Ethereum finally looks ready to reclaim its crown as the leading layer 1 chain in the crypto space, as the Arbitrum scaling solution has recently demonstrated incredible bullish potential. Meanwhile, the highly oversubscribed presale Rollblock ($RBLK) continues to disrupt the online gaming space, as insiders forecast stunning 50x moves in the coming 12 months!
Ethereum ($ETH) Rises On NFT Resurgence
Ethereum has had an impressive month of trading and is currently up 19% to reach $3.73k. Year to date Ethereum is up 63%, a gain which has seen Ethereum retain its position as the second largest cryptocurrency in the market.
Recently NFT volume has returned to the Ethereum chain as legacy projects (including CryptoPunks) have seen their floor prices rise significantly in recent weeks. This will ensure that Ethereum fees continue to deliver and add to the Ethereum token burn, which sees Ethereum become deflationary in times of heavy demand.
Arbitrum ($ARB) Makes Gains Despite Unlock Fears
Arbitrum has gained 1.4% today to reach $0.97. In the past month of trading, Arbitrum has seen a hugely bullish 56% green candle, which has seen the Arbitrum price rise from $0.56 earlier this month.
Despite this bullish period of trading, there are concerns in the Arbitrum community that a huge token unlock will dampen the recent rally. Arbitrum will unlock 92.6 million ARB tokens on December 16th, which represents around 2.2% of the entire circulating supply. This could well see a huge number of Arbitrum tokens hitting the market, as early investors smash the sell button to lock profits at current levels.
Rollblock ($RBLK) Rides High As Community Members Receive A Share In Revenue
Rollblock ($RBLK) has seen over $7 million in inflows in only a few short months of its presale offering. The crypto market is catching up to the huge potential that Rollblock offers to disrupt the enormous addressable market of the online gaming industry. This is currently valued above $450 billion—a golden goose of a sector if ever there was one.
Rollblock goes about this disruption by securely encrypting all of its platform’s transactions onto the Ethereum chain, giving its gamers the ability to verify that nothing has been manipulated on-chain. This will go a long way to restoring trust in this much-maligned industry, historically prone to tampering and shady backroom practices.
Every week without fail, the casino will use a portion of its operating profit to buy up the native $RBLK token, going on to burn 60% of these tokens from the overhanging supply every time. The remaining 40% ends up in the hands of loyal community members, who can enjoy a generous staking yield of up to 30%.
This reflects the community-centered approach that Rollblock prides itself on. Investors can join the revolution at the low price of $0.041 while stage 9 coins remain up for grabs.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
