Algorand and Hedera Hashgraph are stalling as market turbulence is intensifying and uncertainty is growing. To mitigate risk, holders have been rotating funds into low-cap projects with untapped potential, such as DeFi casino Rollblock.
Algorand Downtrend Continues, No End In Sight
Algorand’s price action took a significant hit after the past few months’ series of sell-offs, which have affected the overall crypto market. Algorand is currently priced at $0.12, a 61% decrease from its $0.318 March peak.
Just two months ago Tether announced that it is halting the issuance of USDT on the Algorand blockchain, which caused uncertainty throughout the Algorand ecosystem. Algorand is currently trading below the 200-day MA, meaning that it is still in bearish territory. It remains unclear if Algorand will rebound anytime soon unless there’s a radical shift in the trajectory of the broader crypto market.
Hedera Hashgraph Back To 2023 Levels, Is It Over?
Hedera is another project that has experienced a steep decline in the past months. Hedera peaked at $0.15 in April, but Hedera’s momentum abruptly ended as the downturn deepened. Hedera currently sells for $0.05 with a 2% drop in the last 24 hours.
Hedera’s 24-hour volume data has been hovering around the $35 million mark for weeks as the price continued its freefall. Analysts agree that Hedera investors are better off looking elsewhere to make the most of the upcoming bull market.
Rollblock: A 100x Crypto In The Making
Thanks to its innovative casino platform, Rollblock could disrupt the online gambling industry, set to be valued at $750 billion by 2028. Rollblock runs on the Ethereum blockchain and aims to bridge the gap between DeFi and TradFi gambling.
The Rollblock casino doesn’t require KYC verification, enhancing user privacy and offering unparalleled ease of access. Individuals just need to connect their wallets to access the platform. Over 8,000 players are already enjoying the 150 games available, and sports betting will soon be added to the project’s extensive gaming portfolio.
Rollblock’s most lucrative aspect is the revenue-share model. Every week, the casino purchases RBLK tokens, using up to 30% of the generated revenue. Half of this amount gets burned, creating a series of supply shocks that will drive up the price of RBLK tokens over time. The other half is distributed to holders for partaking in special events or as staking rewards.
Stage 5 of the Rollblock presale is live, and RBLK sits at $0.021, an increase of 110% since launch. Experts agree that RBLK could skyrocket by 800% by the end of the presale alone. The final target is 100x by 2025, as crypto gaming is set for a major comeback. The best time to get involved is now, as the price is likely the lowest it will ever be!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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