Rollblock Price Prediction – Is $RBLK the Next Rollbit?
The post Rollblock Price Prediction – Is $RBLK the Next Rollbit? appeared first on Coinpedia Fintech News
Predictions and gambling have emerged as one of crypto’s “killer apps,” and Rollbit leads the way in terms of token value.
However, a new contender called Rollblock is looking to expand its market share. It’s undergoing a presale and has achieved notable success so far. Will it explode like Rollbit?
Innovative Tokenomics and “Play-as-the-House” Deal RBLK a Strong HandRollblock is good – but it operates in a competitive vertical.
The project has raised $3.4 million in its presale, which is a substantial sum. It is currently priced at $0.026, but this will increase throughout the campaign.
60% of tokens are allocated to the presale, with the remainder split between marketing, rewards, and the team.
And on tokens, RBLK powers the Rollblock ecosystem.
The team compares holding the toke playing “as the house” because it rewards holders based on the casino’s success.
It does this by buying back RBLK tokens off the open market with a portion of the casino’s revenue. It will burn 60% and redistribute 40% as reward.
Other token benefits include staking rewards, VIP bonuses, and rakebacks.
This is a robust system, but it’s far from an industry-first. Projects like Rollbit, WINR Protocol, and TG Casino have similar features.
That brings us to the risks/potential limitations. Many casinos are already on the market. While Rollblock undoubtedly has a strong use case, it follows the existing GambleFi blueprint without offering any major changes.
That said, the GambleFi narrative is pumping at the moment, which could benefit RBLK.
It’s led by Rollbit’s RLB, a token popular for its buyback and burn mechanism and the platform’s significant monthly revenue.
While RLB launched in 2022, it burst into the mainstream crypto consciousness in early 2023 and reached a fever pitch late last year.
It exploded to an $800 million market cap but faced adversity in the following months.
However, things are looking up for Rollbit – its price has surged 60% in the past month, and analysts such as Cevo and Ansem are backing it for further growth.
But what does this mean for Rollblock?
Crypto News Flash suggests that, in a bullish scenario, the Rollblock price could rise 100x from its initial presale value.
The initial price was $0.01, translating to a price prediction of $1. This works out at a 40x from its current price.
Meanwhile, Analytics Insight predicts a 7x gain. This seems more attainable and would match the returns of TG Casino following its presale.
The rising momentum of Rollbit provides Rollback with a strong tailwind.
As evidenced by analysts varying opinions, its price potential remains wide open. However, based on its use case, a fair value seems around 7-12x higher than its current presale price.
To go beyond that, we would expect the team to introduce new products that capture market share from competitors.
An alternative GambeFi token to consider is Memebet token. It’s also undergoing a presale but has the distinct feature of being created solely for meme coins.
New GambleFi Coin to Watch: Memebet Lets Users Wager Top Meme Coins, Presale Raises $200KThe Memebet token presale has gotten off to a strong start, raising over $200K in two days.
Its inherent focus on “joke tokens” sets it apart from other crypto casinos – but don’t be fooled – the casino is dead serious.
Memebet is a unique mix of innovative gaming and light-hearted fun. It boasts thousands of games and sportsbook events to gamble on.
The project’s main power is providing utility to previously idle meme coins. This fulfills the vision of Dogecoin’s driving narrative – meme coins to be used as currency, just like the U.S. Dollar.
100% of the $MEMEBET tokens are allocated to the community: 70% for the presale, 20% for casino rewards, and 10% for exchange liquidity.
It’s running a Play-to-Earn airdrop for users who wager on the casino before the presale ends, and dozens of other reward initiatives and exclusive features are lined up.
Memebet Casino is set apart in its focus on meme coins and commitment to the community.
It’s early days, and we still don’t know how far it can go – but analysts are interested.
The 99Bitcoins YouTube channel says it can 100x.
“It’s trying to bring the fun back to the meme coin ecosystem,” said Umar Khan.
Currently, the Memebet token presale is at its lowest-ever price of $0.025.
However, this will rise throughout the ICO, with the next increase later today.