The post Aptos and NEAR Holders Attracted To Rollblock’s Passive Income Potential As Well As 100x Growth Predictions appeared first on Coinpedia Fintech News
Many crypto investors holding APT and NEAR tokens have been increasingly migrating their funds into Rollblock’s ongoing presale to earn passive income. This trend has caught the attention of numerous market analysts, who are touting Rollblock as a potential 100x crypto.
This overview will explain how you can also strategically position yourself to benefit from the projected gains!
Aptos To Face Continued Downtrend Despite Rebound
Since reaching its yearly high in March, APT has been in a persistent downward trend. This is, however, an extension of its price losses from over the past year which has now pushed APT below its all-time high by 65%, and below 84% of the top 100 cryptocurrencies.
Despite staging a 24% rebound from its yearly low– which it hit on July 5 after Bitcoin’s sharp price crash– analysts forecast a bearish future price action for APT. They note APT strongly rejecting higher prices from a resistance zone around the $7.26 price point.
Besides, APT is currently trading below the 200-day SMA with a High Volatility level of 8.25% and a yearly inflation rate of 107.46%. Aptos Network’s recent proposal to deploy Aave V3 on its mainnet, which would mark Aave’s first expansion to a non-EVM blockchain, has equally not done much for the APT price.
NEAR Geared For Short-term Correction
NEAR has had a good run this year, outpacing 80% of the top 100 cryptocurrencies, including Bitcoin and Ethereum, with an upside of 297% over the past year. After registering 20 green days in the last 30 days, NEAR’s short-term trajectory is bullish, and its market sentiment supports this outlook.
NEAR’s recent performance has been tied to Near Protocol’s recent integration of AI functionalities into its blockchain with the establishment of the NEAR AI R&D Lab. As a result, it now has the highest number of active addresses (almost 17 million) compared to other blockchains.
Now 71% below its all-time high, many crypto analysts predict that NEAR could surpass the high this year. However, they also forecast that it may likely decline to $5.15 in a correctional move before the end of the week. Seeing that NEAR is already rejecting from $6.25, this seems highly plausible.
Rollblock Attracts APT And NEAR Holders With Revenue-sharing Model
While hodlers of APT and NEAR await the next price actions of their hodlings, they’ve been increasingly stacking up RBLK tokens. This is mostly because it has been projected as a 100x crypto by the top analysts in the crypto industry. Analysts are backing Rollblock because it is a GambleFi protocol that mixes traditional gambling with blockchain.
Rollblock has created a real-world utility for its native token, RBLK, by integrating a fully operational online casino where RBLK is used as a reward system. What makes the casino special is that it shares 30% of its revenue with investors who hodl or stake their RBLK tokens, providing them an avenue for passive income generation.
Moreover, the tokenomics of Rollblock was carefully designed to increase its value. It has further reduced its limited token to create scarcity and drive demand by using part of its revenue to buy back RBLK tokens from the crypto market and burning half of them. This strategy drives industry analysts’ bias as they predict RBLK could surge over 100x from its ongoing stage 3 price of $0.0158 at its official market launch.
In conclusion, while many market analysts predict that APT and NEAR could soon go on long-term and short-term declines respectively, they have predicted a 100x increase for RBLK tokens in the coming weeks. Their bias is driven by RBLK tokenomics and avenues for passive income generation, consequently attracting both APT and NEAR token holders.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino