After spending months in decline, Render may be on the verge of a bullish breakout. However, Filecoin investors are yet to see more losses as the bearish momentum continues. Amidst these risky investments, Rollblock (RBLK) is emerging as a top contender for 100x growth potential by the end of the year!
Render (RENDER) Still in Top 50: Is It Time for a Bullish Resurgence?
Render may have shed over 35% of its value in the last 30 days, but analysts remain positive about future growth. For now, Render is trading at $4.37 after an intra-day decline of 4.27%. Despite these dips, Render still ranks as the 46th largest cryptocurrency with a market cap of $1.71 billion.
Render is currently trading below its 50-day and 200-day EMAs, which indicates strong bearish pressure. However, the MACD is flashing a buy signal, hinting at the possibility of a price reversal. If Render can break above the nearest support at $4.99, it may step into bullish territory in upcoming weeks.
Filecoin (FIL) Price Facing Big Challenges
Despite being a front-runner in the DePIN sector, Filecoin’s price is far from its early 2024 highs. Filecoin is currently trading at $3.56 after an intra-month decline of nearly 23%. With declining network activity and weak demand, a Filecoin recovery seems highly unlikely for now.
What makes Filecoin even less appealing is the limited growth potential, with analysts expecting the bearish trend to continue. If buying pressure doesn’t pick up soon, Filecoin’s price may fall as low as $3.25.
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Rollblock (RBLK) to See Another Price Hike Amidst Bullish Sentiment
While Filecoin loses investors, Rollblock (RBLK) is attracting thousands every week with its attractive GambleFi offer. Rollblock is a new play-to-earn crypto-native casino that has already raised nearly $2.2 million in presale. Given this explosive growth, market experts are already talking about Rollblock’s 100x potential.
Since Rollblock is the first community-backed GambleFi platform, it has a huge first-mover advantage in the $450 billion global gambling industry. By combining the best of centralized and decentralized gambling, Rollblock’s crypto-native casino is giving traditional casinos a run for their money. While traditional casinos struggle to offer suitable security protocols, Rollblock’s casino is immune to third-party manipulation and bet-fixing due to Ethereum’s blockchain.
Aside from high-tech security, Rollblock also has a simple, no-KYC signup process. New traders can sign up by linking their crypto wallet and instantly gain access to 150+ immersive AI-powered games. Since in-game payouts are made using Rollblock’s native $RBLK, traders can keep adding more tokens to their portfolios by winning.
Besides in-game rewards, the $RBLK token also offers utility. Investors can stake the token to earn a weekly passive income through Rollblock’s revenue-share model. Every week, Rollblock buys back $RBLK on the open market using up to 30% of its casino revenue. While half of these tokens are burned forever to ensure that $RBLK remains deflationary, the remaining are distributed to holders as staking rewards with up to 30% yield.
For now, Rollblock is in the 5th stage of presale and tokens are selling out fast at a low price of only $0.021. Given that this price has already surged 110% since the start of presale, analysts expect a huge 800% surge before the presale concludes.
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