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Bitcoin’s recent pump has led the altcoin market to follow suit, with many coins, including Polygon (Matic) and Avalanche, seeing huge rallies this week. Meanwhile, many investors are stepping up to allocate to Rollblock ($RBLK), a promising play-to-earn coin in the gambling sector that is tipped for incredible 100x growth in 2024.
Polygon ($MATIC) Layer Two Pump On POL Rebrand
Polygon has finally seen a long-awaited revival of bullish price action as the layer 2 scaling solution on Ethereum has pumped over 16% this week to hit $0.56. Polygon ran into fierce selling at the 100-day moving average and is currently consolidating just underneath $0.5 at $0.499.
Polygon has recently undergone a rebranding process, as exchanges gear up for listing of the POL token. This should see a renewed interest and surge in Polygon trading volume, although whether it will be enough to propel Polygon out of its 6-month-long downtrend remains to be seen. A reclaim of the 200-day moving average at $0.72 would be a sign that the Polygon bull market is back with force.
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Avalanche (AVAX) Eyeing $32 As Pump Set To Continue
Avalanche (AVAX) has recovered from its recent sell-off to $17.29 and has rallied 20% in the last 7 days to around $25.5 at the time of writing. Avalanche has faced a difficult time recently and Avalanche’s price is down 36% in the last 6 months.
If Avalanche can continue its pump, a breakout above the July highs of $32 will be an incredibly bullish sign. However, in the event of another period of bearish chop, Avalanche holders believe that Avalanche could drop below $20.
Rollblock ($RBLK) Making Waves As Presale Continues To Defy Crypto Gaming Slump
Rollblock ($RBLK) has continued to hit new highs in recent weeks, as over 10,000 investors have now signed up for this promising crypto casino token. Rollblock is a GambleFi casino that encrypts all bats onto the Ethereum blockchain, removing any chance of bets being tampered with.
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Rollblock has the great benefit of being entirely KYC-free, meaning users’ privacy and security can be guaranteed. Gamers can simply connect a crypto wallet to start exploring a massive range of casino table classics on the site.
The native token RBLK is being tipped for incredible gains of up to 100x this cycle thanks to its innovative tokenomics and tremendous utility. Each week, the casino will use up to 30% of its profits to buy back and burn $RBLK tokens, and it will distribute half of these coins to stakers. Holders can earn up to 30% on their holdings, an attractive proposition that will further reduce supply and sell pressure in the market.
As demand goes parabolic, supply will decrease accordingly. This will send Rollblock upwards fast, and the current $0.022 price point will be a distant memory. Investors should check the Rollblock socials for Paralympic giveaways each day and grab a bag before its price hits the predicted 800% increase during its presale.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
