Binance Fails To Maintain BNB Price Amid Market Downturn

SPONSORED POST*

October did not start well for exchange giant BNB, with the token losing close to 13% in the first week of October. But to be fair, it was a horrid week for crypto all around, with an almost universal sea of red candles. ‘Almost’ because there were a few green candles, with eCash showing a sharp 20% spike and new online casino Rollblock breaching $4 million in liquidity. This leaves one wondering what is the best crypto to invest in.

eCash (XEC): Twenty percent spike from nowhere

Nobody would be blamed for not knowing about eCash (XEC). eCash is a hard fork from the Bitcoin Cash token, which in itself is a hard fork from the original Bitcoin. One may accuse eCash of being a copy of a copy. Its market cap sits at 700 million, #84 by market cap ratings.   

There is nothing spectacular about eCash, and it has lost 92% of its value since its ATH in July 2021. So where did the 20% green candles in eCash come from when the rest of the market was having a hard time? It may be worth keeping an eye on eCash.

BNB (BNB): Ten percent dump in a week

Binance has always been a candidate for the best crypto to invest in. BNB is #4 by market cap and has a staggering 1,000x lifetime return. All in all, BNB has had more green candles than most. A 10% retraction in a week is a big deal, even in the broader context of a market meltdown.  

But only a fool would count BNB as out when it is merely down, and there has already been a recovery in the BNB price, with several green candles in the token’s future. Maybe the low BNB price is a prime time to ‘buy the dip.’

Rollblock (RBLK): Big green candles signal it’s the best crypto to invest in

While the market has recently seen its share of red candles, Rollblock is lighting up the presale charts with some impressive green candles and sales figures. 

In the seventh stage of its presale, Rollblock has already raised over $4 million in liquidity from over 12,500 subscribers and continues to gain momentum. Rollblock tokens are for sale at just $0.003, making it one of the best crypto investments.

Rollblock is not just riding on hype—it’s backed by a unique GambleFi platform that merges the excitement of online gambling with the transparency and security of blockchain technology. This combination gives $RBLK tokens real-world utility, setting it apart from speculative assets like eCash. What’s more, Rollblock offers a deflationary tokenomics model and revenue-sharing that allows investors to earn passive income while holding onto their tokens.

While major players like Binance may be struggling, Rollblock’s steady rise and green candles prove it’s a solid choice for those looking to capitalize on the next crypto boom. 

As presale prices remain low and demand continues to grow, Rollblock could easily see significant gains, making it not only a hot presale token but possibly one of the best cryptos to invest in during the current market downturn. Now could be the perfect time to get in before this GambleFi powerhouse explodes.

Rollblock is the best crypto to invest in and is now available for sale directly from its website. 

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/2024/10/06/binance-fails-maintain-bnb-price-market-downturn/