Render (RNDR) is a top AI crypto that recently delivered parabolic returns to holders, even as Tron (TRX) turns the stablecoin market on its head with $1 billion USDT minted on its network.
Amidst these developments, Rollblock (RBLK) continues to draw massive investor attention with its innovative hybrid infrastructure model gambling platform. Learn why analysts predict this ETH-based GambleFi crypto star will dominate the online gambling sector with 880% price surge in presale.
Render (RNDR) rallies 5100% before crumbling
The Render (RNDR) price dipped to the $0.2 region during the 2022 bear market. But AI crypto investors slurped the dip and loaded their bags heavily. RNDR’s price responded well, rallying from its lows to set an ATH of $13 in March 2024, rewarding the bold risk-takers with an easy +50x multiplier.
However, Render (RNDR) took a heavy pounding during the 3-month market-wide correction that affected all top AI crypto, pushing it down to the $5 region where it has been consolidating over the first two weeks of July.
Render (RNDR) rallied again over 17% in the third week of July, recovering from a low of $5.7 on July 12 to trade in the $6.7 level despite its technicals pointing to a bearish sentiment, which could be exacerbated by Binance delisting on July 22.
That said, Render (RNDR) remains a top AI crypto and a market leader in the decentralized GPU market. As demand for computational power grows with advances in AI technology, Render’s long-term fundamentals remain solid.
Tron (TRX) remains bullish amid market pressure
Tron network (TRX) has become a hotbed of stablecoin activity after Tether treasury resumed its stablecoin issuance spree on July 16, minting $1 billion USDT on the Tron network. On-chain metrics show that Tron (TRX) currently processes over $40 billion in daily stablecoin transactions, surpassing Visa and Mastercard volumes at times. That underscores Tron’s prominence in the digital currency market, with registered accounts topping 243 million.
This tremendous progress explains TRX’s outright defiance of market pressure to post a 3-week green streak. When Bitcoin hurtled down to the $53,000 region on July 5, TRX passed unscathed, surging more than 19% from the $0.11 level on May 27 to the $0.133 region where it currently trades.
With Bitcoin rocketing above $64,000, TRX’s remarkable price action is predicted to continue to resume its long-term uptrend which has been running since November 2022.
Rollblock ($RBLK): ETH-based GambleFi crypto tipped to dominate online gambling
Rollblock is a gambling dApp on Ethereum disrupting the $540 billion gambling industry with an innovative GambleFi crypto casino. Unlike traditional online gambling platforms, Rollblock records player activity on the Ethereum blockchain, and all bets and transactions are publicly verifiable. This ensures a fair and transparent gaming process, flushing out mistrust and injecting credibility into iGaming.
Here’s the hot deal: Rollblock allows players and investors to tap into the half-a-trillion gambling treasury through the platform’s native token, $RBLK. This GambleFi crypto offers an irresistible growth-based tokenomic structure combined with a fresh flourish of DeFi incentives.
There’s a weekly token burn schedule to decrease the circulating supply of $RBLK tokens over time, and a revenue-sharing program to distribute a portion of the casino’s weekly profits as rewards to players. That is topped up with a staking reward of up to 30% to trump selling pressure by rewarding long-term holding.
These solid fundamentals not only make $RBLK a passive income-generating asset but also give it ample time to increase in value and skyrocket to the moon.
This has drawn massive investor and player attention, and the excitement is palpable as the ensuing gold rush set the Rollblock’s($RBLK) presale on fire to surpass $1.2 million. The $RBLK is currently going at $0.017 in stage 4, and analysts predict it could surge 100x on launch.
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The post Render (RNDR) Rallies. $1Billion Minted On Tron (TRX), ETH Based GambleFi Token Set To Storm The Markets appeared first on Crypto News Land.
