As meme coins lose traction, even Floki’s recent gains have failed to impress investors. Meanwhile, the crypto gaming sector is booming with The Sandbox recording big gains and Rollblock’s crypto-native casino overtaking the $450 billion per annum global gambling industry.
Floki (FLOKI) Bears and Bulls Fight for Dominance
Despite the recent decline in interest around meme coins, Floki’s price has been on a bullish trend over the past seven days, recording a total of 37.82% gains. After another impressive intra-day surge of 6.68%, Floki is currently trading at $0.0001571.
According to the FLOKI/USD daily price chart, Floki is trading above the 50-day and 200-day EMAs, signaling a bullish trend. However, with the RSI in oversold territory, Floki may experience a correction to the $0.0001456 level. If the bulls can maintain this momentum, then Floki may challenge the nearest resistance at $0.0001624 soon.
The Sandbox’s (SAND) Recent Gains Might be Short-Lived
The Sandbox’s price has experienced impressive 23.13% gains over the past seven days, following the Italian SSC Napoli launching NFT games on the Sandbox metaverse. The Sandbox is currently trading at $0.3066 with another intra-day surge of 1.98%. However, considering the 11.47% decline in The Sandbox’s trading volume, community sentiment is still in the red zone.
On the SAND/USD 4-hour chart, The Sandbox is trading above its 50-, 100-, 200-day EMAs. However, technical indicators like the RSI and CCI are flashing sell signals, hinting at a bearish correction. If The Sandbox breaches the nearest resistance at $0.3102, it may experience a rally up to $0.3464.
Rollblock (RBLK) To Reach New Heights in Q4
The crypto gaming sector is experiencing huge momentum these days, and all for good reason. Thanks to Rollblock’s crypto-based casino, traders are rushing to get their hands on $RBLK to join the fun. As the GambleFi sector gains traction, analysts anticipate Rollblock to hit 800% gains by the end of 2024.
Rollblock’s ecosystem is centered on the native $RBLK utility token that is backed on Ethereum. To power the casino, Rollblock integrates the best features of decentralized and centralized gaming that creates a unique combination of crypto-native virtual games. While traditional casinos still struggle with security problems, Rollblock’s ingenious integration of the Ethereum blockchain ensures that every financial transaction and bet is completely traceable and unchangeable.
New users can sign up on Rollblock’s casino by linking their crypto wallets – no other KYC checks are required. After depositing a cryptocurrency of their choice, traders can start enjoying 150+ AI-powered games including classics like poker as well as exclusive Web3-based titles like KENO.
Since Rollblock is fully regulated and audited by Solid Proof and Gaming Curaco, the casino is already active and making money with over 10K early registrations. These early investors also enjoy VIP benefits such as tiered bonuses that are based on their RBLK holdings.
Currently in stage 5 of its presale, RBLK tokens are selling out quickly at a low price of only $0.022 per token. As analysts anticipate the next big price surge, savvy traders have already added Rollblock to their portfolios ahead of its extremely bullish trajectory in Q4.
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