Though Dogecoin and Near Protocol have high potential for future gains, both of these cryptocurrencies are in free fall as the market capitulates in July. Investors should instead turn to cryptos in the play-to-earn GameFi sector, such as Rollblock, for substantive returns.
Rollblock (RBLK) excels as the premier Play-to-Earn GambleFi token, blending centralized and decentralized gaming on its iGaming platform. Its unique revenue-sharing model is a highlight, dedicating up to 30% of weekly profits to RBLK holders. This revenue funds token buybacks, with 50% of tokens burned to ensure scarcity and the remaining 50% distributed to RBLK stakers. This innovative mechanism positions Rollblock as a top investment opportunity, with potential 100x returns projected for 2024.
Dogecoin’s July Downfall Continues Though Q4 Recovery Likely
Dogecoin is down almost 30% in just one month, though Dogecoin’s current predicament shouldn’t be too much of a concern for investors as this decline was heavily influenced by market trends.
In spite of this, Dogecoin’s propensity for high returns is questionable in 2024 when considering Dogecoin’s high market cap of $15.6 billion.
Instead of Dogecoin, investors should consider coins like BRETT and Rollblock. Unlike Dogecoin, these low market cap gems are poised for substantial gains.
Near Protocol Hype Slows Down In July As Market Crashes
Near Protocol continues to fall in July. Though a sharp recovery is on the cards for Near Protocol, this price action doesn’t bode well for new investors entering the market.
Trading at $4.52, Near Protocol is nowhere near its 2021 peak of over $20, leading crypto analysts to speculate whether Near Protocol will ever reach the same heights.
As Near Protocol experienced two rallies earlier this year in March and May, it’s possible that NEAR could surge once more, though savvy investors are instead gravitating towards play-to-earn cryptos in the DeFi gaming sector.
Rollblock Continues To Make Waves In The Cryptocurrency Space
Rollblock is emerging as a top investment for 2024, promising substantial growth through its casino platform on the Ethereum blockchain. By integrating decentralized and centralized gaming features, Rollblock provides an exceptional gaming experience. With growing momentum, analysts forecast that RBLK could deliver returns exceeding 100x in 2024.
Rollblock’s innovative revenue-sharing model distinguishes it in the GambleFi sector. The platform dedicates up to 30% of its weekly profits to RBLK token holders, fostering community loyalty and creating a sustainable ecosystem that benefits all participants.
A crucial element of Rollblock’s revenue-sharing model is the buyback mechanism. A portion of the weekly profits is used to repurchase $RBLK tokens from the open market, supporting the token’s price and showing the platform’s commitment to enhancing token holder value. This buyback helps stabilize the token’s value, appealing to investors seeking reliable returns in the volatile crypto market.
Post-buyback, Rollblock employs a token-burning strategy to create scarcity. Half of the repurchased tokens are permanently removed from circulation, reducing the overall supply and increasing the token’s value over time. This encourages long-term holding and boosts token value. The burning process is verifiable on the blockchain, ensuring transparency.
The other half of the repurchased tokens are distributed to RBLK stakers as passive income, incentivizing users to retain their tokens and contributing to overall value stability. By offering staking rewards, Rollblock enhances user loyalty and strengthens the network’s security and functionality.
Another standout feature of Rollblock is its non-mandatory KYC procedure for accessing the casino. By eliminating the need for KYC, Rollblock enables players to quickly start playing by connecting their cryptocurrency wallet or signing up with an email. This straightforward entry method lowers barriers and attracts a broader audience.
Currently trading at $0.0154 in stage 3 of its presale, Rollblock (RBLK) has sold over 100 million tokens in one month, indicating strong market interest. Positioned to revolutionize online gaming and casinos, Rollblock is set to become the leading DeFi token of 2024. Its extensive utility, revenue-sharing model, and growth potential suggest a 100x surge in the coming weeks, making it an ideal investment opportunity.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
