Solana has taken a sharp turn from its stellar rise last month amid the recent crash of the Solana memecoin, LIBRA, launched by the President of Argentina. Despite leading altcoins’ comeback with a surge to a new ATH last month, Solana‘s price has since cratered by 31%.
However, the online casino industry is still buzzing with excitement around Rollblock’s GambleFi solution, and analysts are predicting a bullish run for this year. Unlike any regular crypto, Rollblock stands out as a viral GameFi initiative that aims to disrupt the staggering $540 billion online casino industry by integrating cutting-edge Web3 technology into its platform.
Rollblock revolutionizes online casinos with blockchain technology. Analysts predict massive rally for RBLK
Rollblock stands out because it uses the Ethereum blockchain to provide a tamper-proof gaming experience. This means that every game result is securely recorded and can be verified by anyone, guaranteeing fairness and transparency. Rollblock is built with the user in mind. Its decentralized nature allows players to engage with games that offer provably fair odds, making each gaming experience thrilling and equitable.
Rollblock recently partnered with Google Pay and Ripple Pay, enabling fiat currency deposits on its platform. This development is a game changer for new players who may not yet have a crypto wallet. By lowering the entry barrier, Rollblock has opened its doors to a broader audience, inviting anyone to join in the excitement of digital gaming and online casino experiences.
The platform’s strong commitment to its ambitions has resonated with investors, allowing Rollblock to raise over $10.6 million during its ongoing presale. With a sustainable growth model in place, the price of Rollblock, currently $0.06, is anticipated to increase by 100x once it hits the exchanges.
Solana meme coin LIBRA in freefall: President Milei’s retraction sparks panic sell-off
President of Argentina, Milei, recently retracted a tweet promoting a new Solana meme coin called LIBRA, explaining that he shared the post with his 3.8 million followers without knowing much about the project. Following Milei’s retractions, the Solana meme coin’s market cap fell to $54M, nearly 90% from its all-time high of $4.5 billion.
The bear downturn had a ripple effect on Solana. The incident significantly impacted the Solana ecosystem, which fell by over 20% amid the panic sell-off. As of press time, Solana has fallen 31% to near its key psychological support at $170. The decline came despite rising speculations around a potential SOL ETF approval.
Analyst Ali Martinez has identified a breakout above a bullish head-and-shoulders pattern on the Solana price chart. He predicted a rebound from the $180 level could set the stage for a new run above $200. However, the upcoming $2.5 billion unlock in March could trigger more selling pressure.
Conclusion
The collapse of the Solana meme coin LIBRA after the President of Argentina withdrew his backing established a dramatic difference from Rollblock’s rising market potential. This further helps Rollblock stand out as an important player in the GameFi sector. Hence, the upcoming bullish run in 2025 is expected to transform RBLK into a high-yield investment, thus making it the most appealing coin among retail investors and large institutions.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
