Opportunity is knocking yet again for investors who had been waiting for a bargain as the entire crypto market experienced a major pullback in the past week. Polkadot (DOT) and Polygon (MATIC), for instance, experienced double-digit losses in the past 48 hours, enticing buyers to slurp the dip. However, despite the attractive Polygon and Polkadot price action, the best new crypto investment opportunities won’t be found in tokens that have already mooned.

Instead, analysts point to the newly launched GambleFi blue chip Rollblock (RBLK) as the best new crypto to buy in August. A good number of DOT and MATIC holders are jumping ship in search of better gains and they’re betting on Rollblock’s presale to recoup their losses. Here’s why.

Polkadot price takes a massive dump in the past week

DOT holders are nearly apoplectic as the Polkadot price action careened by almost 34% in the past week. Polkadot has erased all of its 2024 gains as it tanked all the way to $3.69 at its August 5th nadir in the wake of the market losing over $300 billion in market capitalization over the past weekend. The inflation rate of Polkadot hasn’t helped, with the downward DOT price action eroding principal faster than it can pay out staking rewards.

Polygon not doing much better

Polygon, once among the best new crypto L2 sidechain projects, has definitely seen better days. MATIC holders weren’t spared the spanking that most holders were subjected to as market sentiment took a turn for the worse, with Polygon prices falling by as much as 27% in the past week and 11% in the past 24 hours. MATIC currently trades at $0.38, or 87% below its December 2021 all-time high of $2.92. The massive underperformance of Polygon, not to mention the increasing competition it faces from newer protocols like Optimism and Arbitrum, has MATIC holders dropping their holdings in favor of projects with a higher price ceiling like Rollblock.

Rollblock dubbed as best new crypto investment opportunity of August

No one is calling Polkadot or Polygon the best new crypto anymore, with both big-cap coins’ best days firmly behind them. Instead, the smart money is flowing into the best new crypto presale investment opportunity of 2024 in the form of the exciting new GambleFi protocol Rollblock. The protocol’s native token, $RBLK, will backstop the crypto casino’s economy. Besides being able to wager using $RBLK, holders can also use it to participate in a variety of staking, yield farming, and DeFi functionalities supported by the Rollblock platform.

Rollblock holders will also be able to earn passive income in the form of a generous revenue share based on the number of $RBLK tokens they hold. Besides being one of the early pioneers of GambleFi in the lucrative iGaming sector, Rollblock’s deflationary tokenomics and weekly token burns are expected to pump $RBLK token prices once it lists on exchanges. Not surprisingly, the smart money is all over the best new crypto investment opportunity of 2024 and is taking out early positions in the Rollblock presale while prices are at a discount.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.