Bitcoin Miners Offload $2 Billion In BTC, Dogecoin (DOGE) Holders Jump Ship To Rollblock (RBLK) As Price Soars

The crypto market has felt the earth shift. Recently, Bitcoin miners unloaded a staggering $2B in BTC, with investors scrambling for stability. In a surprising turn of events, Dogecoin holders are abandoning the sinking ship while setting sail for ‘s promising future. The GambleFi protocol stands at the precipice of innovation, promising to unleash the future of improved iGaming and online casino experience. But what exactly is Rollblock, and why is it attracting so much attention? Let’s dive deep into this innovative newcomer and explore its potential to disrupt online gambling.

Since the beginning of June, Bitcoin miners have offloaded a whopping $2 billion worth of Bitcoin, the fastest sell-off in over a year. This has pushed Bitcoin miners’ total wallet reserve down by 50,000 BTC this year alone. It has also put the Bitcoin mining holding to a disappointing 14-year low, raising understandable concerns about Bitcoin’s price trajectory. The sell-off is primarily driven by the recent Bitcoin halving, which has slashed profitability and elevated breakeven prices.

Despite favorable developments within the Bitcoin ecosystem—including MicroStrategy’s acquisition of nearly 12,000 BTC, Michael Dell’s BTC endorsement, and analysts’ bullish outlook, its price action remains woeful. Currently, Bitcoin is at $61k, over 11% below monthly highs. Compounding the situation, the German government’s plan to release another 47,000 BTC after selling over 3,000 BTC has severely depressed its price.

Despite being the unassailable meme king, Dogecoin’s journey to clinching a new all-time high has been a Herculean task. Although Dogecoin started the year with an inspiring push above $0.2, it has continued to grapple with maintaining its excellent momentum. Unfortunately, on-chain data from Santiment has poked another hole in Dogecoin’s already sinking ship as weighted sentiment hits the bottom for the meme king this year.

The increasing negative sentiment may have spelled doom for Doge’s price action, and the recent massive liquidation of $60M worth of long positions is tangible proof. Coinmarketcap data also shows that has lost one-fifth of its monthly open prices while trading at $0.124, the lowest since February 2024. This decline highlights the fickle nature of meme coins and why disenchanted Doge holders are jumping aboard ‘s ingenious AI-backed revolution for online casinos and accessible iGaming.

While Bitcoin miners and Dogecoin investors scramble to shield their portfolios from the bearish storm, the innovative DeFi casino platform Rollblock emerges with its promise to revolutionize online casinos and iGaming. It has exceeded expectations with its fully-fledged GambleFi network, which boasts cutting-edge AI-powered features and an ocean of immersive gaming experiences.

The true magic of lies in its ingenious approach. The platform will breathe new life into the lingering problems of traditional casinos by eliminating intrusive KYC procedures, lengthy downloads, inaccessibility, and insecurity. At its core, Rollblock is sturdily backed by blockchain’s immutable and powerful encryption, which ensures user security and gaming transparency. It is also fully licensed and audited, ensuring regulatory compliance and provably fair gaming.

The Rollblock’s tokenomics features a brilliant revenue-sharing model. This model incorporates a buyback and burn mechanism, a masterstroke to improve the value of $RBLK tokens. Half of the buyback supply is burned, effectively reducing the supply, while the other half is allocated for staking rewards and a passive income stream for holders.

Market gurus are optimistic about Rollblock, as many predict that it will dominate iGaming’s $520.3B valuation at launch. By year’s end, the price of $RBLK is expected to shatter the $1 mark and go over 100x from its current price of $0.0145 in stage three presale. Therefore, as the crypto storm continues, Rollblock’s online casino is poised to become a leader and a unicorn project in GameFi, DeFi, and GambleFi.

The tumultuous market conditions have once again highlighted the volatile nature of the crypto market. Although may be miles away from taking over Bitcoin and Dogecoin valuation, it has shown immense potential to have a noteworthy impact on the broader crypto market and online casino industry. Its first-mover advantage and pioneering role in GambleFi positions it uniquely to take over the iGaming industry and shoot through the roof at launch.

Discover the Exciting Opportunities of the Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino