Rollblock ICO Shines as the Diamond in the Rough of the Current Crypto Market
TON and SOL price dwindling is understandable. The recent crypto market volatility has reached a feverish peak. But Rollblock is still stealing
As the final quarter of the year unfolds, the cryptocurrency market presents a tale of contrasts. While some digital assets, such as SOL and TON, encounter difficulties, others, like Rollblock, continue to generate buzz with their innovative offerings. Here's a closer look at the recent developments.
Crypto market turbulence impacts TON, SOL prices
The recent volatility in the cryptocurrency market has affected the prices of several prominent digital assets. Toncoin (TON), which saw a remarkable recovery following Telegram founder Pavel Durov's arrest in August, has encountered further challenges. Despite celebrating the milestone of surpassing $1 billion in USDT locked within its ecosystem, TON has faced selling pressure, resulting in a 10% decrease in its value over the past month.
Another digital asset that has struggled to maintain its earlier gains is Solana (SOL). After rallying significantly in the past few weeks, SOL encountered resistance at $180, leading to a 13% drop from its monthly high. This downturn comes as decentralized exchange (DEX) volume within the Solana ecosystem experienced a drastic decline, falling from $13.3 billion to $1.8 billion.
However, both TON and SOL prices attempted to recover from their losses on Monday evening. Together with the rising U.S. election hype, this development could influence the direction of both cryptocurrencies in the coming days.
Technical analysis suggests further downside risk for SOL
A closer examination of Solana's price movement reveals that it may be vulnerable to further declines. On the lower timeframes, a sell signal is generated by the moving average convergence divergence (MACD), indicating a higher probability of bearish momentum.
Furthermore, the relative strength index (RSI) has decreased substantially, reflecting a weakening momentum on the upside. This observation, combined with the massive divergence from SOL's price action, suggests that traders should exercise caution and anticipate potential downside movements.
Meanwhile, a decisive close above the crucial resistance level of $180 could trigger a bullish sentiment among traders, potentially leading to another leg up in SOL's price.
Tonblock shines in presale with iGaming solution, revenue share
In the midst of the turbulence affecting the broader cryptocurrency market, one digital asset has managed to capture attention with its innovative offering and stellar performance in the ongoing initial coin offering (ICO). This asset is none other than Rollblock, which is revolutionizing the $500 billion online gambling industry.
Combining the excitement of traditional casinos with the security, scalability, and decentralization of blockchain technology, Rollblock is offering a unique value proposition. Its utility token, RWA, presents an opportunity for both retail and institutional investors to own a piece of the world's largest pastime market.
But what truly sets Rollblock apart is its revenue share program, which ensures a steady income from the revenue generated weekly. This program guarantees passive earnings for holders of the RBLK token, further enhancing its appeal.
Moreover, Rollblock's tokenomics are designed to ensure token growth and growth that defies the volatility typically associated with cryptocurrencies - as evident in its ICO. The RBLK Token price has surged 250% in a matter of months to reach $0.033, while the ICO raise has reached new heights, crossing the $5 million mark.
Don't miss out on Rollblock's ICO - Get in now at $0.033 with a limited 50% bonus on all purchases. Join the casino revolution and stand to gain from the online gambling boom!
You can discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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