The Ethereum Foundation recently made yet another sale of ETH tokens, disappointing loyal token holders and calling into question Vitalik’s leadership. At the same time, Rollblock (RBLK) has been flying off the shelves during its presale as whales take positions ahead of an expected 50x surge over the coming months.
Rollblock (RBLK) Being Snapped Up As Presale Accelerates
Rollblock (RBLK) has seen a huge uptick in whale inflows recently as its promising token launch approaches the $10 million milestone. So far, more than $9.7 million has been invested into this disruptive crypto gaming platform as more than 45,000 investors have taken positions in only a few short months.
This corresponds to a massive surge in new users of the platform, with new sign-ups growing by more than 600% during the month of December. This rise in popularity is not surprising as Rollblock offers huge disruption to the enormous $500 billion online gaming market. Every single transaction across 7,000 games and a sports prediction league is secured anonymously onto the Ethereum blockchain, eliminating any risk of bet fixing.
Holding RBLK offers so many benefits, from access to VIP areas and free spins on the wide range of slot machines to staking rewards of up to 30% in return for securing the network.
A unique profit-sharing scheme also ensures a strictly deflationary supply as each week up to 30% of the platform’s profits are plowed back into buying up RBLK on exchanges. These tokens will likely never see the light of day as 60% of them are permanently destroyed and the remaining 40% fund the staking dividend.
Ethereum (ETH) Foundation Sells 100 ETH Despite Buterin’s Pledge
The Ethereum Foundation has been courting controversy recently after selling 100 $ETH tokens at an average price of $3K. This most recent sale of Ethereum was made in exchange for 307.8K $DAI tokens.
Ethereum founder Vitalik Buterin previously went on record to say that he would put a stop to the Ethereum Foundation’s constant selling and instead use staking income to support the foundation.
The Ethereum price has been in a marked downtrend recently, dropping by 5% in the last month and currently trading at $3.2K. The past 24 hours have been more bullish for Ethereum as it has gained 2.5% after bouncing from $3.1K. If the Ethereum Foundation can stop its relentless selling, then many analysts are confident that Ethereum could reach a price of $10K this year, although it has continued to underperform many top 10 coins so far this cycle.
Supply Of $RBLK Will Crater During Coming Rally
While Ethereum tokens are flooding the market and suppressing its price, the supply of Rollblock (RBLK) is actually going in the opposite direction and becoming scarcer over time. This has led to a market consensus that RBLK could rally up to 50x from its current price of $0.052 in its first major bull run to reach the $1 level. It is no wonder that whales are racing to secure a position during stage 10.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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