Throughout August the cryptocurrency markets have seen significant price fluctuations, with Bitcoin now consolidating around $60k. Meanwhile, Binance Coin and Shiba Inu have underperformed over the last week, while Rollblock ($RBLK) draws investors to its much-hyped pre-sale. Here’s why experts are calling for 100x gains in 2024!
Binance Coin (BNB) Struggling With Spike In Selling Pressure
Binance Coin (BNB) bounced impressively from $400 last week but has since failed to follow through on its bullish run. Binance coin is currently battling its 200-day moving average, sitting at $531.
Binance Coin holders find themselves down over 9% in the last 3 months, despite positive news from the SEC. The government agency has stood down from its accusations around the selling of unregistered securities. Binance Coin has seen strong gains from this news, and analysts believe that Binance Coin could hit a new all-time high during the next quarter. However, Binance Coin’s returns remain minimal for the foreseeable future.
Shiba Inu (SHIB) VISA On-Ramp Can’t Turn Price Action Around
Shiba Inu (SHIB) has seen its price fall over 21% in the last month to hit current levels around $0.00000138. This means that holders of Shiba Inu have lost over 45% of their portfolios since May, with many Shiba Inu holders choosing to sell.
Shiba Inu has recently seen massive profit taking from whales, and a recent token burn has done little to stem the bleeding. Nonetheless, Shiba Inu recently announced a partnership with Visa and MasterCard to enable on-ramping inside ShibaSwap and some analysts believe that Shiba Inu could surge as a result. In the meantime, newer coins with greater utility will undoubtedly outperform Shiba Inu.
Rollblock ($RBLK) Going For Gold With Incredible Presale Inflows
Rollblock ($RBLK) continues to dazzle the crypto scene with further whopping inflows to its rapidly growing presale. Over 9000 early investors have so far made an allocation, which has led to over $2.1 million being raised In only a few short months.
Investors are drawn to the incredible promise of Rollblock’s mission to bring trust and fairness back to the $450 billion gambling industry. By inscribing all bets on blockchain, there is no risk of bets being tampered with, and games can be proven to offer better odds than competitors.
Registration is totally KYC-free, as new users can simply connect their crypto wallet to get started. For a short time, Rollblock will match first-time deposits dollar for dollar, up to an incredible $500.
The RBLK token is set for growth of up to 100x this year, thanks to a unique revenue share scheme that will see the casino use its profits each week to buy and burn the token. This is set to reduce supply as demand goes parabolic, leading price to explode! Rollblock is currently in the fifth stage of its presale and with tokens selling out fast, the bargain $0.205 price point won’t last much longer!