Despite the underwhelming performance of top crypto coins in recent days, Rollblock continues to show much strength.
As the finance world experiences seasonal performance patterns, investors often encounter the adage "sell in May and go away." This principle suggests that stock prices tend to surge between November and April rather than May and October. Interestingly, a similar scenario is unfolding in the crypto market.
While some of the best cryptos to buy are already showing signs of decreasing value, dampening the spirits of many traders, Rollblock remains unscathed. In fact, analysts are predicting massive gains for the crypto in June, making it a highly sought-after investment.
Among the top crypto coins that have experienced a downturn in recent days are Uniswap, SUI, Filecoin, and Dogecoin. Their value has plummeted by 10% within 24 hours, painting a gloomy outlook in the crypto market.
However, Rollblock has managed to maintain its strength despite the overall market dip. This is largely due to the platform's unique approach to solving pressing issues within the casino and igaming market.
With the global gambling market set to reach an astronomical value of $744B by 2028, Rollblock is poised to revolutionize this billion-dollar industry and make it even more enticing. It is not just another traditional crypto casino platform; Rollblock is designed to succeed where others falter.
As a result, key industry observers have selected Rollblock as one of the best crypto coins to invest in during June. Issues of transparency and security continue to plague the gambling scene, but Rollblock is developing a cutting-edge platform that will ensure all transactions are permanent and immutable.
This will make it virtually impossible to alter bets once they are placed. Being an upcoming GambleFi ecosystem, Rollblock will bridge the gap between centralized and decentralized games to offer users the best of both worlds.
Moreover, Rollblock emphasizes anonymity by not requiring KYC procedures. All you need is an email to sign up, deposit cryptos, and start playing games. The native token of the Rollblock platform is known as RBLK.
Currently in stage 3 of the presale, it is sold for $0.014, and there's a welcome bonus for new users who deposit up to $500.
Thus far, over 3,000 investors have joined the platform, and the team has managed to raise more than $820k in the presale. Having provided early buyers with a 40% ROI, analysts are projecting a price rally of over 400% before the end of July, making it one of the best cryptos to buy now.
Uniswap (UNI) is a top DEX platform that allows users to trade without third parties interference. It was developed in 2018 and hosted on the Ethereum blockchain, which is the second biggest cryptocurrency project based on market cap.
This makes Uniswap compatible with all ERC-20 tokens and other wallet services, like Metamask. On the Uniswap protocol, UNI is the main token used and was launched to make the ecosystem grow and develop.
Its main use case is to give members governance rights within the platform. Holders of the Uniswap coin can have opinions on upgrades and platform initiatives.
In terms of market performance, Uniswap is one of the top 5 cryptocurrencies that have dropped by 10% in the past 24 hours. CoinMarketCap data shows that Uniswap’s price has dropped below the $10 crucial support zone.
However, Uniswap is trading above the 50-day and 200-day EMA with the Fear and Greed index showing Greed (60). As such, a rebound is on the way, making it a good crypto to buy in June.
SUI (SUI) is a Layer-1 blockchain network that aims to facilitate the quick deployment of smart contracts. The Sui Network employs excellent transaction processing, which helps enhance latency.
Its primary objective is to bridge the gap between Web3 and Web2. Sui Network boasts several use cases that cut across DeFi, social networking, etc. By promoting smart contracts, Sui hopes to revolutionize the gaming space.
Members can use the Sui token to settle peer-to-peer payments and access several financial services online. Despite the market dip, Sui’s price has grown and shown so much promise.
Based on Coinmarketcap data, Sui’s trading volume has dropped in the past 24 hours. As a result of the declining market activity, the Sui price has also fallen considerably. Meanwhile, Sui has seen only 12 green days in the past month.
Although the Sui market sentiment is bearish, analysts argue if the token can pass the resistance levels at $0.89342, $0.924057, and $0.974903, it could reach $2 in Q2. This makes it a good crypto to buy now.
Filecoin (FIL) is among the best peer
News source:https://www.kdj.com/cryptocurrencies-news/articles/rollblock-rblk-crypto-tipped-explosive-growth-june.html
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