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DeFi Casino Rollblock Continues to Soar as Uniswap and Shiba Inu Face Uncertainty

Sep 12, 2024
  1. Uniswap Must Hold This Level
  2. Can Shiba Inu Attempt a Breakout in Q4?
  3. Rollblock Spearheading the DeFi Casino Revolution

DeFi casino Rollblock continues to grow, while Uniswap and Shiba Inu face market volatility. Here's why Rollblock could be one of the best investments in this bull cycle and how it compares to Uniswap and Shiba Inu.

Uniswap Must Hold This Level

Uniswap has experienced a significant 16% rebound from the $5.60 bottom and is currently sitting at $6.54. A string of higher lows is appearing on the chart, but Uniswap seems to be struggling to hold the current mark. Less than a week ago, the US Commodity Futures Trading Commission (CFTC) filed a lawsuit against Uniswap Labs for offering illegal derivatives trading to retail investors, and Uniswap was forced to pay a $175,000 penalty. Despite the recent legal challenges, Uniswap continues to dominate the DEX space in terms of market capitalization, controlling roughly 60-85% of the total market share.

Can Shiba Inu Attempt a Breakout in Q4?

Despite being the second-largest meme coin by market cap, Shiba Inu has faced fierce resistance over the past month. Shiba Inu has been trading around $0.0000135 since the start of August, and investors are growing increasingly frustrated with Shiba Inu’s performance. Nonetheless, some experts believe that Shiba Inu could soon surge. Shiba Inu’s Shibarium platform has seen a massive surge in smart contract activity. Furthermore, Shiba Inu plans to implement several upgrades for its ecosystem, which could further drive up its price.

Rollblock Spearheading the DeFi Casino Revolution

The online gambling industry is projected to be worth a whopping $750 billion by 2028. Crypto casino Rollblock is set to capture a significant portion of this booming market with its groundbreaking framework, which merges a classic, high-end casino experience with income-yielding DeFi protocols. No KYC is needed to join the platform, just a self-custodial crypto wallet. The 150-game catalog offers unlimited gambling options, ranging from poker and roulette to brand-new, AI-enhanced titles. Furthermore, Rollblock is making waves with its novel revenue-sharing model. As part of this model, the casino reinvests up to 30% of its weekly profits into the community by repurchasing RBLK tokens. Half of this amount is burned, promoting scarcity-driven growth, and the other half is distributed among users, resulting in some of the highest APY on the market. Stage 6 of the presale is live, with $3.3 million raised so far. RBLK is priced at $0.025, and a further 800% increase is expected by the end of the event.

In conclusion, DeFi casino Rollblock shows steady growth and could become one of the leading investments in this bull cycle. Meanwhile, Uniswap and Shiba Inu face various challenges, adding to market volatility.

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