It has been a typically eventful week in the crypto markets, as Rollblock ($RBLK) sees huge investor inflows into its presale, sending price upwards yet again. Meanwhile JasmyCoin (JASMY) holders have been rewarded with a stellar price performance while Algorand (ALGO) has work to do to catch up with other coins.
JasmyCoin (JASMY) Token Lockup Sparks Rally
JasmyCoin (JASMY) recently began the process of locking up over 100 million JASMY coins, in a bullish move that is intended to reduce potential JasmyCoin sell pressure and remove the threat of early investors dumping their bags on new buyers.
JasmyCoin price is up over 10% over the last week to $0.027, and has overcome a key resistance level to signal a breakout. This has coincided with JasmyCoin’s strong average trading volume of $891m over the last 30 days, leading many to expect a bullish continuation from here. Experts believe that JasmyCoin could pass $0.30 and bullish analysts predict that JasmyCoin could go as high as $0.45.
Algorand (ALGO) CBDC Fears Frustrate Holders
Algorand (ALGO) has been underperforming recently and is currently languishing around the $0.15 level, as news has emerged that the Swedish Riksbank is considering the blockchain to host its unpopular CBDC trial. Investors are turning their backs on Algorand in droves.
Algorand is down nearly 14% in the last 3 months and further downside will send Algorand back down below $0.1. Overhead resistance will crush Algorand’s price if bulls attempt a breakout and investors should aim to hedge their ALGO bags to reduce their exposure.
Rollblock (RBLK) Crypto Casino Speeds Through Presale
Rollblock ($RBLK) has recently hit new highs as it accelerates rapidly through its presale funding rounds. RBLK is on a mission to bring trust and transparency back to online casino gaming, through the innovative use of Web3 technology. All financial transactions are inscribed into the immutable Ethereum Blockchain, so that gamers don’t need to trust a third party with their bets.
Rollblock is totally anonymous with no KYC checks and players can deposit over twenty popular cryptocurrencies such as Bitcoin or USDT. Players have access to over 150 games, from roulette to new launches like Zeppelin. Sports betting is also set to bring in massive revenue.
The native RBLK token is programmed to go up in price due to innovative tokenomics, including a revenue sharing scheme that will see millions of dollars of casino profits invested back into the token each week. RBLK supply will become deflationary over time as these coins are burned and distributed to stakers. As increasing demand meets dwindling supply, RBLK price will move violently upwards.
Experts are predicting that RBLK will pump up to 200x in 2024. Its price is currently just $0.017 and savvy investors are urged to get in on the ground floor and join the Rollblock revolution!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
