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Algorand (ALGO) and Filecoin (FIL) Stumble While Rollblock Grows at Breakneck Speed

September 14, 2024 By Crypto Reporter PR

Algorand and Filecoin have recorded declines steep enough to lose investor interest over the past few weeks. Meanwhile, Rollblock’s presale has rallied 160% already, with analysts projecting 800% gains ahead of the token’s official launch.

Algorand (ALGO) Picks up Bullish Momentum on 4-Hour Chart

Algorand’s price rallied by 4.25% in the last 30 days, making analysts positive about the token’s future. Despite a minor intra-day plunge of 0.75%, Algorand’s current trading price is at $0.1254. With Algorand’s 24-hour trading volume also up by over 10% today, investors seem to be regaining interest in Algorand.

On the ALGO/USD 4-hour chart, Algorand is trading above its 50-day and 100-day exponential moving averages. Since Algorand’s RSI is at 50.31 right now, Algorand’s price may experience significant upticks in the upcoming weeks. If buying pressure rises, Algorand could test the upper resistance at $0.1522.

Filecoin (FIL) is Rapidly Losing Investors

Filecoin managed to gain traction by recording a 4.59% surge over the last seven days, but that momentum is a distant memory now. With a 7% decrease in volume, Filecoin is currently trading at $3.58.

Even Filecoin’s daily chart is currently flashing strong sell signals as the token’s current trading price is below the 50-, 100-, and 200-day EMAs. Despite Filecoin’s MACD line being above the signal line, Filecoin is failing to attract investors right now, If Filecoin’s downtrend continues, it may plunge to the $2.865 support. If buying pressure picks up, Filecoin may surge to the resistance at $4.303.

Rollblock ($RBLK) Skyrockets Through Presale After Rallying 160%

All the predictions about an upcoming altseason were true since Rollblock ($RBLK) has been soaring through its presale stages. Despite being a new GambleFi token, Rollblock has already rallied 160% from its initial presale price, making analysts project a total of 800% gains before the token’s official launch.

Rollblock’s strategy to bring fun and transparency back to the obsolete world of iGambling models is proving to be extremely effective. Within a few months, Rollblock’s presale has raised nearly $3.5 million with over 15,000 early investors already betting on Rollblock’s future potential. Since these investors also get instant access to Rollblock’s crypto-native casino, it is truly a win-win experience for them.

After being fully licensed and regulated by Solid Proof and Gaming Curaco, Rollblock hosts 150+ AI-powered games. This collection includes classics like roulette and slots but also new and exclusive web3-based editions like KENO and Racing. As the Rollblock ecosystem expands, the platform plans to add sports betting to its casino as well.

Aside from this state-of-the-art gambling experience, Rollblock also offers revenue-sharing rewards to long-term holders. By repurchasing $RBLK on the open market with its weekly casino revenue, Rollblock gives back to investors through staking rewards with 30% yield. While half of the repurchased tokens are distributed, the remaining are removed from Rollblock’s circulating supply to ensure the most deflationary tokenomics.

Currently in stage 6 of its presale, Rollblock’s $RBLK is selling at just $0.026 per token. However, considering the way Rollblock has made headlines throughout the past few weeks, analysts expect another huge price surge before the end of this week.

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

Website: https://rollblockpresale.io/

Socials: https://linktr.ee/rollblockcasino 

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: Press Releases Tagged With: Rollblock

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