Toncoin and Stacks are both experiencing a massive sell-off, with investors losing confidence and booking profits. During this, savvy traders are turning towards Rollblock’s skyrocketing presale that has already rallied 150% and raised over $3.5 million!
Toncoin (TON) Investors are Booking Profits
Toncoin’s price has taken an intra-month plunge of 12.95% ever since Telegram’s CEO Pavel Durov was arrested in France. Despite the 2.36% surge today, Toncoin’s current trading price is still at a low of $4.74. Amidst this extreme volatility, Toncoin has seen a 50% drop in its on-chain value. Given the 73.04% uptick in Toncoin’s trading volume, all signs are pointing towards a massive sell-off.
Toncoin’s daily chart is also flashing strong sell signals as the token trades below its 50-, 100-, and 200-day EMAs. As Toncoin’s RSI plunges deeper into oversold territory, analysts expect Toncoin to crash to the $3.34 support in upcoming weeks. Unless Telegram regains investor confidence, Toncoin is unlikely to escape this bearish pressure.
Stacks (STX) is Losing Investors
Stacks has been in the red over the past week, recording a total of 10.63% losses. After another intra-day decline of 2.24%, Stacks’ price has crashed to a new low of $1.38. Since Stacks is suddenly seeing a massive 97.35% uptick in trading volume, analysts believe Stacks investors are booking profits.
According to the STX/USD daily chart, Stacks is trading below all exponential moving averages and is flashing strong sell signals. Although Stacks’ Momentum Indicator is flashing bullish signals, it can be attributed to the ongoing sell-off. For now, Stacks’ RSI is sloping downwards, suggesting that Stacks could crash to the nearest support at $1.09 soon.
Rollblock’s (RBLK) Series of Highs Expected to Continue
Rollblock’s play-to-earn utility token has already raised $3.1 million in presale, making it one of the hottest presale offers in the market right now. In only a few months of launch, Rollblock’s price has experienced explosive growth with a 150% surge. If this momentum persists, Rollblock is projected to see a massive 100x rally on launch day.
Since Rollblock combines the best features of centralized and decentralized gambling, this new crypto-native casino is all set to dominate the $500B per annum global gambling market. Backed on Ethereum’s blockchain, Rollblock’s casino has gold-standard security protocols like no KYC checks, transparent betting histories, and unchangeable bets.
New users can sign up on Rollblock’s casino by connecting their crypto wallets and depositing any cryptocurrency of their choice. Immediately after signup, users get access to 150+ AI-powered games such as poker, slots, and even web3-based titles like KENO. Despite being in presale, Rollblock is already active and generating revenue after being fully audited and regulated by Solid Proof and Gaming Curacao.
Rollblock’s ecosystem is based on the platform’s native $RBLK, which is used for both in-game payouts and exclusive rewards. Every week, Rollblock repurchases $RBLK on the open market using its casino revenue and distributes these tokens to current holders as staking rewards.
For now, Rollblock is nearly halfway through presale stage 6 with tokens selling at a shockingly low price of $0.025 each. As Rollblock turns extremely bullish, analysts expect another price surge by the end of next week.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
