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As XRP, Solana and Cardano struggle to recover, roll blocks have surged forward, capturing investors' interest with their unique proposals.
The crypto market has struggled to regain its upward momentum following the recent crash, with XRP, Solana (SOL) and Cardano (ADA) failing to show signs of a reversal. However, Rollblock (RBLK) is backing the trend, surgening to new highs behind Presale's launch. With the Transformative Web3 Games Platform and the Deflationary Revenue Sharing Model, the roll block can be set to 50x gain.
Roll Block: Market-Learning Web3 Game Sensation
Rollblock is set to transform the online gaming industry, which is currently valued at over $500 billion through its blockchain-powered casinos and sports betting platforms. Each month, Rollblock is growing new sign-ups, deposits and betting, proving increased dominance in the web3 gaming space. That pre-sale has already attracted more than $10.7 million inflows, highlighting the interest of large investors.
Boasting an extensive catalog of 7,000 classic casino games, including poker, blackjack and scores, RollBlock sets new standards for transparency and security in this much-needed industry. All bids and payments are anonymously protected on the Ethereum blockchain, providing a high level of transparency in an industry that is screaming for change.
Each week, 30% of Rollblock's revenue is reinvested in the purchase of RBLK tokens, and 60% of these buybacks are burned to reduce supply. The remaining 40% earns rewards and offers up to 30% APY to committed holders.
Investors are taking advantage of the 50% limited-time bonus on all RBLK purchases this week, as Stage 10 tokens are on sale at a discount of $0.06 at a fast rate.
XRP: I struggle under $2.50
XRP is under pressure following the latest market slump, and Ripple investors are still cautious about stepping into the uncertainty of regulators. The XRP price has dropped 17.20% to $2.21 over the past seven days. Ripple ranked fourth in the top 10 in the crypto as its market capitalization was recently overtaken by Tether.
Recently, the SEC has been separated from various crypto court cases. This means that the end of a long-term court battle with Ripple Labs may be invisible. With the approval of the XRP Spot ETF fund on the Brazilian Stock Exchange, Ripple is much more attractive to institutional investors, allowing XRP prices to be sent north of $3 when support is found.
Solana: Big sale keeps prices down
Solana continues to struggle after falling 19.71% last week, reaching $134.95 below support. Solana was subjected to weeks of massive sales pressure after a controversy over the launch of various failed meme coins in the chain.
At the time of writing, Solana has dropped by more than 50% from its recent high of $294. The looming FTX tokens have unlocked, and major sales from market makers, including WinterMute, are justly straining investors about further declines.
Cardano: Despite ETF hopes, there are no signs of recovery
Cardano has not escaped the recent market bloodbath. Over the past seven days, the price of the ADA has fallen 14.15% to $0.65. Over the past 30 days, Cardano lost 29.94% as prices fell sharply from the dollar level.
Nevertheless, the SEC officially confirmed that Grayscale had filed its recent Spot Cardano ETF fund. This was the first step towards final approval, and we could see Cardano follow in the footsteps of Bitcoin and Ethereum and launch the fund on Wall Street this year. If successful, Cardano can easily recover past $1 and get back $3 given the ample buying pressure from institutional investors.
Conclusion
XRP, Solana and Cardano have been freefalling recently, but the roll block is steadily growing. Once the Stage 10 tokens are sold out, investors are taking action before prices rise further in the coming weeks.
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