Solana is on a bullish trend right now, but the savvy Solana whales are being cautious about Solana’s poor performance against Bitcoin and Ethereum. Amidst this mixed sentiment, Solana whales are turning to Rollblock’s ($RBLK) viral GambleFi protocol that is poised for 100x gains on its official launch day.
Solana Falls Behind on SOL/BTC and SOL/ETH Charts
Solana has recorded nearly 10% gains over the last seven days after the token’s community sentiment turned extremely bullish. Amidst these gains, analysts are projecting Solana to reach $180 in Q4 if the current momentum persists. However, Solana’s Sharpe ratio has dropped to -0.72 which suggests more risks than profits for short-term investors.
Solana is currently trading at $144.45 after a minor 0.59% intra-day surge. On the SOL/ETH chart, Solana has fallen nearly 6.27% against Ethereum, suggesting high market volatility. The same trend can also be observed on the SOL/BTC pair with Bitcoin outperforming Solana’s recent gains. If this downward trend continues, Solana’s short-term price target of $180 might just be a massive bull trap as the recent uptick in Solana’s price is expected to reach an end soon.
Rollblock ($RBLK) Raises Nearly $4M During Viral Presale
Rollblock’s viral presale has been the source of all the hype in the last few months, especially with its massive 100x potential. While investors were initially cautious about this new ICO, Rollblock has now established its potential for gains by rallying 170% already and raising nearly $4 million in presale. As Rollblock continues to reach new milestones every week, even Solana whales are beginning to buy into Rollblock’s new GambleFi protocol.
Since Rollblock is committed to user privacy and experience, all bets and transactions made on the casino are automatically inscribed on the immutable Ethereum blockchain. With this top-tier security, Rollblock is already surpassing traditional casinos with unchangeable bets, transparent betting analytics, and the most provably fair gambling.
For now, Rollblock’s casino boasts a massive selection of 7,000+ AI-powered games that are all built on the latest Web3 technology. Not only does this include casino classics like roulette, blackjack, and slots, but Rollblock has also developed exclusive games for its casino, such as KENO and Max Car Racing, which already have more than 15,000 daily active users. In upcoming months, Rollblock also plans to integrate sports betting on its casino which will allow traders to place high-stakes bets on top international leagues such as the NBA, NFL, UFC, MMA, F1, La Liga, and more.
Since Rollblock’s native $RBLK can also be added to a staking pool to receive weekly rewards with up to 30% APY, investors can easily earn a passive income by investing in Rollblock. This revenue-sharing mechanism works through buybacks of $RBLK at market price, ensuring that Rollblock’s price remains on a deflationary trend over time due to increased supply and a hard-capped supply of 1 billion tokens.
Rollblock’s presale stage six is nearly 90% sold out, with tokens selling at a low price of only $0.027 per token. As Rollblock gains more traction ahead of its official launch in Q4, analysts project a total of 880% gains for Rollblock’s early investors by the end of its presale stages.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
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