Rollblock (RBLK) Presale Raises $3.1 Million as Crypto Whales Dump BNB and AVAX

BNB and AVAX are two well-known cryptocurrencies that have serious barricades in their path. The recent market downturn is stalling the growth of these cryptos.

Cryptocurrency investors are keeping a close eye on BNB and AVAX, two digital assets that have encountered significant obstacles. The recent downturn in the market has hindered the growth of these cryptos. However, amidst this turbulence, a new player has emerged, garnering attention for its gaming protocol.

As the "Crypto whales" continue to steer the market with large buy and sell orders, they’ve been secretly accumulating Rollblock through its presale, and here’s why.

Investors Doubt A Price Rally in Binance Coin’s Future

BNB has seen a decrease of over 10% in the last week alone. Since August 23, BNB has shown a bearish trend, starting at $600 and then taking a sudden downturn. According to technical indicators, BNB may incur further losses later in September 2024. This bearish tendency could result in BNB falling below its 30-day low.

At the moment, the Moving Average Convergence/Divergence of BNB is below both its signal line and the zero line. When the MACD line crosses below both the zero and signal lines, it indicates a strong bearish market sentiment. Without any changes in market sentiment, BNB’s price is likely to decline further.

Avalanche Sees Massive Slip in August 2024

The monthly chart for AVAX in August shows a decline of about 17 percent. According to the technical indicators, AVAX is currently trading below its 50-, 100-, and 200-day EMAs. When we look at the daily chart, the prospects for AVAX are even more dismal. RSI is in the lower neutral zone, while MACD gives sell signals for AVAX, showing that this may not rebound anytime soon.

However, despite this negative technical analysis outlook, AVAX might just catch a break this September. At press time, AVAX trading volume is up by close to 90%, at approximately $221,781,709. While that might indicate a bearish feeling towards the project, investors at the same time are quite hopeful about the recovery potential of AVAX and are looking at its downtrend as a buying opportunity.

Rollblock’s Unique Gaming Model is Turning Things Around in the Crypto Market

While major cryptocurrencies like BNB and AVAX have undergone rather severe downturns, investors are turning their attention to Rollblock and its unique gaming protocol. With Rollblock, crypto users can play online games and participate in a fully decentralized earning model.

This innovative decentralized casino is revolutionizing the global iGaming market, which generates $500 billion annually, by addressing the inefficiencies of traditional casinos. Even more interesting is its no-KYC onboarding process, offering an unbiased and accessible platform for players worldwide.

Rollblock uses blockchain to ensure provably fair gaming, a key feature within its fast-growing ecosystem. Rollblock also has other innovative features that include instant buyback and burn mechanisms.

Investors, eager to find value in an otherwise miserable market, have indeed bet big on Rollblock’s gaming services. The ongoing RBLK presale has raised over $3.1 million across six stages, with the current price at $0.025.

Conclusion

For those crypto whales who don’t want to miss out on making huge gains, buying RBLK is the next best thing after BNB and AVAX. What’s even crazier is that they can make the best rewards on the market when they play online games. Rollblock’s user-friendly platform might just give new meaning to disruption in the iGaming niche.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

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