Buyers were already pouring into top altcoins Injective (INJ) and Litecoin (LTC) before Trump’s victory sent the whole market higher this week. However, Rollblock’s (RBLK) crypto presale is seeing even bigger volumes that just pushed it past the $5 million sold milestone. This GambleFi protocol is now expected to rally another 100x higher when its presale ends in early 2025.
Injective Remains Top Destination for DeFi Protocols
The Injective price was already climbing for the past month before this week’s broader market rally sent it even higher. Injective is now up almost 20% this month as a new stablecoin goes live on its blockchain.
The Injective blockchain is now one of the top destinations for DeFi protocols, such as stablecoins. Injective’s focus on transaction volume and speed makes it an ideal blockchain for DeFi protocols that are typically extremely transaction heavy.
Analysts expect the recent rally in the Injective price to accelerate as the growing crypto bull cycle drives fresh users into the DeFi sector.
Litecoin Rallies on Transaction Growth Despite Muted Prospects
The Litecoin price is also enjoying the accelerating demand for transactions. Litecoin is now up 13% this month after a comparatively subdued rally of 3% this week.
Litecoin remains a top destination for transaction growth, despite its aging blockchain architecture. Although newer blockchains offer faster speeds and lower costs, many users are familiar with Litecoin and willing to endure slightly slower transactions and higher fees.
However, analysts warn that any continued rally in the Litecoin price will be muted compared to the gains in the larger bull cycle.
Rollblock Dominates Volume Sold on Sports Betting Expansion
Litecoin and Injective were not the only top altcoins rallying even before Trump’s victory sent the whole crypto market roaring higher. Rollblock’s crypto presale was already racing to the $5 million sold milestone thanks to the imminent rollout of its sports betting platform.
Rollblock’s imminent sports betting rollout will give it access to the remaining half of the $525 billion global gambling industry. Rollblock is already rapidly taking market share in this industry thanks to its platform of more than 7,000 provably fair casino games.
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Now Rollblock will be able to expand on this success by bringing the same fast, free and seamless access to sports betting. Rollblock’s expanded platform will offer odds on everything from baseball and soccer to tennis, boxing and even curling.
This sports betting expansion will also include access to Rollblock’s signature profit-sharing program.
This program sees up to 30% of the project’s own weekly revenue returned to the community through open market buybacks. Rollblock uses the first 40% of these tokens as high-APY rewards for holders who stake on the platform. It then burns the remaining 60% of the tokens to drive value through deflationary pressure.
Crossing the latest $5 million milestone in its crypto presale sent RBLK estimates as high as 100x growth for early 2025.
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