Both Beam (BEAM) and ApeCoin (APE) have experienced significant volume spikes accompanied by price increases. This could mean that both projects are setting up for bullish trend shifts.Meanwhile, a newcomer in the GambleFi space is making waves with its viral presale. Let’s talk about Rollblock.
Beam Is Gearing Up For A Breakout
Beam (BEAM) has been moving in an ascending trendline since bottoming out in August at $0.011. As buying pressure has been intensifying over the last few weeks, Beam surged to $0.019 and is currently consolidating around this mark with a 14.8% weekly increase. In terms of volume, Beam boasts a 132% increase with over $52 million worth of BEAM traded over the last 24 hours.
This rise coincides with a surge in Beam’s future open interest. According to CoinGlass data, open interest in the futures market saw a three-month peak of $11.8 million. This is expected to supercharge Beam’s momentum and push the price above the $0.02 resistance.
ApeCoin Is Retesting A Higher Floor
After months of hovering just above the $0.56 bottom, Apecoin (APE) saw a sudden price surge that saw it explode by nearly 138% overnight. After establishing a local peak of $1.68, Apecoin retraced and is currently consolidating around the $1.10 mark, and it appears like a new floor is forming.
Apecoin’s rise was catalyzed by the release of Apechain last Sunday. The rollout of this network further expands the Bored Ape Yacht Club ecosystem by adding a wide array of new functionalities, including improved NFT minting, ApeCoin staking, and dApps. Although this became somewhat of a sell-the-news event, this is a welcome change of pace for ApeCoin that could lead to further price increases in the upcoming weeks.
Rollblock Is Spearheading The GambleFi Revolution
Community-backed casino Rollblock could bring significant disruption to the $500 billion gambling industry with its innovative framework. It aims for a blockchain-powered casino experience that also allows users to earn passive income via its unique revenue-sharing mechanism.
The platform is fully licensed, compliant with the latest gambling regulations and already generating substantial revenue. Over 20,000 players have joined the Rollblock ranks and are already enjoying the 7,000 games immediately available. These include classics such as poker and blackjack, and even newer, AI-powered titles.
To incentivize user engagement Rollblock spends up to 30% of its weekly revenue to purchase RBLK tokens. 60% of this amount is fed into a burn mechanism, reducing the total supply and allowing RBLK to rise sustainably as the cycle progresses. The remaining 40% is distributed to holders as recurring staking rewards.
Right now, RBLK is priced at just $0.0318, and more than $ 4.7 million has been raised in the ongoing presale.
As interest in GambleFi rises and listings on major exchanges are finalized, a 100x multiplier in 2025 is a plausible scenario, especially when taking into account all that Rollblock has to offer. This means that investors who take action today could see incredible returns when the bull market is in full swing. Don’t miss out!
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.
