Ethereum and Rollblock Become Top Choices as Toncoin Exits the Top 10

The recent arrest of the founder of Toncoin has had repercussions on the cryptocurrency market, with the TON token bearing the brunt of the drop.

The recent arrest of Toncoin's founder has impacted the cryptocurrency market, with TON tokens facing the brunt of the market decline as investors are actively seeking refuge in secure long-term crypto investments like Ethereum and Rollblock.

While the fear and greed index indicates a neutral market, this article explores why these tokens are experiencing a high influx and why experts are optimistic about Rollblock, predicting an 880% increase during its presale.

Toncoin troubles lead to market sell-off

Following news of Pavel Durov’s arrest in Paris, Toncoin has led the market downturn, with investors speculating that it might even breach the support level at $5. Over the past week, TON has dropped by 23.48%, becoming the only cryptocurrency in the top 50 to record double-digit negatives.

Toncoin's decline is closely related to the allegations against Durov of Russia's involvement in illegal transactions, including the possession and distribution of child pornography Everyone is holding their breath as TON has lost 60.9% of its daily trading volume and dropped to 10th place in terms of market capitalization.

Despite a performance year-to-date that has seen Toncoin’s price rise from $1.46 to $8.24, technical indicators overwhelmingly suggest a strong sell, with 83% of investors now sitting on heavy losses.

Ethereum acts as a safe haven during market volatility

Largely due to its groundbreaking smart contract functionality and widespread adoption across industries, Ethereum has managed to maintain the second position in market capitalization Throughout this period, the price of Ethereum has soared, increasing by over 62.66% in the last year.

At the time of writing, Ethereum continues to trade above its 200 day SMA, with its RSI at 43.85. Market sentiment for Ethereum is currently 55 on the fear and greed index, indicating greed.

However, the altcoin has not been able to regain its peak value since November 2021, and market experts are predicting that Ethereum’s price could see a significant correction in the coming weeks, ideally to prepare for the next bull market.

When in doubt, choose Rollblock

As the market continues to experience turbulence, Rollblock has become a buzzword for eager investors, emerging as a safe and viable option for those looking to secure their long-term crypto investments.

At the intersection of a $2.6 trillion cryptocurrency market and a 540 billion dollar gaming industry, Rollblock’s unique appeal lies in its innovative use of blockchain technology to ensure complete transparency and fairness in online gaming. Unlike traditional casinos, where trust issues often arise, Rollblock’s provably fair gaming system guarantees that every transaction is immutable.

This presale has reached stage 5, which could see an 800% increase from the current price of $0.022 at launch. Beyond the gains, Rollblock has positioned itself in a prime spot among the best cryptos to invest in now, given its strong roadmap and community-oriented approach.

Moreover, the platform revenue sharing from the casino’s symbolic profits creates a significant and sustainable stream of passive income for its token holders. The value of this token is also supported by the buyback and burn mechanism, making it a secure store of value.

Conclusion

With Toncoin’s exit from the top 10, Ethereum and Rollblock remain the top picks, but the impending correction for Ethereum compared to Rollblock’s potential 800% has seen investors flocking to the RBLK presale.

Don't miss out on the amazing opportunities that the Rollblock (RBLK) presale has to offer right now.

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

This article has been paid for. Cryptonomist did not write the article nor test the platform.

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