Despite recent bearish trends, certain crypto projects are starting to turn green. Bonk and Celestia are recovering faster than expected after last week’s slump and have recorded impressive trading volumes. Celestia alone has surged by 20%, trading at $7.21 at the time of writing.
From a percentage perspective, Bonk is doing even better, with a 25% increase in trading volume at $0.000026 per coin. Both coins are emerging as top market performers, but Rollblock’s bullish trends might overshadow them in the eyes of investors.
The new iGaming token is growing at a remarkable rate, with a price spike of over 55% in less than two months. The innovative GambleFi project continues to defy expectations, and experts are forecasting a potential price rise of 100x by the end of 2024.
Celestia Is Reigniting Interest
Celestia is recording stellar performance, ranking as one of the best cryptocurrencies among the top 100 digital assets by market value. TIA jumped by 25% to $7.30 this week, but some traders remain skeptical and take bearish bets. Their doubts are logical, considering that last week, TIA traded at $4.16, an 8-month low. However, that was a reflex to the overall decline in popular cryptocurrency prices.
Celestia is regaining traction in the market after its crypto asset’s market cap jumped past $1.4 billion. However, it’s worth pointing out that TIA is still far below its highest price of $20.91, achieved early in February of this year.
Some analysts attribute the new surge to the Orderly Network, a permissionless liquidity layer and infrastructure provider that uses Celestia for data availability and is in high demand. The Orderly Network handles over half a billion daily trades, and its momentum will continue to carry Celestia to potentially higher prices.
Bonk Is Showing Signs of Growth
Bonk recently announced that its treasury will burn 84 billion BONK tokens. This has inspired confidence among investors throughout the Bonk (BONK) community, triggering a 25% surge that took Bonk to $0.00002662. The reduction in token supply increases the market capitalization to $1.77 billion.
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This meme coin is riding a trend of massive adaptation with a rise in trading volume by 168%, although it’s still trading below its 200-day SMA.
The decision to burn Bonk tokens has created a bullish investor sentiment, which could result in an additional price increase over the next few weeks. Market cycles have also played a role, but these factors are not constant and can only temporarily influence the price.
Rollblock Continues To Build Momentum After $1 Million Milestone
One new token that continues to outperform the market is Rollblock. Rollblock is a GambleFi protocol designed to bridge the gap between decentralized and centralized gaming.
Rollblock introduces a modern online casino with a twist. It utilizes blockchain technology to offer full transparency and security, ensuring that transactions are recorded and immutable. Its platform offers over 150 games from more than 10 major gaming providers, and it continues to evolve as it builds momentum.
$RBLK tokens are used throughout the platform and will be used for rewards. Holders will be granted several benefits, including access to exclusive games and a share in the casino’s weekly profits. Each week, Rollblock will share up to 30% of its revenue to purchase $RBLK from the open market. 50% of the tokens it buys will be burned, and the remaining 50% will be allocated to rewards.
Only 60% of Rollblocks 1 billion supply is allocated to the presale. According to the project’s tokenomics, 12% will be used for marketing, 11% for rewards, another 11% for exchange listings, and the remaining 6% will be distributed among the Rollblock team.
Industry insiders believe the $RBLK price will rise by 880% during the presale and up to 100x on launch. With more features such as sports betting being added imminently, it’s only a matter of time before $RBLK tokens soar. As a result, getting involved now is a fantastic way for investors to optimize their portfolios without needing a huge budget!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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