Aptos and Bittensor may be holding their ground as two of the top 50 cryptos by market cap, but analysts are beginning to lose interest after suffering massive declines over the past few weeks. Now, traders are switching to Rollblock’s viral presale that is racing to a $4bn market cap before the end of presale stages.
No Investors Want Aptos (APT) For Now
If Libre’s recent announcement to launch investment funds on Aptos’ network couldn’t trigger a resurgence, analysts believe nothing can. Aptos’ has been trading in the red for the past seven days, recording a total of 15.89% losses. With another intra-day plunge of 1.43% and a 28.88% uptick in volume, Aptos may be experiencing a profit-taking sentiment at its current trading price of $5.67.
Even Aptos’ technical analysis is suggesting strong bearish pressure as Aptos’ currently trades below the 50-, 100-. And 200-day EMAs. A comparison of Aptos’ 4-hour and 2-hour charts shows that Aptos’ RSI is sloping downwards. However, before Aptos reaches oversold territory, the token could crash to the support at $4.68.
Bittensor (TAO) Declines 70% From March Highs
After spending most of the last 30 days in the green, Bittensor’s downfall began in early September when the token suddenly plunged below $250. With an intra-week decline of 18.52%, Bittensor is currently trading at $227.85 which is nearly 70% down from its March all-time high of $757.
Bittensor’s technical analysis is currently showing a mixed sentiment. Even though Bittensor is trading below its key exponential moving averages, the token’s Momentum Indicator is still bullish. However, Bittensor’s MACD needs to cross the signal line in order to trigger a resurgence soon. If not, Bittensor may see a steep decline to the $174.48 support.
Advertisement Banner
Rollblock ($RBLK) Ready to Hit $4M Market Cap Before Launch
Rollblock’s crypto casino has been bullish ever since its launch, and September is turning out to be no different for this viral token. Ever since its ICO debut, this GambleFi protocol has accumulated a huge market cap of over $3.2 million already, with the native $RBLK token surging to $0.025 in stage 6.
Since Rollblock’s presale was launched at an introductory price of $0.01, the token has already managed to rally 150% due to a huge influx of investors. These traders aren’t just betting on another crypto – they’re betting on an innovative GambleFi ecosystem that is expected to dominate the $500bn per annum global gambling industry.
Not only does Rollblock give investors access to 150+ AI-powered games, but it also ensures a smooth signup process with no KYC checks. New traders can register by linking their wallets and depositing a cryptocurrency – no additional sensitive information needed. With Ethereum’s blockchain integration, Rollblock’s casino is completely tamper-proof and traceable with top-tier security protocols.
Aside from offering an online gambling experience that directly competes with on-site casinos, Rollblock also offers huge rewards for investors through an ingenious revenue-sharing model. Every week, Rollblock repurchases its native $RBLK on the open market and divides them into two categories. One half is used to distribute staking rewards to long-term holders with a 30% yield, and the other is burned forever to limit Rollblock’s circulating supply to the hard cap of 1 billion.
With these deflationary tokenomics, it is no surprise that Rollblock is expected to become the next 100x DeFi altcoin in the market. Given the upcoming altseason, Rollblock is ready to emerge as one of the top gainers with another price surge expected within next week!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach The Bit Journal’s audience directly. The Bit Journal’s editorial team does not create, endorse, or verify the content of Brand Press posts. Any views or opinions expressed in this content are solely those of the advertiser and do not reflect the opinions or views of The Bit Journal. The Bit Journal is not responsible for any claims, errors, or omissions in the content provided. For advertising inquiries, please email . [email protected]
The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.
