Binance Coin and Hedera Prices Continue To Tumble While Rollblock Price Surges Again; Holders 50% Up
The post Binance Coin and Hedera Prices Continue To Tumble While Rollblock Price Surges Again; Holders 50% Up appeared first on Coinpedia Fintech News
Investing in altcoins is a great way to generate steady profits in the DeFi space. Projects like Binance Coin and Hedera have offered steady returns over the past few years, though as their prices tumble many investors are looking into new projects like Rollblock.
Rollblock (RBLK) is receiving considerable attention as a budding project with prospects of significant expansion in Q3.
Rollblock introduces an Ethereum-based casino that combines the benefits of decentralized and centralized gaming. With momentum increasing and interest from external parties growing, RBLK looks promising. Experts speculate it may return more than 50x its current value within weeks to come
Binance Coin Price Dips After Recent Rally
Binance Coin recently plunged after hitting $590 on July 1. On July 3, the token dropped to an intraday low of $552 marking a decline of 3.75% in just 24 hours. Binance Coin’s monthly performance has been bearish with a decrease of 12%, with some experts believing that BNB could see further decreases.
This decline is linked to negative events surrounding Changpeng Zhao, the founder of Binance. Zhao has recently been imprisoned on money laundering charges, which has led some analysts to question Binance’s integrity. As a result, Binance Coin’s price has fluctuated, despite hitting an all-time high. With further declines on the card, Binance Coin could be a risky investment in July. As a result, altcoin investors are choosing newer projects over Binance Coin while its price stabilizes.
Hedera Faces Volatility: Will It Continue to Decline?
Hedera has seen bearish trends over the past two months. The token reached a peak of $0.181 in April this year before initiating a significant correction that made it crash to $0.0697 on July 4. A large head-and-shoulders pattern has followed this current price movement, which is typically seen as a bearish indicator in financial markets.
Investors are now split on Hedera’s performance. If the price starts a new uptrend, Hedera may touch past $0.20, thus setting a new annual high for the token. However, if Hedera continues to decline, experts believe it could fall as low as $0.16. Due to this uncertainty, Rollblock could be a more promising investment than Hedera.
Rollblock (RBLK) Surpasses $1M in Presale, Records 50% Holders Growth
Rollblock (RBLK) is establishing itself as a trailblazing participant in the digital asset arena. It’s the world’s first casino-backed Play-to-Earn token, combining both centralized and decentralized gaming components. This unique approach has not only set Rollblock apart from its peers but also accelerated the company’s growth in the cryptocurrency gaming sector. Last week, the platform reached a significant milestone by reaching $900,000 during its presale, a sign of investor belief in its business model.
Rollblock is now in the third stage of its presale with $RBLK tokens selling at $0.015, a 50% increase in its initial price. According to market analysts, Rollblock has huge potential, with projections suggesting that the value of the token could rise by 800% during presale alone. Some experts believe this could go as high as 100x by the end of 2024.
The platform offers traditional and new casino games and ensures all transactions remain safe and trackable through blockchain technology. This technology makes it impossible to change bets, providing additional security features that have been attractive to potential investors.
Another feature that helps Rollblock stand out is its KYC-free policy, which enables gamers to play by linking their digital wallet or signing up using their email. This low barrier has boosted user engagement and stakeholder interest.
Within the Rollblock ecosystem, RBLK will be used to reward players while also allowing them to participate in staking and the project’s exclusive revenue-sharing program. As part of this program, up to 30% of daily earnings from the casino will be allocated to buying $RBLK from the open market, burning half of these tokens while using the others for rewards.
Since launching its pre-sale campaign last month, Rollblock has already sold more than 100 million tokens out of a total supply of 1 billion $RBLK, with only 60% dedicated to the pre-sale. With this limited supply and high demand, the token is positioned for significant price appreciation as the sale continues to build momentum.
Rollblock is in an extremely strong position as we move into Q3. It’s well positioned in the GambleFi market, and experts believe it could become a leading altcoin within a year. Investors who get involved early could see massive returns, with a 20x surge being on the cards in upcoming weeks.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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