The crypto markets have been a typically mixed bag this week. Polygon continues its downtrend while TRON looks primed for further bullish price action. Meanwhile, many investors are seeking out bigger gains by investing in the Rollblock ($RBLK) casino presale, tipped by many to make 100x gains this cycle.
Polygon ($MATIC) POL Hype Fades To A Whimper
Polygon has disappointed holders with a bearish retracement of last week’s pump to $0.57, as Polygon ran into heavy selling around the crucial 100-day moving average. Polygon made a string of nine consecutive green days as hype grew around its major rebrand to Polygon 2.0. Major exchanges are currently preparing to list the updated POL token, moving large amounts of Polygon in the process.
For now, Polygon’s price has stalled as neither bulls or bears are in the driver’s seat. A reclaim of the key $0.50 price level will be a sign that buying pressure has returned to the market.
TRON ($TRX) Launchpad Launches Explosive Price Action
The TRON (TRX) network has been riding high lately as a result of an incredible period of meme coin trading on the chain. TRON pumped over 26% over the last month, capping a 38% rise in the past three months.
The meme coin launch pad Sun Pump has been responsible for much of TRON’s increase in value, with many tokens, including Sundog, surging hundreds of percent in recent weeks. Large numbers of stablecoin transfers have also meant that trading volume has been huge on TRON recently. If current buying pressure continues, TRON will no doubt break above the $0.20 price level within weeks.
Rollblock ($RBLK) Passes $3 Million Pledges
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Rollblock ($RBLK) continues to see massive demand among investors, as over $3 million has now been pledged to this early stage crypto casino presale. Over 12,500 crypto gem hunters have seen the massive potential in what Rollblock can bring to the $450 billion online gambling sector.
Rollblock is unique due to its fusion of traditional casino games with the innovation and power of blockchain technology. This removes major problems that more traditional casinos face, namely lack of transparency and bet fixing. Rollblock places all bets onto the immutable Ethereum blockchain, meaning players can verify for themselves that bets will be honored and that games offer fair odds of winning.
There is also the incredible benefit of doing away with cumbersome KYC checks on registration, as Rollblock is entirely anonymous. Players can connect by simply making a cryptocurrency deposit from one of over 20 accepted cryptocurrencies.
The site offers over 150 incredible, fully immersive casino table games to explore, from roulette to blackjack and new favorites such as Candy Land.
All winnings can be collected in RBLK, the native token, which will see supply become deflationary as demand grows. The casino will regularly buy back and burn the token using casino profits, burning half of these tokens while using the remaining half for staking rewards.
The low price of $0.024 is set for yet another pump in the coming days, so savvy investors looking for the next 100x should head to the pre-sale before they miss the RBLK surge!
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