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BNB and AVAX Price Wanes Losing Bullish Momentum; Rollblock Price Increases and Expected to Explode Again In Coming Days

30 June 2024
in BNB
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BNB and AVAX Price Wanes Losing Bullish Momentum; Rollblock Price Increases and Expected to Explode Again In Coming Days
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Altcoins have been on a downtrend in Q2 following ongoing SEC investigations and Bitcoin’s bearish performance. Binance Coin (BNB) and Avalanche (AVAX) investors are now considering more stable and promising opportunities as the market remains volatile. 

One such opportunity is Rollblock. Rollblock has attracted global investor interest with its GambleFi protocol, which offers the best of decentralized and centralized gambling. According to current predictions, the project could soar a massive 800% during its presale, which has put its $RBLK token in high demand. 

Binance Coin (BNB) Trades Below Key Moving Averages

The crypto market bear run has impacted Binance Coin prices, causing Binance Coin ($BNB) to meet resistance at $569.50. Since Binance Coin fell from its all-time high of $720.67 on June 6, its popularity has since plummeted. 

Binance Coin is now trading below its 50-day and 200-day moving averages. This indicates that the price will likely continue falling in the near to medium term. Many investors are liquidating their Binance Coin ($BNB) holdings to minimize stop losses and reallocate funds as the current market condition worsens for Binance Coin holders.

Avalanche (AVAX) Price Hits Six Months Low

Avalanche ($AVAX) has crashed 15% over the last week, causing Avalanche to drop to $25. This is a huge decline from its $60 all-time high just 6 months ago, and experts believe that Avalanche could face further declines. 

The latest data suggests that Avalanche could drop as low as $16, which has caused an influx of sell orders. With many investors taking a bearish stance on Avalanche, alternative projects like Rollblock have become popular options for investors selling Avalanche tokens.

RollBlock ($RBLK) On Track For Price Surge In Coming Weeks

Unlike Binance Coin ($BNB) and Avalanche ($AVAX), Rollblock ($RBLK) is experiencing a huge potential boom in the crypto space. 

Rollblock is a GambleFi protocol designed to bridge the gap between decentralized and centralized casino gaming. The community-backed crypto platform transcends the traditional gambling system by using blockchain technology to protect all transactions on the platform.

Blockchain technology makes transactions traceable, and all bets placed on the platform are fixed once placed. Rollblock’s transparency has been a key factor in its adoption and has helped the project attract thousands of investors in just over a month. 

$RBLK plays an essential role in the Rollblock ecosystem. Rollblock uses $RBLK tokens to offer users benefits and rewards. Players can also stake tokens to earn one of the highest APYs in the market. Rollblock also introduces a revenue-share strategy to keep its platform growing and resistant to external market factors. Up to 30 percent of Rollblock’s casino weekly profits go into repurchasing tokens on the open market. Half of these tokens will be burned to increase $RBLK price and stability, and the remaining half will be allocated to staking rewards.

Unlike other traditional casinos, which require users to complete KYC before signing up, Rollblock only requires users to connect their wallet or submit an email address, making it easy for both players and investors to use the platform.

Rollblock is currently in stage 3 of the presale, having sold over 90 million tokens in less than a month. It’s quickly become one of the most sought after projects in the world, and stage 3 has become its most popular to date. With just 60% of the $RBLK supply being sold during the project’s presale, investors have limited time to get involved before the project takes off. $RBLK can currently be purchased for $0.0145, making it an affordable and high-potential investment. 

Experts believe that $RBLK has the potential to become one of the top DeFi tokens in 2024. With its easy accessibility and use, transparency, connectivity with other cryptocurrencies and technologies, and great investor rewards, Rollblock has the foundation it needs to challenge major cryptocurrencies. Investors looking for a high-growth. stable investment to scale their portfolio could earn up to 100X over the next few weeks by getting involved in the early Rollblock presale stages. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Credit: Source link

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Tags: AVAXBNBBullishComingdaysExpectedExplodeIncreaseslosingMomentumPriceRollblockwanes
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