Investors in Layer 1 change such as Solana and Avalanche have been in for some wild swings in price lately, as the crypto market continues its sideways chop. Rollblock ($RBLK), a promising new entrant in the GameFi space has continued to outperform the market recently with yet another new all-time high. Let’s find out why!
Solana ($SOL) Breakpoint Anticipation Riding High
Solana fell 3% today to hit 128, as the speedy Layer 1 chain reacts to the wider crypto dip. This brings Solana’s market cap to just above $60 billion, where it sits as the fifth largest crypto token by market cap. Solana has been especially volatile this summer, as recent Solana ETF applications have been hit with delays.
Sentiment has recently turned more bullish thanks to the upcoming breakpoint developer conference which is taking place at the end of September in Singapore. This will reveal new Innovations in the Solana ecosystem, including the next generation of Saga phones and a working demo of the much-hyped Fire Dancer upgrade. Solana bulls are hoping that this will propel Solana back toward $200 in the run-up to the conference, in a repeat of its incredible run last bull cycle.
Avalanche ($AVAX) Consolidates After Hefty Dump
Avalanche holders have had a frustrating month in terms of price action, as Avalanche pumped recently above $28, only to then retrace the entire move back down to support at $21.5. Avalanche has since stabilized and looks set for a period of consolidation around these levels before the next big move.
Support looks strong at $20, and Avalanche has seen significant volume in the last few days as buyers step in. Avalanche analysts are still targeting the $37 point as a local target, but Avalanche’s price will depend on the Bitcoin price and its effect on the larger crypto market.
Rollblock ($RBLK) Casino Presale Pulling In Huge Investment
Rollblock ($RBLK) has changed the game when it comes to bringing fairness back to the online gambling space. It is currently racing through its oversubscribed presale stages, as stage 6 tokens are now over 38% sold out.
Investors are grabbing the bargain RBLK token with both hands, as hype grows around Rollblock’s fusion of traditional gambling games with the power of blockchain technology. Fully crypto-native, Rollblock secures all financial transactions using the latest blockchain technology, meaning users can verify that their bets have not been tampered with once placed. It also allows gamers to remain fully anonymous, as no KYC documents are required to be submitted. Users can simply connect their crypto wallets to enable immediate transfer of over 20 accepted cryptocurrencies.
Word is spreading about the platform’s native token RBLK, which has a massive utility on the site and can be staked for up to 30% in risk-free yield. This is way ahead of most rates in the crypto space and will encourage holders to tight hold diamond hands as price surges. RBLK also benefits from a supply reduction, as the casino uses its profits to regularly buy back and burn the token.
Investors should race to secure a bag of RBLK at the current price of $0.025 before the inevitable moon mission – experts are calling for massive 100x moves this year!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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