Stacks

GambleFi

Bitcoin

DeFi

Momentum

<p>The post <a href="https://coinpedia.org/press-release/rollblock-up-over-50-as-uptrend-continues/">Rollblock Up Over 50% As Uptrend Continues, Bitcoin Tokens Stacks and Ordi Drop Over 20%</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The DeFi markets are no stranger to fluctuations and recent events have highlighted this once again. While Rollblock (RBLK) continues its impressive uptrend in a rather stagnant <a href="https://markets.coinpedia.org/">market</a>, Bitcoin tokens such as Stacks (STX) and Ordi (ORDI) have faced major challenges this year. With over $ 1 million raised for the <a href="https://coinpedia.org/press-release/experts-predicting-hottest-crypto-presale-of-this-year-rollblock/">Rollblock presale</a>, many investors believe it will become the next <strong>100x </strong>token in 2024!</p> 
<h2 class="wp-block-heading" id="h-stacks-stx-faces-disruption-and-price-decline">Stacks (STX) Faces Disruption and Price Decline</h2> 
<p>Stacks (STX), known for enabling smart contracts and dApps on the Bitcoin network, saw a dramatic price drop recently. This happened after the Stacks network went offline for nearly nine hours due to a combination of a Bitcoin reorganization and unexpected mining behaviour. This caused the price of Stacks to plummet by approximately 20%.</p> 
<p>The interruption in block production on the Stacks network was a significant blow. It highlighted the vulnerabilities that can arise in blockchain networks built on top of Bitcoin. The Stacks network’s reliance on Bitcoin’s security was both a strength and a weakness in this scenario. Despite this setback, the Stacks team is committed to improving the network’s resilience. But analysts and investors have started looking elsewhere for consistent gains in the altcoin space.</p> 
<h2 class="wp-block-heading" id="h-ordi-ordi-suffers-drop-amid-bitcoin-volatility">Ordi (ORDI) Suffers Drop Amid Bitcoin Volatility</h2> 
<p>Ordi (ORDI), another Bitcoin-centric token inspired by Casey Rodarmor’s Ordinals Protocol, also saw a significant decline earlier this year. The Ordi token dropped by over 15% after Bitcoin fell below the $40,000 mark. This decline was largely driven by outflows from Grayscale’s spot Bitcoin ETF, which led to an overall market downturn.</p> 
<p>Grayscale, the largest BTC-focused fund, had to liquidate a substantial amount of Bitcoin to support redemptions and allow traders to book profits. This selling pressure contributed to Bitcoin’s price drop, which in turn affected Ordi. The Ordi token’s decline was compounded by ongoing market uncertainty and the general bearish sentiment in the crypto space.</p> 
<h2 class="wp-block-heading" id="h-rollblock-rblk-continues-upward-momentum-with-innovative-gamblefi-platform">Rollblock (RBLK) Continues Upward Momentum with Innovative GambleFi Platform</h2> 
<p>Meanwhile, Rollblock (RBLK) has been on a remarkable uptrend, with its price surging over 50% in just the presale period. Rollblock is pioneering the GambleFi market, offering an innovative blend of decentralized and centralized gaming through its fully licensed online casino. It is already disrupting the $450 billion dollar gambling industry, which is set to grow to $750 billion in the next four years. As a rising leader in GambleFi, Rollblock will capitalize on this growth in a major way.</p> 
<p>The platform currently has over 50 games from various providers, including popular options like blackjack, poker, roulette, and slots. Sports bettings are also set to be introduced soon, where players will be able to wager on events like soccer, NBA, NFL, boxing, and more. Investors expect this addition to attract huge amounts of new players from the massive sports gambling market.</p> 
<p>One of the key differentiators for Rollblock is its use of <a href="https://coinpedia.org/beginners-guide/what-is-blockchain/">blockchain technology</a> to ensure transparency and security. All transactions are immutable and traceable, addressing the trust issues that are often associated with traditional online casinos. This transparency has attracted a growing number of users who are looking for a secure experience, which analysts see as a very bullish sign.</p> 
<p>Rollblock also stands out for its user-friendly approach. Players can sign up with just an email or by connecting their decentralized crypto wallet. This ease of access has attracted thousands of players in just a few months (approaching 5000 registrations in just the presale). It has turn boosted analyst interest in the native $RBLK token.</p> 
<h2 class="wp-block-heading" id="h-rollblock-ecosystem-and-rewards">Rollblock ecosystem and rewards</h2> 
<p>The $RBLK token is central to the Rollblock ecosystem and rewards. Its revenue-share mechanism rewards player activity and can be staked for additional rewards. Rollblock shares up to 30% of its weekly revenue with $RBLK holders by buying back tokens from the open market and burning them, making the supply scarce and highly deflationary. </p> 
<p>In addition, The other half of the tokens are distributed back to holders. This revolutionary system incentivizes people to buy and hold $RBLK and provides some of the highest APY in the crypto market.</p> 
<p>In just stage 3 of its presale, <a href="https://coinpedia.org/press-release/rollblock-price-surges-again-holders-50-up/">$RBLK is trading</a> at $0.015. With over 110 million tokens sold in less than a month, the project garners significant attention from investors and analysts alike. Some experts even project that $RBLK could see an over <strong>800% </strong>rise in value before the end of the presale period, making now the most opportune time to buy in before it blows up.</p> 
<h3 class="wp-block-heading" id="h-discover-the-exciting-opportunities-of-the-rollblock-rblk-presale-today"><strong>Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!</strong></h3> 
<p><strong>Website: </strong><a href="https://presale.rollblock.io/" target="_blank" rel="noreferrer noopener sponsored nofollow"><strong>https://presale.rollblock.io/</strong></a><strong> <br><br>Socials: </strong><a href="https://linktr.ee/rollblockcasino" target="_blank" rel="noreferrer noopener sponsored nofollow"><strong>https://linktr.ee/rollblockcasino</strong></a><strong>&nbsp;</strong></p>

Rollblock Up Over 50% As Uptrend Continues, Bitcoin Tokens Stacks and Ordi Drop Over 20%

목차

CoinPedia News

2024년 7월 8일에 게재된 다른 기사

Bitcoin MVRV Turns Negative First Time Since March 2023, End of Bull Run Soon?

BONK Gains 15% In 24 Hours – Should Traders Prep For Another Rally Now?

Hong Kong Boy Kidnapped, Ransom Demanded in USDT

Dogecoin Faces Market Volatility and Potential Price Movements

Crypto: Here’s How Many People Own 1 Million XRP!

Top Safe-Haven Altcoins to Hold Until 2025 for Crypto Millionaire Potential

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!