In a month where most tokens were barely in the green at best, two top altcoins racked up enormous gains. DeFi juggernaut Sui (SUI) rose over 100% as Total Value Locked on the blockchain skyrocketed. Meanwhile, crypto casino Rollblock’s (RBLK) presale marked a 200% return for its earliest investors. Analysts expect this ERC20 token’s growth to accelerate further, with calls for a 100x increase before 2025.
Sui’s Rally Remains Limited by Small DeFi Market
The Sui price’s 100% rally this month turned a lot of heads since this altcoin had previously round-tripped during the 2024 bull cycle. However, this time the Sui price was rising on its own merits, as opposed to simply being swept up in the larger bull cycle.
Sui’s recent rise is due to its rapid adoption by DeFi protocols and the associated increase in Total Value Locked (TVL). DeFi protocols managing crypto lending services have pushed Sui’s TVL to almost $1.2 billion on September 26th. This makes Sui one of the biggest DeFi platforms on the market now.
However, analysts are warning investors that the remaining upside for Sui is limited. While Sui is taking a significant share of the DeFi market, it remains a small market overall.
For the Sui price to really take off toward all-time highs of over $2, there would need to be major user growth in the DeFi space.
Rollblock’s Presale Success Accelerates in September
Rollblock’s presale price was also turning heads this month. The latest stage seven price increase of 15% brings the total return for this top altcoin’s earliest investors to a staggering 200% in only a few months.
Rollblock’s presale has seen increasing demand despite accelerating price increases as its ambitious project goes viral.
This ERC20 token recognized the untapped potential of bringing blockchain technology and crypto culture to the $500 billion global gambling industry. Rollblock has achieved numerous next-generation upgrades over traditional online gambling, and now its competitors have fallen years behind in terms of development.
Prior to Rollblock, players were faced with long delays, gouging fees and miles of red tape before they could even hit the tables. Rollblock allows players to log in from anywhere in the world and hit the tables right away. Players have 20 different major crypto tokens to choose from to protect their security and anonymity.
Rollblock has also brought the fun and profit of crypto to their casino model. New players enjoy generous deposit matching, while veterans have access to high roller rewards. All players also enjoy a constant stream of events and giveaways hosted on Rollblock’s vibrant social media ecosystem.
Rollblock’s biggest innovation is its gambling token, RBLK.
Rollblock pumps 30% of its revenue back into RBLK by buying its own tokens back from the market each day. Half of the tokens are burned immediately to enforce a deflationary trend, while the remaining half is used for high-APY staking rewards.
Analysts expect this formula to translate into at least 100x growth for Rollblock before 2025.
RBLK is now selling for $0.03 in the seventh stage of the presale.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Credit: Source link
