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TON, AVAX investors turn to new GambleFi crypto star

Partner Content
TON, AVAX investors turn to new GambleFi crypto star

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Investors in Toncoin (TON) and Avalanche (AVAX) look to emerging opportunities like Rollblock (RBLK) as experts predict potential 200x returns in 2024.

Investors in Toncoin (TON) and Avalanche (AVAX) have made impressive gains during the recent bull run and many are now looking to rotate profits into emerging narratives and freshly launching coins for the remainder of the run. At the same time, Rollblock (RBLK) is attracting huge numbers of buyers to its presale as experts call for 200x returns in 2024.

Can Toncoin break out above $7.60?

Toncoin has been locked into a range recently and is attempting to break above $7.7. Toncoin buyers had been stepping in around the 20-day EMA at $7.43, but Toncoin’s price has recently slumped to $6.82. 

If Toncoin bears are back in the driving seat, then a daily close beneath this moving average will indicate further weakness ahead. The Toncoin price could drop below $6.70 in the coming days unless buyers can be found.

Avalanche battling resistance at $32

Avalanche has run into serious resistance overhead, which has stalled Avalanche’s impressive run and sent it back into a range. Avalanche holders had been enjoying weeks of gains and were confident that Avalanche could smash through the 100-day SMA. However Avalanche ran into serious selling and was rejected.

With enough buying pressure from bulls, Avalanche will likely run towards $40 but in the event of more bearish price action, support around $28 should hold, or failing that Avalanche could drop to $25.

Rollblock presale attracts massive interest

In recent days, Rollblock has attracted over 1500 new investors to its wildly popular presale, bringing the total number of buyers to over 6000 in just a few short months.

Investors are excited about the potential that Rollblock is bringing to the $450 billion online gambling industry. Roadblock aims to bring trust and fairness back to the casino world by leveraging the power of blockchain to guarantee that bets will not be manipulated.

Users can sign in with only an email address and crypto wallet, meaning that Rollblock is anonymous. Once logged in, gamers have access to a huge variety of casino games on the platform featuring a range of classics old and new, and a sports betting feature will open up the platform to an entire new group of bettors. 

Thanks to a revenue-sharing scheme, the RBLK token represents a stake in the success of the casino platform. Each week, up to 30% of the casino profits will be used to buy RBLK on a decentralized exchange, half of which will be distributed back to the community through staking rewards, and the remaining coins will be burned forever. As adoption grows, the circulating supply will be increasingly hard to come by, leading to an explosive squeeze.

Analysts are predicting growth of up to 100x for this defi gem. Early investors are set to make huge gains with Rollblock and with RBLK currently selling for $0.017, this is a huge opportunity for investors without needing a huge budget.

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

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.