Established tokens like Solana, Monero, and Litecoin are struggling to break out of their bearish trends with many seeing monthly declines. While all three look to bounce back, new contender Rollblock is catching the attention of savvy traders.
With a deflationary token model, fully licensed gaming platform and an attractive staking system, experts predict that Rollblock could deliver gains similar to Solana’s historic bull run.
Rollblock is revolutionizing the $500 billion gaming industry by bringing disruptive blockchain technology to traditional online gaming. This user-focused approach ensures unparalleled security and transparency, giving players a provably fair gaming experience. With a massive selection of over 7,000 games, including live dealers and sports betting, Rollblock ensures that every bet is securely encrypted on-chain.
To reinforce its commitment to trust and fairness, Rollblock is fully licensed and regulated by the Anjouan E-gaming Authority. In addition, Rollblock’s smart contracts have also passed a comprehensive SolidProof audit which guarantees that there are no hidden backdoors to be exploited by operators or hackers.
Beyond transparency, Rollblock also delivers a seamless gaming experience by leveraging its native RBLK cryptocurrency for all transactions. Players can instantly deposit or withdraw funds from their Rollblock account through 20+ supported tokens, bypassing the delays of traditional bank transfers. Rollblock recently announced a collaboration with Google Pay and Ripple Pay, allowing new users to deposit fiat currency to accumulate RBLK during signup.
The RBLK token can also be staked to secure rewards with up to 30% annual yield. Each week, the platform will allocate up to 30% of its revenue to open market buybacks of RBLK. 40% of these tokens will be distributed as rewards, the remaining 60% will be removed from circulating supply to trigger scarcity.
These deflationary tokenomics and user-focused approaches have already helped Rollblock raise over $10 million during its ongoing presale, with analysts expecting an even higher adoption rate after the recent upgrades. RBLK tokens are currently selling for only $0.055 each, making now the perfect time to invest in Rollblock before it witnesses a massive 100x rally on launch day.
Solana’s price has plunged below the $200 level once again, suggesting low confidence amongst investors. The token is currently trading 32% below its all-time high of $295 from January 19, and SOL’s market sentiment is quickly turning bearish.
Solana’s on-chain transaction volumes declined by 28% in the last seven days, following a meme coin trading slump. Recent data also shows that Solana’s funding rate has remained mostly negative in February, indicating weak demand from leveraged buyers. Although Solana’s TVL remains steady at 46.5 million, analysts still expect SOL to record a steeper decline in the coming days.
Solana is currently selling for $190.82 following an intraday decrease of 2.06%. Solana’s Awesome Oscillator and MACD also show bearish dominance on the SOL/USDT daily chart, paving the path for a crash toward the $168 support.
Monero witnessed a 9% rally on February 6 after the platform confirmed that its Rust-based node Cuprate delivered a strong performance. While the default Monero node software takes days to fully verify the blockchain, Cuprate speeds up the process by completing a fast sync in 4 hours and a full verification sync within 20 hours.
Following this network upgrade, Monero’s futures open interest increased by over 15% to $20.98 million. Although traders were positioning for a potential upside, Monero failed to sustain its momentum and fell into bearish territory again.
Monero is currently selling for $225.81 following an intraday decrease of 0.85%. Monero’s trading volume also decreased by 23.73% during this period, suggesting low investor interest. Since Monero’s MACD is still in a bearish crossover on the daily chart, XMR’s price could test the critical $200 support.
Litecoin’s price regained momentum over the past week following speculations regarding an LTC ETF. The US Securities and Exchange Commission officially acknowledged the 19b-4 filing from Canary Capital for a Litecoin ETF, triggering rapid accumulation for LTC.
Despite predictions of a Litecoin ETF attracting inflows of up to $580 million, many short traders have already liquidated their LTC positions. Litecoin is currently trading for $121.31 following an intraday increase of 4.37%. Litecoin’s trading volume also dropped by over 29%, suggesting low market participation.
From a technical standpoint, Litecoin’s MACD Level and Momentum Indicator are both showing bearish dominance on the 4-hour chart. If Litecoin fails to attract investor interest in due time, LTC could crash to the $99.19 pivot level, putting the token at risk of more downside in the coming days.
While major cryptos like Solana, Monero, and Litecoin face uncertain price action, Rollblock’s growth trajectory remains stronger than ever. As RBLK’s presale nears its final presale stages, savvy investors only have a limited window to secure Rollblock tokens at a discounted price before the next major surge.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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