Experts Say This Altcoin Could Outperform Ethereum (ETH) and Ripple (XRP) in The Next Cycle
December 23, 2024
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Ethereum (ETH) and Ripple (XRP) need no introduction, as they have shaped the crypto landscape throughout the years. Although both of them are poised for significant gains, with their hundreds of billions of dollars in market capitalization, the point of diminishing returns has been passed.
Savvy investors understand that accumulating undervalued altcoins with powerful fundamentals, at this point of the cycle, is a sure-fire strategy for locking in massive price multipliers when the market reaches peak euphoria. Newcomer Rollblock seems to tick all the boxes with its innovative Web3 casino and low-cap status. Let’s discover what makes this gem special and why analysts believe it could soon become the next 100x play.
Summary
Rollblock is a community-backed casino that is designed to address all of the inefficiencies that have been driving users away from legacy platforms. Namely, the lack of transparency and security, which has been eroding user trust for years. Rollblock ensures near-instantaneous transactions and tamper-proof bets, as all information is immutably inscribed on the Ethereum blockchain.
Over 7,000 games await newcomers, ranging from casino classics such as blackjack and poker to brand-new AI-driven experiences. Furthermore, a sports betting platform has been introduced as well, further expanding Rollblock’s incredible offering.
Gaming aside, Rollblock boasts an innovative revenue-sharing model powered by the native RBLK token. As part of this model, up to 30% of casino revenue is reinvested to buy back RBLK tokens. 40% of these tokens are then redistributed as recurring staking rewards, while the remaining 60% is removed from circulation through an automated burn mechanism. This system not only encourages long-term holding, but it also primes the token for sustainable, deflation-driven price growth.
Stage 9 of the RBLK presale is now live, and tokens sell for just $0.43. Demand is rising exponentially as over $7 million has been raised in record time.
Amid the market-wide correction, Ethereum (ETH) saw most of its recent gains evaporate, as it lost momentum right at the $4,000 mark. Ethereum’s price entered a downward spiral, bottoming out at around $3,200, however, a small relief rally allowed it to regain some ground. At the time of writing, Ethereum sells for $3,325, following a 4% intraday decline, and a 54% drop in 24-hour trading volume, with a little over $31 billion worth of ETH traded across exchanges.
Whales are taking advantage of this Ethereum dip as large transactions have skyrocketed. According to Lookonchain data, 4 wallets withdrew 8,440 ETH, worth approximately $28.4 million. Movements of this magnitude tend to reflect a strong conviction in Ethereum’s price performance, signaling that holders expect a steep price increase in the upcoming months.
Ripple (XRP) took the spotlight in November, skyrocketing by 400%, and reaching a peak of $2.84, a level unseen since 2018. As holders began booking profits, Ripple’s momentum started waning, marking the start of a cool-off phase. Amid the surge in volatility, earlier this week, Ripple breached several support levels, finally settling around $2.21.
Meanwhile, after months of testing and the final greenlight from regulatory bodies, Ripple’s native stablecoin, RLUSD, was launched on the market. RLUSD is designed to enable institutions to settle cross-border payments, access liquidity for remittance, and seamlessly integrate DeFi protocols.
While both Ripple and Ethereum will yield predictable returns, Rollblock could vastly outpace them in terms of gains. Not only does Rollblock have significantly greater room for growth, but it’s also set to play a protagonist role in crypto gaming, a narrative that has been missing from the broader market, but that’s gearing up for a massive comeback in 2025.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
*This article was paid for. Cryptonomist did not write the article or test the platform.
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