With Polygon and Near Losing Steam, American Investors Turn to Sports Betting and Rollblock for Better Returns

CoinMarketCap
2024-09-05

Crypto markets are maturing, and the training wheels are coming off.  New technology, new developments, and new possibilities are the order of the day. It’s all exhilarating, but with the new comes the sad realization that some old tokens don’t fit in with the mature crypto market. Polygon (MATIC) and Near Protocol cannot hold their own anymore, with the MATIC Price struggling to make 10% of its ATH. Investors in these tokens need to look at the new altcoins to regain their ROI, and with the $200 billion sports betting market being red hot right now, they’re finding an excellent investment in Rollblock.  

Polygon (MATIC): Polygon’s MATIC price down dramatically

With running on Ethereum, a scaling solution like Polygon (MATIC) was always going to be at the forefront of crypto development. In 2021, the MATIC price rode the wave of the Ethereum growth bubble, and the MATIC price double-spiked. First at $2.00 and then just shy of $3.00 at $2.95. Then, it tumbled off a cliff. By June 2022, the MATIC price was under $0.50, and right now, the MATIC price is a mere forty cents.  

The truth is, Ethereum doesn’t need Polygon anymore. Polygon has been replaced by various updates, newer tech, and faster chains like Solana which are threatening Ethereum’s hegemony. Polygon is still used on a few legacy systems, but with the market adopting newer ways to do things, legacy coins like Polygon will fade away. 

NEAR Protocol (NEAR): DPOS Chain nowhere near its ATH 

NEAR Protocol thought it would change the world with its delegated proof of stake (DPOS) blockchain, and for a while, it did! NEAR Protocol was flying high in 2022 and seemed to be genuine competition at the top of the smart contract market. But soon, NEAR Protocol lost its appeal. DPOS was not as groundbreaking as NEAR Protocol developers had hoped, and Solana and TON are walking away with the spoils that NEAR Protocol had hoped it would win. NEAR Protocol is now at a mere 20% of its ATH and losing market share daily. 

Rollblock (RBLK): Play-to-earn sports betting comes to the blockchain

Online gambling is worth $500 billion annually, and 40% of that belongs to sports betting. Football (Soccer) and horse racing are the big ones, but people are betting on gridiron, ice hockey, basketball, and motorsports in their millions. Now, Rollblock is bringing thousands of live sports betting opportunities to the blockchain.

As the first-ever play-to-earn no KYC online gambling dApp on the Ethereum chain, Rollblock brings transparency and security to an industry with a reputation for playing dirty. However, Rollblock’s publicly auditable blockchain provides peace of mind for all players. Since the whole concept is built on a play-to-earn platform, Rollblock is taking the sports betting market share from all the boring betting sites. The profits from Rollock’s sports betting platform are then distributed to all token holders on a weekly basis! 

Considering the above, it’s no mystery why over 12,500 subscribers invested over $3 million in Rollblock’s ongoing presale. And now, you can too! Rollblock is now in its sixth presale phase, and Rollblock’s RBLK tokens are available at $0.024 directly from their website.Discover the exciting opportunities of the Rollblock (RBLK) presale today!Website: https://presale.rollblock.io/Socials: https://linktr.ee/rollblockcasino

The post With Polygon and Near Losing Steam, American Investors Turn to Sports Betting and Rollblock for Better Returns   appeared first on ETHNews.

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