- December 20, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Sui has entered a consolidation phase after reaching a record high price level earlier this week. Meanwhile, Solana is experiencing strong bearish pressure as the token fails to regain its upward momentum. Amidst this sentiment, analysts believe Rollblock’s viral new altcoin could outshine both SOL and SUI with a massive 100x rally in early 2025.
Rollblock (RBLK) Experiences Whale Activity Before Highly Anticipated Token Launch
Rollblock’s presale has already raised more than $7.34 million which reflects the platform’s massive demand. Since Rollblock is getting closer to its official token launch on the open market, analysts are pointing out increased whale activity for the platform’s native $RBLK.
This whale movement is all thanks to Rollblock’s innovative strategy to combine the $500 billion per annum global gaming market with the $3.1 trillion crypto industry. If Rollblock continues to experience high buying activity, analysts are already predicting a total of 880% gains for early RBLK holders before the end of its presale. For now, $RBLK tokens are selling for just $0.0415 each which is the lowest price it will ever be.
Rollblock has also announced a new sports feature for its viral GameFi ecosystem. With this new feature, Rollblock users will be able to place high stakes games on international sports leagues such as the NBA, NFL, UFC, La Liga, MMA and more. Even before this big upgrade, Rollblock already offers 7000+ AI-powered games on its massive ecosystem. Since the gaming library includes both cult classics and newer Web3-based games, Rollblock is attracting a variety of high rollers and savvy traders to its innovative project.
Another reason why Rollblock is experiencing high whale activity is the platform’s ingenious revenue sharing model. At the end of every week, Rollblock uses 30% of its revenue to purchase $RBLK tokens on the open market. While 40% of these tokens are distributed amongst current token holders as staking rewards, the other 60% are burned forever to keep Rollblock’s circulating supply low. With these deflationary tokenomics, it is no surprise that RBLK is already poised to experience a massive 100x rally on its official launch day.
Sui (SUI) Enters Consolidation Period After Recording New All-Time High Price
Sui’s price reached a record high at $4.93 earlier this week after Bitcoin surpassed the critical $100K milestone. Aside from Bitcoin’s growth, Sui’s recent rally was also driven by the platform’s strategic partnership with China’s Ant Digital. Since Sui’s new venture is focused on tokenizing real-world assets (RWAs) in the environmental, social and governance sector, analysts expect Sui’s price to experience another bullish wave after consolidating its losses.
Sui is currently trading for $4.59 after an intraday decrease of 2.00%. Despite this sudden decline, Sui still has considerable community support as the token’s market sentiment is 84% bullish. Sui’s technical indicators such as the RSI and MACD indicators also confirm the bullish thesis. If Sui rises towards its ATH level again, Sui’s price could enter a discovery towards the $7.40 resistance.
Solana (SOL) Struggles to Fight Bearish Pressure
Solana’s price reached an all-time high at $264 on November 23 but failed to enter a price discovery phase. Since Solana has been on a clear downtrend for the past 25 days, analysts are beginning to lose confidence in Solana’s recovery. Despite Solana’s extremely bearish outlook in the short term, the token’s long-term analysis is showing signs of an explosive rally.
Since Solana has been forming several lower highs and lower lows, analysts expect Solana to repeat a fractal bull flag pattern from January 2024. Although the January rally resulted in a triple-digit rally in Solana’s price, analysts are only predicting Solana’s price to reach the $300 mark this time. At the time of writing, Solana was trading for $216.28 after another intraday decrease of 4.26%.
Rollblock to Outperform Solana and Sui in Early 2025
While Sui consolidates its losses and Solana struggles to fight the bearish pressure, savvy traders are jumping ship to Rollblock’s viral presale. Since Rollblock is expected to rally by a total of 880% before the end of its presale stages, now is the ideal time to invest in $RBLK before the price skyrockets in early 2025.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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