Bitcoin (BTC) posted an impressive bullish price action in the past two weeks, and when BTC stabilizes and assumes a bullish momentum like that, altcoin season sets in and crypto tokens begin to experience massive rallies.
That’s exactly what happened in the crypto market entering the third week of July, with Ethereum-based tokens like Rollblock ($RBLK) leading the crypto rallies with double-digit gains. Learn why Rollblock is tipped to skyrocket 880% during altcoin season, leaving Ethereum contenders like Avalanche (AVAX) and Cosmos (ATOM) writhing in the dust.
After hitting an ATH of $44 in 2021, Cosmos (ATOM) hurtled down to the $6 level and traded in the $6-$14 range for nearly 16 months, giving ATOM holders ample time to build in their positions in anticipation of a bull run. A bull run did come, with Bitcoin skyrocketing to new highs, but ATOM dropped the ball.
ATOM failed to exceed $15, only rising about 122% from the $6 region in September 2023 to about $14 in March 2024, a modest gain when tossed against the spectacular performance of Ethereum-based tokens.
Another altcoins season is looming as Bitcoin skyrockets above $64,000, but ATOM still flirts with its bed at the $6 level, pushing FOMO through the roof among Cosmos holders. With short-term predictions placing ATOM price in the $9 region, its future looks bleak.
That’s why an increasing number of ATOM holders are switching to the best-performing Ethereum-based tokens to pare their losses.
Avalanche (AVAX) price action lumbered like a warship during the recent altcoin season. After a nearly 22-month bearish streak, AVAX holders were full of expectations, with most of them having loaded their bags in the $10-$20 range where the coin had traded for months.
However, the AVAX price action didn’t excite investors much. It rose from a low of $8 in September 2023 to a high of $65 in March 2024, pulling a nearly 8x multiplier. That’s still a good return, but given the prolonged consolidation, investors expected AVAX to smush its 2021 ATH of $147, but it didn’t.
Currently, AVAX trades in the $28 region, nearly 80% down from its ATH. This dismal price action has created a climate of FUD within the AVAX community, prompting a growing number of holders to wager their bets on Ethereum-based tokens like Rollblock ($RBLK) with a better chance at substantial gains
Rollblock ($RBLK) is an Ethereum-based GambleFi protocol that has built an innovative gambling dApp to solve trust issues that rock the gambling sector. Bets on Rollblock’s hybrid infrastructure model casino are permanently recorded on-chain, and all transactions are publicly verifiable.
Thus, the house can’t tilt odds, nor can players alter bets. That has drawn massive interest from Gen-Z betters and top iGaming enthusiasts who have currently flocked to Rollblock’s state-of-the-art online casino in tons.
Here’s the hard-to-pass deal, though. The platform gives everyday players and investors a rare opportunity to tap into the $540 billion gambling empire through its native token, $RBLK. Hardcapped to a billion, the $RBLK token offers incredible income-bearing incentives.
A revenue share program is in place to distribute a portion of the casino’s weekly profits as rewards to holders, and a token burn schedule to limit $RBLK’s circulating supply and boost its value. This is topped up with a 30% staking reward to minimize selling pressure by encouraging long-term holding.
That has positioned $RBKL as the top Ethereum-based token, which is predicted to deliver a substantial 100x return on launch during the altcoin season. With that in mind, frustrated ATOM and AVAX holders are rushing to score $RBLK at $0.0158 per coin, pushing it beyond the $1.1 million mark in stage 4.
Website: https://presale.rollblock.io/
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