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Avalanche (AVAX) is aiming to knock Toncoin (TON) from the crypto top ten as the cryptocurrency sets high aspirations in the blockchain technology space. However, analysts are growing more positive about Rollblock (RBLK) and predict it will beat Avalanche and Toncoin. This anticipated shift demonstrates the potential for new crypto projects along with a substantial market realignment as new players emerge and grab investors’ attention.
Could Avalanche (AVAX) Hit $30 Before The End Of The Year?
Avalanche (AVAX) is trading between $26 and $30 with a $25.49 support level. Avalanche lost nearly 4% this week and over 3% last month. Technical indicators RSI 35.80 and
] Stochastic 14.52 indicates Avalanche is oversold and might rebound soon.
If Avalanche gains traction, it might test the resistance level at $31.64 or over 17% above current prices. But if the bearish patterns continue, the price might drop to the next support level at $22.41 by about 17%. Traders are watching these levels for a breakout or further decline.
Toncoin (TON) Remains Committed To Creating A Whole Ecosystem
Toncoin (TON) is the indigenous cryptocurrency of the Open Network, a decentralized, open-source Layer-1 blockchain created by Ton Foundation along with other organizations. Created by Telegram as the Telegram Open Network, it featured the ‘Gram’ token but was halted in 2020 on a court order of the SEC. It was later revived by The community as The Open Network.
Toncoin follows a Proof-of-Stake (PoS) consensus approach to enhance community stability and dependability. Toncoin’s primary goal is to provide fast and secure payment services with low transaction fees. Additionally, Toncoin aims to develop a comprehensive ecosystem that includes decentralized storage, services, DNS, anonymous networking, and efficient payment processing. With a focus on scalability and diverse functionalities, Toncoin plays a significant role in the evolving landscape of blockchain technology.
Rollblock’s (RBLK) Winning Formula Leads to Massive Investor Migration
Rollblock’s viral presale has become a top choice for Avalanche and Toncoin investors who want to diversify their portfolios with new altcoins. This crypto casino promises to disrupt the $525 billion worldwide gambling market by merging the best blockchain technology with popular crypto culture. Players can register from anywhere in the world and immediately access 7,000 provably fair casino games. Rollblock enhances its gaming experience through a vibrant crypto culture that includes deposit matching, high-roller prizes, and a variety of exciting giveaways and events.
The revenue-sharing program exemplifies Rollblock’s unique blend of crypto culture and blockchain technology in online gambling. Up to 30% of the casino’s weekly revenue is allocated for open market buybacks. Of these buybacks, 60% are burned immediately to maintain deflationary pressure on the RBLK token, while the remaining 40% are used as high APY rewards for staking to support the platform’s operations.
Analysts predict that Rollblock’s winning strategy could lead to a growth of at least 100x by the first quarter of 2025. Currently, the platform is nearing the 7th stage of its presale, selling tokens for just $0.0318.
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/2024/10/27/avalanche-sets-sights-pushing-toncoin-out-crypto-top-10/