Whales fed up with low Ethereum (ETH) prices are turning to top altcoins to increase their holdings. One of the top candidates for growth is crypto casino Rollblock (RBLK). Roll block's first mover advantage in online gambling has many whales hoping for a repeat of Polygon's (POL) blister 100 times Rally from 2021.
Layer 2 blockchain pre-empts Ethereum rebound
As the second half of 2024 dragged on, Ethereum’s price worsened further. Rather than skyrocketing as the whales initially thought, Ethereum plummeted more than 30% at the end of a disastrous spot ETF rollout.
Ethereum price has barely recovered 15% from these lows as the rebound has been capped by increased revenue from layer 2 blockchains. Whales have little hope for a significant rally in Ethereum until this issue with the Layer 2 blockchain is resolved.
The whale's gaze foreshadows the Polygon Rally
Whales looking to top altcoins to make up for 2024 losses are focused on replicating Polygon price's 2021 performance. Polygon established itself as a pioneer in the nascent industry of blockchain scaling solutions, skyrocketing more than 100x in just a few months.
Things haven't been going so well lately, as Polygon's price has been falling in parallel with Ethereum's movements. With many established competitors as a layer 2 blockchain scaling solution for Ethereum, Polygon is well past its era of explosive growth.
Roll Block will repeat the first mover rally 100 times that of Polygon from 2021
Ethereum whales are particularly focused on Rollblock's crypto casinos because Rollblock is a pioneer in online gambling, much like Polygon has entered blockchain scaling solutions. As the global gambling industry moves increasingly online, much of the $525 billion in annual revenue is being taken away as there is no competition for this top altcoin.
Rollblock already has a significant lead in terms of technology and players over any competitors that may enter the market. Rollblock's platform hosts over 7,000 fair games, and over 26,000 players already enjoy free and fast access across over 20 major cryptocurrencies.
Rollblock is also in the process of expanding this base with a cutting-edge sports betting platform. This platform allows sports bettors to bet on almost any event around the world.
Rollblock sports bettors can also bet using its signature gambling tokens.
This token creates value through an aggressive buyback program that uses 30% of the casino's own daily operating revenue. Half of these tokens are immediately burned to fuel deflationary price increases. The other half of the tokens will be used as high APY rewards to support the platform through staking.
Rollblock's first-mover advantage is expected to replicate Polygon's rapid progress. 100 times Increase from 2021.
Rollblock is currently more than halfway through stage 7 of its cryptocurrency presale, with tokens selling for just $0.0315.
Discover exciting Roll Block (RBLK) presale opportunities now!
Website: https://presale.rollblock.io/
Social: https://linktr.ee/rollblockcasino
