Beam and Pyth Network are facing steep price declines amid the current market-wide downturn. Investors are mitigating losses by rotating funds in the presale of DeFi casino Rollblock, which is seemingly impervious to the current climate after racing through stage 4 of its successful presale.
Beam is a blockchain platform that emphasizes privacy and crypto gaming. With a market cap of $839 million, Beam experienced an impressive rally in the months leading up to the March 2024 correction. Unfortunately for holders, Beam has been caught in a prolonged downtrend since peaking at $0.042, with 61% of its value being wiped out.
Right now, Beam is priced at $0.016, an 8.6% drop in the last 24 hours. Despite this, analysts are confident in a Beam resurgence as the gaming narrative starts gaining traction again.
Pyth Network is an oracle provider that offers real-time data to financial dApps across a multitude of blockchains. Its usage has grown rapidly compared to the competition (mainly Chainlink), securing over 200 dApps. Despite this, Pyth seems unable to regain its footing after plunging by 70% since its $1.10 peak.
Pyth’s current valuation is $0.33 and its price is down by 7.4% over the last 24 hours. However, analysts predict a significant surge for Pyth Network as the need for oracles is expected to increase as crypto adoption grows.
Crypto casino Rollblock is designed with users’ needs in mind. It aims to end the issues of trust and safety that have been plaguing online gambling for years. Namely, lack of trust, transparency, and safety. It does this by integrating blockchain technology, ensuring easily traceable transactions without any possibility of altering bets once placed.
The casino is fully licensed and already generating revenue with over 6,000 active users. The no-KYC policy ensures easy access and welcomes players who prefer to keep their anonymity. Users can immediately start playing one of the 150+ AI-powered games just by connecting their wallet. Sports betting is also expected to be introduced soon.
The RBLK token powers the casino’s novel revenue-share model, which will reward users with some of the highest APY in the space. Rollblock will reinvest up to 30% of its weekly revenue to buy back RBLK. Half of the tokens will be distributed to holders who stake RBLK. The other half will be burned, reducing the total supply and priming RBLK for explosive rallies.
An 800% increase is expected by the end of the final stage of the presale. Right now, the price of RBLK is $0.0175 and has already seen a substantial 75% jump.
According to analysts, a 100x multiplier is expected as the gaming narrative starts ramping up and bigger centralized exchanges start listing RBLK. This means that the best time to invest is now!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Investors Seeking Better ROI Choose Spanking New Gaming ICO Over Beam (BEAM) and Pyth Network (PYTH) in Current Downslide appeared first on ETHNews.