Toncoin (TON) Crashes After Telegram Founder's Arrest, Rollblock (RBLK) Presale Headed Towards $3M Milestone

Toncoin (TON) has been on a downward trajectory ever since Telegram's founder was arrested, and investors are ready to jump ship to better-performing tokens.

Legal troubles seem to be piling up for Telegram as its founder was arrested at a French airport over the weekend. This news has had a direct impact on Toncoin’s (TON) price, which has crashed by nearly 19% in two days. At the same time, XRP (XRP) is also facing bearish pressure, while Rollblock (RBLK) is nearing the $3M milestone with over 10,000 early subscribers on its crypto-native casino.

Toncoin Suffers Price Crash as Telegram CEO Arrested

According to French authorities, Telegram facilitates criminal activity which led to the arrest of Telegram’s CEO, Pavel Durov, at a French airport over the weekend. Despite Telegram’s claims that they fully comply with EU laws, this news has had a drastic impact on Toncoin’s price.

In two days, Toncoin’s price has crashed by nearly 19%, bringing the token down to $5.57 at the moment. This sell-off has pushed Toncoin below all its moving averages on the daily chart, hinting at strong bearish pressure. Both the MACD and Momentum Indicator are also flashing sell signals.

Since Toncoin breached the pivot at $5.67 today, the token is likely to plunge to $4.93 and $4.19 in upcoming weeks. However, if Toncoin manages to stay above the support at $5.33, we might see a slight recovery towards the pivot that could be used as a sell-off point.

XRP Price Drops Despite Slight Weekly Gains

After posting a weekly gain of 2.15%, XRP investors might have had a glimmer of hope, but today’s intra-day plunge of 2.62% is changing everything. XRP’s price is currently down to $0.5894 which is nearly 85% down from its all-time high of $3.84.

However, XRP’s price chart is signaling a massive sell-off. On the daily chart, XRP went from trading above its moving averages to flashing sell signals on the 2-hour chart. XRP’s RSI has also dropped to 32 which hints at bearish pressure.

The MACD and Momentum Indicator are also hinting at bearish dominance on XRP’s 2-hour chart. If XRP continues to face selling pressure, the token might drop to $0.56 and $0.51 in the next few days.

Rollblock Nears $3M Milestone with Crypto-Native Casino

While Toncoin is deep in the crypto depths and XRP is still trying to recover from bearish pressure, savvy investors are turning to Rollblock (RBLK) and its viral crypto-native casino.

This new Web3-based gambling platform is making waves across the market, with analysts projecting Rollblock to become the next 100x crypto by the end of the year. Within 3 months of its launch, Rollblock’s price has rallied by a massive 120% – all thanks to the platform’s innovative features.

Unlike traditional casinos, Rollblock combines aspects of decentralized and centralized gambling on the Ethereum blockchain. Not only does this make Rollblock’s casino secure, but it also allows traders to maintain their anonymity as they gamble online.

Aside from encrypting every bet and transaction on the Ethereum blockchain, Rollblock also boasts a no-KYC policy that makes the signup process a breeze. New players can sign up by linking their crypto wallets and gain instant access to Rollblock’s huge selection of 150+ AI-powered casino games.

On Rollblock, traders can either play casino games to win more $RBLK as payouts, or they can stake the token to earn a passive income. Every week, Rollblock allocates 30% of its casino revenue to purchase $RBLK on the open market and distributes these amongst current holders as staking rewards with the highest APY in the market.

Considering the utility and scalability of Rollblock, the current selling price of $0.022 is a huge steal. Rollblock’s GambleFi protocol is set to hit the $3M milestone before the end of presale stage 5, and analysts expect another huge price hike within the next two weeks.

The above is the detailed content of Toncoin (TON) Crashes After Telegram Founder's Arrest, Rollblock (RBLK) Presale Headed Towards $3M Milestone. For more information, please follow other related articles on the PHP Chinese website!