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Amid a bear market, Binance Coin and Shiba Inu holders are flocking to Rollblock, a GambleFi project with a $3.5m presale and 200x growth potential in 2024.
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In the midst of a bear market, holders of Binance Coin (BNB) and Shiba Inu (SHIB) are flocking to Rollblock, a GambleFi project with serious momentum. Currently in its 6th stage of presale, Rollblock is trading at $0.027 and has already raised over $3.5 million.
With analysts predicting a potential 200x surge in 2024, it’s no wonder investors are doubling down. But what makes Rollblock so compelling, and why are these crypto enthusiasts so confident? Let’s dive into the factors driving this buzz.
BNB’s bullish breakout
Binance Coin holders waited months to see the altcoin exceed the $600 price mark – a level it could reach this week if higher demand persists.
Recently, BNB’s price climbed by 3% after the US Federal Reserve slashed interest rates – the first such cut since 2020. BNB surged 14% over the past 13 days. But even with this bullish momentum, futures traders are turning bearish on BNB as they bet against the possibility of a sustained rally.
The funding rate for BNB futures has remained negative roughly at -0.001%, indicating skepticism about long-term growth. In this uncertain bear market, many BNB holders may start exploring new opportunities, such as the GambleFi platform Rollblock, which promises potential growth even in challenging times.
Shiba Inu’s struggle
Shiba Inu has faced challenges, with only 395 billion SHIB traded during a seven-day low on Sept. 15, 2024. With 64 billion SHIB traded roughly a day, this shows that demand continues to decline.
Despite this, SHIB has shown some resilience, recovering slightly from recent lows and breaking through minor resistance levels. Near $0.00001413, it remains above key support, suggesting it may not be fully out of the game yet.
While SHIB struggles with large transaction losses and lower volume, there’s hope it could stabilize in this bear market. However, many holders are exploring new options, like the GambleFi platform Rollblock, for better growth potential.
BNB, SHIB holders bet big on Rollblock’s no-KYC revolution
Most holders of Binance Coin and Shiba Inu are in on Rollblock, and one can see why: no KYC (‘Know-Your-Customer’; a regulatory requirement) processes are needed. All users need is an email. No identity checks or formal paper trails required. This is a major deal. It is a huge draw for those who value privacy and want a simple, hassle-free sign-up.
Rollblock’s hybrid GambleFi model takes it a step further by keeping things transparent and secure. It runs on a public blockchain, so every transaction is visible and accountable. This kind of transparency gives users peace of mind, knowing everything is above board.
Rollblock also uses blockchain’s privacy and security to safeguard transactions. Users can trust that their personal and financial data is safe from data breaches and tampering. Rollblock’s commitment to privacy and security ensures that their time on the platform, engaging with their favorite games is without a care in the world.
For more information, visit the Rollblock presale website or join the online community.
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This article first appeared at crypto.news