

Toncoin and Polygon (MATIC) May Have Reversed Their Red Trends Briefly, but These Tokens Are Still a High-Risk Investment Due to Market Volatility. Meanwhile, Savvy Traders Are Betting on Rollblock ($
Following the arrest of Telegram CEO Pavel Durov last weekend, Toncoin has been down in the dumps as investors lost confidence in the token's recovery
Despite Toncoin and Polygon briefly reversing their downtrends, these tokens remain a risky investment due to market volatility. However, savvy traders are flocking to Rollblock's crypto-native casino, anticipating gains of up to 800% during the presale stages.
Toncoin Shows Resilience on TON/USD Charts Following the arrest of Telegram CEO Pavel Durov last weekend, Toncoin's price has plummeted as investors lost confidence in the token's recovery. On Monday, Toncoin's price dropped by 3.28% to reach $5.41. While such a steep decline usually triggers a sell-off, Toncoin is slowly regaining momentum, with a 78.8% decrease in 24-hour trading volume, indicating that investors are still willing to hold their tokens for now.
On the TON/USD daily chart, Toncoin still trades below its 50-, 100-, and 200-day EMAs. However, technical indicators like the CCI and Momentum Indicator have turned bullish. As Toncoin's RSI quickly recovers from oversold territory towards the neutral zone at 50, the token is set to breach its pivot at $7.09 soon.
Polygon (MATIC) Fails to Sustain Last Week's Gains Last week, Polygon bulls managed to spearhead a rally that breached the 50-day EMA, but those gains proved to be short-lived. As Polygon failed to cross the resistance at $0.60, the price quickly retraced. After an intra-day decline of 4.64%, Polygon currently trades at $0.4216.
Polygon's technical indicators also paint a gloomy picture, with the RSI dropping below the 50% mark rapidly and the MACD line dipping below the signal line. On the MATIC/USD daily chart, bearish dominance suggests that Polygon could crash to the support at $0.3549 in the coming weeks.
Crypto Whales Push Rollblock ($RBLK) to New ATH Even if Toncoin and Polygon manage to return to the green, they pale in comparison to Rollblock's explosive presale that has already rallied by 140%. A new community-backed GambleFi protocol, Rollblock (RBLK) integrates both decentralized and centralized gaming. As crypto whales pile on liquidity for Rollblock's ICO, the token is inching closer to the $3M target in stage 6.
Rollblock attracts a diverse crowd of traders and gamblers to its iGaming ecosystem. In addition to having a native $RBLK token that can be staked for weekly rewards, Rollblock is also set on disrupting traditional gambling platforms with Ethereum-backed security measures. All 150+ AI-powered games on Rollblock are fully licensed, regulated, and encrypted on the Ethereum blockchain, making Rollblock the first online casino that is completely immune to third-party manipulation, data leaks, and phishing.
With 11% of RBLK's supply allocated for rewards, Rollblock provides multiple avenues for investors to reap big gains. One way is through Rollblock's revenue-share model, where the platform uses its casino earnings to buy RBLK on the open market and distribute these tokens to holders as staking rewards with yields of up to 30%. Another way is by investing in Rollblock during the presale, which entitles users to VIP bonuses based on their $RBLK holdings.
Rollblock also has a weekly token burn mechanism that gradually reduces RBLK's circulating supply and primes the token for massive rallies as demand outstrips supply. For now, Rollblock has entered stage 6 of its presale, with a selling price of just $0.024. As momentum builds, analysts predict Rollblock to reach a new all-time high by the end of next week!
The above is the detailed content of Toncoin and Polygon (MATIC) May Have Reversed Their Red Trends Briefly, but These Tokens Are Still a High-Risk Investment Due to Market Volatility. Meanwhile, Savvy Traders Are Betting on Rollblock ($. For more information, please follow other related articles on the PHP Chinese website!

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