Despite Bullish Predictions for Binance Coin, Investors Are Flocking to Rollblock Instead
Analysts are forecasting bullish momentum for Binance Coin with some suggesting that the altcoin could surpass the $800 mark by February 2025. Despite this, investors remain focused on Rollblock.
The GambleFi protocols token is projected to deliver a 100x return by the end of 2025, potentially outpacing Binance Coin in the process.
Rollblock Attracts 40,000 Early Investors
U.S. Data shows that iGaming fraud increased by 60% in the last 2 years. According to experts, this problem will continue without intervention.
Rollblock is tackling this problem with blockchain technology. The protocol offers more than 7,000 games, live dealers and sports betting all on-chain. This means every outcome is encrypted and registered on Ethereum completely eliminating the possibility of fraud.
This approach has attracted thousands of players over the last few months. In December alone, Rollblock saw a 600% increase in signups and deposits, along with an impressive $1.75 million in wagers placed.
Rollblocks presale has already raised over $8.9 million from over 40,000 early participants. Investors have praised Rollblocks potential to disrupt the casino industry, as well as its revenue-sharing model.
The protocol plans on using up to 30% of its revenues to buy back RBLK from the open market. 60% of those tokens will be burnt, while the remaining 40% will be used to offer some of the highest staking APYs in the market. Experts say this model, alongside Rollblocks success, made RBLK deliver a 330% return in its presale. Priced at $0.046, Rollblock is expected to reach $1 once it hits the open market.
Can Binance Coin Break $1,000 this Cycle?
Binance Coin has seen steady upward momentum recently, with its price rising to $700, a 0.7% increase over the last 24 hours. This growth reflects heightened market interest and positions Binance Coin near its December 2024 all-time high of $793. Analysts note strong recovery patterns in Binance Coin, supported by increasing Open Interest, which now exceeds $1 billion, signaling elevated market participation.
The technical outlook for Binance Coin is cautiously optimistic. The price remains above critical support at $690, with resistance at $710. A push beyond this level could lead to a test of higher Fibonacci retracement levels, with a medium-term target of $922 based on the current Elliott Wave count. However, the RSI hovers at a neutral 50, suggesting potential resistance to sustained upward momentum. A failure to hold above $690 might trigger a retracement to $675 or lower for Binance Coin.
Is 50x Realistic for Rollblock?
Analysts believe Rollblock could hit $1 and beyond by the end of 2025. The token has everything it needs to deliver a 50x return in the coming months, including strong backing, significant hype, and a robust revenue-sharing model. This could make Rollblock a better option for investors than Binance Coin, with early investors already seeing huge returns.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
- Website: https://presale.rollblock.io/
- Socials: https://linktr.ee/rollblockcasino
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Text source: NullTX
