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Theta Network and Floki have faced significant price corrections in the past week. Both projects are resting on their respective support levels and if these were to fail, further decline is expected. Meanwhile, a low-cap underdog is steadily making progress: DeFi Casino Rollblock. Having already rallied 75% during its first few presale stages, analysts speculate that Rollblock could offer massive returns of up to 800% during its presale alone.
Floki is an Ethereum-based memecoin that has gained huge traction in 2024. Floki demonstrated incredible strength as it went on to reach a new all-time high while the rest of the market was caught in a downtrend. In the past few months, however, it's clear that Floki’s momentum is exhausted.
Currently, Floki sells at $0.0001569. Floki has seen a 11% drop over the last week and is down 46% from its all-time high.
Theta Network’s performance has been underwhelming over the last few months. Theta Network recently experienced a moderate rebound after the Bitcoin sell-off in early July during which Theta Network bounced back from the $1.18 support level with a 19% price increase.
Right now, Theta Network is priced at $1.41, but the mid-term forecasts remain bearish, as Theta Network is still moving in a descending channel. On the other hand, there has been a steep increase in trading volume, currently at $30 million, which could signify the beginning of a trend shift.
Rollblock is a community-driven crypto casino making waves with its unique DeFi-powered revenue-share model. By leveraging blockchain tech, Rollblock aims to solve the issues of lack of transparency, trust, and security in the casino market.
The platform is fully licensed and already generates revenue, with new active users being onboarded every day. The no-KYC policy removes unnecessary friction and ensures complete anonymity. Players can immediately enjoy one of the 150 games available, and sports betting is expected to be introduced soon.
Rollblock leaves the competition in the dust with its novel revenue-share mechanism powered by RBLK, the platform’s native token. Up to 30% of the casino's weekly revenue will be invested to purchase RBLK tokens. Half of this amount will be given back to holders who stake RBLK, offering some of the highest APY in the space. The remaining half will be burned, creating a deflationary environment that will allow for the sustained price growth of RBLK
Stage 4 of the presale is selling out fast, with more than $1.7 million raised in record time. Tokens are priced at $0.0175, and early buyers are already enjoying 75% gains. Experts believe RBLK could skyrocket by over 800% by the end of the eighth and final stage, making now the ideal time to make an investment.
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.
