Moving into the mid of February, analysts predict a breakout in Shiba Inu. The memecoin is nearing a bullish breakout, fueled by rising burn rates. That’s not the only reason, Shib is also expanding real-world utility to attract more investors. However, many investors are shifting their focus to Rollblock, a GameFi protocol.
Why Rolllblock? Because the protocol brings blockchain technology to the $450 billion gaming sector? Or is it because it aims to enhance security and transparency in GameFi? Or it has already onboarded 50,000 players. There are a lot of reasons as Rollblock is rapidly gaining traction as a trusted alternative to traditional platforms.
Rollblock Hits Major Growth Milestone
Rollblock’s presale recently hit a huge milestone, raising over $10.5 million across ten presale stages. Currently priced at $0.055, growing interest could set the stage for growth.
The protocol’s commitment to security and transparency has driven its rapid adoption. To its users, Rollblock offers a library of over 7,000 games. All these games are from 10 leading iGaming studios, and they all operate entirely on-chain.To eliminate any possibility of manipulation, every game outcome is encrypted and recorded on Ethereum.
Rollblock prioritizes speed and user-friendliness. With the help of over 20 cryptocurrencies available on the platform. This lets its players avoid the long wait times that the traditional banking system forces them to follow. The platform also operates 24/7, ensuring a seamless gaming experience for all users around the world.
This focus helped Rollblock process $1.75 million in wagers as it registered a 600% surge in signups and deposits in December alone, a sign of growing trust in the platform.
At the heart of the ecosystem is RBLK, Rollblock’s native utility token. It plays a crucial role in governance, staking, and transaction fees while fueling Rollblock’s revenue-sharing model.
Rollblock uses up to 30% of its revenue to buy back RBLK from the open market. It then burns 60% to create scarcity and uses the remaining tokens to offer some of the highest-staking APYs in the market.
Shiba Inu Burn Rate Skyrockets
Shiba Inu increased by 4.15% in the last 24 hours, reaching $0.0000168. The price surge was driven by Shiba Inu’s focus on real-world utility. Its Shibarium ecosystem has showcased strong adoption and now nears one billion transactions. The UAE will also use the platform in the coming weeks as a part of the collaboration between Shiba Inu and the country.
As its utility grows, Shiba Inu’s burn rate has surged by 1,000%. This removed 410.74 trillion tokens from circulation in the past 24 hours. This aggressive burn strategy reinforces the community’s long-term deflationary approach.
With its expanding ecosystem and increasing burn rate, sentiment around Shiba Inu remains bullish. Strategic partnerships further strengthen its market presence, while Shibarium’s rising adoption could provide additional price support. If demand continues growing alongside these developments, Shiba Inu could be on track for a stronger recovery in the coming months.
Is Rollblock the Next Gem?
Rollblock aims to make RLBK the next gem. The question for now is, will it gain traction in February or not?
Rollblock is at the forefront of GameFi, leading the charge in bringing blockchain technology to online gaming. Its native utility token, RBLK, has already surged a lot from its initial price, and the momentum continues to build.
