Memecoins such as Brett and Floki have been bleeding profusely as market volatility is intensifying. Double-digit corrections are happening across the board causing investors to rotate capital into undervalued projects with real-world use cases, such as DeFi casino Rollblock.
The past few months have been challenging for Brett holders. Brett has been on a downward trajectory since June, with the chart showing a string of lower lows. Brett has plummeted by more than 52% since peaking at $0.181.
Brett is currently priced at $0.086 and has been ranging around this mark for several days after rebounding from $0.063 last week. However, the RSI indicator has been flashing oversold and volume is steadily rising, this could mean that a move to the upside could come soon for Brett.
Memecoins are notoriously volatile and Floki is no exception. Floki reached an all-time high of $0.00032 in June, but it has lost more than 66% in valuation since.
Right now, Floki sells for $0.00011 as the downtrend intensifies. In other news, Floki is making moves in the real world by announcing an ad campaign to raise awareness for Valhalla, Floki’s upcoming metaverse game. Despite the bearish price action, the hype around Valhalla could positively impact Floki’s valuation.
Rollblock’s native token, RBLK has shown phenomenal strength during the downtrend. While the rest of the crypto market was crashing, RBLK saw a substantial price jump, with early buyers already enjoying 100% gains.
The casino is set to disrupt the online gambling industry, which is expected to be valued at $750 billion by 2028. This is thanks to Rollblock’s unique framework and vast exclusive features.
Rollblock tackles head-on the issues of safety and trust that have been plaguing the space for years. The blockchain-based platform ensures transparent, easily traceable transactions while removing the possibility of altering bets once placed.
Users can begin playing one of the 150+ games immediately without having to go through KYC verification. Individuals just need to connect their crypto wallets to access all of Rollblock’s features.
The RBLK token powers the casino revenue-sharing mechanism. Rollblock will spend up to 30% of the generated revenue to purchase RBLK every week. 50% of the tokens will be distributed to holders as staking rewards. The other 50% will be burned, reducing the total supply and leading to a sustained price increase.
Analysts predict a potential 100x price multiplier as the crypto cycle progresses. The RBLK presale is currently at stage 5, and an 800% increase is expected by the end of the presale. Right now, the price of RBLK is $0.0205, a golden opportunity for investors who want to buy the next big GambleFi gem!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino