Ethereum

NEAR Protocol

Rollblock Soars, Conflux and Near Protocol Struggle Amid Market TrendsAlthough altcoins are rebounding and flipping trends across the board, a few projects are still struggling to find their footing. Conflux and Near Protocol investors&#39; confidence has taken a hit as both tokens continue to underperform. Meanwhile, RBLK, the native token of the crypto casino Rollblock, is soaring to new highs. The ongoing presale has already racked up nearly $2 million in raised funds.Conflux Momentum Cut Short With 9% DropConflux is a blockchain platform connecting creators, communities, and markets across different protocols. Also known as “The Chinese Ethereum,” Conflux is backed by the Chinese government, which recently released a blockchain infrastructure on Conflux.While Conflux is a solid long-term hold, its current price action is nothing short of underwhelming. Despite a strong rebound from the early July low of $0.11, Conflux has struggled to breach the $0.17 mark. Currently, Conflux trades at $0.16 with a daily volume of $59 million.Despite Significant Recovery, Near Protocol Is Trending Downwards.Valour, a subsidiary of <a href="https://www.coingabbar.com/en/crypto-currency-news/expanding-bitcoins-defi-capabilities-with-buraks-brollups" rel="noopener noreferrer nofollow">DeFi</a> Technologies, has launched the first exchange-traded product (ETP) for Near Protocol. Normally this would be considered bullish news, but it wasn’t enough to turn Near Protocol’s price action around.Priced at $5.26, Near Protocol has been struggling to find its footing. After the spot Ethereum ETF sell-off in mid-July, Near Protocol saw a steep 18% price decrease after ranging for a bit around the $6.30 mark. Analysts expect Near Protocol to make a comeback in the upcoming months as the market ramps up, but many frustrated investors are already jumping ship.Rollblock’s Launches Olympic Giveaway To Celebrate France Games And Presale SuccessThe online gambling industry is expected to be valued at $750 billion by 2028. Rollblock is set to disrupt the space with its innovative casino framework, offering huge returns for early adopters in the process.Rollblock implements a unique approach to GambleFi, closing the gap between centralized and decentralized gambling. The casino leverages blockchain technology to solve the issues that have been troubling the space and turning users away: namely lack of trust, safety, and transparency.One of the most lucrative aspects of the Rollblock ecosystem is its revenue-share mechanism powered by RBLK, the casino’s native token. The casino invests up to 30% of the generated revenue to purchase RBLK from the open market. Half of this amount gets burned, reducing the total supply, which will lead to sustainable price growth in the upcoming months. The other half is awarded to holders who stake RBLK and participate in events like the Olympic giveaway Rollblock has recently launched for its Discord members.Right now, Stage 4 of the presale is coming to an end, and RBLK sits at $0.0175, an increase of 75% since launch. Experts agree that RBLK could soar by 800% by the end of the final stage and by 100x in 2025. This means that users who capitalize early on this opportunity will see massive gains as the cycle progresses!Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!Website: <a href="https://presale.rollblock.io/" rel="noopener noreferrer nofollow">https://presale.rollblock.io/</a>Socials: <a href="https://linktr.ee/rollblockcasino" rel="noopener noreferrer nofollow">https://linktr.ee/rollblockcasino</a>Visit:-<a href="https://www.coingabbar.com/en/crypto-blogs-details/rollblocks-rblk-soars-as-conflux-and-near-protocol" rel="noopener noreferrer nofollow">CoinGabbar</a>

Conflux (CFX) and Near Protocol (NEAR) Feeling The Bears Strain as RollBlock's (RLBK) Continue to Fly Through Presale Like a Bat Out of Hell!

Coingabbar

Other articles published on Aug 1, 2024

Silk Road Bitcoin Worth $2 Billion Continues Moved by US Government

Analyst Predicts Bitcoin Surge

Crucial US Bitcoin Reserves Statement Made by Samson Mow

Why Bitcoin and Ethereum are top cryptos?

Ethereum ETFs Experience Significant Divergence in Fund Flows as July Closes with Notable Outflow...

How to become a global citizen, with or without crypto — Nomad Capitalist

Join our free newsletter for daily crypto updates!