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The crypto bear market has stalled the upward momentum of major coins, including Bitcoin, Binance Coin (BNB), Cardano (ADA), and even Polkadot‘s DOT. After BTC dropped to its current price below $62,000, crypto news headlines were ablaze with FUD about the market’s future.

Amid all the noise, one promising altcoin proves naysayers wrong – Rollblock ($RBLK). The online gambling market is growing fast, and Rollblock is decentralizing this $450 billion gambling industry with an ingenious play-to-earn online casino. In its presale, analysts forecast a 100x outcome for $RBLK in 2024.  

Bitcoin’s decline sparks bear market fears

The entire crypto market showed mixed performance early Tuesday after a massive sell-off that saw Bitcoin‘s price shed about 5% of its value as its price dropped from about $65,000 to its current price of only $61,600. For most onlookers, BTC‘s drop marks the start of a crypto-wide bear market that could further see the pioneer crypto decline, given that Mt.Gox creditors are set to receive their crypto payouts from next month. 

In recent months, the purchase of 11 spot Bitcoin ETFs has generated significant bullish momentum, driving Bitcoin‘s price close to the $70,000 mark. However, BTC‘s momentum is waning. Plus there are clear bearish signals forming for the pioneer cryptocurrency with anticipation of further drops below $60,000. 

Binance’s BNB drops 4% amid market-wide FUD

In Binance news, BNB‘s trading volume has dropped 22% as its price moved sideways around the $580 mark, only to settle at $577. BNB‘s previous bullish momentum has so far waned as holders anticipate a possible consolidation as BNB‘s 100-hour simple moving average points to a short-term rising trend. 

According to market analysts, BNB could continue its sideways move around the currently established $578 zone, but an increase in bearish pressure could cause BNB to drop further down to $550 per BNB

Polkadot previous momentum stalls as volume drops 28%

Polkadot holders are already in the red after DOT registered a devastating 21.78 % drop from about $7.40 to its current price of $5.80. Despite accumulating some bullish momentum early in 2024, DOT’s price continued to struggle against bearish pressure as trading volume stalled.

In a world where crypto news is taking up all the attention around bullish meme coins and PolitiFi tokens, DOT has struggled to lure crypto investors and gain support for the development of its blockchain. Even though some onlookers speculate that Polkadot could be the future blockchain for ETFs, DOT‘s price continues to fall, with a registered 2.15% decline in the last week.

Cardano remains operational despite a DDoS attack.

Cardano has not been left out of the effects of the bear market. The prominent blockchain network made it across crypto news headlines, with sources reporting that Cardano had faced a Distributed Denial of Service (DDoS) attack. 

While reports of a DDoS attack on Cardano are alarming, the network continued to operate smoothly in a show of strength and resilience in its underlying architecture. Cardano‘s price however has not been smooth sailing. ADA registered a drop of over 15% over the past month after facing some resistance at the $0.5 mark. According to market analysts, ADA‘s bullish outcome will still be on the cards if Bitcoin hits $80,000. 

Rollblock unleashes the world’s first casino on the blockchain

Rollblock (RBLK) is the world’s first Casino backed Play-to-Earn token that seeks to close the gap between centralized and decentralized gaming. Offering users access to traditional table games, Rollblock’s transparency and trustworthiness are core values. Ensuring all transactions are secured using blockchain technology, whilst all transactions are traceable on the blockchain this makes it impossible to alter bets when placed and provides an additional layer of security. This level of transparency has seen Rollblock gain huge attention from investors across the marketplace who are looking for a safe and secure investment with huge upward potential.

Unlike other casinos Rollblock does not require users to complete a KYC when accessing their casino. To get started users simply connect their wallet or sign up with an email, these simple barriers of entry have seen a substantial increase in users which has in-turn led to an increase in investors purchasing their native $RBLK token. The native token, $RBLK, plays a significant role in the ecosystem, $RBLK serves as a reward for players’ activity whilst allowing holders to stake in the future for additional rewards. Alongside this Rollblock has implemented a revenue share feature which sees up to 30% of the casinos daily profit being used to; share profit amongst holders, purchase $RBLK back from the open market and burning it to further increase the $RBLK token value.

Currently in stage 3 of the presale, $RBLK is trading at just $0.014. With over 90 million tokens being sold in less than a month shows the project’s wide interest. With the price point being the lowest it will ever be, now is the best time to purchase $RBLK. As stated in the tokenomics, there is a fixed supply of 1 billion $RBLK with only 60% allocated to the presale. Due to this some analysts have projected that $RBLK could see over 800% rise in value before the end of the presale, making now the best time to buy the new upcoming altcoin.

As the native token of the platform built to accommodate the future of the online gaming and casino industry, $RBLK has been tipped to become the top DeFi token of 2024. In addition, the extensive utility, revenue share and opportunities for token holders give $RBLK greater room for growth. Analysts predict that $RBLK has all the necessary features to become a 100x token over the coming weeks, making now the best time to start to stack the Rollblock token!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino  

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