As the crypto fear and greed index swings dramatically towards extreme fear, crypto investors are cautious and looking for new altcoins that can guarantee massive gains. With regular cryptos like BNB and Stellar (XLM) experiencing downturns, their holders are investing in Rollblock, which has raised $3.3 million in the sixth phase of its presale.
But why? Because of its tokenomics and novel approach to online gambling, research suggests this new altcoin may transform GambleFi. Let’s find out why crypto holders find this new altcoin appealing.
Market downturns continue to becloud BNB despite recent breakout
Declining activity on the BNB chain and bearish technical setups caused the BNB price to drop by 16.1% last month. This suggests further adverse risk for BNB in September. Despite a recent 5% increase, the availability of more sellers than buyers has continued to mount more pressure on BNB.
With the crypto fear and greed index leaning towards fear amid general bearish market momentum, BNB remains under pressure to maintain the $500 safe zone. BNB holders remain optimistic of its stability further fueled by BNB’s recent upward surge and breakout over a descending trend.
Despite this short term reprieve, experts are unsure of BNB’s stability in the immediate long term.
Stellar (XLM) price struggles: Navigating volatility in the crypto market
Stellar (XLM) has recently seen significant market challenges. Declining to $0.09 in September from an all-time high of $0.875563, the XLM’s bearish run captures the token’s extreme volatility and overall downward market trends.
XLM’s market performance has been especially unsatisfactory for those who purchased it at its height as they’ve been unable to benefit. The token’s failure to breach necessary resistance levels has caused a gloomy attitude among traders with experts forecasting further XLM’s short-term fall.
Rollblock: Revolutionizing online gambling with blockchain technology
While Stellar (XLM) suffers from market volatility and BNB from future uncertainty, smart investors are looking into Rollblock, a new altcoin in its sixth round of presale. Selling over 26.6 million tokens and gaining an incredible $3.3 million, this new altcoin has drawn the interest of XLM and BNB holders even as XLM struggles to maintain its value in the chopped crypto market.
Crypto experts and research suggest Rollblock might rise 100x by year end, providing a better alternative for massive financial gains. This new altcoin’s creative approach to online gambling and its special tokenomics have positioned it to be the game-changer in the GambleFi industry.
In addition, with the current fear and greed index in crypto discouraging investment in declining altcoins like XLM and BNB, Rollblock appeals to investors trying to diversify their portfolios beyond conventional cryptocurrencies. Rollblock’s dedication to openness, security, and user-friendly traits has continued to spike investors’ confidence.
Boasting a market cap of $25 million, Rollblock offers great incentives. Multiple game options, passive revenue, staking with up to 30% annual yield, and no KYC requirements make Rollblock the new star in GambleFi.
With only 26.3 $RBLK tokens left and currently available for $0.025, you should join the ongoing presale to benefit from the $450 billion gambling industry.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Source: https://www.crypto-news-flash.com/bnb-and-stellar-xlm-holders-cant-stop-buying-up-this-new-altcoin-set-to-surge-over-100x/?utm_source=rss&utm_medium=rss&utm_campaign=bnb-and-stellar-xlm-holders-cant-stop-buying-up-this-new-altcoin-set-to-surge-over-100x