Previously top altcoins Arbitrum (ARB) and Optimism (OP) continue to slide as the demand for their Layer 2 blockchain scaling solutions wanes. However, one ERC-20 token is blazing ahead despite the decline in the activity of the greater ecosystem. Rollblock’s (RBLK) crypto casino is racing toward the end of its presale and 100x projected growth for 2024.
Arbitrum Dragged Down Despite Technical Advances
Arbitrum was hit hard by the Ethereum ETF flop, like all other Layer 2 blockchain scaling solutions. Arbitrum has worked hard to push back on this downward trend with steady technical advances. However, the selling pressure from the decline of Ethereum’s ecosystem has been too strong to overcome for Arbitrum.
The Arbitrum price is only down to $0.51 from $0.52 one week ago. However, this latest drop adds to Arbitrum’s total fall from $0.90 one year ago.
Optimism Protected by Independent Enterprises
Optimism suffered a similar fate after the disastrous rollout of the Ethereum ETFs. However, Optimism is more resilient to the downturn of the Ethereum ecosystem, as it has many active enterprises that rely on its Layer 2 blockchain. This activity from Ethereum-based tokens that operate outside the ecosystem, such as DEXs, has protected Optimism from the worst results.
Optimism’s price has managed a small gain from $1.34 to $1.40 for the year. However, this ignores the fact that Optimism’s price was above $4.50 at the height of the Ethereum ETF hype.
Rollblock’s Winning Formulas Sets Sights on Online Gambling
Crypto casino Rollblock is an ERC-20 token that is bucking the downward trend from the Ethereum ETF fallout. This top altcoin is racking up win after win as it blazes through its record-breaking presale.
Rollblock now has more than 12,500 registered investors who have purchased more than $3 million worth of its tokens.
The demand for Rollblock’s presale is the result of its position as the only crypto casino ready to take on the $500 billion global gambling industry. This enormous revenue source is there for the taking as a new generation of gamblers demands a next-generation online gambling experience.
Rollblock’s formula to satisfy this demand is to use the technology of blockchain and the culture of crypto to transform the online gambling experience.
Players can now log in from anywhere in the world and hit the tables right away without miles of red tape or hidden fees. More than 150 of the industry’s best games are available on a platform that uses the latest in UX design.
Rollblock’s crypto culture means generous deposit matching for new players and a never-ending succession of new events and giveaways.
Rollblock’s tokenomics are changing how the game is played. 30% of each day’s revenue is used in open market buybacks. These tokens are then burned to drive up the price of RBLK or used as staking rewards to provide income to players and investors.
This winning formula has Rollblock set to explode 100x higher from its stage six price of $0.025 before the end of 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Arbitrum and Optimism Suffer From Ethereum Decline, but Rollblock Goes From Strength to Strength appeared first on ETHNews.
