The recent crypto downtrend is coming to an end, as many cryptocurrencies are rebounding across the board. A few of the majors, however, are still struggling to find footing and consolidate on higher levels, namely Polkadot and Near. On the other hand, low-cap projects like crypto casino Rollblock are thriving in this highly volatile environment.
Polkadot Drops By 9.80% In One Week
Polkadot has introduced a few updates, including the Alpha Group parachain and new features on the Generic Ledger app, further expanding its already vast ecosystem. On a technical level, Polkadot is growing exponentially, but when it comes to price action, Polkadot’s underperformance is apparent, especially compared to similar projects.
The $6.50 resistance level is proving to be a significant obstacle for bulls, as the price gets rejected every time it comes close to the mark. Polkadot is currently sitting at $5.96 after another rejection at $6.44. Polkadot has been ranging around that level for the past few months now and investors fear it could face declines due to its lack of momentum.
Near Protocol Is Quickly Losing Momentum
After an impressive run in the first months of 2024, Near Protocol (NEAR) has faced a steep correction that started in June. A lower high was printed on the chart and the price was sent tumbling down, from $7.66 to $4.40, with a total 42.56% price decrease.
Since this downturn, Near Protocol’s total value locked (TVL) has surged to 324 million and the ecosystem welcomed more than 18 million new users. In terms of price, however, there is still a lot to be desired, as Near Protocol (NEAR) is struggling to break out of the channel that was formed around the $6 mark.
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Rollblock Crosses $1 Million Mark As Presale Is Quickly Selling Out
Rollblock’s ultimate goal is to bridge the gap between centralized and decentralized gambling, offering an immersive gambling experience. With a focus on transparency and user trust, Rollblock leverages blockchain technology to ensure safe and secure transactions.
Both experts and enthusiasts agree that Rollblock has the potential to disrupt the $450 billion online gambling industry and become a leader in the space.
The casino’s most impressive aspect is the revenue-sharing model powered by RBLK, the native token of the Rollblock ecosystem. Users can hold and stake RBLK on the platform and enjoy some of the highest APY on the market.
Here’s how it works. Rollblock invests up to 30% of the weekly revenue to buy back RBLK tokens from the open market. Half of these tokens are burned, reducing total supply and priming RBLK for further price growth. The other 50% are distributed to holders as rewards for staking.
Currently, stage 4 of the presale is live. RBLK’s price is $0.017 and has already increased by 70%. Analysts expect an 800% surge by the end of the final stage. As the online gaming narrative and the Rollblock casino gain traction, analysts believe that RBLK could see a 100x rally as the cycle progresses.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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