
The general market correction has caused a dip in major crypto prices. Altcoins like Avalanche (AVAX), Stellar (XLM), Sui (SUI), and Shiba Inu (SHIB), have particularly been impacted, evident in their recent price drops. The AVAX price is down by about 9% in the past month, while the SUI price has dipped by around 11%.
Meanwhile, TRUMP and a new crypto called Rollblock (RBLK) have been increasing. The Rollblock presale recently crossed $9.6 million, and the crypto price is up by 13% from its previous stage. Let’s find out why Rollblock may be a good investment.
The Rollblock presale recently hit a new milestone after entering stage 10. The presale, crossing $9.6 million, shows investors bullish sentiment around the new crypto. At stage 9, Rollblock was valued at $0.046, but it’s changing hands at $0.052 in the new presale stage. That’s a 13% jump in price within the past month.
However, the project’s features will set it apart in the iGaming industry. These include its blockchain-based online casino and sportsbook, which allow users to gamble using cryptocurrencies. These also eliminate challenges like rigged games, unfair house edge, and lack of transparency.
After reaching a local high of over $44 during the month, the AVAX price fell by over 8% not long after. The AVAX price dip saw it go as low as $33 as investors pulled away in search of other assets with potential. The AVAX market cap also dropped, showing that the bears are in control.
Additionally, AVAX broke below its pivotal resistance level of around $48, causing pessimistic sentiment among AVAX traders and investors.
XLM also crossed a new-year high of $0.5 in the past month, but it has seen its gains reduce to just over 20% within the same period. That’s because of the recent market correction in the broader crypto prices, which caused the XLM price to drop to around $0.4. That’s a 25% decline in the XLM price within 30 days.
However, XLM investors are hopeful that the crypto price will bounce back since it is still in the green zone.
The SUI price has also dropped by nearly 8% in the past month after initially breaking out into the green zone. SUI initially reached as high as $5.3 before the market turned bearish. Consequently, the SUI price fell to around $3.7, causing panic among some investors.
However, another category of SUI investors is bullish, as seen in its broader community with more optimistic members.
While meme coins like TRUMP are recording gains, SHIB has been on a decline. The SHIB price has dropped by over 16% as it faces increased competition from newer altcoins. Investors are shifting toward projects with shinier SHIB alternatives and cashing their SHIB holdings for meme coins with potential.
While top coins have been impacted by the general decline in the crypto market, RBLK has been on a constant rise across its presale stages. Now, at $0.052, investors have the opportunity to buy Rollblock at the best price before the subsequent price increase.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.