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The Sandbox Closes In On $1 As Theta Network Soars, But Could This Altcoin Outperform Both?

Bitcoinist
by Bitcoinist
Last Updated: December 7, 2024 11:13 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto gaming has recently seen a huge revival as The Sandbox token makes its way towards $1. Theta Network has also been on fire lately, although many investors are now making the move into the up-and-coming Gamefi gem Rollblock ($RBLK), which promises to outperform them both with predicted 50x gains. Let’s dive in!

The Sandbox ($SAND) Emerges As Gaming Market Leader

The Sandbox has gained a phenomenal 13% in the last 24 hours as its price makes another run for that $1 mark. The Sandbox recently broke through this key level of resistance, but was immediately rejected down to support at $0.85. It is currently mounting another rally, consolidating at $0.93.

It looks as though The Sandbox investors are returning to the market in droves, as exchanges recently recorded an unbelievable 120% spike in 24-hour trading volume. This equates to more than $3.9 billion of The Sandbox changing hands in just a single day, which is over 175% of the entire The Sandbox market cap. Truly, The Sandbox is in great demand right now as this leading Web3 gaming token has unveiled a raft of partnerships and innovative developments lately.

Theta Network ($THETA) Breaks Through $3 With Ease

Theta Network is up 3% to reach $3.06, having seemingly flipped the $3 level to support in recent days. This is incredibly bullish for Theta Network, which has seen over 54% added to its market cap in just one week. Zooming out even further, the monthly Theta Network candle is one for the history books as it has gained over 188% in this time.

Nothing goes up forever, however, and Theta Network may well be overdue a pullback in the days ahead. Theta Network support looks good at $2.70, while there will likely be further selling ahead at $3.15. Theta Network traders should set their stop losses appropriately, although the Theta Network trend looks hugely positive and Theta Network should reach its yearly highs of $3.50 in the weeks to come.

Rollblock ($RBLK) On Track To Dominate Gaming Industry With Transparent Offering

Rollblock ($RBLK) continues to race through its early-stage funding rounds, as a committed band of over 22,000 early adopters have poured in more than $6.8 million to this disruptive low-cap gem in just a few short months. Rollblock is changing the game for the traditional online gaming sector, offering a blockchain-based alternative for this $450 billion industry.

Rollblock houses all transactions securely on the Ethereum blockchain, meaning there can be no manipulation or bet fixing on the platform. A grand total of over 7000 cult classics are available for gamers to play, all powered by the latest in AI technology and featuring competitive PVP leaderboards and live modes.

The $RBLK token is set for crypto gaming dominance this year, thanks to its deflationary tokenomics that will see its overhanging supply trend lower consistently over time. Each week, a significant portion of Rollblock profits are spent back into buying up $RBLK on the open market, burning 60% of these purchases and allocating the rest to loyal community members who can enjoy generous staking rewards.

This burn mechanism has sent market analysts into a bullish frenzy, with many predicting astonishing 50x moves from the current level of $0.041.

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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