Despite being solid projects, Shiba Inu and Avalanche are both struggling in this current market climate. Meanwhile, undervalued low-cap altcoins such as crypto casino Rollblock are gaining more traction.
Shiba Inu Downturn Continues Despite Burns
Shiba Inu is facing significant difficulties as its price continues to decline. Right now Shiba Inu is priced at $0.000013 with a 63% drop from the yearly peak of $0.000036.
Despite the current picture, there’s still a bullish case to be made for Shiba Inu, thanks to burn protocols for the entire ecosystem. Shiba Inu is burned via Shibaswap and Shibarium transactions and also as users engage with the Shib Metaverse. This could result in tens of trillions of the Shiba Inu supply burned yearly.
Avalanche Is Consolidating, Whales Accumulate
Avalanche is currently ranging around the $20 mark. This is a strong support for Avalanche after a 28% rebound from the bottom formed during last week’s crash.
Avalanche is currently at a pivotal point. Onchain analysis shows that big wallets are buying up more and more of the supply. On the other hand however, Avalanche is expecting token unlock of 9.54 million AVAX worth around $200 million. This unlock will probably see a substantial increase in volatility for Avalanche, although analysts remain confident about its long-term performance.
Rollblock’s Relentless Rise Continues
Community-backed crypto casino Rollblock leverages blockchain technology to tackle the lack of transparency, trust, and safety in online gambling. All transactions are recorded on an immutable ledger, which makes them easily traceable and immune to tampering. This effectively bridges the gap between DeFi and TradFi gambling for the ultimate casino experience.
The platform is already generating revenue, with over 9000 active users, and this number is growing by the day. Over 150 unique AI-powered games are available, and users can access them by connecting to their crypto wallets. No KYC verification is needed.
With its novel revenue share mechanism, Rollblock offers some of the highest APYs on the market. This system is powered by the casino’s native token, RBLK. Rollblock will invest up to 30% of the weekly revenue to purchase RBLK tokens on the open market. 50% of this amount will be distributed to holders as recurring staking rewards. The remaining 50% will be burned, creating the perfect deflationary environment to send RBLK to the moon.
The RBLK presale recently crossed the $2 million mark in record time and stage 5 is currently selling out. Early investors are already enjoying 105% gains as RBLK reached $0.0205 in value. Experts believe Rollblock could increase by over 800% by the end of the final stage of the presale. With the GambleFi narrative ramping up, Rollblock has all the features necessary to pull a 100x multiplier in 2025!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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