Polkadot's price is down over 15% year-to-date, returning losses to investors. NEAR holders have also been facing the music lately, with the altcoin tanking 15% monthly.
Investors are cutting losses on Polkadot (DOT) and NEAR as both cryptocurrencies continue battling the bear market.
After a 5% loss in the past month, DOT’s year-to-date returns have been wiped out with a 15% loss. Meanwhile, NEAR’s 15% monthly decline has created more hurdles for the altcoin to climb past its long-term trendline.
However, on the other side of the spectrum, the Rollblock (RBLK) ICO continues to put up a spectacular performance with a 230% surge by stage 7. Here’s what’s going on.
Rollblock (RBLK) ICO booms with 230% growth, early birds get 3.3x
The Rollblock ICO has seen a 230% growth, attracting over $4.8 million in liquidity. This has pushed the RBLK price to $0.033, returning a 3.3x yield to early investors who bought at the $0.01 entry price.
But this is just the beginning, with analysts predicting 880% presale gains and a huge 100x upon launch in the open market!
Rollblock’s profit-sharing model and huge upside potential in the $540 billion gambling industry are key investor attractions that have driven this stellar performance.
Every week, this Ethereum-based gambling platform allocates a share of its gross gaming revenue for token buybacks. Repurchased tokens are paid back to RBLK token holders through the platform staking program.
Investors staking their assets earn up to 30% APY in passive income, making RBLK a top investment vehicle for traders looking for stable, consistent gains. Further, Rollblock implements a deflationary mechanism for RBLK through regular token burns, appreciating the token’s market value and price.
Besides, Rollblock’s market potential makes it alluring to growth-focused investors. The platform’s blockchain-powered fair gaming technology and AI-fueled GambleFi ecosystem position it to take over the half-trillion casino industry.
Even with a small percentage of that market, Rollblock could rise into a multibillion iGaming powerhouse, pumping the token price to the moon!
Polkadot’s price continues its slide
From its recent yearly high in March, Polkadot’s price only managed to hit $11, an 80% far cry from its 2021 ATH of $55. To make it worse, DOT has been in the red, negating all its yearly gains as it crumbles right back to the $3 zone.
DOT tanked 5% in the past month, pushing its yearly losses to 15%. Polkadot’s near-term price predictions show that DOT will likely continue circling the $3-$4 zone for the rest of the year.
Beleaguered DOT traders are now cutting losses to seek greener pastures in new crypto ICOs.
NEAR tumbles 15% monthly
NEAR dipped to $3 in August, and has been trying to squeeze a bullish reversal here in the past two months. But after rocketing over 93% to $5.8 in September, the bears took control, pushing NEAR down in October.
The bearish wave tossed NEAR down over 15% monthly, collapsing below its 50-day EMAs. That has created more obstacles for NEAR, raising questions about its ability to break above its long-term trendline.
Like DOT, Changelly analysts’ data show that NEAR will likely finish the year circling the $4 zone with minimal upside.
Whales continue their RBLK accumulation spree
In stage 7 alone, crypto whales have gobbled over 35 million RBLK tokens, pushing the token price to $0.033. There is currently a 50% RBLK bonus running on all new purchases for the next week, meaning there may never be a better time to get involved in the future of online gambling. DOT and NEAR investors are already flocking to the Rollblock ICO to grab a share, as only about 14 million tokens remain before the next price jump to $0.035.
Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
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