Over the past month, Avalanche (AVAX) and Polygon (MATIC) investors have suffered more losses than they expected. Meanwhile, early investors of Rollblock (RBLK) are already enjoying up to 75% gains. Here’s why analysts believe this trend could continue throughout Q3.
Avalanche (AVAX) Experiences 7% Dip in 24 Hours
Avalanche (AVAX) has taken a sharp hit in the past 30 days. At the time of writing, Avalanche was trading at $24.7 after a massive intra-day decline of over 7%. This altcoin’s price has stayed between the $24.82 and $31.49 levels. Over the past week, Avalanche has lost around 12% of its value, and it’s down nearly 17.36% for the month. This decline has pulled Avalanche’s market cap down to $9.7 billion, while trading volume has seen a slight uptick of 6.8%.
For now, Avalanche’s technical indicators are suggesting a bearish sentiment. The 10-day SMA has dipped below the 100-day SMA, hinting towards increased selling pressure. If the bearish outlook continues, Avalanche holders may have to start searching for better alternatives to invest in.
Bears Take Control of Polygon (MATIC)
Polygon (MATIC) investors are bracing themselves for a rough ride ahead. At the time of writing, Polygon was trading at $0.4895 after a massive intra-day decline of 4.62%. This decline comes after a significant 13.29% dip for Polygon over the past month, hinting towards a full-on bear run soon.
Despite being pushed out of the top 20 cryptos, Polygon’s on-chain metrics have seen over 1.8 million new users in July. Unfortunately, even this massive influx of Polygon investors hasn’t been enough to counteract the heavy selling pressure. If profit-taking continues, then it may become even more difficult for Polygon to break out of its current downtrend.
Rollblock (RBLK) Closes In On $2 Million Milestone
Rollblock (RBLK) is gaining serious momentum in the crypto market. Over the past month, Rollblock has seen a huge influx of over 2,000 new investors, bringing the grand total up to 7,000. As Stage 4 of presale closes up, Rollblock is ready to hit new highs in August.
Rollblock is revolutionizing the $450 billion online gambling industry by using cutting-edge web3 technology. Built on the Ethereum blockchain, Rollblock offers high transparency and security to users. Each transaction is free of tampering and third-party manipulation. If that wasn’t enough, then Rollblock’s crypto casino is also free from lengthy KYC checks. This means new users can sign up by connecting their wallet and depositing major cryptocurrencies like Bitcoin and Tether USDT.
Once players are on the platform, they get access to Rollblock’s impressive range of over 150 AI-powered games. Apart from playing casino games to earn rewards, Rollblock users can also earn staking rewards with huge APYs through the revenue-share scheme.
Each week, Rollblock allocates 30% of casino revenue for open market buybacks and distributes these tokens to current $RBLK holders. The remaining tokens are burned forever to keep RBLK’s supply deflationary, making the $RBLK’s jump up as supply runs out.
Currently in Stage 4 of presale, Rollblock is selling at a low price of $0.0175. If the platform continues to snowball, then analysts are predicting 200x gains by the end of 2024, and a massive 100x rally before the end of 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
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