Top altcoins Cardano (ADA) and Solana (SOL) are both plummeting today as Rollblock’s (RBLK) revenue-sharing model turns heads. Rollblock’s recent CoinMarketCap listing has brought this crypto casino to the attention of millions of fresh investors. Many investors are now diversifying their portfolios with RBLK and driving estimates for over 100x growth at the conclusion of its crypto presale.
CoinMarketCap Puts Rollblock Revenue Sharing in Spotlight
Rollblock already had a dedicated community of 35,000 investors drawn by its seamless platform for over 7,000 casino games and global sports betting. Now its recent CoinMarketCap listing has sent thousands of new investors to its crypto presale every day.
These investors have been drawn in by Rollblock’s plans to induce rapid player growth in the $500 billion gambling industry by sharing in the revenue of the casino.
Rollblock’s model operates through weekly buybacks that are funded by a maximum of 30% of the revenue from the casino.
This model first distributes 40% of these tokens as staking rewards throughout the week to create an income stream for holders. A large share of this income is expected to be spent back in the casino each week by token holders.
The remaining 60% is burned at the end of each week to reduce the supply and induce upward price pressure. This price pressure is the main engine for Rollblock’s staggering growth estimates.
This formula for rapid growth explains the substantial portfolio rebalancing taking place as traders dump top altcoins in favor of RBLK.
Cardano Price Drops as Update Fueled Rally Finally Cools
Today’s sudden 8% drop in the Cardano price has come as a shock to many investors. However, it needs to be understood in the context of the Cardano price’s blistering 300% rally in November.
Cardano came back from an almost 50% loss for the year to an over 100% gain in a little over two weeks in November. This blistering rally was driven by a succession of impressive technical upgrades, including the imminent launch of Cardano’s game-changing Midnight sidechain.
In this context, the sudden drop in the Cardano price can be seen as smart profit-taking as this update-fueled rally finally cools.
Solana ETF Rally Reverses as Approval Draws Further Away
The Solana price is struggling with a cooling rally of its own as the possibility of ETF approval draws further away. The Solana price also dropped 8% today, adding to its almost 20% drop from 2024 highs above $250.
The expectation for Solana ETF approval from a new, more crypto-friendly SEC allowed the price to finally break consistently above $200 last month. However, growing concern that Solana ETF approval will be low on the list of priorities has sent this rally into reverse.
Solana is now in the process of rapidly reversing its entire ETF breakout rally back down to $200.
Traders Dump Top Altcoins as They Flock to Rollblock’s Revenue Sharing Revolution
Rollblock’s staggering growth potential of 100x or more, driven by its innovative revenue-sharing model, is an obvious destination for traders dumping their Cardano and Solana tokens. However, this recent influx of investors has accelerated the rate of its crypto presale, and its token price of $0.0415 could increase in a matter of days now.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
