Although PayPal USD is experiencing growth due to Solana’s network, the SOL token is down in the crypto dumps for now. Amidst this uncertain sentiment, analysts are betting on Rollblock’s crypto-native casino to record 800% gains before the end of its presale.
PayPal USD (PYUSD) Nears the $1 Mark Again
PayPal’s USD-pegged stablecoin has been making strides ever since its launch on Solana’s network in May. Since PayPal USD is the only stablecoin that can be used via PayPal, the token has already surpassed $1B in market cap.
As PayPal USD becomes a popular choice for web3 dApps and external developers, the token’s price is expected to surge further. For now, PayPal’s USD has remained stable over the past 24 hours with a trading price of $0.9996. Considering the 58.12% uptick in PayPal USD’s 24-hour trading volume and the bullish signals on the daily chart, PayPal USD is set to breach its $1.0004 resistance trendline in the upcoming weeks.
Solana’s (SOL) Technical Indicators Hint at Bearish Dominance
Even though Solana remained resilient amidst Bitcoin’s recent Open Interest plunge, the token is beginning to see similar declines. With a 1.08% decline in the past 24 hours, Solana is now trading at $145.70.
On the daily chart, Solana is trading below its 50-, 100-, and 200-day exponential moving averages. As the RSI dips further on the SOL/USD 4-hour chart, analysts are warning against steeper declines in upcoming weeks. Since Solana has fallen below the nearest support trendline at $144.41, it needs to make a swift recovery to avoid crashing to $129.84 in Q4.
Rollblock (RBLK) Poised to Hit $20M Before Launch
Rollblock’s ($RBLK) Ethereum-backed crypto casino is ready to become the biggest gainer in the upcoming alt season with analysts projecting the utility token to raise $20M before its official launch. This explosive presale hype might be a well-known pattern in crypto, but Rollblock is taking things one step further by revolutionizing the $500 billion per annum global gambling industry. If this momentum keeps up, Rollblock investors can not only expect a huge ROI on launch day, but for several years to come.
The secret to Rollblock’s success is hidden in plain sight – a player-centric, no KYC, play-to-earn casino. With every transaction backed on Ethereum and completely traceable, Rollblock is effectively bringing trust and transparency back to online gambling. Since Rollblock is fully audited and licensed by Solid Proof and Gaming Curacao, the casino already hosts over 150 AI-powered games. Users can play a round of poker or try their luck on slots to win and accumulate more $RBLK for their portfolios.
Aside from gambling and winning, traders can also stake $RBLK to earn a weekly return. Every week, Rollblock reinvests 30% of its revenue into open market buybacks of RBLK and distributes half of these tokens to holders as staking rewards with the highest yield in the market. The remaining half of $RBLK are burned forever to limit the token’s supply and ensure that its price remains deflationary over time.
This week, Rollblock entered stage 6 of its explosive presale, with $RBLK selling at $0.024 each. As market experts project an 800% surge by the end of the presale, investors are rushing to get their hands on Rollblock before another price hike.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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