Altcoins
New altcoin with revenue sharing model attracts Solana and Dogecoin holders
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Rollblock, the new altcoin featuring a unique revenue sharing model, has attracted the attention of Solana and Dogecoin investors.
In the ever-growing world of cryptocurrencies, a new altcoin is making waves: Rollblock (RBLK). With high returns for its investors, Rollblock’s strategy has attracted many investors, including those seeking higher returns from the top altcoins on the market, such as Solana (SOL) and Dogecoin (DOGE).
Solana Extends Consolidation: Next Price Move?
At the start of this bull cycle, Solana (SOL) was one of the top altcoins to watch, but at the time of writing it is in what appears to be a consolidation phase. The current price of the SOL altcoin has not changed much and the bulls and bears are evenly balanced in the market.
Solana has traded between $158 and $173 over the past two weeks. Recently, the 50-period moving average crosses below the 200-period moving average, a bearish signal in technical analysis also known as a “death cross”. This means that in the short term Solana price could continue to fall, with support at the $120 level.
Dogecoin falls to the $0.13 region as bullish momentum gains traction
Since Dogecoin (DOGE) reached December 2021 levels in April, it has been on a downward trend. According to recorded data, it reached its yearly high of $0.230 on April 1, at a time when the entire market was on the rise, but Dogecoin price was unable to recover and exert any form of bullish pressure .
The recent increase in whale activity around the meme coin has failed to trigger a comeback, as Dogecoin has seen a sharp decline over the past week. If Dogecoin bulls fail to hold the support level at $0.130, a collapse to $0.120 or perhaps $0.100 could occur. In this unfavorable market environment, Rollblock has emerged as one of the altcoins to watch due to its unique revenue sharing model.
Investors turn to Rollblock for its revenue sharing model
Rollblock (RBLK) is a new project that has attracted attention as one of the best altcoins to invest in due to the unique revenue sharing model it possesses. The Rollblock team announced that up to 30% of the weekly revenue generated will be used to buy back RBLK tokens from the open market.
Half of the RBLK purchased by the team will be burned to strengthen the altcoin while the other half will be used to reward those who stake RBLK tokens. Rollblock offers an APR of up to 30%, higher than that offered by many of the top altcoins. Because this revenue sharing model strengthens the value of RBLK while rewarding RBLK holders, RBLK has been in high demand in the market.
In recent weeks, investors have purchased over 90 million RBLKs, helping Rollblock raise over $750,000 in its cryptocurrency ICO. Another reason why Rollblock is slowly but steadily becoming among the best altcoins to invest in this year is its market potential. This project has developed an online casino that has advantages over conventional casinos in terms of transparency, security and expandability.
The fact that Rollblock is in a $450 billion market gives it plenty of growth opportunities. As more and more people join the platform, RBLK, the platform’s native token is expected to rise rapidly. While RBLK is currently priced at $0.014 in the third round of the ongoing cryptocurrency ICO, projections of a rally towards highs between $1 and $2 have caught the attention of Solana and Dogecoin holders.
Conclusion
Due to the lack of bullish action in Solana and Dogecoin, investors are moving their assets to the more potential Rollblock. Besides the fact that RBLK holders can get up to 30% APR, the project’s model in the $450 billion market opens up even greater growth potential for the token than DOGE and SOL, a more important reason to join now to the project.
For more information about Rollblock, visit official presale site or join online community.
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