The post Sui TVL Isn’t Far Behind Solana Unlike Ghost Chain Kaspa, Rollblock Revenue Explodes In December Causing FOMO appeared first on Coinpedia Fintech News
The Sui chain has emerged as a strong contender to dethrone Solana in terms of its DeFi dominance. Meanwhile, hordes of investors are rotating away from Kaspa into the massively promising Rollblock (RBLK) presale, as experts predict a coming 50x rally that will shake the GambleFi world to its core.
Rollblock’s (RBLK) Bullish Buybacks Spell Scarcity for GambleFi Token
Rollblock (RBLK) continues to dominate the GambleFi presale scene and recorded an astonishing uptick in user activity in December. It saw an incredible 600% spike in new signups during December, largely due to the successful launch of the Rollblock sports betting league. More than $1.75m of wagered bets were placed in just a month, which looks set to double in the weeks ahead.
There is no danger of bets being manipulated or changed once placed thanks to Rollblock’s practice of inscribing all data onto the Ethereum blockchain and allowing its gamers to verify that everything is fully above board.
Rollblock’s focus on providing a transparent gaming environment has led to its securing a coveted license from Gaming Anjouan in recent weeks.
All in-game payouts are made using RBLK, which can be staked for up to 30%—some of the highest yields in all of crypto. Each week, millions of tokens are stripped from exchanges thanks to the Rollblock profit-sharing scheme. 60% of these buybacks are burned to make the supply deflationary, while the rest are awarded to diamond-handed stakers in the Rollblock community.
Stage 9 RBLK tokens are already over 58% sold at the price of $0.0445, and the presale has so far raised more than $8.3 million.
Sui (SUI) Racing to Match Solana in the DeFi Stakes
Sui has had an incredible run over the last six months, gaining more than 500% in this time to reach a price of $4.57. In the last week Sui has gained 11% in contrast to the wider market sell off.
Sui is emerging as a potential Solana killer, and DeFi activity has recently exploded on the chain. Total value locked on Sui recently surpassed an incredible $2 billion, a mere three months after Sui reached the $1 billion mark. Much of this growth has been driven by the launch of stablecoins and lending protocols on Sui.
Kaspa (KAS) Stuck in the Mud at $0.11
The same kind of growth sadly cannot be seen on Kaspa, which has been stagnant for the last 12 months. In fact, the Kaspa price is now 1.4% lower than it was a year ago, and Kaspa has lost a woeful 40% in the last month alone. This has brought the Kaspa price down to $0.11 and sent it to the lower end of the crypto top 50 at number 47.
Despite a recent listing on the Nexo exchange, Kaspa has been unable to galvanize much momentum so far this cycle and could easily continue to fall and retest support at $0.07 in the weeks ahead.
Rollblock Offers True Disruption as Presale Accelerates
As Sui sets its sights on surpassing its rival Solana, and Kaspa holders grow increasingly frustrated with its bearish momentum, Rollblock (RBLK) emerges as the most promising altcoin at this point in the crypto cycle. Going forward, it will only grow more scarce, and the disruption it offers to the $500 billion gambling sector is immense. Stage 9 tokens will likely sell out in the days ahead, meaning a further price rise is inevitable.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
