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Internet Computer (ICP) and Rollblock ($RBLK) Set to Soar as Aptos (APT) Token Unlocks Kill Hopes of Reversal

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Release: 2024-08-05 18:30:43
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The crypto markets have seen an incredible turnaround this year, and many coins, such as Internet Computer, are looking set for face-melting rallies

Internet Computer (ICP) and Rollblock ($RBLK) Set to Soar as Aptos (APT) Token Unlocks Kill Hopes of Reversal

The cryptocurrency markets have seen an incredible turnaround in 2023, with many coins posting triple-digit gains and Bitcoin price rallying by 40%. While some coins, such as Aptos (APT), are struggling under the weight of massive token unlocks, other coins, such as Internet Computer (ICP), are setting themselves up for potential rallies of 100x or more in the upcoming alt season. Meanwhile, Rollblock ($RBLK) continues to generate buzz with its presale, attracting attention from investors due to its unique casino platform and the possibility of gains of 200x.

Internet Computer (ICP) price rallied sharply in the first half of 2023, posting gains of over 1,000% at one point and outperforming even Bitcoin fiyatı. The Layer 1 chain, which aims to host Web3 and dApps at scale, has now rallied by 400% in 2023 from lows of $4.

The rally comes despite Internet Computer being plagued by technical issues and delays for over a year following its mainnet launch. However, a recent development that has given investors confidence in Internet Computer is the CME benchmark, which is typically the first milestone on the road to a dedicated ETF for any crypto asset.

Internet Computer price earlier rallied above $10 for a short time but has since corrected with the wider market dip. However, Internet Computer holders are still up 10% in a month as price consolidates around $8.90.

With enough buying pressure, Internet Computer could see a repeat of previous rallies to smash the previous all time highs of $428. However, given Internet Computer’s current performance and the diminishing returns as price increases exponentially from current levels, many experts believe this could be overly ambitious.

Aptos (APT) price recently continued its downward slide to $6.27 as investors are throwing in the towel after months of red. Aptos has been the victim of its own highly aggressive token unlock schedule as VC investors dump their Aptos allocations on unsuspecting retail holders.

After a short-lived rally to $12 following a مارس price rally, Aptos investors have now endured 50 days of losses as the token unlocks put a ceiling on any potential price recovery.

An upcoming unlock of 11.3 million Aptos tokens in August will see $80 million of sell pressure hitting the market. Aptos holders should look to cut their losses and buy into newer coins with more upside potential.

Rollblock ($RBLK) price rallied to new highs in the past week as prices hit $0.018 in recent days. Fully regulated and crypto-native, Rollblock encrypts all bets onto the Ethereum chain and can guarantee that no bets are manipulated once placed.

Players can fully trust the platform as bets are autonomously executed by the Ethereum smart contract and the casino has no ability to alter any bet outcome. Furthermore, players can verify that the 150+ casino games on the platform are fair and check that the odds are in their favor.

Deposits are accepted in Bitcoin, Solana and Tether USDT amongst over 20 coins. Generous deposit bonuses of 15% are also available for new accounts for a limited time.

The RBLK token is used for all payouts and giveaways. Payouts are processed every 30 minutes, ensuring that players can cash out their winnings quickly and easily.

Furthermore, RBLK can be staked for some of the highest yields in crypto, up to 30%. The token also represents owning a share in the success of Rollblock, as the casino will use a percentage of its operating profits to buy back and burn RBLK each week.

This burn will support price action and remove overhanging supply in a hugely bullish move set to see price soar. Half of these repurchased tokens will also be used for rewards.

Stage 4 coins are now 90% sold out, driving up demand for the final batch of coins. However, this will also see the price increase from $0.018 in the coming days. Check the Rollblock socials for daily Olympic giveaways and take a spin on this 100x gem!

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