It’s been another tough week to be a crypto investor. The Avalanche and Near Protocol prices have both lost significant value, causing some holders to lose thousands of dollars in investments.
Cryptocurrency prices have been volatile this week, with some tokens, such as Near Protocol (NEAR) and Avalanche (AVAX), experiencing significant losses. As a result, some holders have lost thousands of dollars in investments.
While these prominent projects are struggling to regain their momentum, a new player, Rollblock, is quietly emerging as a potential flight to safety. With its utility token, promising infrastructure, and innovative applications, Rollblock is poised to reach new heights.
Near Protocol price continues to drop despite strong fundamentals
The Near Protocol (NEAR) price has been on a downward trajectory recently, putting pressure on the project despite its strong fundamentals. Technological advancements, such as Near Protocol’s integration with Bitcoin via the Bitcoin Light Client, have not yet fully impacted NEAR’s price movements.
Earlier this month, the Near Protocol price surged following the announcement of its Bitcoin integration, boosting NEAR to cross the $7 mark. However, it has since faced resistance at $5.00, leading analysts to anticipate support around $4 that could strengthen the Near Protocol price further. A recovery in the following weeks will depend on breaking resistance at $5.00.
Avalanche price faces further pressure despite bullish technical indicators
The recent bearish trend has seen Avalanche (AVAX) experience continuous downward pressure over recent periods without being able to mount any significant recovery.
Despite some bullish signals — like a potential breakout above $25 in upcoming weeks — AVAX remains stuck below $21, failing to bring anticipated upward momentum into play. However, all hope may not be lost when considering future prospects surrounding AVAX. Historical patterns, combined with some detailed TA work, could lead to possible scenarios that might see prices rebounding back toward $100.
Rollblock is a new utility token with multiple uses
As NEAR and AVAX continue to experience losses, another token has been quietly gaining attention. Enter Rollblock, an up-and-coming project that is quickly emerging from the shadows thanks to the versatility of its utility token.
With Rollblock, investors not only get to be a part of an innovative blockchain ecosystem but can also benefit from owning their utility token in several ways.
One standout feature of the Rollblock platform is its integrated online casino, where the utility token can be used to play. Here, players can wager their tokens on various casino games and stand a chance to win, expanding their investment without any hassle.
Furthermore, simply HODLing Rollblock’s utility token has its own advantages. Token holders are entitled to a share of the profits generated by the online casino, creating a passive income stream for investors. This setup benefits investors by allowing them to passively reap the rewards of the Rollblock platform’s growth and success without having to actively trade.
This simple yet successful structure makes Rollblock’s utility token attractive to both active users of the platform and those seeking a stable passive income.
As other projects like NEAR and AVAX struggle to keep up, Rollblock presents an exciting opportunity for investors to join a promising platform with an attractive and diverse utility token from which they can benefit directly and indirectly.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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