The Federal Reserve’s latest monetary policy decisions have sent shockwaves through the crypto market. This has caused trending cryptocurrencies such as Bitcoin, Solana and Ethereum to face downward pressure, to mitigate risk, investors are moving funds into undervalued projects.
Amid this broader market uncertainty, Rollblock (RBLK) has maintained stability while established cryptocurrencies struggle to find their footing. This divergence highlights the growing appeal of low-cap crypto gems with proven utility that can provide a safe haven in periods of heightened volatility. Let’s explore why Rollblock could be the hottest crypto set to explode as the bull market enters its most euphoric phase!
Rollblock Is Poised To Disrupt The Online Gaming Industry
Rollblock’s innovative approach blends DeFi capabilities with traditional gaming, making it a standout contender in the crypto gaming scene.
Its groundbreaking GambleFi ecosystem is already live, featuring a massive collection of over 12,000 games and over 50,000 users have already joined. Players can enjoy classics like blackjack and roulette, as well as exciting new AI-driven games. Sports enthusiasts are also catered to with a sports betting platform that allows dynamic betting on the hottest events and tournaments across all major leagues, including NFL, NBA, and UEFA.
Rollblock secured a license from Anjouan Gaming, and its smart contracts have been thoroughly audited by Solid Proof, cementing its credibility and ensuring compliance with the highest regulatory standards.
Easily the hottest feature that sets Rollblock apart from competitors is the revenue-sharing mechanism, offering some of the highest APY in the market. The platform reinvests up to 30% of its weekly revenue into open market buybacks of the RBLK token. Of that amount, 40% is redistributed to token holders as staking rewards, while the remaining 60% is burned.
This approach not only drives scarcity and growth but also encourages long-term holding, allowing holders to benefit from both token appreciation and a passive income stream.
Bitcoin Corrects As $120k Support Gives In
Bitcoin (BTC) is in a cool-off phase after its summer run culminated at $124k, establishing a new all-time high. Right now, Bitcoin is trading at $117k, with little to no movement in terms of intraday price action. Bitcoin volume has also seen a significant 28% drop, with about $76 billion worth of BTC traded across exchanges in the last 24 hours.
Source: CoinMarketCap
Prominent trader and analyst Ted Pillows remains bullish on Bitcoin, as he points out that this retracement was necessary to fill out the CME gap on the Bitcoin crypto chart. This level is shaping up to become the springboard from which Bitcoin will rebound and resume its upward momentum.
Ethereum Eyes New ATH
Ethereum (ETH) has been on a roll over the last few months, rising from the $1,474 bottom that it tapped in April, all the way up to $4,776. This price point marked the weekly high, as Ethereum is currently selling for $4,390 and its gains over the past seven days amount to 4%.
However, on the macro level, Ethereum’s monthly RSI shows that ETH is entering the overbought level, and is currently sitting at 64 points. While there’s still room for growth, Ethereum holders should keep in mind that a local top could be approaching. With that being said, a surge toward the $5,000 milestone seems to be in the cards for Ethereum.
Source: CryptoWaves
Solana Faces Rejection Once Again, What’s Next?
Solana (SOL) is still lagging behind compared to other major altcoins, as every attempt for a breakout above $200 has been met by significant selling pressure. This resistance level appears to be a critical obstacle that Solana bulls must overcome for the momentum to continue, and possibly send Solana to new heights.
As of August 16, Solana is priced at $186 following a 4.3% decrease, but with slight monthly gains amounting to 2%. Solana’s volume has also taken a significant hit, and today it is down 46% with $7.8 billion changing hands. This comes as no surprise, as market participants are taking a step back amid the FED uncertainty and logging off en masse heading into the weekend.
Don’t Miss Out On The Rollblock Presale!
While Bitcoin, Ethereum, and Solana are setting the stage for a major comeback, Rollblock could be the better crypto moonshot, as it offers significantly higher returns given its much lower market cap and proven utility.
The RBLK presale is live and tokens are up for grabs for only $0.068. Analysts are expecting an 800% rally by the end of the presale phase and when taking into account all that Rollblock has to offer, it could very well become the next 100x crypto once the crypto bull run 2025 reaches its peak. The best time to get involved? Now!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
