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Mantle (MNT) and Filecoin (FIL) are underperforming this bull run while investors are pouring into this top altcoin’s crypto presale instead. Crypto casino Rollblock (RBLK) just topped a 310% total return so far as this latest bull run has investors chasing the potential for astronomical returns. Rollblock’s fresh take on tokenomics has many investors expecting returns of more than 100x once its tokens go live at the start of 2025.
Mantle Drops as Ethereum Internalizes Scaling Solutions
The Mantle price is dropping hard today despite the current bull run barely slowing. Mantle is down a whopping 12% in the last 24 hours, with no sign of stopping.
The Mantle price appears to be the first major victim of Ethereum’s efforts to internalize its Layer 2 blockchain scaling solutions. As an external Layer 2 blockchain scaling solution, Mantle looks set to lose its current purpose.
The fate of Mantle is the first of many for Ethereum scaling solution protocols that cannot find a new purpose in a changing ecosystem.
Filecoin’s Fortunes Fall as Entire AI Sector Tumbles
The Filecoin price is down even further today as the AI sector’s fortunes take a hit. Filecoin is down a total of 2% today after touching a low near $6.
The Filecoin price started its slide when the AI flagship company, Nvidia, was hit with an antitrust warning from China. This warning sent the Nvidia price down 5%, which dragged Filecoin down with it.
The fortunes of Filecoin’s data storage protocol have been rising and falling with the AI sector all year, so analysts expect the relationship to continue for the foreseeable future.
Investors Support Rollblock’s Big Bet on Player Growth
Fortunately for Mantle and Filecoin investors, Rollblock’s crypto presale is still racking up impressive gains. This top altcoin recently entered the ninth stage of its crypto presale, which sent its total returns soaring above 310% so far.
Rollblock’s record-breaking presale has been driven by its game-changing take on tokenomics. Rollblock believes that the $500 billion in revenue produced by the gambling industry each year is there for the taking and that rapid player growth is the key to success.
To drive this targeted player growth, Rollblock’s tokenomics puts value back into the hands of holders through a system of weekly buybacks. This system employs up to 30% of that week’s revenue generated by its own casino.
Rollblock then operates a weekly burn event with 60% of these tokens bought back from the market. These burns help to maintain stable upward pressure on the market price of RBLK.
The remaining 40% of the tokens will be distributed as awards for staking with Rollblock. The additional income generates increased demand for the tokens and puts cash back in the hands of players.
Rollblock’s platform of 7,000 casino games and global sports betting is already a success. When the tokens go live in early 2025, this rate of player growth is expected to skyrocket and send RBLK soaring over 100x higher. RBLK’s price just increased to $0.0415 when it began its ninth of twelve presale stages.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
*This article was paid for. Cryptonomist did not write the article or test the platform.
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