This Summer Is All About Altcoins, but Avalanche (AVAX) and Optimism (OP) Investors Are Yet to See Any Gains. Meanwhile, Rollblock (RBLK) Is All Set to Become the Top DeFi Token of 2024

Rollblock introduces a new GambleFi protocol to crypto enthusiasts, and investors can't seem to get enough. With nearly $2.2 million already raised

While the Bitcoin price has been around $24,000 lately, the altcoin market is also slowly gaining momentum. Major altcoins, especially Avalanche (AVAX) and Optimism (OP), have been attracting investors' attention over the past few weeks. However, both tokens have not yet shown the expected rise.

On the other hand, Rollblock (RBLK), a new generation GambleFi project, is preparing to become the best DeFi token of 2024 after gaining 110 percent for early investors in the 5th presale stage.

Declines in Avalanche (AVAX) Price Draw Attention

Avalanche price has only seen a decrease in the last week. Posting a monthly decline of 26.25 percent, Avalanche is currently trading at $20.68. While Avalanche price dropped another 2.25 percent in the last 24 hours, its volume increased an incredible 31 percent.

As investors lose confidence in Avalanche's recovery, it's only a matter of time before profit taking drives the Avalanche price even lower. For now, Avalanche is trading below its 50-day, 100-day, and 200-day exponential moving averages, indicating strong bearish pressure.

If Avalanche falls below the $15.83 support, it could see a major decline to $4.77 in the coming months.

Optimism (OP) Stuck in the Lateral Trading Model

Although Optimism is among the top 50 cryptos, it has not recorded significant growth recently. Over the last 30 days, Optimism has lost approximately 25 percent of its value, dropping its current trading price to $1.37. There appears to be strong bearish pressure on the token as Optimism is trading below its 50-day and 200-day exponential moving averages.

For now, Optimism's price chart reveals a sideways trading pattern. While the main support sits at $1.32, $1.37 becomes the critical resistance. If the bulls manage to break through the resistance, Optimism could see a major rally in the coming weeks, pushing the price up to $2.

Uptrend Takes Rollblock (RBLK) Price to the Moon

Rollblock is introducing a new GambleFi protocol to crypto enthusiasts, and investors can't seem to get more. Raising approximately $2.2 million during its presale, Rollblock has the potential to become the next 100x crypto by the end of the year.

AI-powered, Ethereum-based, and KYC-free features are just three reasons why Rollblock is experiencing strong bullish momentum. Traders can access over 150 games on Rollblock's casino by connecting their wallet and depositing any crypto they want. Since Rollblock is a play-to-win token, all payments in the game are made using the platform's native token $RBLK.

One of the main reasons why Rollblock is expected to outperform established tokens like Avalanche and Optimism is its smart profit-sharing strategy. Each week Rollblock reinvests up to 30 percent of its casino revenue into open market buybacks of $RBLK. By burning half of these tokens forever, the platform ensures that the supply circulating in the market never exceeds 1 billion and that the price of RBLK remains deflationary over time. The remaining half of the tokens are distributed among holders as staking rewards with the highest APYs in the market.

Given these impressive features, the Rollblock price is expected to gain 800 percent by the end of the presale stages. For now, Rollblock is in the 5th phase of its presale and $RBLK is selling at a low price of just $0.021. Early investors already get a 2x profit

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