Layer one legacy chains Tron and Avalanche have been vying for crypto supremacy recently. Find out which one is more likely to dominate the crypto top 10, and whether up-and-coming web3 IGaming platform Rollblock ($RBLK) might beat them to it as industry insiders predict astonishing 50x gains in the months to come.
Tron ($TRX) Adds To Stablecoin Use Case With Meme Success
Tron has been on a tear this month, adding 100% to bring its price to $0.32 and keeping it within the CoinMarketCap crypto top 10 index for now. Tron recently invested $30 million in WLFI in a bid to expand Tron’s reach within the DeFi ecosystem and establish more of a leading role in the U.S. blockchain establishment.
Historically, Tron has dominated USDT transactions across all chains, with a 92% market share. This is due to the incredibly low fees on the Tron chain, which crypto whales make good use of when transferring huge numbers of USDT tokens between wallets. There are signs that Tron is also making inroads into the meme coin market after a period of frenzy this summer on the release of the Tron Sun.pump meme launchpad.
Avalanche ($AVAX) Ready To Run Above $56
Avalanche is right behind Tron in the crypto rankings, with a market cap of $21.5 billion. Avalanche is up by 4.7% today to reach $52.76, rounding off an incredible week in which Avalanche gained 23%. Zooming out even further, November was a historic month for Avalanche and saw it pump by an astonishing 120%.
The 20-day exponential moving average for Avalanche is currently at $44, which should provide support in the event of a flash Avalanche crash. If Avalanche can break resistance at $56 in the coming days, it should easily reach $65 with decent buying pressure. The Avalanche 9000 upgrade recently went live on the Avalanche testnet, unlocking $40 million in rewards for Avalanche developers.
Rollblock ($RBLK): A GameFi Powerhouse In The Making
Rollblock ($RBLK) looks destined to become a future giant of the crypto gaming space, as it offers a truly indispensable upgrade to the $450 billion online gaming sector. Rollblock will succeed by removing several major pain points from the industry, not least of which is its practice of securely encrypting all transactions onto the immutable Ethereum blockchain and so removing any allegations of bet tampering or backstage manipulation.
Rollblock offers an incredible range of gaming experiences, from classics to a sports gaming league, which has recently gone live. Now sports fans can place interact on a fantastic variety of tournaments and major international sporting events.
Rollblock holders will benefit as the $RBLK supply is capped at a billion tokens and will only trend lower going forward thanks to Rollblock’s revenue-sharing mechanism. This will mean that each week, potentially millions of tokens are removed from the supply using the platform’s profits, burning 60% of these buybacks and earmarking the rest for Rollblock stakers who can earn up to 30% in hassle-free yield.
Stage 9 $RBLK tokens are already selling fast at the presale discount of $0.041.
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