Investors Turn to Rollblock (RBLK) to Offset Tezos (XTZ) and Hedera (HBAR) Declines As GambleFi Surge To Record Highs

The approval of spot Ethereum ETFs is one catalyst that pushed many altcoins into the green region Last month. While most of them are still trading in the green region, others like Tezos and Hedera have dropped back into the red region.

This price drop has forced investors to seek refuge in new DeFi projects like Rollblock. Rollblock is a platform that is linked to the billion-dollar gambling industry. Analysts have predicted that the value of Rollblock will increase by 50x in the following months.

Tezos (XTZ) Loses Upward Momentum Leaving Investors Disappointed

CoinMarketCap data reveals that the once bullish Tezos (XTZ) has dropped back into the bearish market. The price of Tezos has dipped 4.0% on the weekly chart. This price drop took Tezos from a weekly high of $1.00 to a low of $0.92.

One would expect that the loss is only on the weekly chart. Sadly, it is also on the monthly chart (4%). The only gains on the Tezos price chart are on the biweekly and yearly charts. Going forward, analysts are optimistic about Tezos continuing its upward price movements. They have forecasted a target of $1.34 for the altcoin.

Hedara (HBAR) Retains Huge Gain on the Yearly Chart Despite Bearish Pressure

Hedara (HBAR) is also one of the altcoins that has fallen back into the hands of the bears. A look at the Hedera price chart on CoinMarketCap shows losses of over 5% on the weekly, bi-weekly, and monthly price charts.

However, Hedera’s price performance on the yearly chart is better compared to Tezos. Hedera’s yearly price chart shows a gain of 100.6%. Analysts predict that the price of Hedera will rise to $0.1843 in the next few weeks.

Rollblock (RBLK): The Best Crypto Investment for Stable Returns

While Hedera and Tezos are battling with bears, the price of Rollblock (RBLK) has increased by 40% hitting an all time high of $0.014. This bullish rise has attracted investors from the crypto community including Tezos and Hedera. Rollblock is a project that aims to capitalize on the growing GambleFi economy to reach new highs.

To capitalize on this project, Rollblock has embraced the use of blockchain technology to provide top-notch security and safety for investors. This is a major problem that has been plaguing the gambling market in the past few years. Luckily for gamblers, Rollblock is here to set things straight. Rollblock’s online gaming platform is one of the fairest in the gaming world. It is community-based and does not cheat its users.

Over 150 high-paying games can be played by users on Rollblock without complex KYC, making it one of the best DeFi projects in the market. Rollblock plans to add more exciting games before the end of this year. Apart from the prizes given to gamers and bettors, Rollblock also offers its users an opportunity to earn free RBLK tokens.

Rollblock has a revenue-sharing model where players can stake their RBLK tokens to earn rewards. This is how it works. Rollblock uses part of its revenue to buy back RBLK tokens. Half of them will be used to reward RBLK stakers, and the other half will be burned to create scarcity and increase the value of RBLK.

Conclusion

Rollblock has emerged as the best crypto investment for investors right now as Tezos and Hedera are battling with bearish pressure. Rollblock’s connection to the GambleFi sector is one major catalyst that market experts believe will increase the adoption and value of RBLK in the coming months.

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