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The AI crypto sector has turned decidedly bearish over the past 3 months as previously hyped coins such as Fetch.ai and Render have retraced massive pumps from earlier in 2024. Meanwhile, Rollblock ($RBLK) has hit yet another new all-time high as investors continue to pile into this hugely disruptive 100x gaming token.
Has Fetch.ai ($FET) Merger Spooked The Markets?
Fetch.ai (FET) has struggled to reverse its downtrend over the last 3 months and has lost over 66% of its market cap since May. Fetch.ai recently merged with two other leading AI crypto coins to form the Artificial Super Intelligence Alliance, or ASI.
As Fetch.ai’s price struggles to find support around the $0.82 level, Fetch.ai holders should be prepared to retest the lows of $0.70 and, failing that, $0.51 in the coming months. In the event of a bullish reversal, Fetch.ai could reach $1.51, though analysts believe a Fetch.ai would likely occur.
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Render (RENDER) Faces An Uphill Climb On The Road To $7
Render (RENDER) has been another victim of the downturn in the overall AI crypto market, as Render holders find themselves down 59% in the last 3 months. Render’s price recently dropped as low as $3.30, and has since stabilized around the $4.37 level.
Render will face considerable selling pressure in the event of a pump in the coming weeks, as all major moving averages are now waiting overhead. Key profit-taking areas for Render will be $5.82 and $7.51 on the way up. Render support looks likely to hold at around $3.50 in the event of another trip south.
Rollblock ($RBLK) Hitting The Headlines As Casino Hype Grows
Rollblock ($RBLK) is set to disrupt the hugely lucrative $450 billion online gambling industry by bringing the best of decentralized finance to the casino sector. Rollblock enscribes all transactions onto the Ethereum blockchain, meaning there can be no doubts about bet fixing or manipulation.
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Rollblock is entirely anonymous and secure, as no KYC information is required. Upon signing up, users can simply connect a crypto wallet to begin and take advantage of a current 100% deposit bonus of up to $500.
There are over 150 fully immersive Casino classics to enjoy, and a sports betting feature will soon allow for bets on major international sporting events. Payouts are made using the native $RBLK token, which is set for huge growth this year thanks to an innovative revenue share scheme.
Each week, the casino will use up to 30% of its profits to buy back $RBLK from the open market and remove them from supply. Half of these tokens will be burned and the remaining half will be used for generous staking rewards of up to 30%.
Rollblock is currently selling for just $0.021 during stage five of its presale. With tokens selling fast and analysts anticipating an 800% rally, there’s never been a better time to get involved.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
