Recent market “upgrades” could have done more harm than good in recent weeks. Fetch.ai’s (FET) crypto-AI combination and Lido DAO’s (LDO) Proof-of-Stake blockchain seemed promising initially, but they are now losing investor confidence. Meanwhile, Rollblock’s (RBLK) crypto casino is hitting massive milestones and positioning itself to become the top DeFi token of the year.
Fetch.ai (FET) Ready to Bow to Bears
Fetch.ai(FET) became popular due to the rise of the crypto-AI narrative. Recovering from its 2022 decline, Fetch.ai’s price eventually reached an all-time high of $3.5. Unfortunately, these gains did not last for long.
At the time of writing, Fetch.ai (FET) was trading at $1.27. Fetch.ai’s price has seen a 12% dip in the past week and has stayed in the red zone throughout the past 30 days. According to experts, Fetch.ai is succumbing to the bears now, and analysts expect to see further declines for Fetch.ai over the next month.
Lido DAO (LDO) Shows Little Potential for Growth
Lido DAO (LDO) has been on a constant downtrend over the past 30 days. In mid-July, Lido DAO whales tried to initiate a recovery, but even those efforts ended in vain. According to Coinmarketcap, Lido DAO is currently trading at $1.57 after a massive intra-week decline of 19%.
In the past 24 hours, Lido DAO’s market cap has decreased while the daily trading volume has surged. These indicators hint towards a bearish outlook for Lido DAO. If profit-taking ensues, Lido DAO’s price may dip even further with slim chances of recovery.
Rollblock (RBLK) Price Expected to Surge in Next Quarter
While DeFi tokens like FET and Lido DAO struggle to survive, newcomer Rollblock (RBLK) is capturing investor attention. By integrating blockchain technology with online gambling, Rollblock is set to disrupt the $450 billion online gambling industry.
Most online casinos fail to offer security and anonymity to users. Rollblock addresses this major issue by removing intrusive KYC checks and offering state-of-the-art, blockchain-backed security. Users can sign up on Rollblock’s casino with their email address or by directly connecting their crypto wallets. After that, they can enjoy 150+ AI-powered casino games like poker, blackjack, roulette, and slot machines.
In the next few months, Rollblock will also add an innovative sports betting platform where users can place bets on high-stakes games like the NBA, NFL, golf, and more. Since everything is inscribed on the Ethereum blockchain, financial transactions are 100% secure and bets cannot be altered once placed.
Even if investors don’t want to spend their time gambling or betting, they can still earn passive income with Rollblock’s revenue-sharing model. The platform uses up to 30% of its weekly profits to purchase $RBLK tokens from the open market. Half of these are burned to keep supply low, and the remaining half are given to investors as staking rewards.
Currently in stage 4 of its presale, RBLK’s selling price is $0.0172. Early investors are already enjoying up to 70% gains, and analysts expect another 800x surge by the final stage of the presale.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/Socials: https://linktr.ee/rollblockcasino
The post Rollblock In Up Only Mode as Volume and Price Surge; Downtrend Continues For FET and Lido DAO (LDO) appeared first on Crypto News Land.
