A new presale has become a safe haven for Pepe and Bitcoin investors who are running away from the bear market. The new entrant called Rollblock has given investors 40% return on their investment to date and could do more in the coming weeks. Analysts have tagged Rollblock as the best cryptocurrency to buy because of its connection to the $450 billion GambleFi market.
The third largest memecoin by market cap, Pepe (PEPE), is currently at the mercy of bears. Its price has dropped by 15.8% on the weekly chart after large selling pressure by whales. Data from Whale Alert reveals that a whale recently dropped 1.15 trillion PEPE. This dump had to have played a role in the bearish pressure that was seen in the memecoin.
On the flip side, the number of Pepe holders has been on the rise in the last week, as can be seen from the tweets by Plazma0x. From 241k on June 9th, it increased to 245k on June 17th, meaning that investors are still acquiring Pepe Coin. The worth of the meme coin can increase in the next several weeks if there is a shift to a positive direction in the market.
Bitcoin (BTC) has been on a downtrend since the beginning of June. Data from CoinMarketCap shows that its value has dropped from $70k to the $60k region. Despite the price drop, Rekt Capital says a price reversal is on the way. Another analyst Crypto Rover also has a positive outlook and expects BTC to climb back up to $80k in the coming months.
Presently, the Bitcoin price has very strong support at $63-64.5K which might stop bears from causing more damage. If this level holds, then, the value of Bitcoin could return to $70k and then climb to $80k. On the flip side, a bearish move might pull the best cryptocurrency down to the $50k area.
While many cryptocurrencies are currently trading in the red region, Rollblock (RBLK) is in the green with gains of 40%. Analysts expect it to rise 10x in the coming months and with this, Rollblock is a good crypto to buy at the moment. One factor that makes Rollblock a good project is that it mixes the best of centralized and decentralized online casino gambling together.
The Rollblock platform gives gamblers a chance to experience fairness and fast transactions, privacy and the highest level of security. The project presents more than 150 games and new games are added to the list from time to time. Players can pick any game of their choice, win and withdraw their winnings at any time.
Also, Rollblock has a unique revenue sharing mechanism which makes it different from competitors. Rollblock will buy RBLK from the open market and use half as staking incentives for those who staked their RBLK coins. The other 50% is burnt to reduce the token's circulating supply, making the RBLK token deflationary.
While its cryptocurrency ICO is still ongoing, Rollblock has launched a $20k giveaway for those who want to win big during the ongoing EURO 2024 football competition. There are lots of prizes to be won for those who can give accurate predictions.
While the prices of Bitcoin and Pepe are plummeting, Rollblock is preparing for another massive price surge. The cryptocurrency is trading at $0.014 and is expected to climb to $0.14 in the next few weeks. Those who buy Rollblock now will see a 10x surge in their investment, making it a great crypto to buy.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.