Online Gambling Revolutionary Rollblock (RBLK) Set To Be More Deflationary Than Ethereum (ETH) and Shiba Inu (INU)

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Find out more about the revolutionary online gambling platform, Rollblock (RBLK), with a more advanced deflationary mechanism than Ethereum (ETH) and Shiba Inu (INU).

Rollblock (RBLK) has raised excitement in the emerging online gambling space. While Rollblock features advanced tools that could disrupt the status quo of online gambling, its native token, RBLK, was also designed to be more deflationary than top crypto coins, Ethereum (ETH) and Shiba Inu (SHIB).

Rollblock (RBLK) Unveils Industry-Leading Deflationary Mechanism

Andrew Gellatly, the Head of Global Research at GamblingCompliance, like many other industry experts, has come to the conclusion that “The future of gambling is online.” While online gambling has become more popular, Rollblock (RBLK) is one of the new DeFi projects that brings immense possibilities with their revolutionary Gamble-Fi creation to this emerging sector.

Rollblock (RBLK) is a decentralized online gambling platform that leverages the latest blockchain technology to provide a fair and transparent gaming experience. In addition, Rollblock will feature advanced AI tools to help users improve their betting strategies and increase their chances of winning. 

While these features make Rollblock one of the hottest new DeFi projects, its native token, RBLK, has grabbed all of the attention. RBLK is designed to have the most impressive deflationary mechanism among top crypto coins. A portion of the revenue generated by Rollblock Casino will be used to buy back RBLK tokens and support the price.

Rollblock also integrates a dual-allocation mechanism where 50% will be subject to burning, increasing the deflationary rate of the token. This could result in millions of dollars worth of RBLK being burned weekly. As one of the most deflationary coins to be unveiled, analysts are optimistic that this could lead to a major price increase. While RBLK is priced at $0.01 in its presale, the deflationary mechanism could drive its price as high as $5 before the year ends.

Ethereum (ETH) Burn Rate Hits Yearly Low

Ethereum (ETH) became a deflationary asset in the fourth quarter of 2022 upon its transition from proof-of-work (PoW) into a proof-of-stake (PoS) consensus algorithm. According to data from IntoTheBlock, the burn rate of Ethereum has dropped to a yearly low as the gas fees on the network continue to decline.

The drop in burn rate doesn’t help the cause of ETH, as it is one of the tokens with an unlimited supply. Already, the price of Ethereum has been caught in the $2,800 and $3,300 range over the last month. A further reduction of its burn rate could reduce the deflation of the leading altcoin.

Shiba Inu (SHIB) Burn Rate Surges By 4,100%, But Still Not Enough 

Shiba Inu (SHIB) is one of the top altcoins that have taken token burning very seriously. Recently, the SHIB burn rate spiked by more than 4,100% as over 82.13 million SHIB  tokens were removed from circulation. However, the dedication of the SHIB community to its deflationary mechanism has had very little impact on its price.

This is so because of a fundamental flaw in Shiba Inu – its tokenomics. There are over 589.2 trillion SHIB tokens in circulation. For its deflationary mechanism to be felt and lift SHIB from its current price range at $0.0000220, billions to trillions of tokens would have to be removed from circulation. 

Finally

While Rollblock pushes to revolutionize the online gambling space, RBLK has the added advantage of its unique deflationary model. The novel deflationary mechanism of Rollblock has not only proven to be more advanced than those of the top altcoins Shiba Inu and Ethereum but also promises to positively influence the price of RBLK in the near future.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

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