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With Uniswap and Shiba Inu recording massive losses over the past 30 days, investors are ready to move to better performing tokens. Given Rollblock’s massive success, there’s no denying that this presale could end up being the biggest DeFi token by the end of 2024, with thousands of altcoin investors buying into the project every day.
Uniswap (UNI) Bears and Bulls Engage in Battle
Uniswap price has been on a downtrend since July, recording losses of around 24% in the last 30 days. Uniswap is currently trading at $6.08 after another intraday drop of 4.36%. Although Uniswap is still in the top 50 cryptocurrencies, it is rapidly losing market cap, indicating a decline in investor confidence.
Currently, the daily chart of the UNI/USD pair is painting a mixed picture. While Uniswap is trading below its 50, 100 and 200-day EMAs, its MACD level is sending a buy signal. If selling pressure increases, Uniswap could drop to $5.072 in the coming weeks.
Shiba Inu (SHIB) is under strong bearish pressure.
Shiba Inu may be one of the most popular coins, but its price has seen a massive downtrend recently. Shiba Inu is currently trading at $0.00001315 after a 2.71% intraday drop. With Shiba Inu’s 24-hour trading volume up by around 50%, the token could be headed into a bearish zone.
As Shiba Inu’s RSI remains in the lower neutral zone, investors may need to brace for further price declines before the trend reverses. Over the past 24 hours, Shiba Inu has fallen below the crucial support level at $0.00001233, indicating strong bearish pressure.
Rollblock (RBLK) Shocks DeFi Market With Successful Presale
Rollblock’s new GambleFi token (RBLK) has been a huge success over the past month. Since its presale launch, Rollblock has been making headlines for its strategic blend of decentralized and centralized gambling, allowing it to outperform established tokens like Uniswap and Shiba Inu.
After raising $2.2 million and attracting nearly 9,000 users, Rollblock is on the road to success. The global gambling industry is already worth $450 billion annually, and Rollblock is expected to capture a significant market share due to its huge selection of casino games coupled with blockchain-powered security.
At Rollblock Casino, new players can bypass all customer ID verification and sign up by linking their cryptocurrency wallet or email. Additionally, they can enjoy a worry-free gambling experience as every financial transaction and bet is automatically recorded on the Ethereum blockchain.
At the heart of Rollblock Casino is the platform’s native token, $RBLK. In addition to using RBLK for in-game payments, Rollblock ensures that RBLK has massive utility and scalability. Since the supply of the token is capped at one billion, the price of $RBLK is expected to rise dramatically as supply runs out and demand increases.
Rollblock’s profit sharing scheme is the real secret behind the platform’s success. Every week, Rollblock buys $RBLK from the open market and uses these tokens to receive staking rewards and burn tokens, making $RBLK deflationary.
$RBLK from Rollblock is being sold exclusively on the website at a low price of $0.021. As Rollblock gains traction, analysts expect the price to rise. 800% Before the end of the pre-sale stages!
Discover exciting Rollblock (RBLK) presale opportunities today!
Website: https://rollblockpresale.io/
