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Breaking News: China's Impact On Bitcoin Prices: Top Expert Reveals The Real Reasons Behind The Drop
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Breaking News: China's Impact On Bitcoin Prices: Top Expert Reveals The Real Reasons Behind The Drop

Chainlink (LINK) and Toncoin (TON) Prices Drop As Spike In Rollblock (RBLK) Presale Registrations Indicates Imminent Rally

Bitcoinist
by Bitcoinist
Last Updated: December 20, 2024 3:24 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The crypto markets have been especially volatile lately as Chainlink and Toncoin take a dip while the booming GameFi Rollblock ($RBLK) presale continues to pull in the punters with exceptional growth in recent weeks. Experts remain bullish on the long-term prospects of Rollblock, which is expected to scale 50x this cycle as it hits the mainstream.

Interest in GameFi Startup Rollblock ($RBLK) Surges As Investors Race For A Position

Rollblock ($RBLK) celebrated an enormous milestone recently as this hugely disruptive GameFi token launch passed over 35,000 presale registrations. Rollblock has been growing steadily since its launch but has recently upped the ante with an incredible surge in interest from investors.

Rollblock has seen inflows of more than $7.3 million as the market wakes up to its huge disruptive potential to completely upend the $450 billion online gaming industry. All Rollblock transactions are secured on-chain, meaning that now transparency is front and center in the industry.

$RBLK has deep liquidity, meaning it can offer instant conversions and withdrawals to other cryptocurrencies and stablecoins. It also comes programmed with a hard cap of a billion tokens, meaning that it is in no way comparable to the typical crypto gaming token that prints away its value to zero.

The Rollblock revenue share scheme ensures that $RBLK’s supply will trend lower as each week the platform’s profits are used to buy up potentially millions of tokens on decentralized exchanges. 60% of these will be burned from the supply, while the rest are allocated to loyal stakeholders in the Rollblock community.

Chainlink ($LINK) Finds A Place In Trump’s Portfolio

Chainlink holders recently enjoyed a moment in the crypto spotlight as it emerged that its Oracle technology will be used by Donald Trump’s World Liberty Financial platform. Wallets connected to the Trump family were detected buying $2 million worth of Chainlink this week, raising speculation that Chainlink will play a leading role in this burgeoning DeFi ecosystem.

Chainlink has recently seen its price drop from $31 as the Chainlink price is attempting to find support at $27.66. Chainlink could easily make a run to its all-time high of $53 during Q1 of 2025 if the bullish news for Chainlink keeps coming.

Toncoin ($TON) Rangebound… But For How Long?

Toncoin has also taken a tumble this week, falling 2.2% to reach $5.80. This consolidation for Toncoin is only natural considering that it has put in a decent 7.7% candle this month and year-to-date has returned an astonishing 149%.

The Toncoin price has been trading in a fairly tight range recently as buyers and sellers have reached equilibrium. A breakdown from here would test support at around $4.61, while a breakout above the range high would see Toncoin target $7.30 in the weeks ahead. Toncoin RSI is currently above 50%, which would indicate bullish momentum and consistent buying pressure.

Rollblock The Consensus Bet For Gaming Innovation

Chainlink and Toncoin are struggling to break out here following weeks of impressive price action, meaning that Rollblock ($RBLK) remains the best opportunity for outsized returns during the next leg up. Its recent surge in popularity attests to the massive potential it offers to the gaming market, and investors should be aware that a further price hike looks likely in the coming days.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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