The start of this year has seen a wave of dips across the altcoin market, with leading altcoins such as AVAX and DOT dropping over 10% in a brief spell. In addition to falling prices, DOT has also seen a significant dip of 10% in its market cap, which now stands just above $10 billion.
Avalanche’s AVAX is holding steady at a market cap of about $16 billion, which is also a 10% dip from its previous valuation. To inject excitement into the market, Avalanche has launched AvalancheAI, and the Avalanche Foundation has also bought back nearly 2 million AVAX.
Meanwhile, Rollblock’s RBLK is surging, with investors raising over $8.3 million in its ongoing presale. Rollblock is revolutionizing online gambling with its GambleFi protocol that boasts a generous revenue share model. Analysts anticipate an 800% multiple for RBLK before its launch.
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Rollblock’s RBLK presale gains momentum raising over $8.3 million
Rollblock’s market cap is rising as its RBLK presale gains momentum. Since the start of the presale, RBLK has surged over 250%, and its price is now changing hands at $0.0445. RBLK’s presale has raised over $8.3 million, and its agenda to establish a disruptive crypto casino is gaining ground.
While altcoin market caps get decimated, Rollblock is building the future of online gambling with its GambleFi protocol that has now disrupted a $450 billion online gambling niche. Most online casinos are run on outdated protocols that lack security and accountability.
Rollblock is changing the narrative through its integration of blockchain technology, where each transaction is registered on the ledger, and players can enjoy provably fair casino games. From table games to blackjack and even Mega Roulette, Rollblock boasts all of the most popular casino games and comes with a unique revenue share model for its RBLK holders.
There is also a staking program for RBLK holders offering gains as high as 30% APY. With the advent of online gambling and a plethora of meme coins coming to the scene, Rollblock’s crypto casino offers an alternative that has seen analysts anticipate an additional 880% uptick before the presale ends.
Avalanche holders buy the dip as AVAX rebounds at $38
The price of AVAX is rebounding after encountering a hard rejection around the $55 price mark. Previously, AVAX had surged from lows of $22 to the $50 range amid a bullish resurgence that saw the market cap of most altcoins surge.
However, AVAX’s ascent was short-lived, as seen by its 26% dip in the last 30 days. While AVAX is still up over 15% in the last year, the anticipated bull run has cooled off. AVAX has now established support at the $38 region. Could AVAX dip further?
DOT dips 29% as Polkadot holders set $20 target
Polkadot’s DOT has struggled to breach its $10 resistance region after the 2021 bull run that saw DOT surge all the way past $50. While traders are reportedly forecasting a price rebound to $20 in 2025, DOT whales are looking to new altcoins with low market caps. Polkadot still has a fair chance of recovering thanks to the utility of its parachain network. However, it remains to be seen whether DOT’s market cap will dip further.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
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