AVAX, MATIC stumble as August sees new crypto contender

As MATIC and AVAX struggle in the bear market, Rollblock’s presale gains momentum with analysts backing it for a 100x surge upon launch.

As the live crypto market gears itself for another wave of the bear season, analysts have started to put out their top picks for profitability. MATIC and AVAX have not featured in many buy lists as they have performed terribly in the past few months.

Meanwhile, a new crypto token called Rollblock is gaining significant traction in its ongoing presale, with analysts backing it for a 100x surge upon launch.

MATIC bears dominate amid volatility

An 18.33% price drop at August’s end rattled the entire MATIC community. This impacted the hype around the POL upgrade. While whales may seem to have retreated, social interest within the community remains high as this is reflected in its trading volume.

A concentration of Polygon holders intends to switch MATIC tokens in their portfolios with innovative, profit-yielding projects. Currently, over 98% of MATIC holders are in losses despite a surge in trading volume. As such, market experts caution retail investors against bearish reversals. 

AVAX incorporates DeFi and web3 gaming, value drops 

Avalanche’s recent integration of DeFi and web3 gaming appears to be falling short of expectations. Despite leveraging Chainlink’s Oracle technology to provide live trading data, this development has done little to boost user confidence. 

While AVAX aims to guide investors with real-time market trends from the GMX perpetual DEX, the platform’s broader impact seems limited. The cryptocurrency once heralded as a leader in Play-2-Earn gaming, has struggled to maintain its position. As a result, AVAX has shown a sharp 13.73% along with MATIC, raising concerns about its long-term capabilities.

Major crypto opportunity in Rollblock presale 

The Rollblock platform takes advantage of the bubbling gambling industry, bringing it on-chain. It incorporates immutable and transparent Blockchain record keeping. Users gain access to Rollblock by a mere email sign-in and wallet connection, removing the need for KYC verification. By doing this, user identity is protected and the platform remains totally anonymous. 

RBLK, the Rollblock platform’s utility coin, is presently available for presale. Presale investors get to enjoy massive bonuses and rewards, as a portion of the platform’s weekly revenue will be shared with them. RBLK operates a deflationary supply system, initiating a buyback program that splits 50% of the repurchased tokens between presale investors and its token burn campaign.

In the 6th stage of its presale, the new crypto project has raised over $3m in presale revenue. More than half of the allocated tokens for presale have been sold off, with the next presale phase to kick off in a few days. Presently, RBLK tokens are on offer for $0.024, giving investors a low point of entry. Rollblock has the features, tokenomics, and road map of a budding blue-chip crypto.

Conclusion

MATIC and AVAX have gained momentum in the altcoin industry, and are still great investment opportunities, but the unique features of Rollblock set it apart as it sweeps the competition out of the way, establishing itself as the next 100x crypto through the hottest presale event seen in the crypto industry.

To learn more about Rollblock, visit the official website and its socials.