Trends in the crypto market are evolving. Avalanche (AVAX) falling while Rollblock (RBLK) and Aave (AAVE) rally shows that the market has moved on from small utility blockchains to big bets on GambleFi and DeFi. Aave’s decentralized lending is taking off, and Rollblock’s commitment to community fun and profit has it pegged as 2024’s top altcoin on course for 100x returns.
Ethereum ETFs Are Final Straw for Many Avalanche Investors
The sudden 11% plunge in the Avalanche price this week has investors throwing in the towel on this small utility blockchain, with many more Avalanche investors expected to sell in upcoming weeks.
Users are now dumping highly contested blockchains like Avalanche in favor of congregating in a handful of top ecosystems like Ethereum and Solana. Avalanche keeps trying to compete on technology, not realizing that developers are also looking for a large market for their dApps and the opportunity for on-chain collaboration.
It is no surprise that the massive user growth in the Ethereum ecosystem this week after the launch of the Ethereum ETFs led to the steep decline in Avalanche’s price.
Aave’s Price Continues to Rally on DeFi Platform That People Actually Use
The 20% Aave price rally this week brings its total increase for the year to 67%, thanks to its unique DeFi model.
Unlike most DeFi tokens that act as intermediaries on small and obscure ecosystems, Aave is a platform that people actually use to lend and borrow money or seek capital for projects. Aave’s focus on real people with real problems is how it managed to break the DeFi curse and generate regular income for token holders.
Rollblock’s Olympic Giveaway Is Part of Its Winning Formula of Fun and Profit
Rollblock is smashing presale records every month during its much-anticipated presale. Rollblock saw the massive potential of the boring, outdated $450 billion global gambling industry and brought about a crypto revolution that is quickly taking over.
Rollblock makes gambling fun again with its combination of decentralized and centralized gaming. Rollblock features more than 100 of the best games in the industry, with 1,000s of new players signing up each week. New sign ups don’t need to pass KYC checks to start. Instead, they can simply sign up with their email or crypto wallet.
Rollblock has a massive social media presence and hosts regular events and giveaways that create a real sense of community for its players. The latest giveaway is a celebration of the Paris Olympics that features prediction games for sporting events with generous prizes for the best guesses.
In addition to its casino, Rollblock has implemented an aggressive buyback program. Rollblock uses up to 30% of its daily revenue to purchase $RBLK tokens from the market. 50% of these tokens are used as generous staking rewards, while the other half are burned to maintain a strong deflationary trend for RBLK.
This combination of fun and profit is why analysts expect RBLK’s current 4th stage price of $0.0175 to increase by more than 100x by the end of 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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The post AVAX Avalanche Continues. Rollblock (RBLK) Sprinting To Crypto One-To-Watch First Place: Olympic Giveaway Launched. Aave (AAVE) Ascends appeared first on ETHNews.
