Home web3.0 Rollblock Emerges as Top Altcoin Pick as Crypto Market Cap Dips Below $2T, Hitting XRP and BNB

Rollblock Emerges as Top Altcoin Pick as Crypto Market Cap Dips Below $2T, Hitting XRP and BNB

Sep 11, 2024 am 12:09 AM
XRP Whales BNB Altcoin

Investors are frantically searching for the best altcoin to invest in as the crypto market cap drops below $2 trillion for the first time since January 2022.

Rollblock Emerges as Top Altcoin Pick as Crypto Market Cap Dips Below T, Hitting XRP and BNB

As the crypto market cap dips below $2 trillion for the first time since early 2022, investors are keeping a close eye on the best altcoin to invest in. While leading tokens like XRP and BNB fell victim to the uncertainty surrounding the US Federal Reserve, Rollblock is emerging as the go-to investment option. The GambleFi project hints at a 650% surge in just weeks. Here's why.

Binance coin faces a downward spiral

BNB is down over 11% from the week, playing its part in a larger market correction. Despite very low correlations between BNB and Bitcoin, the price of Binance Coin suffered in Q3 and began what some call a downward spiral.

Moreover, BNB has fallen 33% since setting an all-time high in June 2024, and analysts warn of further downturn. The sentiment is currently bearish as BNB recorded just 13 green days of the last 30, prompting large holders to migrate their shares.

Trading below the $480 level, BNB fell from a market capitalization of $103 billion to $69 billion. The steep momentum comes amid recent legal issues involving Binance, along with growing competition from DEXs.

Ripples succumb to the market wave

Market sentiment has degraded a lot for XRP, with technical indicators pointing at strong sell signals. At press time, XRP is a far cry from the $3.84 it reached in 2018 for its all-time high.

Analysts believe XRP could further bleed its value, breaking easily below critical support, unless some breakthrough is achieved in its ecosystem or in ongoing legal cases. However, it’s worth noting that in August 2024, XRP mostly sustained itself from favorable legal outcomes and trend projections.

Furthermore, the XRP token is down over 15% in just this month. Among the top 100 cryptocurrencies, XRP sits in the bottom 30% by market performance as it trades below its 200-day simple moving average.

Rollblock holds promise for savvy investors

As prominent cryptocurrencies such as BNB and XRP have experienced significant drops, Rollblock has gained attention for its pioneering GambleFi project, which bridges the gap between entirely decentralized and completely centralized gaming.

Rollblock (RBLK) is distinguished by its emphasis on transparency and justice in all aspects of its business. Fairness in gaming enabled by blockchain technology.

With its fast buyback and burn capabilities and a fully functional and intuitive platform, Rollblock has the potential to be one of the most disruptive platforms in the iGaming sector. The addition of a high-value proposition appears to be the result of Rollblock investors looking for substance in an otherwise terrible market.

So far, in its ongoing presale, Rollblock has made over $3.2 million in its 6 stages to date—a testament to how confident the investors are in the unique way the platform has been offering GambleFi services. The current presale price stands at $0.025, but with the growing momentum, it unfolds as the best altcoin to invest in.

Conclusion

With expectations of further downturn in the market, Rollblock prompts the interest of market analysts as it is currently lauded as the best altcoin to invest in. This makes RBLK a more promising alternative to BNB and XRP.

For more information, visit Rollblock’s presale website or join the online community.

The above is the detailed content of Rollblock Emerges as Top Altcoin Pick as Crypto Market Cap Dips Below $2T, Hitting XRP and BNB. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1664
14
PHP Tutorial
1268
29
C# Tutorial
1242
24
The Cryptocurrency Market Winds Down 2024: A Season of Evaluation and Strategic Planning The Cryptocurrency Market Winds Down 2024: A Season of Evaluation and Strategic Planning Nov 11, 2024 pm 04:28 PM

As 2024 winds down, many are evaluating their cryptocurrency holdings and strategizing for the upcoming year. The latest developments in Ethereum are generating optimism

WallitIQ (WLTQ): From $0.0171 To $80? Understanding The Growth Potential WallitIQ (WLTQ): From $0.0171 To $80? Understanding The Growth Potential Nov 11, 2024 pm 12:18 PM

WallitIQ (WLTQ) is a revolutionary decentralized wallet with features expected to drive the WallitIQ price from the current presale price of $0.0171 to $80.

Ripple CEO Brad Garlinghouse Discusses Donald Trump's Support for Cryptocurrency, Criticizes SEC's Approach to Crypto Regulation Ripple CEO Brad Garlinghouse Discusses Donald Trump's Support for Cryptocurrency, Criticizes SEC's Approach to Crypto Regulation Nov 09, 2024 pm 06:28 PM

CEO Brad Garlinghouse discussed Donald Trump's support for cryptocurrency, where Trump has positioned himself as a "crypto advocate" during his campaign.

BNB Resumes Bullish Movement After Undergoing a Retracement Phase, Eyes $721.8 High BNB Resumes Bullish Movement After Undergoing a Retracement Phase, Eyes $721.8 High Nov 14, 2024 pm 06:10 PM

Following the current drop across the crypto space, BNB bounced back from a critical trading zone after initiating a small pullback yesterday.

IntelMarkets (INTL): New AI-DeFi Token With Significant Growth Prospects IntelMarkets (INTL): New AI-DeFi Token With Significant Growth Prospects Nov 11, 2024 pm 01:24 PM

IntelMarkets (INTL) is on whales’ radars given its significant upside potential. Also driving whale interest is its AI-DeFi narrative and its vision of transforming the crypto trading scene with AI.

Dogecoin and Cardano Soar as Bullish Sentiment Grows, While Analysts Eye Lunex Network for Massive DEX Token Potential Dogecoin and Cardano Soar as Bullish Sentiment Grows, While Analysts Eye Lunex Network for Massive DEX Token Potential Nov 17, 2024 am 06:34 AM

Throughout the bull run, different crypto's will surge at different times. Dogecoin and Cardano are already soaring before Bitcoin surpasses the $100,000 milestone

XRP Price Prediction: XRP Is Close to a Key Breakout Level at $0.66, with Potential to Rally Up to $1.50 XRP Price Prediction: XRP Is Close to a Key Breakout Level at $0.66, with Potential to Rally Up to $1.50 Nov 13, 2024 am 12:28 AM

XRP saw a 19% jump this week as strong market indicators, including reduced selling pressure and increased open interest, point to further bullish movement.

Whale Activity Sparks Concern Over Shiba Inu (SHIB) Market Dynamics Whale Activity Sparks Concern Over Shiba Inu (SHIB) Market Dynamics Nov 20, 2024 am 04:18 AM

Shiba Inu (SHIB) whale activity spiked dramatically in the last 24 hours, with 2.83 trillion tokens flowing out. The shift in behavior highlights growing caution