Investors are treading carefully as turbulence intensifies in the crypto market. During this turbulence, Hedera Hashgraph and Internet Computer’s price action has been marked by steep declines. Analysts now advise rotating profit in projects showing resilience in this adverse climate, one of which is crypto casino Rollblock.
Hedera Hashgraph Retesting August Crash Lows
Right now Hedera Hashgraph is priced at $ 0.0501 with a 15% drop in the last month. Hedera is moving just below the $0.053 mark, a key psychological support. If this level is not reclaimed soon, a further decline could follow.
In Q2, Hedera Hashgraph recorded a 46% increase in daily transactions, for a total of 132 million. This shows that Hedera Hashgraph’s user activity and adoption are growing steadily despite the underwhelming price performance of the last few months.
Hedera Hashgraph’s market cap hovers around $1.79 billion, and it occupies 42nd place on the crypto rankings. However, analysts fear it could drop out of the top 50 should further declines continue.
Internet Computer Retesting Crucial Support
Internet Computer seems to have finally bottomed at $7.36 after a 15% decline from the $8.80 local high. Since the start of the March 2024 correction, Internet Computer has experienced a sustained downtrend. Analysts expect Internet Computer’s ranging action to continue throughout September.
In October, Internet Computer is set to release an important upgrade that will optimize and simplify the development and deployment of smart contracts (nicknamed canisters) on the Internet Computer blockchain. This could lead to several Internet Computer price increases, potentially taking it to $10 in Q4.
Bullish Rollblock Investors: 100x The Bare Minimum
Community-backed crypto casino Rollblock is set to make waves both in the online gambling industry and the altcoin market thanks to its innovative framework and passive income model.
Rollblock tackles many problems in the online casino sector that have been undermining user trust for years. By leveraging Ethereum’s established blockchain security measures, Rollblock ensures transparency and safety for the rapidly growing number of players. Thanks to the no-KYC policy, all this is done without sacrificing privacy.
Removing unnecessary friction has allowed Rollblock’s community to explode, with 12,000 active users and hundreds more signing up every day. 150 games await players who can access the platform just by connecting their wallets.
Rollblock also boasts a unique revenue-sharing mechanism that rewards holders with recurring rewards for staking the RBLK token while simultaneously reducing the total supply. Up to 30% of Rollblock’s revenue is used each week to repurchase $RBLK tokens from the open market. Half of this amount goes towards the community in staking rewards, and the rest is burned, which promotes continuous price growth.
Analysts expect Rollblock to soar by at least 100x in 2025 as the GambleFi narrative ramps up.
Given that the current price is only $0.024, today is the perfect time to get involved!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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