The ever-changing crypto market is buzzing with excitement as big changes are on the horizon. Analysts are talking about Bitcoin reshaping the concept of gold, making both seasoned investors and newcomers eager for the upcoming bull run. Amidst these market conditions, established altcoins like Jupiter (JUP) are failing to recover, while newcomer Rollblock (RBLK) is gaining more value with each passing day.
Bitcoin (BTC) Bears and Bulls in a Tug of War
Bitcoin (BTC) is down by almost 3% today, bringing the #1 crypto down to $64,473. After a massive surge of nearly 7% this month, Bitcoin is now headed towards the big $70K milestone. Bitcoin’s current price is swinging between $64,413 and $70,566 as the tug-of-war between bulls and bears continues.
If the bears get the upper hand, Bitcoin will be nearing its support at $61,169. But if the bulls get what they want, then Bitcoin may soar past the $70K mark and face the nearest resistance at $72,875, and then target the $78K level. As of now, technical indicators are showing a balanced battle, but analysts are anticipating positive momentum soon, which is set to fuel the upcoming crypto market rally.
Jupiter (JUP) Faces Extreme Price Volatility
Jupiter’s (JUP) price trajectory has seen dramatic shifts in recent weeks. After escaping the broader market downturn in early July, Jupiter’s price managed to make an impressive 91% recovery. However, the token failed to maintain that momentum and has been on a downtrend in the past few days.
At the time of writing, Jupiter is trading at $0.9899 after an intra-day decline of nearly 8%. This major decline comes after a huge Jupiter whale dumped over 202,470 JUP tokens that were valued at a total of over $220,000. This major sell-off is triggering a bearish sentiment in the market, and Jupiter’s price may see further dips in the following weeks.
Rollblock (RBLK) Set to Disrupt $750 Billion Gambling Industry
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Gone are the days when traditional casinos were popular. With Rollblock’s (RBLK) state-of-the-art crypto casino, the entire gambling industry is about to change forever.
Rollblock is bringing the fun back to crypto trading by combining the best aspects of centralized and decentralized gambling. By removing lengthy KYC checks and simplifying the signup process, Rollblock is committed to fostering a community of like-minded gamers and traders.
With this GambleFi narrative, Rollblock’s casino features over 150 popular casino games including roulette and blackjack. Each month, Rollblock continues to introduce more AI-powered games that use Web3 technology.
Since each transaction and bet is backed on the Ethereum blockchain, Rollblock players don’t have to worry about their sensitive information getting leaked. The Ethereum blockchain also provides a buffer against hackers, third-party manipulation, and bet fixing. With these features, Rollblock is revolutionizing the online gambling industry by making it safer and more accessible.
Rollblock investors can either play casino games to win more RBLK tokens, or they can simply stake the token to gain massive rewards. Through Rollblock’s ingenious revenue-sharing scheme, investors can earn huge staking rewards each week. This means Rollblock is giving a huge passive income stream to investors – something the casino world hasn’t seen before.
Currently in Stage 4 of presale, Rollblock’s native RBLK token is selling at just $0.0175. If Rollblock can maintain its momentum, analysts are expecting an 800x surge in value by the end of presale stages, with a massive 100x rally on official launch day.
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