Kaspa is facing a massive sell out despite its recent ecosystem upgrades but Injective is expected to break out of its consolidation phase within the next few weeks. Meanwhile, Rollblock’s GambleFi project is all set to dominate the upcoming altseason with its innovative crypto-native casino.
Kaspa has recently announced its Generic SC which improves the significance of its KRC-20 ecosystem. Since Kaspa was already gaining traction with its KHeavyHash algorithm which enables efficient GPU and FPGA mining, analysts expected Kaspa’s price to skyrocket after these new announcements. However, Kaspa is still flashing sell signals on the KAS/USDT daily chart since Kaspa investors are selling out at rapid speed.
Kaspa is currently trading for $0.1073 after an intra-day decrease of 5.68%. Kaspa’s volume has jumped by 139.91% over the last 24 hours which suggests a profit-taking sentiment amongst investors. If this sell-off continues, Kaspa’s price is likely to crash to the $0.0749 support in the next few days.
Injective has been trading within a narrow range for the past few weeks as the token faced a consolidation after its Q2 rally. Since Injective has strong fundamentals and community backing, analysts believe Injective could breach the critical $24 resistance and trigger a massive rally in Q4’s bull market.
Injective is currently trading for $19.49 after an intra-day decrease of 2.96%. Injective’s volume has also decreased by 21.53% over the last 24 hours as the selling pressure cools down. As Injective’s RSI approaches the neutral level at 50, analysts believe Injective could experience a trend reversal in upcoming weeks.
Rollblock’s presale has experienced skyrocketing growth ever since its launch but analysts are now hinting at an even bigger 100x rally on the token’s official launch day. Since Rollblock has managed to hold its ground despite recent market crashes, analysts believe Rollblock’s new crypto-native casino has what it takes to dominate the upcoming Q4 altseason with a massive 880% rally.
The reason why Rollblock’s price has already surged by 220% during presale stages is the platform’s up-and-running casino. Since all the 7,000+ games on Rollblock’s casino are fully backed on Ethereum’s immutable blockchain, traders can enjoy the most provably fair and secure gambling experience ever. In the next few months, Rollblock is also adding a new sports betting feature to its casino that enables users to bet on sports games like the NFL, MMA, UFC, F1, La Liga, NBA, and more.
While Rollblock’s native RBLK token powers the entire GambleFi casino, it also offers long-term utility and passive income to holders. With Rollblock’s revenue-sharing model, the platform uses up to 30% of its weekly casino earnings to repurchase RBLK at market price. These tokens are then distributed into two categories: 40% are used as staking rewards with up to 30% APYs and the remaining 60% are burned forever to keep Rollblock’s price deflationary over time.
Even with these impressive features, Rollblock is still selling tokens for a low price of only $0.032 each during stage 7 of its presale. As Rollblock gets closer to its official launch day, analysts are hinting at more all-time highs for RBLK within the next few weeks.
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