As the market-wide correction intensifies, BNB and Bitcoin have seen significant price declines. Although the current picture is anything but rosy, diamond-handed holders remain optimistic. In other news, DeFi casino Rollblock has almost crossed $2 million during the ongoing presale.
BNB Seems To Have Found Its Bottom
BNB has performed fairly well in the last few months, while most altcoins saw more than half of their value wiped out. Currently, BNB sits at $457, with a 9.2% correction in the past 24 hours. Since reaching a yearly peak of $710 in March, the total loss for BNB amounts to 35%.Â
The good news is that the bottom seems to be in for BNB, although corrections tend to be steeper than most people expect. Analysts, however, remain bullish in their $1000 forecast, with BNB recently reclaiming the 4th place on the crypto rankings.
Bitcoin Below $50k For The First Time In 6 Months
After a rejection at the $69k resistance level, Bitcoin ranged for about a week around the $64 mark. A barrage of sell-offs sent Bitcoin’s price spiraling towards $50k, with a 20% drop in the last few days.Â
At the time of writing Bitcoin sells for $53k. Bitcoin experienced a decent rebound from the $49K level which marked the immediate bottom. Analysts however think that Bitcoin is in for more turbulence as bearish catalysts have started piling up in the past week, with the Japanese Yen crash and increasing turmoil in the Middle East.
Stage 5 Of The Rollblock Presale Begins Now
Crypto casino Rollblock is ready to take over the $450 billion gambling industry by merging centralized and decentralized gambling. Using blockchain technology, the casino ensures transparent and secure transactions, removing any possibility of altering bets once they are placed. To enhance anonymity, Rollblock requires no KYC verification. All that users need to do is connect their wallet and start playing one of the 150 games available, with sports betting expected to be added soon.
Rollblock sets itself apart from the competition offering a unique revenue-sharing model powered by the casino’s native token, RBLK. Rollblock reinvests up to 30% of the weekly revenue to buy back RBLK. Half of this amount is burned, continuously reducing the total supply of RBLK which will prime the token for sustained price growth. The other half will be given back to users as staking rewards, creating a passive income stream with one of the highest APYs on the market.
Stage 5 of the presale is live and nearly $2 million have been raised so far. Currently, RBLK tokens sell for $0.02, and a 800% increase is expected by the end of the eighth and final stage.Â
As the GambleFi narrative gains traction, a 100x surge in 2025 could be in the cards for Rollblock!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasinoÂ
Subscribe to our daily newsletter!
No spam, no lies, only insights. You can unsubscribe at any time.