Sunday’s flash crash saw many cryptocurrencies experience steep declines as they plunged below key support levels, and investors are scooping up Solana (SOL) and Ripple (XRP) at discounted prices.
Meanwhile, Rollblock continues to turn heads with its innovative GambleFi platform which is poised to become the new industry standard in the online gaming space. 45,000 investors have already secured their allocation in the viral RBLK presale and this number is growing by the hundreds every day.
Rollblock’s Moon Mission Starts Now
By bridging the gap between DeFi and online gaming, Web3 protocol Rollblock brings the best of both worlds for a memorable Vegas-level experience. This means unparalleled ease of access and top-notch security measures powered by blockchain technology. The project offers a massive leap forward regarding safety and transparency, as each transaction is easily traceable and immune to tampering.
Individuals can immediately access the 7000-game catalog, offering unmatched variety and gaming options to the rapidly growing user base. On Rollblock, players will find all-time classics such as blackjack and poker, live games, and even brand-new AI-enhanced exclusives. The project has also released a sportsbook covering all major sporting events.
The groundbreaking revenue-sharing mechanism is one of Rollblock’s most intriguing and lucrative features, granting users some of the highest APY on the market. Rollblock will spend up to 30% of its weekly earnings to perform open-market buybacks of RBLK tokens. 60% of this amount will be burned, deflating the supply and priming RBLK for long-term price growth. The remaining 40% will be redistributed to the community as recurring staking rewards, allowing holders to simultaneously benefit from passive income and scarcity-driven appreciation.
Ripple Labs Locks 700 million XRP, While Price Dips Below $3.00
Ripple recently locked up 700 million XRP in a strategic move aimed at managing supply and stabilizing prices. Analysts suggest that by restricting circulation, Ripple’s actions could drive prices higher, with some predicting XRP could reach $4 by April if positive trends persist. Investors view this development as a potential catalyst for long-term price stability, reinforcing confidence in Ripple’s long-term vision.
Despite this effort, XRP saw a 16% intraday drop, forming a bottom around $2.38 as market turbulence intensified over the weekend. The loss of the $3.00 support led to a breakdown in Ripple’s price structure, as many investors rushed to cut their losses, intensifying selling pressure. On the macro level, Ripple’s trajectory remains bullish, although this sudden correction injected a considerable amount of uncertainty in its short-term price action.
Solana Bottoms Out Under $200, What’s Next?
Solana has been treading water for over a week as it struggled to reclaim and hold the $200 mark. While Solana managed to climb to the $230-$240 zone, these gains quickly evaporated over the weekend as market-wide sell-offs began. At press time, Solana was trading at $199, following an 11% daily decrease. Crypto analyst Bluntz has warned that Solana’s current chart patterns resemble those seen before its sharp decline in 2021, raising concerns about a potential reversal in Solana’s higher timeframe trend.
Other experts point out that this could be a “bear-trap”, a move designed to punish leveraged long traders and late shorters. This thesis is also corroborated by Coinalyze exchange data, showing that over the last 24 hours more than $500 million worth of Solana positions were liquidated, wiping out over $400 million in longs and $90 million in short.
Rollblock Presale Becomes Safe Haven
Many Ripple and Solana holders have been reallocating capital into the RBLK presale which is close to crossing the $10 million mark in raised funds. The argument for this is very simple, as Rollblock’s magnitudes lower market cap grants significantly greater room for growth, especially with the crypto gaming narrative set for a major comeback in the coming months.
Stage 10 of the presale is now live and RBLK tokens are selling for just $0.052. RBLK has been in up-only mode since launch as early buyers are already enjoying returns of over 400%, but in addition to this an 800% rally is expected by the end of the event meaning there is still time for investors to win big.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This articles is written by : Nermeen Nabil Khear Abdelmalak
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