Ondo and Fantom have seen a sustained decrease in price in the last few months and their downtrend seems far from over. Holders are getting increasingly impatient with their lackluster performance and are looking for alternatives. Many of them have started rotating funds in the massively successful presale of DeFi casino Rollblock.
Fantom Trending Down With No End In Sight
Fantom is down by 6.7% in the last 24 hours and 26% since last week. Currently, Fantom is sitting at the $0.40 support level that was already tested three times in July. If this level were to break, a “max pain” scenario is in the cards for Fantom and Fantom’s price could enter negative price discovery.
Fantom experienced a massive rally in late 2023, surging from $0.18 all the way to $1.12. Unfortunately, the lack of significant updates and the waning interest in holders has seen Fantom give most of its gains back to the market.
Ondo Prints Lower Lows On The Chart, Not a Good Sign
There has been a 3.7% drop in Ondo’s price in the past 24 hours, but the bad news doesn’t end here. Ondo has already seen a 37% drawdown since its $1.46 peak in June. Right now, Ondo is priced at $0.91, and it's fighting tooth and nail to sustain this level.
Over the past two months, Ondo’s momentum has been cut short following a negative downward trend. A massive whale who invested $17 million in Ondo in March has been gradually reducing their holdings, with the most recent sale amounting to $2.45 million.
Rollblock Saving Investors’ Portfolios With Novel Revenue-Share System
Rollblock is a community-backed crypto casino that taps into the massive potential of the $450 billion online gambling industry. It leverages blockchain technology to ensure smooth and secure transactions, putting user trust at the forefront of their priorities.
Rollblock merges the best aspects of centralized and decentralized gambling. Unlike its competitors, the casino doesn’t require a KYC verification, ensuring complete anonymity for the rapidly growing user base. Players can immediately access one of the 150 games available, with sports betting expected to be added soon.
The RBLK token plays a key role in the Rollblock ecosystem. The casino reinvests up to 30% of the weekly revenue to buy back RBLK tokens on the open market. Half of this amount gets burned, reducing the total supply and increasing the price of RBLK sustainably, while the other half is rewarded to holders who stake the token or participate in special events like the Olympic giveaway that Rollblock recently launched on their Discord to celebrate the games in France.
Rollblock has raised more than $1.7 million since the start of the RBLK presale. Stage 4 of the presale is selling out quickly and RBLK sits at $0.0175. RBLK is expected to grow by 800% by the end of the presale and by 100x in 2025.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
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