Bitcoin and other major altcoins are still in bear territory, and most meme coins have also faced massive sell-offs as holders capitulated. As the market is cooling off during this four-month correction, a crypto niche is waking up from hibernation and catching the attention of investors: gaming.
In 2021, crypto gaming had a spectacular run that was suddenly cut short when the bear market kicked in. Now, it seems primed for a major comeback.
Gaming projects are showing impressive resilience amidst the market downturn. Investors are starting to pay more and more attention to projects such as MultiversX (EGLD), Notcoin (NOT), Decentraland (MANA) and RBLK, the token of the crypto casino Rollblock, set to disrupt the $450 billion gambling industry.
MultiversX Bounces Back After Deep Correction
EGLD is the utility token of MultiversX, a platform for decentralized applications. Its vast ecosystem offers solutions in every aspect of the crypto sphere: DeFi, NFTs, wallets and gaming. One of the reasons for this MultiversX rally is the integration of Safepal, a mobile and hardware wallet that currently serves 13 million users. This integration could result in massive MultiversX adoption, potentially taking the project to a new all-time high.
MultiversX’s price has been caught in a range for a few months but it managed to rebound at a point in time where all other majors were down, displaying remarkable strength. In the past few days MultiversX rose by 32%, from $28.20 to $37.30 and experts believe that MultiversX could rally to $40.
Notcoin Surges 86% In Defiance Of Downturn
NOT is the currency of Notcoin, which is a play-to-earn Telegram game that has players complete various tasks to get rewards. Notcoin has been turning heads as it skyrocketed while almost every other major crypto tanked.
In less than a week Notcoin experienced a 86% surge that saw its price rally from $0.009 to $0.016. At the peak Notcoin faced resistance and experienced a 20% correction. However, the 100-day moving average was respected, preventing a more severe downturn for Notcoin. Notcoin is now trading at $0.01491, up 50% over the last week.
Decentraland Has A Swift And Promising Recovery From Bottom
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MANA is the native currency of Decentraland, a virtual world where users can buy land and pay for in-game services and features. It made waves during the 2021 bull run and analysts expect Decentraland to reach new heights as the resurgence of crypto gaming draws near.
Due to market corrections, Decentraland’s price has decreased over the last few months. This took Decentraland to a low of $0.26, though the project has since rallied 19% and is now trading at $0.31. Given its dominance in the Metaverse market, Decentraland could be a strong investment should the DeFi gaming market gain traction. That said, Decentraland could still be outperformed by new entries like Rollblock.
Rollblock Among The Top Gainers The Gaming Space
As crypto gaming is primed for a major comeback, crypto casino Rollblock has been capturing the attention of both players and investors with its unique features and commitment to transparency and user trust.
Rollblock’s casino is fully licensed and already generating revenue. The project is powered by the Ethereum blockchain, ensuring fast, easily traceable, and secure transactions. The platform is easily accessed, with no KYC required, allowing users to keep their anonymity.
To get started, users can simply connect their wallets and start playing over 150 AI-powered games offered by Rollblock. This ecosystem is continuously evolving and sports betting will be added to the platform in the upcoming months.
RBLK, the casino’s utility token, plays a crucial role in the ecosystem. Holders can stake it and get rewarded some of the highest APY in the crypto casino sphere. Additionally, the Rollblock casino will reinvest up to 30% of its weekly revenue to buy back RBLK tokens on the open market. 50% of these tokens will be burned forever, creating a deflationary environment that will sustainably skyrocket the value of RBLK. The other half will be shared with users as holder rewards.
Currently, stage 3 of the Rollblock presale is taking place and investors can buy RBLK for just $0.0154. The price has already increased by 54% since the launch and analysts predict a total price increase of 720% by the time it’s complete. With its sustainable growth model and a vast array of features offered, Rollblock has all the potential for a 100x surge at the peak of the bull market, meaning that the best time to invest is now!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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