The cryptocurrency market is experiencing a slight dip that has affected the majority of the top altcoins, including Ethereum and Binance Coin. Both the coins were in the process of testing new highs, but, in the last two weeks, have come under intense pressure from the bears.
On the other hand, Rollblock is still performing very well in the market with its blockchain ICO. It has sold out the first and second stages of its presale and is now at stage three.
Rollblock (RBLK) Presale Gains Traction As Investors Seek 100x ROI
While top altcoins like Ethereum and Binance Coin are showing weaknesses, new ones like Rollblock (RBLK) are trading in the green region. Data from the market shows that the value of Rollblock’s RBLK has pumped more than 40% in the past month. The price of the altcoin increased from $0.010 to $0.014.
Over $760k has been raised so far. At the center, Rollblock is a GambleFi casino with over 150 casino games. The platform supports 20 major cryptocurrencies, which players can use to fund their accounts. Aside from this, Rollblock is becoming one of the most liquid players in the gambling sector. It ensures gamblers can place their bet and be certain that they will be paid if they win.
Rollblock is also going to provide sports betting and other game options. Rollblock has one major advantage and that is its revenue sharing model. As much as 30% of the platforms’ profits will be used to buy RBLK in the open market. Splitting the tokens, the team will burn half and then put the remainder into rewarding the people who stage their RBLK coins, offering some of the highest staking APYs in the crypto space.
The burning will make RBLK highly deflationary, hence, causing the value of the token to rise in the future. Investors can purchase RBLK at $0.014 before it rises in the fourth round of its blockchain ICO. Because of its global reach, analysts predict that Rollblock is set to surge 100x once it is listed on exchanges, and that makes it the best coin to invest in currently.
Ethereum (ETH) Under Mixed Sentiment
The largest altcoin by market cap, Ethereum (ETH), is showing mixed sentiment on the price charts. While the Ethereum price is green on the monthly and yearly time frame, it has dropped into the red region on the weekly chart.
CryptoJelleNL shared that Ethereum has been able to defend the $3,500 price level. This is why they expect the Ethereum price to rise to $5,000 within the next few weeks. On the other hand, there is a bearish outlook as provided by AltCryptoTalk. They have placed the target at $3,200 should the altcoin price go below $3,435.
Analyst Gives Condition for Binance Coin (BNB) To Resume Rally
After reaching a new all-time high of $720.67 at the beginning of this month, the price of Binance Coin (BNB) has been on a downward movement. The altcoin is currently exchanging hands at the $570-610 price region and could go lower if the bearish pressure continues in the long run.
Xistann says another upward movement could happen if Binance Coin rises to the 0.618 Fibonacci. Such a move would push the value of Binance Coin as high as $670, Xistann’s chart showed. Meanwhile, Albert John predicts an even higher price target. They believe the altcoin will rise to $760 after a potential breakout, making it one of the best altcoins to buy now.
Conclusion
Despite being two of the best altcoins so far in 2024, Ethereum and Binance Coin have lost their upward price momentum. This means their prices might drop to new lows in the coming months, making Rollblock the best coin to invest in now. Rollblock’s price has increased by 40% in the past month. Also, market watchers predict a 100% rise in value in the next few weeks.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
