Solana did not experience any significant price action over the last seven days but Solana’s weekly chart is now forming a descending triangle pattern. Since this is typically considered a bearish continuation signal, Solana’s price is expected to experience steep declines in the upcoming weeks. Solana is currently trading for $146.33 after an intraday increase of 1.37%.
Solana’s buying pressure has remained low for the past few months which means investors are losing interest. Solana’s volume has also decreased by 24.17% over the last 24 hours, reflecting the low network activity on Solana’s network. If the downturn continues, Solana could plunge to the $128.07 support in upcoming weeks.
Shiba Inu (SHIB) Transaction Volume Surges by Nearly 50%Shiba Inu whales are injecting a huge wave of demand into the meme coin market as Shiba Inu’s large transaction volume surged to $66.61 million on October 11. After this massive 46.79% surge in Shiba Inu’s transaction volume, Shiba Inu’s price experienced a significant 7% increase.
However, Shiba Inu failed to sustain these gains as the token’s price fell into the red zone once again. Shiba Inu is currently trading for $0.00001797 after an intra-day decrease of 0.24%. Since Shiba Inu’s volume has also decreased by 16.26% over the last 24 hours, Shiba Inu’s whale rally seems to be reaching a disappointing end.
Rollblock (RBLK) Records Massive 210% Price Surge During Viral PresaleRollblock’s new GambleFi protocol has attracted a huge number of investors since the beginning of Q3. Since Rollblock is bringing the latest blockchain technology to the world of crypto gambling, analysts believe this new altcoin has what it takes to become the next 100x token by 2025. As Rollblock gains more bullish traction amidst Q4’s alt-season, analysts are tipping at massive 880% returns for RBLK investors before the end of its presale.
Instead of following in the footsteps of traditional iGambling platforms and offering only subpar security to users, Rollblock is revolutionizing the entire $500bn per annum global gambling market with its Ethereum-backed casino. With no KYC checks, encrypted bets, and transparent betting analytics, Rollblock is committed to bringing user trust back to the world of online gambling.
Even during its presale, Rollblock is offering a massive selection of 7,000+ AI-powered games that are all audited and regulated by Solid Proof and Gaming Curacao. Since the casino is already active, Rollblock is generating revenue with over 17,000 daily active users. These users can either place bets to win more RBLK tokens, or they can become long-term liquidity providers in Rollblock’s ecosystem to earn a weekly passive income.
Every week, Rollblock reinvests a huge portion of its casino revenue to purchase $RBLK at market price. Half of these tokens are distributed as staking rewards with up to 30% APY, and the remaining half are removed from circulation through Rollblock’s token burn mechanism. Due to these deflationary tokenomics, Rollblock’s price is expected to skyrocket as soon as it is launched across DEXs and CEXs in Q4.
For now, Rollblock’s native $RBLK is in stage 7 of its presale and tokens are available for a low price of only $0.031 each. Since Rollblock’s price has already rallied by an impressive 210% during presale, analysts are already anticipating the token to reach a new all-time high by mid-October.
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This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
