Investors are always searching for tokens with deflationary mechanisms to invest in, as they offer higher long-term returns due to price stability. Ethereum (ETH) and Shiba Inu (SHIB) are top crypto coins that offer deflationary features that ensure token price stability. However, an upcoming GambleFi platform is set to offer a better deflationary mechanism.
Rollblock (RBLK) casino platform is coming up with a new deflationary feature that will keep the tokens’ circulating supply in check while creating scarcity and boosting the price over time. As such, experts see Rollblock as one of the best crypto investments of 2024.
Rollblock’s Deflationary Mechanism: The Secret Weapon To Control Price
Rollblock is a new GambleFi protocol that will bridge the gap between DeFi and CeFi games while offering users the best of both worlds. The new crypto project is set to disrupt the iGaming and casino market with its unique features. With trust issues being a major issue with casino platforms, Rollblock will implement blockchain technology to ensure that all transactions are permanent and immutable.
This means it will be difficult to alter bets when placed. Rollblock offers better deflationary features than Ethereum and Shiba Inu. According to the ICO white paper, a percentage of the platform’s revenue will be used to buy back the tokens in circulation. Meanwhile, 50% of the tokens bought will be used as staking rewards while the rest will be burned.
Rollblock Casino is now operational and fully licensed. There is no need for KYC, as all a user needs is an email to sign up. Rollblock’s security is guaranteed, as all transactions are encrypted with blockchain technology to protect users’ data and assets. The Rollblock native token, RBLK, is sold for just $0.012 – having just sold out Stage 1 of the presale in days.
Holding the token qualifies you for several things. Outside being the currency for players to use in the Rollblock ecosystem, the token can be converted to other cryptos or fiat. It is also used to distribute rewards, cashbacks, etc. With the surging momentum, analysts project 1000% price growth in the presale and another 50x that on launch. This puts RBLK on our list of best cryptos to buy now.
Ethereum Price Prediction: Can ETH Reach $4,000 in June?
Ethereum is one of the top crypto coins in the market. The Ethereum blockchain hosts numerous projects, which has boosted its popularity. As the second-best crypto coin in terms of market cap, Ethereum’s price has surged over the months. However, is the $4000 price mark within reach?
Based on the market data, The Ethereum price rose to a yearly high of $4000 in March before dropping. Its attempt to break through the resistance zone was unsuccessful. In the past weeks, the Ethereum trading volume and market cap has increased leading to speculations of a rally. Although the Ethereum Fear and Greed index is neutral, analysts believe ETH will establish support above $4k in June.
Shiba Inu Trading Volume Skyrocket as Rally Is Anticipated
Shiba Inu’s massive growth in the past months puts it on the list of best cryptos to buy for long-term profits. Although a meme coin, Shiba Inu has established itself as one of the top crypto projects, ranking among the top 20 in CoinMarketCap. In the past 90 days, Shiba Inu’s price has surged above 100%, with its market cap exceeding $10B.
With meme coins witnessing massive growth, Shiba Inu’s price is projected to reach $0.000050 in Q3. As one of the deflationary tokens, the Shiba Inu token burn feature will boost the price in the long run, making it one of the best cryptos to invest in for long-term gains.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino