supply levels.
According to data from Ultrasound.money, the total supply of Ethereum tokens has risen by 0.37% in the past nine months, reaching 120.5 million ETH. The soaring supply and increasing whale selloff have put downward pressure on the Ethereum price. In fact, the optimism around the upcoming Pectra Upgrade testnet launch on Holesky and Grayscale’s staked ETH ETF filing failed to materialize.
However, the main hurdle for Ethereum maxis is whether the altcoin can maintain the $2,600 support level. According to X analyst Ali Martinez, the critical support level of $2,425 could be the next anchor. Could future key upgrades and development reignite optimism? Analysts are watching with bated breath.
Conclusion
The world of crypto gaming is growing unprecedentedly, and Rollblock is positioned to bring over 100x in gains to its early investors. This trend is particularly true now that the Ethereum price is prone to witnessing sell-offs due to its current market conditions.
Currently, at $0.055 in stage 10, the Rollblock presale gives savvy traders the ideal entry point to ride massive gains in the highly anticipated alt season. Now is the perfect time to invest in new cryptos like Rollblock before its value surges.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
