Solana and Cardano Holders Are Switching To Rollblock Presale To Avoid Downturn

Although Bitcoin bounced back from the $54,000 bottom, many altcoins are still struggling. Solana and Cardano, in particular, have seen steep price drops and investors are looking to diversify their capital with small-cap projects showing promising signs.

One of them is the crypto casino Rollblock which has recently caught investors’ attention with its cutting-edge platform. The presale of Rollblock’s native token RBLK has seen enormous success as it crossed the $1 million mark in a relatively short time. 

Bitcoin Surges to $65,000, Bulltrap Incoming?

A v-shaped recovery saw Bitcoin bounce back after the $54,000 drop in early July. In little more than a week, Bitcoin’s price increased by 20%, reclaiming a few key levels that bears failed to defend. 

Bitcoin is currently moving above the 200-day moving average and the bearish trendline. The $65,000 mark however, is proving to be a strong psychological resistance level for Bitcoin and moderate selling has begun, although enough to have a significant impact, at least for now. 

On the other hand, some analysts claim that Bitcoin has temporarily exhausted its upside momentum and if the $65,000 level doesn’t hold, another breakdown could be in the cards.

Solana Above $152 For The First Time In A Month

This current bullish impulse has benefited Solana’s price action too, as it finally managed to break through the $132-$150 channel and it’s currently trading at $162.

Rumors are circulating that an American investment management firm is in talks with the SEC about a Solana ETF. This doesn’t sound unrealistic, given the recent Ethereum ETF approval. However experts warn that it will likely take some time before the application is approved and a Solana ETF becomes reality. 

With this in mind, it feels like a new Solana all-time high by the end of this year is plausible, but as long as Solana’s price action is so closely tied to the movements of Bitcoin, the road ahead remains unpredictable.

Cardano Soars By 40% But Is Still Below May Levels

During the recent Bitcoin drop, Cardano demonstrated surprising resilience, reclaiming several resistance levels, although it’s still far from the March top. Cardano bottomed at around $0.32, a quick rebound shortly after brought the price back to $0.45. However, Cardano is still moving below the 200-day moving average, a bearish sign.

Analysts point out that investor interest in Cardano has been slowly waning. Despite recent updates of technical advancements, like the imminent launch of Cardano’s Chang hardfork, the market’s reaction has been lukewarm.

Rollblock Remains Bullish Despite Market Uncertainty

The attention of both beginner crypto enthusiasts and seasoned investors has been caught by the opportunities presented by the crypto casino Rollblock. Many of them have been rotating funds in the RBLK presale as a hedge against the uncertainty of the current market climate .

Rollblock is powered by the Ethereum platform, ensuring fast, easily traceable, and secure transactions, further cementing the casino’s commitment to transparency and user trust. This decision hasn’t gone unnoticed among enthusiasts; even in its early stages, Rollblock has hundreds of active users and is generating substantial revenue. 

The platform itself is intuitive and easy to navigate as it requires no KYC verification. Users need only to connect their wallet or sign in via email to begin playing one of the 150 games in the Rollbock catalog, with sports betting to be added soon. 

Rollblock’s native token, RBLK plays a crucial role in the casino’s DeFi functionality. Users can stake it, and get rewarded some of the highest APY in the crypto casino sphere. 

The casino will reinvest up to 30% of its weekly revenue to buy back RBLK tokens on the open market. 50% of these tokens will be burned forever, creating a deflationary environment that will sustainably increase the value of RBLK as time goes on. The other half of the amount will be shared with users as recurring staking rewards, becoming effectively a passive income stream.

The project’s goal is to seamlessly merge DeFi and TradFi gambling, combining all these features in a product that has the potential to disrupt the $450 billion online casino industry, which is set to grow to $750 by 2028.

Currently, stage 4 of the Rollblock presale is taking place and investors can buy RBLK for just $0.017. The price has already increased by 60% since the start of the presale and analysts predict a total of 800% price increase by the time it’s complete. With its sustainable growth model and a vast array of features offered, Rollblock has all the potential for a 100x surge at the peak of the bull market, meaning that the best time to invest is now!

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

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

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