Two top crypto coins, Floki and Cardano, are trading in the red region due to the bearish sentiment in the crypto market. Both cryptos had seen gains a few weeks ago before bears took over this month.
Meanwhile, cryptocurrency whales have set their sights on a new crypto gem called Rollblock. Despite being a new leaf, the price of Rollblock has increased by 40% in the past week. Analysts have tagged it among the best altcoins to buy because they believe there are more profits on the way.
At the beginning of June, the price of Floki (FLOKI) attained a new all-time high of $0.000334, and was considered one of the best altcoins to buy. Even though there have been many activities, announcements and listings in recent weeks, the current price of Floki Inu has remained in the red zone.
From the data obtained from CoinMarketCap, it can be observed that there are losses in the weekly and monthly timeframes of Floki Inu. At the time of writing, Floki has been in a range around $0.0001 region and could go lower if bulls don’t wake up. TraderSteve believes Floki can perform a comeback and rise to $0.0006 in the coming months.
Over the past month, the value of Cardano (ADA), one of the top crypto coins in the market, has been on a steep decline. The price drop has also extended to the weekly price chart. Information from Coincodex shows that the altcoin is trading below the 50-day and 200-day SMAs which will act as tough resistance in the future.
In addition, most of Cardano’s technical analyses are in the bearish zone. CryptoBullet1 still believes in the cryptocurrency. They shared a chart that depicted a bullish trade pattern that forecasted that the price of Cardano could soar to as high as $1.40.
The latest altcoin that has caught the attention of everyone in the crypto community is Rollblock (RBLK). Its presale is selling fast and investors have bought millions of RBLK coins. Also, the project has welcomed 3000 new registered users and raised $758k. Both are signs that the Rollblock casino is a captivating platform.
Rollblock has more than 150 games in its online casino and supports more than twenty cryptocurrencies for deposit as well as withdrawal. Also, Rollblock employs the use of blockchain technology to ensure that the amblers place their bets and win real cash without going through rigorous KYC procedures. Another key feature of Rollblock is its revenue share model.
The project will distribute part of the income received to RBLK token holders who staked their tokens, so they will receive passive income. First of all, Rollblock repurchases the RBLK tokens from the market using up to 30% of its weekly revenue. These tokens are then split, with half of them burned to make them scarce and to strengthen the value.
The other half is used to reward RBLK token stakers. Meanwhile, Rollblock plans to add sports betting and other betting activities to make its platform more appealing for gamblers. This would also increase the revenue the platform makes and the amount that is shared with RBLK stakers.
Top crypto whales are ditching Cardano and Floki for Rollblock because of its features and potential for more gains in the coming weeks. They predict that the price of the altcoin will rise to $0.1 before the end of the year.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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