The crypto market is constantly shifting. Established altcoins like Internet Computer (ICP) and Polkadot (DOT) are battling to retain market share, while newcomers like Rollblock (RBLK) are reaching new all-time highs. Here’s why analysts believe that Rollblock could become a leading DeFi token in 2024.
Internet Computer (ICP) Investors Worry About Future
Internet Computer (ICP) used to be a popular altcoin. However, considering its current position, it seems hard to believe that ICP was once trading at an all-time high of $700.65.
At the time of writing, ICP is selling at $9.49 after an intra-day decline of 2.4%. With these market conditions, investors are beginning to lose confidence in Internet Computer’s (ICP) future. That said, since trading volume has surged by 42.83% in the past 24 hours, analysts are expecting a bear run soon. If profit-taking ensues, ICP’s chances of recovery are very slim.
Is Polkadot (DOT) Succumbing to the Bears?
Last week, Polkadot (DOT) was trading between $6.10 and $6.66, suggesting a tug-of-war between the bears and the bulls. Polkadot’s value has since further declined to $5.62 after an intra-day decline of nearly 4%. According to current trends, Polkadot bulls are losing traction.
Technical indicators like the RSI suggest that Polkadot has poor momentum and the MACD level indicates a bearish Polkadot sentiment. If DOT picks up momentum in the next few days, then there may be potential for growth. If not, Polkadot may see even lower lows in the following weeks.
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Rollblock (RBLK) Presale Hits New High After Raising $1.4 Million
Rollblock (RBLK) is making waves in the GambleFi market. In only stage 4 of its presale, Rollblock has already raised over $1.5 million. RBLK’s price has surged from $0.01 since the start of presale to $0.0172, and analysts expect to see this value soar by 800% by the end of this year.
This outstanding presale performance has attracted over 6,000 investors to Rollblock. The project’s innovative combination of decentralized finance with centralized gaming is offering investors a new solution to online gambling. While traditional casinos are plagued by hackers and data breaches, Rollblock delivers a safe and transparent user experience. By inscribing every financial transaction on the Ethereum blockchain, Rollblock secured transactions and prevented fraudulent activity. Furthermore, the project doesn’t require KYC checks to get started.
Besides offering a state-of-the-art crypto casino where users can enjoy popular games like roulette and poker, Rollblock also has an ingenious revenue-sharing scheme. Every week, Rollblock will use 30% of the casino’s profits to buy back $RBLK tokens from the open market. Half the tokens will be distributed to holders as staking rewards, giving them a passive income source. The remaining tokens will be burned forever to keep RBLK’s supply scarce and on a deflationary trend.
Rollblock’s crypto casino is quickly gaining momentum with over 6,000 daily active users. Analysts expect RBLK to become the top DeFi token of 2024, and savvy investors are adding it to their portfolio before the anticipated 100x rally before the end of 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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