TON price stalls as investors eye a new altcoin

Rollblock surges 170% in presale, attracting Toncoin investors amid negative news, with analysts forecasting 880% gains.

Rollblock (RBLK), a new altcoin on Ethereum, is arousing the curiosity of Toncoin investors with its generous profit-sharing deal and monster growth potential.

That’s amid negative news stories engulfing the Toncoin (TON) community: Durov’s arrest in France and the potential ban of Telegram in Indonesia. The resulting bearish sentiment pushed TON’s price down over 16% in the past month.

RBLK posted a gigantic 170% surge in presale, with investors pumping in over $3.7 million by stage 6. Learn why analysts extol Rollblock as the hottest crypto ICO of 2024, forecasting mammoth 880% yields for the new altcoin.

Toncoin price stalls as investors flock to new altcoin

TON rocketed from its 2023 lows of $1, rising to a peak at $8.2 in June 2024 for an impressive 8x yield. The ensuing profit-taking spree put TON on a bearish run, collapsing to a nadir of $4.8 during the Aug. 5 crypto bloodbath.

Fortunately, Binance listed Toncoin on Aug. 8, exposing it to a wider pool of traders and investors. The fresh liquidity poured at the dip pushed TON 50% up to $7.2.

Toncoin was bracing to blow its ATH when negative news of the arrest of Telegram’s CEO hit, creating a climate of FUD. A wild selloff followed. TON dived straight to earth, erasing nearly all its August gains at $4.44 by September.

The $4 region is a hot demand zone where Toncoin bounced off several times in the past. A heavy buying power rotated TON back up to the $5.7 zone by Sept. 19. As of press time, TON was down over 16% monthly and is expected to continue accumulating in the $4-$5 zone.

Per CoinCodex, TON is likely to fluctuate in the $5-$18 region for the rest of the year. Of course, TON is a great crypto asset with solid fundamentals, given its focus on building a decentralized internet for everyone.

But for passive income and greater EOY yields, investors are diversifying into the hottest crypto in GambleFi.

Rollblock: one of the hottest crypto in iGaming

Rollblock is a new AI-powered GambleFi protocol on Ethereum. This gambling dApp aims to disrupt the multi-billion gambling empire with fair gaming technology and clever passive income strategies for investors.

Unlike traditional casino platforms, Rollblock posts bets and transactions on the Ethereum network, making all player activity publicly visible and verifiable. Neither the house nor players can alter gaming results, ensuring fair gameplay.

Toncoin investors are going bananas for Rollblock’s investment deals: a weekly dividend distribution and generous staking rewards of up to 30% APY for token holders. Regular token burn events are also on the cards, returning organic yields to investors through token value appreciation.

RBLK is not only an incredible passive income blue chip but also a supercharged growth asset. The iGaming market is a whopping $540 billion empire. Disrupting this treasure chest of cash with advanced betting strategies will make Rollblock a top-tier gambling platform.

That will pull RBLK’s market cap into the billions, scaling the token price to new heights. Crypto analysts predict a parabolic return north of 100x for RBLK holders, making this new altcoin the hottest crypto asset for passive yields and growth.

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