Traders have woken up to a sudden 3.64% decrease in Bitcoin’s (BTC) price, with most altcoins caught off guard. Unfortunately, tokens like Near Protocol (NEAR) and Ondo (ONDO) have seen negative trends, both crashing over the past 24 hours.
Rollblock (RBLK), a new coin still in its stage 4 presale, seems to have avoided the chaos though. Having already seen a 72% increase during the recent market instability, experts believe this coin can increase 100x this year. Here’s why.
Near Protocol (NEAR) Stabilizes at $5.438 After Plummeting
Near Protocol (NEAR) faced a 9.28% unexpected drop in the last 24 hours. Experts believe this has shaken investors as Near Protocol’s trading volume also crashed. According to Coinalyze $754,800 in long-term trades has been swiftly liquidated in this timeframe.
However, Near Protocol’s price has stabilized at $5.438. Near Protocol’s 24-hour volume has also recovered with a 32.9% increase, meaning investors remain confident in the project’s long-term growth. This could help Near Protocol bulls reverse the bearish trend as the token nears the $5.156 sturdy support.
Ondo (ONDO) Drops Below $1
Ondo (ONDO) is another altcoin that faced a price nosedive. Over the past week Ondo’s price has fallen by 7.97%, causing Ondo to fall below $1. Trading volume is also down by 16% and over half a million Ondo tokens have been sold.
This decline has created a bearish trend throughout the Ondo ecosystem, with analysts believing the project could retest the $0.88697 support for the second time this month.
RollBlock (RLBK) Unfazed by Bullish Trends and Aims for 100x
Rollblock (RBLK) is a GambleFi Casino network merging decentralized and centralized worlds. With the gambling industry set to reach $750 billion by 2028, Rollblock taps into this expanding market and is expected to make 100x returns in 2024.
Rollblock is a GambleFi project that introduces a blockchain-powered casino. Rollblock’s fully licensed, live casino offers 150 games, including blackjack, roulette, poker, and slots, from 10 different online gaming providers. Rollblock also intends to add sports betting, covering markets like the NFL, Soccer, Boxing, MMA and more.
One key feature of this ecosystem is Rollblock’s revenue share model. This model allocates up to 30% of the weekly casino revenue to buy $RBLK from the open market. Half of these tokens are burned, and the remaining half are used for rewards.
Built on the Ethereum blockchain, $RBLK has a fixed supply of 1 billion. With tokens being burned, $RBLK becomes highly deflationary.
Rollblock is currently in stage four of its presale and tokens are selling for just $0.0172. With its superior security, growing popularity, and revolutionary DeFi application, experts believe that $RBLK could see 100x returns in 2024 with an 800% rally during its presale.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website:https://Rollblockpresale.io/ Socials: https://linktr.ee/Rollblockcasino
The post Crypto Nose Dive as Near Protocol (NEAR) and Ondo (ONDO) Bleed On All Charts Investor Focus Shifts To RollBlock’s (RLBK) Exceptional Presale Performance appeared first on Crypto News Land.
