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TRON (TRX) Skyrockets with Massive Intraday Gains as Meme Coin Projects Abandon Solana (SOL)

王林
Release: 2024-08-22 18:31:17
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By combining the best of decentralized and centralized gambling, Rollblock is capitalizing on its first-mover advantage to disrupt the $450 billion gambling industry.

TRON (TRX) Skyrockets with Massive Intraday Gains as Meme Coin Projects Abandon Solana (SOL)

Cryptocurrency analysis for the week shows that meme coin projects are abandoning Solana (SOL) and moving to other altcoins like Rollblock (RBLK), which is offering massive gains of up to 800% by the end of its presale stages.

After suffering heavy losses last week, Solana’s digital assets have experienced outflows of nearly $39 million. Meme coin trading has declined sharply, causing Solana’s price to fall to $142.90 today with another intra-day plunge of 0.92%.

While Solana’s weekly chart remains neutral, the SOL/USD daily chart indicates strong bearish momentum. SOL is currently trading below its 50-day and 100-day EMAs, but it manages to stay above its 200-day EMA, giving investors some hope.

If Solana drops to the nearest support at $130.46 in the upcoming weeks, it could face further declines towards the $89.29 support level.

On the other hand, TRON (TRX) has seen impressive intra-day gains of nearly 8%, reaching $0.1508 and surpassing Cardano (ADA), Avalanche (AVAX), and other large cryptocurrencies in market cap, now ranking 10th with $13.1 billion.

With a fast transaction speed and low fees, TRX is attracting attention and pulling meme coin projects away from Solana. On the TRX/USD daily chart, TRON is trading above all of its moving averages.

Moreover, the MACD and Ultimate Oscillator are both indicating strong buy signals, suggesting a potential for a significant TRON rally in the next few days.

Meanwhile, the market is turning towards altcoins with a newfound interest. One project that has sparked attention is Rollblock (RBLK), which is offering an exceptional opportunity with its presale.

By combining the best elements of decentralized and centralized gambling, Rollblock is capitalizing on a first-mover advantage to disrupt the massive $450 billion gambling industry.

Currently priced at $0.021 in stage 5 of its presale, RBLK has already seen incredible gains of 110% from its initial presale price of $0.01.

Moreover, Rollblock is playing a pivotal role in the gambling market thanks to its emphasis on trust and transparency.

Each financial transaction is recorded on the Ethereum blockchain, ensuring a gambling experience free of third-party manipulation or bet altering.

Additionally, Rollblock has removed all KYC checks from its platform, allowing players to sign up by simply linking their crypto wallet and depositing any of the 20 major cryptocurrencies accepted.

At the heart of Rollblock’s casino lies its native $RBLK utility token, which can also be staked for rewards.

Every week, Rollblock uses 30% of its casino revenue to either purchase $RBLK on the open market and distribute these tokens to current holders or burn them.

Aside from earning the highest APY in the market, Rollblock investors are also set to gain huge ROI with $RBLK’s deflationary tokenomics.

Since Rollblock’s supply is hard capped at 1 billion, $RBLK’s price is expected to skyrocket as demand runs out and the token is released across decentralized exchanges.

Until then, investors are advised to quickly secure their participation in this viral presale before it concludes!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://rollblockpresale.io/

Socials: https://linktr.ee/rollblockcasino

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