6 months ago
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February 14, 2025 by Vaigha Varghese
The market-wide sell-offs have taken a toll on Avalanche’s price action as it broke below critical support levels. While AVAX managed to regain some ground, analysts speculate it could take a few weeks for Avalanche to see a relief rally, as uncertainty is still prominent and market participants are adopting a more cautious approach.
Many of them are opting to rotate funds into low-cap projects that are still flying under the radar, as they could grant considerably higher ROI once bullish momentum picks up. One such outlier is Web3 gaming platform Rollblock, which has already raised more than $10 million during the viral presale of the native RBLK token and demand is only growing.
A Dive Into Rollblock’s Unique GambleFi Platform
By leveraging blockchain technology, Rollblock sets itself apart from run-of-the-mill online casinos running on obsolete platforms. This innovative framework allows it to solve all typical issues common within the industry, namely, the lack of security and transparency, which have allowed bad actors to get away with unlawful practices to the detriment of users. On Rollblock, all transactions are immutably inscribed on the blockchain, which renders them easily traceable and immune to tampering.
Over 45,000 players have made Rollblock their platform of choice and are already enjoying the massive 7,000-game library designed to cater to every type of taste. From blackjack and poker to live games and even new AI-driven exclusives, Rollblock has it all. Moreover, a sports betting platform has been recently released as well, allowing users to bet on their favorite sporting events and tournaments. The introduction of this feature alone led to a 600% spike in new registrations in December, cementing Rollblock as one of the fastest-growing gaming ecosystems in the space.
Rollblock also offers a passive income mechanism that rewards holders and allows them to earn money on autopilot. Up to 30% of Rollblock’s revenue is reinvested weekly to buy back RBLK from the open market. 40% of this amount goes towards the community in the form of staking rewards, the remaining tokens are burned, making RBLK deflationary and priming it for massive rallies as the GambleFi narrative heats up.
Avalanche Slips 4.3% What’s Next?
After breaching the $30 support, Avalanche (AVAX) entered a descending channel that saw it return to its pre rally value. At the time of writing, Avalanche sells for $25.30 following a 4.3% intraday increase, which brings its total monthly losses to around 34%, making it one of the worst-performing altcoins in the crypto top 20. However, as the Avalanche chart is bottoming out, buying activity is cautiously picking up, as AVAX investors buy the dip
This is supported by the Avalanche’s RSI score, which is currently sitting at 31 on the daily time frame, in deep oversold territory. This signals that Avalanche sellers are becoming exhausted, and could soon give space for a bullish takeover. Analysts are eyeing a reclaim of the $30 resistance as the next major target, and once the market shifts the trend, Avalanche could rally toward $50, depending on the market climate.
A 100x Rally Ahead For RBLK?
Stage 10 of the RBLK presale is now live and tokens are selling for only $0.055. This is the perfect entry point for investors who want to join the Rollblock revolution and lock in incredible gains when the bull market is in full swing. By the end of the presale alone, analysts expect returns of at least 800%, followed by a massive 100x multiplier once listings on major exchanges are finalized.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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