The last week saw several huge developments throughout the crypto market. Injective Protocol announced a string of positive collaborations, while Shiba Inu price action continued to disappoint investors.
As we move into the second half of August, presale investors are lining up to buy Rollblock ($RBLK), a promising new play-to-earn token. Find out why experts are predicting massive 100x gains in 2024!
What you'll learn 👉
Injective Protocol Partnerships Set To Pump Price Over $20
Injective received bullish news recently as 21Shares announced details of its forthcoming Injective staking ETP. This exchange-traded product will give institutions access to the Injective ecosystem through traditional European brokerages and allow investors to benefit from staking rewards.
Injective also recently partnered with Toncoin to allow blockchain integration and enable the bridging of tokens between the chains. Injective’s price is reacting well to this flurry of positive news and is currently poised to retest $20.
Sustained buying pressure at this point could see a run towards resistance at $21.67, although holders should be ready for a dip to around $17.50 in the event of market weakness.
Shiba Inu (SHIB) Volume And Price in Free Fall
Interest in Shiba Inu (SHIB) appears to be slowing down, as its trading volume remains low and the SHIB price continues its descent under key support. Shiba Inu’s price is currently down over 26% this month and nearly 50% in the last 3 months.
Recent on-chain data has revealed that whales are taking profits and reducing their exposure to Shiba Inu. The volume of Shiba Inu tokens traded in the last 24 hours has decreased to a total of 888 billion SHIB tokens. This reduction in volume, combined with a recent death cross on the charts, signals that there is more downside for Shiba Inu holders ahead.
Rollblock ($RBLK) Hits The Premier League With Yet Another High
Rollblock ($RBLK) is taking its place amongst the hottest token launches of the year. Investor interest continues to grow as Rollblock’s price hits yet another new high. Over 9,000 investors have so far taken the plunge, and many have made over 110% already on their early purchases.
Rollblock is being tipped to disrupt the hugely lucrative $450 billion online gambling industry with its unique crypto-native approach to the sector. Rollblock records all financial transactions onto the Ethereum chain, removing any risk of bet tampering once bets are placed. The 150+ Casino classics on the site are AI-powered and can be proven to offer better odds than competitors’ platforms.
Rollblock has completely removed KYC checks. To get started users can simply connect a crypto wallet or use their email. For a short time, users can enjoy a 100% deposit bonus for first-time transfers of up to $500.
Thanks to its innovative revenue share scheme, the $RBLK token is set to become a cornerstone of crypto gaming portfolios. The casino will use up to 30% of its profits to buy back $RBLK each week. Half of these tokens will be burned and the remaining tokens will be used as staking rewards.
Investors can currently buy $RBLK for $0.021 during stage five of the Rollblock presale. With analysts anticipating 100x returns before the end of the year, now is the perfect time to get involved.
Discover the Exciting Opportunities of the Rollblock ($RBLK) Presale Today!
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