As Rollblock's (RBLK) presale becomes a huge success, tokens like Polkadot (DOT) and MultiversX (EGLD) can't seem to keep up.
While tokens like Polkadot (DOT) and MultiversX (EGLD) struggle to maintain their value, Rollblock’s (RBLK) presale has emerged as a resounding success, capturing the attention of investors preparing for the upcoming bull run.
Polkadot (DOT) Investors Bearish Despite Slight Recovery
Over the last 30 days, Polkadot’s price has seen a significant 30% decrease, currently trading at $4.46. Although the token experienced a slight 0.78% recovery in the last 24 hours, the overall community sentiment remains pessimistic.
However, with Polkadot’s 24-hour trading volume increasing by over 60%, some investors may be considering booking profits before the price drops further.
Technical analysis of the DOT/USD daily chart reveals that Polkadot is trading below both its 50-day and 200-day EMAs, indicating strong bearish pressure. At the moment, Polkadot has crucial support at $4.66. If the token price falls below this level, it could trigger a massive sell-off.
MultiversX (EGLD) Faces More Downward Pressure
In the first week of August, MultiversX’s price dropped to $23.23, and the token has encountered continuous difficulties since then. Currently, MultiversX is trading at $26.58 with a minor 0.24% surge, but this recovery is not instilling any hope among investors.
With MultiversX’s market cap decreasing to $723 million and trading volume increasing by over 25%, it might not be long before the bears take over completely.
The EGLD/USD daily chart is strongly suggesting a sell signal. If profit-taking occurs, MultiversX may fall to $25.95 soon, with a steeper decline to $20.99 in the upcoming weeks. However, if buying pressure picks up, MultiversX may rise to the $32.18 pivot.
Investors Opt for Rollblock’s (RBLK) GambleFi Protocol
In contrast to the dwindling fortunes of certain tokens, Rollblock’s crypto casino is making headlines for all the right reasons. The platform has already managed to raise more than $2.2 million and has attracted over 9,000 users.
As this new GambleFi protocol gains traction, analysts are expecting Rollblock to deliver 800% gains before the token officially launches on decentralized exchanges.
Through an ingenious combination of centralized and decentralized gaming, Rollblock is experiencing explosive growth. With the global gambling market expected to grow up to $750 billion in the next few years, Rollblock is strategically positioning itself to become a market leader with a vast first-mover advantage.
Adding to its appeal, Rollblock is leaving traditional casinos behind with its no-KYC policy. New players can join Rollblock’s play-to-earn casino by simply linking their crypto wallet and depositing any of the 20+ compatible cryptos.
Currently, Rollblock’s casino features over 150 immersive games, ranging from classics like poker to new web3 games. The casino is fully audited and regulated by Solid Proof and Gaming Curacao, ensuring investors can play with peace of mind.
Moreover, Rollblock has a profit-sharing mechanism that rewards investors with a weekly passive income. Up to 30% of Rollblock’s casino revenue is reinvested in purchasing its native $RBLK on the open market, and these tokens are used to distribute staking rewards with huge APYs. Half of these tokens are also burned, making $RBLK deflationary.
Considering its tokenomics, Rollblock’s price is expected to see another price surge before the end of this week, making now the perfect time to invest in Rollblock for only $0.021 per token!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
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