
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.
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