Despite being historically strong projects, both Algorand and Aave have been struggling during the past few months. The market entered a cool-off period after it almost breached the resistance level of $3 trillion total crypto market cap. Shortly after, the prices of cryptocurrencies began to see steep corrections across the board.
Most of the majors have managed to reclaim significant levels on the chart, but overall price action remains lackluster. Investors have been getting increasingly impatient, with many Algorand and Aave holders rotating funds into RBLK, the native token of the crypto casino Rollblock. Rollblock recently crossed the $1 million mark in the presale of RBLK as interest is growing exponentially due to the unique DeFi features the casino offers and its commitment to innovation and transparency.
Algorand Rebounds 36% Despite Bearish Tether News
Algorand took a heavy hit during the March correction, plummeting by more than 60% and going from $0.31 to a $0.12 bottom. Buyers stepped in and the $0.15 level was reclaimed, but Algorand’s price is still far from its peak in spring and magnitudes lower than its 2021 bullrun all-time high of $2.35. Investors’ interest seems to be waning, despite Algorand being a technically sound platform.
Recently, Algorand has sparked controversy by releasing a video ad in which Bitcoin, Ethereum and Solana were critiqued for being obsolete and prone to failure. Unfortunately for Algorand, the ad did sit very well with the crypto community. The announcement by Tether that they will halt the issuance of USDT on the Algorand blockchain, also took a toll on the confidence of investors.
Aave Back To $100 After Resistance Turned Into Support
Aave has been moving in the $85 to $102 channel for a few months. After bottoming at $78, during the last Bitcoin correction, Aave’s price recovered fairly quickly with a 33% bounce. But the momentum was exhausted at the 104$ mark and Aave is still range-bound.
With Aave being one of the leading names in all things DeFi, investors can still expect a solid performance. According to some analysts, Aave is undervalued, as its current price is still much lower than the $631 peak in the 2021 bull run.
Rollblock Breaks New All-Time High Despite Climate Of Uncertainty
Showing impressive strength during the current downtrend, Rollblock is thriving. Its price saw a substantial increase in the last few days, reaching a new all-time high. Along with the price, investor interest is growing steadily, with thousands of investors joining the presale.
Rollblock is spearheading the crypto gambling revolution, integrating blockchain technology into its framework while taking transparency and security to a whole new level. This ensures that all transactions recorded are easily traceable and tamper-proof, removing the possibility of altering bets once placed. This is a breath of fresh air in the online gambling industry, which has been plagued by issues of transparency and user trust for years.
Unlike many other cryptocurrencies that hit the market without a working product, Rollblock did things the other way around, building its cutting-edge platform from the ground up. The casino is fully licensed and already generating revenue with thousands of active users. The no KYC policy allows users to keep their anonymity and begin playing immediately one of the 150+ games from ten different publishers, with sports betting to be added soon. All that players need to do is to connect their wallet or sign up via email.
The revenue share mechanism is the star feature of Rollblock, powering the entire ecosystem. Rollblock will spend up to 30% of its casino revenue to buy RBLK tokens on the open market. 50% of the tokens will be distributed to holders in the form of staking rewards. The other 50% will be burned, making RBLK a deflationary token. This supply shock will prime RBLK for explosive rallies in the following months, as analysts predict a potential 100x surge when the bull market is in full swing.
The RBLK presale is currently at stage 4 and by the end of the final stage the project could see a massive 800% increase. Right now, the price of a single RBLK token is $0.017, which is likely the lowest it will ever be. Early buyers are already enjoyng a 60% price increase and can expect further growth in the following weeks.
Keeping this in mind Rollblock seems to have what it takes to disrupt the $450 billion online gambling industry and become one of the strongest altcoins on the market, especially as the crypto gaming narrative is ramping up once again. This means that the best time to invest is now!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
