New GambleFi token sets 1000x as Ethereum and Solana whales divert attention

Cryptocurrencies fall 8% MoM, but Rollblock presale success attracts ethereum and Solana whales, hitting a fifth ATH in a month.

The cryptocurrency market has been stagnant after falling 8% month-on-month. However, GambleFi’s new innovation, Rollblock, has continued to draw attention with its pioneering pre-sale success.

The ethereum-based iGaming platform, which aims to reshape the global casino industry, has managed to get its blue-chip tokens snapped up by ethereum and Solana whales worth 100x. While the duo follows the crypto bear market line, rolling block hit its fifth ATH in a month and experts have named it the next 1000x cryptocurrency. Let’s find out why.

ethereum targets August 5 low as whales abandon ship

Since the August 5 crash, ethereum has struggled to stay above the $2800 mark, and whales are growing impatient with this lackluster performance. Recent on-chain data shows a massive decline in whale activities and flow, further increasing the bearish sentiment around eth.

Just a few days ago, ethereum price fell below the short-term support level of $2520 and it could face a further drop to a local low of $2120. Technical indicators like the RSI and AO are also pointing to a bearish eth. This culminated in whales casting a wider net with brighter opportunities.

The solana flounder raises the red flag among whales

Solana definitely had the potential to be the “next 1000x cryptocurrency” in its early days. But this shining star has seen its light dimmed unfavorably by intensifying bearish action and market uncertainties. In fact, SOL’s incessant decline has shown a red flag for astute whales who have grown tired of the token since its decline on FTX.

Last month alone, Solana lost 20% after falling below the crucial $130 support. This drop was accompanied by an 87% decrease in on-chain and DEX volumes compared to March statistics. Meanwhile, whales have been on a selling spree. Over the past few weeks, Solana whales have dumped over $34.3 million to cover their positions.

Rollblock Up 140%: Is GambleFi the Next 1000x crypto Gem?

The cryptocurrency market is known for its periodic downtrends, which is exactly why ethereum and Solana have been losing steam lately. But since the beginning, high-potential pre-sales have always been the ideal haven for whales and smart investors. rolling block has once again presented this option on a silver platter.

At its core, Rollblock offers an ingenious combination of DeFi and the best of traditional casinos to create a decentralized, user-centric, yet exciting gaming ecosystem for gamblers. It’s a redefined Las Vegas experience at your fingertips!

The unique feature was probably half of the appeal that made Rollblock’s GambleFi pre-sale surpass its $3 million valuation in just a few weeks. Rollblock is reintroducing incentivized staking by incorporating various passive income streams into its tokenomics, which sparked interest from Solana and ethereum whales. This includes the revenue share program, where holders share 30% of the weekly revenue.

This GambleFi platform has made every investor’s dream come true, and it’s no surprise that experts have named it the next crypto gem that will multiply the value of the cryptocurrency by 1000 times. Deflationary tokenomics is on the way to burn the token supply and improve the value, a feature that every successful project needs in tough times. The pre-sale has already accumulated over $3 million, and the path to 1000x the value of the cryptocurrency is still fast. The price is still only $0.024, so interested investors are missing out on the opportunity to imitate the next blue-chip cryptocurrency.

For more information, please visit the Rollblock Pre-sale Website or join the Online community.