The German government started selling off its Bitcoin (BTC) assets seized in January 2020 from a movie piracy website. They recently transferred over $188 million worth of Bitcoin (BTC) to Coinbase, Bitstamp, Cumberland, and Kraken, and now, investors are worried about further price declines.
However, as the major cryptocurrency struggles, altcoin investors are optimistic about a potential market rebound, with innovative projects like Arweave (AR) and Rollblock (RBLK) leading the way. Experts forecast that Rollblock (RBLK) will hit rapid momentum with its ongoing presale in the coming weeks, making it a popular investment among altcoin investors preparing for the next bull run.
Bitcoin (BTC) Staggers Just Above Critical Support Levels Following Sell-Off
Bitcoin’s market price had experienced fluctuations throughout Q2, with Germany’s Bitcoin dump causing a further 1.36% decline in the coin’s value over the past week. Despite this negative trend, some analysts describe this situation as the “perfect storm.”
Analysts believe that with broader adoption of Bitcoin ETFs and new technological advancements, Bitcoin could surge to new heights. However, at a $57,559 trading price, investors worry that the coin is yet to hit its lowest price in Q3.
Arweave Surges by 5%
Arweave (AR) has demonstrated resilience, with its price recently increasing by 5.17% in the past 24 hours to $23.84. The relative strength index (RSI) indicates that Arweave (AR) is still in oversold territory presenting a potential buying opportunity for investors considering a market rebound.
Broader bearish market sentiment has influenced Arweave’s (AR) price movement, but the recent surge reflects strong buying interest. If Arweave’s bullish trend continues, Arweave (AR) could challenge higher resistance levels around $30 in the next few days. Overall, the current trend for Arweave (AR) appears promising and is contingent on sustained market support and investor interest.
Rollblock ($RBLK) Sells Over 100 Million Tokens In Less Than A Month
Although Arweave’s (AR) prices have risen in the last week, many investors are anticipating the launch of the new altcoin that guarantees great returns and rewards for investing in its presale. Rollblock (RBLK) is a GambleFi protocol that is poised to revolutionize the online gambling and crypto industry with its innovative solutions. It introduces a new way for the online gambling community to earn rewards while providing investors a stable and transparent token.
Rollblock (RBLK) uses blockchain technology to ensure transparency and trustworthiness in online gambling. It guarantees the highest level of transaction security, and bets can’t be changed once placed. This level of transparency has helped Rollblock (RBLK) gain thousands of users, and experts predict that growth will only boom in the coming months.
Another way Rollblock (RBLK) differentiates itself from other iGaming platforms is by offering seamless access to its casino. Instead of requiring users to complete KYC checks before they can play, players only have to sign up with their email or connect their DeFi wallet to start gaming.
With hundreds of games available on the platform, players can enjoy everything from casino favorites like blackjack to digital games and more. Investors can also watch their returns grow in line with the project due to Rollblock’s revenue share plan. Rollblock will dedicate up to 30% of its casino revenue to actively buying $RBLK from the open market, which will be shared between staking rewards and token burning to maintain the token’s value and investors’ engagement.
Rollblock (RBLK) is built on the Ethereum blockchain, and experts believe it could significantly disrupt the gambling industry, which is predicted to grow to $744 billion in 2028. Its unique DeFi application has made it a top DeFi token to watch in 2024, with analysts already highlighting that $RBLK has outperformed Bitcoin (BTC) over the last month. They also predict that the $RBLK token could rally a massive 800% during the presale alone, making $RBLK one of the best-performing new altcoins in 2024.
Rollblock ($RBLK) is currently trading at $0.0158 at stage 3 of the presale. This price is expected to increase over the next week due to Rollblock’s limited supply. According to the tokenomics, Rollblock has a fixed supply of 1 billion $RBLK and only 60% is available for presale. Rollblock’s robust framework and investor growth opportunities could make it one of the best altcoins to invest in!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.Rollblock.io/
Socials: https://linktr.ee/Rollblockcasino
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