The cryptocurrency market continues to witness a decline in Bitcoin’s (BTC) price after Germany’s 10,000 BTC sale. This has impacted various altcoins across the market, prompting investors holding tokens like Monero (XMR) and Hedera (HBAR) to search for less volatile investments to rebalance their portfolios.
Rollblock (RBLK), a new innovative altcoin on the Ethereum blockchain has shown great promise as the next best altcoin for investors in 2024. Analysts tip that the Rollblock token ($RBLK) could rise by up to 800% in the coming weeks and as a result thousands of investors are buying into its presale daily.
Monero (XMR) Investors Maintain Neutral Sentiment As Token Price Drops
Monero (XMR) has experienced delistings from various cryptocurrency exchange platforms like Binance and Kraken in the last 6 months. This is due to the regulatory challenges facing privacy-centred altcoins like Monero.
Despite Monero’s (XMR) delisting from major exchanges, it has managed to sustain a recovery in the last month. Monero’s price climbed from $115 in May and Monero (XMR) now trades at $153. However, Monero still shows unstable patterns as the token price rose to $170 in the past week before falling again. Monero investors continue to stay neutral while they look for thriving investments in the crypto market.
Hedera (HBAR) Trades Below The 200-Day Simple Moving Average Amid Heavy Selling Pressure
Hedera’s (HBAR) price declined by 12% over the last week. Hedera currently trades at $0.067, which is 17% below the 200-day simple moving average ($0.081). This decline has tilted the market sentiment to bearish, as investors remain uncertain about the future of Hedera (HBAR).
Analysts predict that Hedera’s price will decline further if it drops past the $0.57 price point. However, the changes in Hedera’s price point rely heavily on Bitcoin’s performance.
Rollblock (RBLK) Outshines Major Altcoins As Price Surges Again
Rollblock (RBLK) has been gaining significant momentum since the beginning of its presale, drawing in thousands of investors searching for innovative opportunities in the current bear market. Rollblock (RBLK) is a new GambleFi protocol that solves issues in the gambling industry by closing the gap between centralized and decentralized gaming.
Rollblock uses blockchain technology to process bets in its casino, ensuring that every bet placed is secured, unlike other iGaming platforms. Analysts are optimistic about Rollblock, forecasting that the $RBLK token could see an 800% increase in value by the end of Q3, with further gains anticipated once the presale ends.
Rollblock has caught the attention of the investment community as the first crypto casino fully backed by its user base. Due to its low entry barrier, this GambleFi innovation is also expected to draw thousands of users in the coming weeks. Unlike other online casinos that require comprehensive KYC procedures, Rollblock simplifies access by allowing users to register with just an email address or wallet. Once registered, users can deposit cryptocurrencies such as Ethereum (ETH), Bitcoin (BTC), and Dogecoin to start betting immediately. Already, over 4000 users have registered on Rollblock and the numbers keep growing.
As players engage with Rollblock’s games, they earn rewards and bonuses in the form of $RBLK tokens. Rollblock also has a token-burning and revenue-share model to increase the token value. Up to 30% of the weekly casino profits go into repurchasing $RBLK tokens from the market for rewards and periodic token burns. These burns reduce the circulating supply, increase scarcity, and enhance the token’s value over time.
This strategic model means that as Rollblock’s casino gains popularity, investors will see continued growth in their returns. As a result, thousands of investors have already seized the opportunity to purchase $RBLK at its lowest price during the presale. Currently, Rollblock is in the third stage of its presale, with over 100 million $RBLK tokens selling within a month. Experts suggest that those who invest before the next price hike could potentially see their investments grow 100-fold upon Rollblock’s launch.
The presale is nearing a significant milestone, with Rollblock now trading at $0.015 and surpassing $1 million raised. Once Rollblock is listed on major exchanges, the returns for early investors could skyrocket and lead to substantial gains. As Rollblock continues to build its reputation and user base, it stands ready to outshine other altcoins and deliver impressive 100x returns for its investors.
Rollblock has an ongoing UEFA EURO 2024 competition. For a chance to win in the $20k prize giveaway, registered users must predict a correct scoreline before kick off from the remaining matches. Head over to Rollblock’s socials for more info!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
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