For a week now, the crypto market has been in the red. Many big-time cryptos including ADA and RNDR have been suffering a huge loss in value. However, all hope is not lost for profit-seeking investors. The new AI crypto Rollblock is still enjoying green charts in the DeFi market. In fact, its ongoing public presale has only experienced astronomical growth since its launch, and here’s why.
Cardano Shows No Sign of Price Recovery
Since the market started trending downward, ADA has been really hit hard. ADA has tumbled by a whopping 22% in the first week of August. While trading volume remains high, ADA is lacking the momentum it needs to bounce back as the new trading week begins. Cardano price technical indicators are flashing strong ‘sell’ signals for ADA.
Right now, the official Cardano price is deep in bear territory. ADA investors and experts are really searching for any signs of a rebound, but so far, that’s not looking very likely. At best, ADA might see a small uptick if a minor correction occurs. But, the worst-case scenario could see August turning into an extremely tough month for ADA.
Render’s Growth Trajectory Looks Bleak
RNDR has also been greatly affected by the bearish state of the market. Despite a recent peak of $11.85, RNDR has dropped again in the past week. It is currently forming a “falling wedge” pattern in the short term. As the RNDR price nears the end of this pattern, it is expected to break out. This means that there is a chance for RNDR to move upward.
But, quite a few analysts have mentioned that even if RNDR does grow, it won’t be doing that by a long shot. RNDR’s coins in circulation has only gone up by a small 0.33%. This is clearly a bad sign that RNDR could have even more trouble rising in the future.
Rollblock is the Biggest Thing in DeFi Right Now
Rollblock (RBLK) is the world’s first Casino backed Play-to-Earn token that seeks to close the gap between centralized and decentralized gaming. Offering users access to traditional table games, Rollblock’s transparency and trustworthiness are core values.
Ensuring all transactions are secured using blockchain technology, whilst all transactions are traceable on the blockchain this makes it impossible to alter bets when placed and provides an additional layer of security. This level of transparency has seen Rollblock gain huge attention from investors across the marketplace who are looking for a safe and secure investment with huge upward potential.
Currently in stage 5 of the presale, $RBLK is trading at just $0.02 a 100% increase from its initial ICO price of $0.01. Due to this huge increase in value some analysts have projected that $RBLK could see over an 800% rise in value before the end of the presale, making now the best time to buy the new upcoming altcoin.
As the native token of the platform built to accommodate the future of the online gaming and casino industry, $RBLK has been tipped to become the top DeFi token of 2024. In addition, the extensive utility, revenue share and opportunities for token holders give $RBLK greater room for growth. Analysts predict that $RBLK has all the necessary features to become a 100x token over the coming weeks, making now the best time to start to stack the Rollblock token!
Conclusion
The red charts of ADA and RNDR mean tragic news for its investors. But, they can still make the most of the market with Rollblock. Stage five of Rollblock’s presale is already underway with each RBLK token sold at a very low price of $0.02 each. What are you waiting for? Buy RBLK today!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer and Risk Warning
This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.
