Rollblock ($RBLK): The New Gaming Coin Tipped to Make 100x Gains This Year

The coming alt season will see many coins break out of their month-long consolidation and hit huge new highs. Polkadot and Fantom are set to perform well but a new gaming coin, Rollblock ($RBLK), is being tipped for incredible 100x gains this year.

The cryptocurrency market is showing signs of slowing down, with several coins posting lackluster performance over the past week. Polkadot continues to struggle, while a new gaming coin, Rollblock, is attracting attention with the potential for 100x gains.

Polkadot (DOT) price fails to stage a convincing recovery

After hitting a high of $4.80 on Monday, Polkadot price encountered strong selling pressure and was quickly rejected. The world’s seventh-largest cryptocurrency dropped as low as $4.35 before staging a partial recovery. At the time of writing, Polkadot price is changing hands at $4.42, down 8.9% for the week.

The weekly losses come as Polkadot price continues to trade within a narrow range, having hit a low of $3.59 during the recent market sell-off. Polkadot bulls will now look to push above the $4.90 level and attempt to flip resistance into support. Failure to do so could see further churn in the coming weeks.

Meanwhile, Polkadot technical indicators show a bearish outlook, with the Relative Strength Index (RSI) flattening out and the Moving Average Convergence Divergence (MACD) about to cross bearish. On the upside, the Bollinger Bands are widening, indicating potential for a breakout in either direction.

Several on-chain metrics are also pointing towards bearish price action, with the Netflow Volume showing strong outflows from exchanges and the Spent Output Profit Ratio (SOPR) indicating that a majority of realized transactions are currently at a loss.

Despite the lackluster price performance, Polkadot is still up over 300% from the lows hit in December 2022. The upcoming alt season could still see Polkadot hit new highs, especially if there is a broader market recovery.

New gaming coin Rollblock explodes onto the scene

One coin that is attracting a lot of attention is a new gaming coin, called Rollblock ($RBLK). The coin is currently in a presale, which has already seen over $9 million raised.

Rollblock aims to disrupt the $450 billion online gambling sector by leveraging the incredible power of Web3 technology. It removes a major pain point from the industry by inscribing all bets on the blockchain, removing any risk of bets being tampered with.

The platform offers a wide range of over 150 casino games, including poker, roulette, blackjack and new favorites such as Zeppelin. A sports betting feature is also in the works and will allow for bets on major international sporting events.

In-game payouts are made in the native RBLK token, which has incredible utility on the platform as it can be staked for up to 30% in risk-free passive income.

RBLK also benefits from an innovative revenue share scheme that sees Rollblock buy back RBLK tokens weekly with a portion of its operating profits. Half of the repurchased tokens are burned and the remaining half are used for rewards.

The coin is available at a price of $0.0205 during the presale, which will not last much longer. Those looking to get in on the ground floor of a project with the potential for 100x gains should be sure to check out Rollblock.

To learn more about the exciting opportunities of the Rollblock (RBLK) presale, visit the website: https://presale.rollblock.io/ or follow on socials: https://linktr.ee/rollblockcasino

The above is the detailed content of Rollblock ($RBLK): The New Gaming Coin Tipped to Make 100x Gains This Year. For more information, please follow other related articles on the PHP Chinese website!