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In the previous bull runs, Fantom (FTM) and Polygon (POL) both soared over 200x. As the cryptocurrency market gets hot again, experts believe that Rollblock (RBLK) could follow in this explosive growth. With its approach to online gambling and the use of Web3 technology, Rollblock is drawing interest from investors. Many industry experts see the presale advancing to large gains in the coming market cycle.
Fantom (FTM) Shows Bullish Signs
Fantom (FTM) trades at $0.7245, up 5.21% over the last 24 hours. This is a minor increase but still reflects positive overall market sentiment for Fantom. Of 28 technical indicators, most indicate a potential growth for Fantom. Fantom has appreciated 258% over the past year, beating 78% of the top ten cryptos, including Bitcoin and Ethereum. Fantom is currently trading 57.75% above its 200-day SMA of $ 0.42001, indicating strong momentum.
Looking ahead, forecasts suggest a potential price rise for Fantom in the coming weeks, with estimates ranging from $0.7245 to $0.730862. If Fantom reaches the upper target by October 21, 2024, this could represent a 7.05% increase.
Polygon (POL) Continues To Fluctuate
Currently, Polygon trades around $0.36, reflecting a slight bearish trend in the last few months, with a notable drop of over 57% from its six-month high. However, recent developments, including the migration from MATIC to POL as part of Polygon 2.0, have generated optimism among analysts. This upgrade aims to unify liquidity across multiple Layer 2 chains, improve scalability, and reduce transaction costs.
Key support levels for Polygon are at $0.36, while resistance is seen at $0.45. If Polygon manages to break above this resistance, it could target a price of $0.70. Conversely, failure to hold at $0.36 may lead to further declines for Polygon. The market sentiment is cautiously optimistic as traders await confirmation of a potential Polygon bullish reversal.
Rollblock (RBLK) Set To Go On 200x Bull Run
Rollblock (RBLK) offers players access to over 7,000 thrilling casino games without requiring KYC checks, coupled with a play-to-earn model. These games are compatible with the $RBLK token and 20 other leading cryptocurrencies, including BTC and ETH. By utilizing Ethereum’s security and transparency, Rollblock Casino addresses long-standing issues in online gambling, positioning itself in the spotlight of the $500 billion industry.
Additionally, Rollblock will allocate a portion of its casino profits into buying $RBLK tokens directly from the market using a decentralized exchange. The purchased $RBLK tokens will be allocated in two ways: 50% of it will be burnt to add a deflationary aspect to $RBLK, and the other 50% will be used in staking rewards, for the holders of $RBLK tokens.
Currently, Rollblock’s presale has raised nearly $4 million from thousands of eager participants, with $RBLK tokens priced at just $0.035. Early investors have already experienced significant profits, with the token increasing by 250%. Launched at $0.01, $RBLK is now at $0.035 in stage 7, with prices expected to rise further in upcoming stages. Many analysts believe a potential 1,000x surge post-launch is likely, positioning Rollblock to lead the GambleFi sector.
While established altcoins like Fantom and Polygon are popular, Rollblock is emerging as a compelling alternative for investors seeking the next big opportunity in cryptocurrency.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/10/16/fantom-polygon-both-saw-200x-gains-last-bull-run/