TRON and Ripple (XRP) are two of the crypto markets' most exciting altcoins. However, following recent legal battles with the U.S. SEC, both projects have seen their potential dwindle. Many investors are now choosing to buy alternative cryptocurrencies, such as Rollblock, which is gaining traction in the online gambling market.
Ripple (XRP) Whales Move 287 Million Tokens
Recent data from Whale Alert shows a staggering increase in whale transfers over the last week. In a single transaction, one crypto whale moved 158,473,000 XRP (worth $77.22 million) from an unknown wallet to Binance. But this wasn’t the only transaction to occur.
Following this transaction, three additional transactions were made, consisting of 33.3 million Ripple (XRP) each. This was valued at $49.89 million, and was also moved onto the Binanceexchange. This sudden surge has created a bullish sentiment around Ripple (XRP) and could work as a catalyst for future price increases.
Just days after these transactions, an additional Ripple (XRP) transaction of 28.94 million tokens was made. Since this transaction, Ripple’s (XPR) price has increased by 1%, and Ripple (XRP) is now trading at $0.4936.
Legal Action Starts to Impact TRON (XRP)
TRON is the latest cryptocurrency to find itself in a legal battle with the SEC. The altcoin is looking to have a lawsuit filed against it dismissed. TRON claims that the lawsuit goes against activities that are predominantly outside the United States. As a result, they are beyond the SEC’s jurisdiction.
TRON filed the dismissal with the New York federal court on March 28. The TRON Foundation highlighted that the SEC cannot force its laws on international activities. Despite a potential dismissal, TRON is down 10.49% over the last month and TRON is now trading at $0.1127.
Investors Choose Rollblock Over Popular Altcoins
Rollblock is an innovative DeFi project looking to disrupt the online gambling market. While some online casinos let users play games with cryptocurrency, Rollblock takes this to the next level.
Utilizing the latest blockchain technology, Rollblock lets investors play over 100 different games in a secure, scalable platform. The Rollblock platform is easy to access, and users don’t need to download an app. Instead, they can use any popular search engine to sign up, log on, and play.
In addition to its innovative use of blockchain technology, Rollblock offers a revenue-sharing scheme. To take part, investors need to stake Rollblock’s native token, $RBLK. Investors who stake tokens will be granted a share of 30% of the platform's revenue. 50% of this will be paid out in tokens, and the remaining 50% will be used to buy $RBLK on the open market and burn tokens. This helps to increase the value of tokens in circulation.
Rollblock will soon enter its presale phase, during which tokens will be sold at $0.01. Early investors have a huge opportunity to capitalize on early growth stages, during which they could see 100x in just a few months.
How High Could Rollblock Go?
With the global gaming market increasing at a rate of 13.6% annually, experts are bullish about Rollblock. Should the altcoin penetrate the market, its native token could soar as its platform becomes the DeFi hub for online gambling.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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