Investors are reevaluating their holdings in tokens like Injective (INJ) and Near Protocol (NEAR) as DeFi disappoints again and fresh crypto sectors like GambleFi soar. Rollblock (RBLK) is getting the most attention as the top altcoin in the GambleFi sector. This crypto casino has already returned 170% to its earliest investors and is pegged for at least 100x growth in 2024.
Further Injective Growth Limited by DeFi Deflation
Injective may not be the biggest DeFi token by market capitalization, but it does have some of the most impressive technology in the sector. Injective provides specialized DeFi applications for complex transactions, such as prediction platforms and exchange order books.
It is no surprise that Injective’s price soared to almost $50 during the recent bull cycle. However, Injective’s price gave back much of these gains and is now below $20.
Injective has returned an impressive 150% this year, but it is unlikely to experience further growth in 2024.
DEX Disappointment Leads to Near Protocol Decline From 2024 Highs
Near Protocol is a development platform that has seen extensive use by DEXs in 2024. This sent the Near Protocol protocol price soaring alongside the rest of the DeFi sector on the expectation that 2024 would be the year that DEXs saw widespread adoption.
While the demand for DEXs did rise in 2024, it was nowhere near enough to maintain this rise in the Near Protocol price. Near Protocol fell from $9 at its highest point to its current price of around $4. Near Protocol is now trading at $4.49 and Near Protocols trading volume is up by 68% in the last 24 hours.
Soaring GambleFi Adoption Rates Have Rollblock Rocketing Higher
The adoption rate for the GambleFi sector is soaring, in stark contrast to the languishing numbers in DeFi. The $500 billion global gambling industry is in desperate need of a revolution driven by blockchain technology, and the tokens bringing this change are set to rocket higher.
As the top altcoin in the GambleFi sector, crypto casino Rollblock has been blazing through each stage of its presale faster than the last. Rollblock has already produced 170% returns for its earliest investors. This number is set to increase to 200% when it transitions to its seventh stage in the next few days.
Users are pouring into Rollblock’s crypto casino to enjoy seamless access to 7,000 games with 20 different crypto tokens. This experience is completely different from traditional online gambling sites, where high fees, wait times and red tape sap all the fun and profit.
Rollblock has further enhanced the online gambling experience with the latest in UX design and a thriving online community hosted on its social media ecosystem. Players and investors both get to partake in multiple new events and giveaways each week that bring the community and excitement of crypto to the stale online gambling model.
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The biggest driver of adoption rates is Rollblock’s revolutionary profit sharing. Rollblock pumps 30% of the casino’s daily revenue back into the hands of holders through aggressive buybacks, burn events and generous staking rewards.
RBLK’s stage six price of $0.027 is set to increase to $0.03 in stage seven and then a further 100x before 2024 is over.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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