With altcoin season underway, XRP whales are making strategic moves by accumulating Rollblock (RBLK), a growing Web3 iGaming project. Chainlink (LINK) is also looking strong and experts believe it could be on the verge of a rally. As a result, all three coins are gaining attention for their potential to outperform established cryptocurrencies in the upcoming bull run.
Rollblock (RBLK): A Fast-Rising Project in Crypto Gaming
Rollblock (RBLK) has been showing impressive movement in Q1. The project has raised over $10 million during its presale launch. Currently in stage 10 with a token price of just $0.052, the project is catching the attention of investors looking for strong growth potential.
The platform features over 7,000 classic games and recently added sports betting to its portfolio, offering a comprehensive gaming experience. The platform’s transactions are backed by the Ethereum blockchain which ensures transparency and trust by allowing users to verify every action and interaction. This makes bets immutable and impossible to alter once placed.
Rollblock’s tokenomics are another major draw. With a deflationary model, the platform buys back up to 30% of its revenue in RBLK tokens every week. 60% of these tokens are then burned, creating a deflationary supply spiral, while 40% of the revenue is reinvested into the community through staking rewards.
This model helps ensure that loyal RBLK holders benefit in the long run, and the limited supply could create significant upward pressure on the token’s price.
Chainlink (LINK) is Preparing for a Huge Jump
After holding steady in December, Chainlink began to experience a noticeable drop during the last week of January. In the last 10 days, Chainlink’s price has fallen to $20.14, marking a 17% decline.
Nonetheless, Chainlink has started to rebound. At the end оf January, LINK recovered tо $26.03, though bearish market conditions have triggered a crash to $16.93. This has caused some Chainlink investors to sell, though many bullish analysts are taking the opportunity to buy the Chainlink dip with hopes that its price will rebound.
XRP Faces a Dip but Could Be Preparing for a Rebound
XRP recently took a hit after breaking below its ascending trendline, which had been holding since early January. On Sunday, XRP fell by 10.35%, closing under the 50-day EMA at $2.60. By Monday, the price continued to drop, sitting at $2.25, down by 12.60%.
If the decline continues, XRP could fall below $2, with $1.96 being an important support level to watch, with technical indicators showing strong bearish momentum. The RSI is at 30, indicating that XRP is in oversold territory, often a sign of continued downward movement. However, if XRP can find support around the $2.25 level and start to recover, it could push back up toward the 50-day EMA at $2.60.
Rollblock is Gaining Momentum
Looking at these three coins, Rollblock (RBLK) is showing significant potential with its strong presale performance and first mover advantage. On the other hand, Chainlink and XRP face bearish pressure though experts believe they could rebound if it finds support. For investors, this could be a prime time to get on early on Rollblock at such a low price point.
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 and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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