The Nvidia stock price recently surged by 8%, bringing the entire crypto AI niche along for the ride. Leaders of the sector, such as Fetch.ai and Render, have seen decent gains this week, while investors remain bullish on the Rollblock (RBLK) presale, which recently reached yet another new all-time high. Let’s find out why!
Fetch.ai (FET) Merger Keeps AI Investors Bullish
The FET pump just keeps on giving as it gained over 8% in the last 24 hours to hit $1.44. Fetch.ai recently merged with two other giants in the AI space to form the Artificial Superintelligence Alliance. This has been incredibly bullish for the FET price which has pumped over 64% in the last month.
Traders have returned to FETi in massive numbers as a result of this merger, as FET’s 24-hour trading volume hit $450 million, an impressive 32% surge in volume. If the FET hype continues to build then a reclaim of the 200 day moving average, currently at $2.80, will be within reach.
Render (RENDER) Making A Comeback Above $5
Render is up a respectable 3.6% today to hit $5.19. Render was one of the best-performing coins in the AI sector earlier in the year, and longer-term holders still find themselves up an enviable 234% year to date.
A Render sell off might occur here as Render whales look to take profits here after months of down only price action. In the event of further volatility to the downside, Render support at $4.56 should hold and provide a decent bounce. However, Render price action will likely be outperformed by newer coins without similar selling pressure from large bag holders.
Rollblock (RBLK) Casino Crushes More Traditional Competition
Rollblock (RBLK) has made a massive impression on its investors, who have been drawn to this disruptive crypto-gaming launch by its incredible potential to disrupt the $450 billion online gambling sector.
There is no end to the benefits that Rollblock’s Web3 casino can offer, starting with fully anonymous gaming thanks to a noticeable lack of invasive KYC checks for users. This frees gamers from worries about having their data leaked or sold on to malicious third parties – sadly not uncommon in the crypto space.
Rollblock’s use of the blockchain also means that gamers can be sure that their bets stand unmanipulated, as all dealings are encrypted onto the Ethereum chain for all time. This is a huge step up from more traditional casinos, which rely on significant amounts of trust between gamers and the platform.
Rollblock has the huge benefit of its own native token, RBLK. This is used for all winnings and giveaways and will also be able to be staked for up to 30% APY. The casino will itself provide a persistent bid in the markets, as up to 30% of its operating revenue is earmarked to buy back RBLK on the open market, reducing circulating supply massively.
Supply will become highly deflationary as demand ramps up in 2024 and Rollblock’s buyback and burn mechanism kicks in. This has led many analysts to predict insane 200x gains for Rollblock this year, making the current price point of $0.026 look like small change in comparison!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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