The crypto market has seen a significant shift over the past quarter. Major cryptocurrencies like Optimism and Fetch.ai have seen huge price declines, while new projects like Rollblock have soared. As investors lose confidence in Optimism and Fetch.ai going into the next bull run, many are doubling down on Rollblock, which has already delivered 75% returns for early adopters.
Optimism Is Losing Momentum
Optimism is experiencing a change in sentiment. Following a strong performance during the first half of the year, many investors believed that Optimism had the momentum to push to new highs. However, Optimism has been battling bearish momentum. Frustration is building with Optimism losing 12% of its value in the last week, causing it to drop to $1.59.
However, an upcoming event could change this. Optimism will host a chain-wide hackathon on July 31. Some analysts believe this can boost investor confidence in Optimism, increase user engagement, and create a price spike. However, Optimism’s price could also decline to $1.40 if bearish activity continues.
Fetch.ai Merger Backfires
Since Fetch.ai started the process of merging with the Artificial Superintelligence Alliance (ASI), its price has declined. Mergers usually boost confidence in a token, but in this case, Artificial Superintelligence Alliance (FET) entered a full-blown bear mode. One reason for the price decline is the reduced rates of Fetch.ai adoptions by new market participants. Fetch.ai’s trading volume is plummeting, with a 3.10% decrease in a 24-hour window between 29 and 30 July.
Fetch.ai’s price is $1.23, with a market cap of $3 billion. Currently, Fetch.ai’s price is 64.64% lower than its peak of $3.45 just four months ago. If the markets’ sentiment towards Artificial Superintelligence Alliance (FET) does not change, Fetch.ai’s price could decline and drop below $1.
Rollblock’s Community Reaches 6,000 Investors
Rollblock’s innovative crypto casino is ploughing ahead during its presale with a 75% price increase between stage one and its current stage four. The selling price at the moment is $0.0175 per coin and analysts believe returns could reach 800% before the presale is complete.
Rollblock is a GambleFi casino powered by blockchain technology, enabling it to safeguard payments and foster a safe gambling environment. The project offers over 150 game modes and eliminates mandatory KYC checks for a smooth user experience.
Payouts are made in the project’s $RBLK utility token. Holders of RBLK are eligible for staking rewards and can participate in the platform’s revenue-sharing system. As part of this system, Rollblock buys back $RBLK from the open market using up to 30% of its daily revenue. To make $RBLK deflationary, half of these tokens are burned and the remaining 50% are used for staking rewards.
The total supply of RBLK is capped at 1 billion, with 600 million dedicated to the presale. Analysts believe the price will balloon by 880% during the presale, making Rollblock’s current price of just $0.0175 a huge opportunity to make significant returns.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
