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This week has witnessed a resurgence in the crypto market, with several altcoins showing strong performance. Avalanche and Kaspa have delivered solid gains, while Rollblock ($RBLK) continues to maintain its upward momentum, positioning itself as a potential future leader in the GambleFi sector. Let’s dive into the details!
Avalanche ($AVAX) Integrates Wrapped Bitcoin
Avalanche has experienced a notable 9% increase in market cap this week, briefly pushing its price above $24.5. Although it has since dipped below $24, Avalanche remains one of the top-performing assets in the market.
Recently, Avalanche announced a collaboration with Layer Zero and BitCo to bring native Wrapped Bitcoin (WBTC) to its blockchain. This integration will allow users to participate in DeFi activities using WBTC, a $9 billion asset widely utilized in the crypto space. With this development, Avalanche could see further price action, potentially breaking through resistance at $33.
Kaspa ($KAS) Unveils KRC-20 Protocol
Kaspa has also had a strong week, with its market cap rising by 9.7%, pushing it above $4.7 billion. Notably, Kaspa has reached a new all-time high, surpassing the $0.21 mark.
The upcoming launch of the Kasplex KRC-20 protocol on August 15th is expected to drive further growth. This new protocol will allow developers to integrate KRC-20 tokens into various applications, potentially increasing Kaspa’s TVL as more projects begin building on the platform.
Rollblock ($RBLK) Gains Traction as Casino Attracts Users
Rollblock ($RBLK) continues to make waves during its presale, with a growing number of investors eager to secure positions in this promising DeFi Casino project.
Built on the Ethereum blockchain, Rollblock ensures transparency and fairness by allowing users to verify that their bets remain unaltered. The platform offers a wide variety of games, with provably better odds than competitors, giving players confidence in their chances of winning.
Security is a top priority for Rollblock, which eliminates the need for invasive KYC checks. This ensures full anonymity for users, reducing the risk of personal data being compromised by malicious actors.
All payouts on the platform are made in Rollblock’s native token, RBLK. The tokenomics of RBLK are designed for growth, with a unique revenue-sharing model. Profits from the casino will be used to buy back RBLK tokens on decentralized exchanges. A portion of these tokens will be distributed as staking rewards (30%) to loyal holders, while the rest will be permanently burned.
This deflationary mechanism is expected to create a supply shock, potentially driving the price of RBLK significantly higher. Investors looking for the next big opportunity may want to consider participating in the Rollblock presale, where tokens are currently priced at $0.025.
Explore the Rollblock (RBLK) Presale Now!
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