Cryptocurrency

New altcoin with revenue sharing model attracts Solana and Dogecoin holders

Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

Rollblock, a new altcoin with a unique revenue sharing model, has caught the attention of Solana and Dogecoin investors.

In the ever-growing world of cryptocurrency, a new altcoin, Rollblock (RBLK), is making waves. Rollblock’s strategy of delivering high returns for investors has attracted many investors, including those seeking higher returns from market-leading altcoins such as Solana (SOL) and Dogecoin (DOGE).

Solana Extends Consolidation: What’s Next in Price?

Solana (SOL) was one of the top altcoins to watch at the start of this bull cycle, but at the time of writing, it appears to be trading sideways. The current price of the SOL altcoin has not changed much, with bulls and bearers evenly balanced in the market.

Solana has traded between $158 and $173 over the past two weeks. Recently, the 50 line has broken below the 200 line, which is a bearish signal also called a ‘dead cross’ in technical analysis. This means that in the short term, the Solana price could continue to fall with support at the $120 level.

As the bullish momentum fades, Dogecoin falls to the $0.13 region.

Dogecoin (DOGE) has been trending lower since reaching December 2021 levels in April. Historical data shows that despite reaching a yearly high of $0.230 on April 1, at a time when the overall market was rising, the Dogecoin price failed to bounce back from any form of bullish pressure.

The recent surge in whale activity surrounding the meme coin failed to spark a comeback as Dogecoin recorded a steep decline last week. If Dogecoin bulls fail to hold the support level of $0.130, it could fall towards $0.120 or $0.100. Amid these poor market prospects, Rollblock has emerged as one of the notable altcoins due to its unique revenue sharing model.

Investors choose Rollblock for its revenue sharing model.

Rollblock (RBLK) is a new project that is gaining attention as one of the best investment altcoins due to its unique revenue sharing model. The Rollblock team announced that up to 30% of the weekly profits generated will be used to buy back RBLK tokens on the open market.

Half of the RBLK purchased by the team will be burned to power the altcoin, and the other half will be used to reward those who stake RBLK tokens. Rollblock offers APRs of up to 30%, which is higher than what many top altcoins offer. RBLK has been in high demand in the market because this revenue sharing model rewards RBLK holders while enhancing the value of RBLK.

Over the past few weeks, investors have purchased over 90 million RBLK, helping Rollblock raise over $750,000 in its cryptocurrency ICO. Another reason why Rollblock is slowly but steadily becoming one of the best altcoins to invest in this year is its market potential. This project has developed an online casino that has advantages over traditional casinos in terms of transparency, safety, and scalability.

Rollblock offers many opportunities for growth in a $450 billion market. As more people join the platform, RBLK, the platform’s native token, is expected to rise rapidly. RBLK is currently priced at $0.014 in the third round of the ongoing cryptocurrency ICO, but expectations of a rebound to highs between $1 and $2 have caught the attention of Solana and Dogecoin holders.

conclusion

Due to the lack of bullish behavior from Solana and Dogecoin, investors are moving their assets to the more promising Rollblock. Aside from the fact that RBLK holders can earn up to 30% APR, the project’s model of a $450 billion market opens up much greater growth potential for the token than DOGE and SOL, which is a bigger reason to join the project now.

For more information about Rollblock, visit the official pre-sale website or join our online community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.

Source: https://crypto.news/rollblock-new-altcoin-with-a-revenue-share-model-draws-solana-and-dogecoin-holders/

Related Articles

Back to top button