Layer 2 Chains Arbitrum (ARB) and Optimism (OP) Lose Buzz as This New Crypto Goldmine Continues To Go Viral

6 months ago 5

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The Layer 2 crypto space has had a challenging year in 2024, as a saturated market has meant increased competition and older, established chains are struggling to hold up. Arbitrum (ARB) and Optimism (OP) have both been doubling down on innovation recently in order to maintain market share but both have seen investors nursing heavy losses so far this year. Holders are no doubt wondering whether to rotate their coins into newer projects with more cutting-edge tech.

Rollblock (RBLK) is a brand new, community-backed online casino that leverages the latest in blockchain technology to give the $450 billion online gambling market a brand new spin. Combining the best of both worlds, players love the traditional gameplay and the incredible utility that the RBLK token provides. With presale moving quickly and coins selling out fast, experts point to Rollblock as a coin to watch this cycle and predict up to 50x rise in price!

Arbitrum (ARB) Foundation Splashing Cash But Price Action Disappoints

The Arbitrum Foundation recently approved the start-up of a support fund aimed at developing projects in its gaming ecosystem. In June Arbitrum revealed plans to spend $216 million on gaming projects in hopes of injecting some much-needed interest in the layer-2 chain.

Despite this investment, Arbitrum’s price has been struggling lately and in recent months Arbitrum lost the crucial $1 support level. Bulls are now looking to lower levels around $0.69 for support but in the event of a move lower Arbitrum could drop as low as $0.50.

Optimism (OP) Making Breakthroughs But Will It Fall Further?

Optimism (OP), another layer-2 scaling solution for the Ethereum chain, has been building steadily and recently announced the activation of Fault-Proofs. Ethereum founder Vitalik Buterin acknowledged this milestone and posted, ‘the Optimism proof systems actually have teeth.’

Despite this breakthrough, Optimism’s price has been struggling in 2024 with price down nearly 60% from the March highs. Bulls are hoping for support to hold at $1.2-1.3 levels, or further downside seems inevitable. Optimism investors are now looking for newer coins in the market, as confidence throughout the Optimism ecosystem continues to fall. While Optimism could be a strong investment, its current price predictions are mixed at best.

Rollblock (RBLK) Price Set to Moon on Presale Launch

Rollblock (RBLK) is a coin on many investors’ watchlists at the moment, as analysts are predicting incredible price action over the next 6 months. A fully crypto-native online gambling site, Rollblock is poised to onboard the next generation of gamers as they experience the incredible gameplay and innovative token model.

Based on the Ethereum blockchain, all Rollblock bets and transactions are verified on-chain, meaning there is an unprecedented level of trust and transparency on the platform. Once placed, bets cannot be changed or manipulated, providing immense peace of mind for users.

A major benefit is the frictionless onboarding process, as all that is required to sign up is an email address and a crypto deposit, such as Bitcoin (BTC), Ethereum (ETH), or Tether (USDT). There is no requirement for any burdensome KYC approval – ensuring a quick and easy registration and 100% anonymity for players. The more users add to their wallet, the more deposit bonuses Rollblock will pay out, up to an extra 15% for deposits over $1500!

Once inside, gamers will discover over 100 exciting games, from familiar favorites such as roulette and Monopoly to new AI-powered launches exclusive to the site. Leaderboards and bonus spins add to the fun and will keep players at the table.

Rewards are paid out in the native token $RBLK, which is sure to become a huge part of the crypto gaming ecosystem. An innovative revenue-sharing program means that each week, the casino uses a portion of its profits to buy $RBLK on the open market, supporting the price and reinvesting into the community.

These coins are then split 50/50 between staking rewards (holders can earn up to a whopping 30% APY) and the rest are burnt, reducing supply. As the user base grows, the coin will become deflationary, meaning that supply won’t be able to keep up with demand and price will head to the moon!

The presale is currently in Stage 3 and coins are selling out rapidly, with over 9 million tokens already taken off the market! Rollblock’s price is currently just $0.015, so investors are piling in to take advantage of this offer. Its price is only going to move in one direction, up! Investors are now flocking to the presale before stage three sells out and many experts are calling for short-term gains of up to 800%!