The GambleFi sector just scored another win as online sports betting flourishes. Outdated tokens like Litecoin (LTC) and Bitcoin Cash (BCH) cannot compete with GambleFi top altcoin, Rollblock (RBLK). The jump in sports betting has analysts projecting 200x growth for Rollblock’s crypto casino in 2024 alone.
Litecoin continues its long slide into irrelevancy as fast and cheap transactions become the norm. When Litecoin was originally forked from the Bitcoin blockchain in 2011, fast and cheap transactions were cutting-edge technology. Now, Litecoin is actually slower and more expensive than new blockchains that do not even specialize in transactions.
The Litecoin price is already down 10% this year and expected to slide lower. Litecoin’s price was recently hit with the bad news that a record number of wallets had closed their accounts with the token.
Bitcoin Cash has a similar history as a fork of the Bitcoin blockchain aimed at improving the performance of Proof of Work for transactions. Bitcoin Cash has suffered a similar fate as Litecoin, as the technology moves past Proof of Work blockchains entirely.
The Bitcoin Cash price is still up more than 40% this year. However, this still represents a 60% drop from 2024 highs, and it looks like the final rally for the token. Bitcoin Cash is now trading at $324.93, and Bitcoin Cash’s trading volume is down by 21.09%.
In contrast to the market for transactions, the GambleFi sector is looking at explosive growth. GambleFi tokens were already rocketing higher even before the recent announcement that U.S. sports betting was bouncing.
As GambleFi’s top altcoin, Rollblock is in the perfect position to benefit from this growing interest in online sports betting. The projected traffic increase for Rollblock’s crypto casino has analysts increasing their 2024 growth estimates to more than 200x.
Rollblock is in the process of finalizing its sports betting platform just in time to profit from the rise in online sports betting. Rollblock’s sports betting platform has been identified as one of the best in the market, with generous odds available on everything from major league sports to golf, boxing and Formula 1 racing.
Rollblock already has a thriving crypto casino with more than 150 of the industry’s best games. More than 10,000 players are currently enjoying seamless access to Rollblock’s next-generation online gambling experience, and sports betting will make the perfect addition to this existing success.
New sports bettors will also enjoy Rollblock’s innovative gambling token that generates returns even before the first bet is placed.
Rollblock’s revenue-sharing program buys its own tokens off the market, using up to 30% of each day’s revenues. Half these tokens are given out as rewards for staking with Rollblock. The other half is burned to increase the value of the remaining RBLK.
Rollblock was already dominating the $450 billion global gambling industry with its game-changing crypto innovations, but this new influx of sports bettors sent growth estimates even higher.
Rollblock is now expected to sell out of its stage six tokens at $0.024 at an even faster pace than its record-breaking fifth stage.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Pooja Lodwal is a skilled crypto writer with two years of experience in blockchain and digital currencies. She simplifies complex topics, making cryptocurrency easy to understand for all readers. Whether it’s Bitcoin, altcoins, NFTs, or DeFi, she breaks down the latest trends in a clear and engaging way. She stays updated on market news, price changes, and emerging developments to provide valuable insights. Her articles help both beginners and experienced investors navigate the ever-changing crypto landscape. Pooja believes in blockchain’s potential to transform the future of finance and is passionate about sharing her knowledge. Her writing is simple, informative, and accessible, ensuring that even newcomers can grasp key concepts with ease. By breaking down complicated terms, she makes learning about crypto enjoyable. Through her work, Pooja continues to educate and inspire readers, helping them stay informed about the exciting world of digital assets.
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