The founder of TRON, Justin Sun, made news yesterday by making an appeal to the Chinese government and encouraging them to embrace Bitcoin. This is significant as China has always had a notoriously tough stance against cryptocurrencies in general. Meanwhile, in the GambleFi space, crypto casino Rollblock is gaining traction with its massively successful presale.
Bullish News For TRON, Finally Ready For A Breakout?
TRON has been trending upwards since recovering from the $0.11 bottom caused by the Bitcoin sell-off. TRON has tested the $0.14 resistance a few times, but the current market conditions are not playing out in its favor. Despite this, TRON is trending upwards and recently, Tether has announced a $1 billion USDT mint on the TRON blockchain which sent holders into a frenzy.
Currently, TRON’s price is $0.129. Analysts expect TRON to break its yearly high by q3 2024 and potentially soar above its 2017 all-time high in 2025.
Is Bitcoin Rejected At $69k, Drops By 7.25%
Bitcoin has regained momentum after the early July sell-off, going from the $54k bottom to attacking the $69k resistance level in a matter of weeks. A swift rejection followed and Bitcoin fell back to the $64k mark, an important psychological support.
Bitcoin is still moving above the 200-day moving average and its current trend is still considered bullish. If this line were to break, however, it could spell trouble for Bitcoin.
Rollblock Ready To Run It Up As Presale Nears $2 Million In Raised Funds
Rollblock is a community-backed crypto casino and is set to disrupt the $450 online gambling industry by bridging the gap between centralized and decentralized gambling.
The casino has a no-KYC policy, offering complete anonymity. All that users need to do is to connect their wallet to start playing one of the 150 games available, with sports betting expected to be added soon.
Thanks to the Rollblock revenue-share mechanism, users who stake the RBLK token will be rewarded with some of the highest APY on the market. On a weekly basis, the casino will reinvest up to 30% of the generated profits to purchase RBLK tokens. Half of this amount will be burned, reducing the total supply, which in turn will skyrocket the value of RBLK. The other half will be used as recurring staking rewards.
Currently, Stage 4 of the RBLK presale is wrapping up and the price is $0.0175 per token. By the end of the eighth and final stake, this number is expected to increase by 800%.
As the crypto gaming narrative starts gaining traction, and RBLK is available on major exchanges, analysts expect a 100x surge, and this could come sooner than expected. This means that buyers who capitalize early on this opportunity will see amazing returns!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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