Investors flock to Rollblock amid Polygon and Ripple struggles
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While Bitcoin maintains its dominance, Polygon, Ripple, and Rollblock are catching investors’ eyes with robust ecosystems and potential for growth.
While Bitcoin has asserted its dominance in the crypto market, other top crypto coins are still struggling. However, there are top crypto coins with a robust ecosystem and strong utility. Tokens such as Polygon and XRP have witnessed massive ecosystem development and adoption in the past few months, triggering speculations of bullish momentum.
Meanwhile, there is a sleeping giant in the crypto market that is quietly making waves. The new crypto Rollblock (RBLK) is a GambleFi protocol set to transform the $450b gambling industry through its AI-driven gambleFi ecosystem.
Rollblock: The new player shaking up the crypto market
Rollblock is a rising star with exceptional potential in the crypto market. Although still in the presale stage, Rollblock is gradually making its name known. While in stage 3 of the presale, early investors have made a 40% ROI. With its listing across CEX exchanges in Q3, analysts project massive rallies soon.
Rollblock has successfully raised close to $1m at presale with experts projecting $2m before the end of June. Meanwhile, the Rollblock native token, RBLK, is sold for $0.014. With the surging momentum, analysts project 20x rallies in Q3, putting it on the list of top crypto coins to watch out for in the coming months. Meanwhile, Rollblock has announced a $20,000 giveaway in the upcoming EURO competition.Â
To participate in the giveaway, users must join the Rollblock Discord. Meanwhile, joining the ecosystem is easy, as no KYC is needed. For context, Rollblock is a unique GambleFi protocol that aims to bridge the gap between centralized and decentralized games while bringing the best from both worlds. Rollblock is developing solutions to issues like security and transparency in casinos.
At Rollblock, all transactions are permanent and immutable. Notably, Rollblock is fully licensed and operational. The native token, RBLK, is the currency of the platform. Users can stake it or convert it to fiat currencies or cryptos. Also, holding the token gives users exclusive access to certain games. With its strong utility in the ecosystem, analysts project massive rallies soon.
Polygon price predictions: Can MATIC hit $1 by August?
Polygon (MATIC) was one of the top-performing cryptos in Q1. However, the token has been struggling in Q2. As per CoinMarketCap data, Polygon’s price plummeted 7% in the past 30 days and 12% in the past week. Notably, Polygon’s price has dropped below the $0.70 support zone and is currently struggling to hold onto the $0.60 mark. Added to this gloomy state are the declining Polygon’s market cap and trading volume.Â
Zooming in, the technical analysis shows that Polygon market sentiment is bearish, with the token having experienced only 13 green days in the past month. Although the bears are dominating, there is growing optimism among investors of a rebound in the coming weeks. Analysts believe that with the upcoming bull market, Polygon is one of the tokens tipped for a rally.
XRP price dip: Is a rebound possible?
Ripple (XRP) has continued to underperform when compared with some of the top crypto coins in the market. Over the past year, the XRP price has declined by 7% and dipped 5% further in the past month based on CoinMarketCap data. All key market indicators for XRP are currently down, which shows the bears are dominating.Â
On the brighter side, Ripple has seen 14 green days in the past month and is trading above the 50-day SMA. However, XRP market sentiment remains bearish. While the likes of Rollblock seem to be on the rise, Ripple’s dominance seems to be declining with the ongoing case with SEC being one of the causes. However, despite the current dip, some analysts remain firm in their XRP price prediction of $1 in Q3.
To learn more about Rollblock, visit the website and socials.
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