Looking at the BTC Price and current market conditions, one would be forgiven for thinking it is a bear market, but nothing could be further from the truth. While some Solana meme coins took a pounding and Akash Network is losing all its gains, it’s just the market reacting to natural market forces and strong hands forcing out the weaker ones. Solana meme coin investors and Akash network holders are now looking towards a greener future with the new Rollblock presale, set to explode 100x upon release.

Bitcoin (BTC): BTC Price Hammered on German Coin Dump

Supply and demand are universal laws to govern prices, and when Germany decided to dump almost 30,000 confiscated Bitcoin on open markets, the supply influx put extreme downward pressure on the Bitcoin price, slowing down the bulls and sparking fears of a bear market. However, this created a massive “buy low” opportunity, and crypto whales have scooped up enormous amounts of Bitcoin at bargain basement prices. 

And it is not over yet. On-chain analysis shows that Germany still has several thousand Bitcoin left, meaning that the BTC price could still be under a lot of pressure. This is an extraordinary event and does not make for a bear market. Apart from a few exceptions like Akash Network and some Solana meme coins, the market, including Bitcoin, is generally on an upward trend.

Akash Network (AKT): Spike-And-Plunge Cycle Sends Investors Reeling

The last 18 months have been especially kind to Akash Network, the cloud computing giant. From January 2023 until March this year, Akash Network returned a 30x return – not a bad yield by any metric. But it seems the party is over for Aksh Network, as it has lost nearly half its value, and the trendline is not slowing down.  

There is no reason for Akash Network to be slowing down, but there is also no reason why it should have sped up, either. The current losses are indicative of the market correcting after an asset got oversold, and Akash Network investors are dumping their holdings for offers that can bring in substantial profits.

Rollblock (RBLK): Investor Interest Sees Presale Blowout!

Investing is all about making money, and while the German government keeps the BTC price artificially low, some investors opt to go into the prime investment driver on the market: presales! This is where coins are priced as low as they will ever go, and this is where Rollblock is right now: in the third phase of its ongoing presale.

Rollblock recently exceeded a million dollars raised, and the reason for this is no mystery. Rollblock is the retail investor’s chance to get in on the half-a-trillion-dollar gambling industry. No longer is gambling profits only for the Las Vegas moguls and the Monte Carlo billionaires; Rollblock brings a slice of iGaming and GambleFi revenue to all its token holders. 

This is the main attraction on an already loaded menu:  Rollblock is not just about the appreciating price of the tokens,  as they are hard-capped and further limited by token burns. Rollblock pays out the profits from the platform to their token holders on a weekly basis, making Rollblock an income-bearing asset. 

With over 150 games to choose from and no KYC, Rollblock is piling on users, and those who get in early on the Rollblock presale stand to benefit the most from this fantastic presale offer.

Conclusion:

Despite the BTC price being too low for comfort and Akash network and Solana meme coins losing ground, we are not in bear market conditions. Profits are still there to be made in Bitcoin, and this holds double for the Rollblock presale. RBLK tokens are now available during the third phase of presale for only $0.015 directly from their website.

Get in on the early action of the Rollblock ($RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino