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Safemoon Burns 2.2 Trillion Tokens Amid Solana Memecoin Launch However Whales Exit To New Viral Altcoin RBLK

Safemoon (SFM) is a name that rings a bell to the 2021 cycle veterans, as its explosive rise in peak Binance Chain season minted more than a few millionaires. During the bear market, Safemoon disappeared from the radar, but now the team has announced a migration to the Solana chain, with an accompanying burn of over 2.2 trillion SFM tokens. Meanwhile, many Solana investors are opting to rotate capital into the viral presale of GambleFi protocol Rollblock (RBLK) which is poised to dominate the crypto gaming landscape. 

Rollblock Leads The GambleFi Revolution

As the $450 billion global gambling industry is increasingly moving to online platforms, Rollblock could capture a significant share of this market through its cutting-edge GambleFi framework. Rollblock exists at the intersection between DeFi and online gaming and sets itself apart from the competition with its novel approach which provides a high-end casino experience secured by state-of-the-art blockchain technology.

The Rollblock platform is already operational and generating substantial revenue, with over $1.75 million cleared in December alone. Furthermore, its credibility has been attested by leading blockchain security firm SolidProof and a license from Anjouan Gaming has been secured as well, ensuring compliance with the highest regulatory requirements.

Over 50,000 have joined the Rollblock revolution and are already enjoying the 7,000-title library, which includes all-time favorites such as blackjack and poker and even exclusive AI-enhanced titles. On top of this, Rollblock’s sports betting platform has just launched further expanding the casino’s already vast offering. The introduction of this new feature alone has led to a 600% spike in new registrations, making Rollblock one of the fastest growing gaming providers in the space.

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One of Rollblock’s most intriguing features is the revenue-sharing system which will allow players to earn passive income while playing their favorite games. Weekly, the platform will spend a portion of its profits to buy back RBLK tokens from the open market. 40% of this amount will be redistributed as staking rewards, while the remaining 60% will be burned, creating deflationary pressure that will prime RBLK for sustainable price growth. 

What Does The Safemoon Burn Mean For The Project

Once a top crypto project with a $17 billion market cap in 2021, SafeMoon collapsed following fraud allegations against its executives, leading to legal charges and a bankruptcy filing in 2023. The project was later acquired by VGX Foundation, which is currently working on a soft relaunch, taking advantage of Solana’s tried and tested meme coin ecosystem. 

However, the launch has been delayed as the team finalizes an automated 1:1 token swap for SFM v2 holders. To bolster Safemoon’s price stability preceding the open-market release, a whopping 2.2 trillion SafeMoon tokens have been burned, deflating the circulating supply to promote scarcity-driven growth. 

Although Safemoon’s resurgence could reward early bidders with outstanding gains as the cycle ramps up, its performance could be vastly outshined by Rollblock, as the project is focused on real utility and its significantly smaller market cap grants much greater room for growth.

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Join The Winning Team With Rollblock

The 10th stage of the presale is selling out fast, and RBLK tokens are available for just $0.055. More than $10.7 million has been raised so far, with thousands of investors rushing to secure their RBLK allocation. Analysts expect an 800% rally by the end of the presale, and once the token hits the markets and the crypto gaming narrative starts ramping up again, early buyers are looking at a potential 100x run in 2025.

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

Website: https://presale.rollblock.io/

Socials:
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Disclaimer. This is a Corporate Press Release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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