CSince smashing through the $100,000 resistance level last week, Bitcoin has cooled off slightly and is currently consolidating. Many crypto investors have begun to rotate into altcoins such as Tron and the massively disruptive casino platform Rollblock ($RBLK), which is set for parabolic 50x growth this cycle thanks to its focus on trust and transparency.
Bitcoin ($BTC) Dips After Smashing Through $100K Barrier
Bitcoin is currently consolidating under $100,000, as it has fallen by 2.7% in the last 24 hours to reach $98,400. In the event of a further dip, Bitcoin traders will be looking at $93,000 as the first major support level, with fairly obvious resistance at $100,000.
With massive buying from MicroStrategy and speculation that Bitcoin and Microsoft may soon consider adding Bitcoin to their treasury reserves, Bitcoin should overcome this resistance in the short term without much trouble. Bitcoin traders are targeting levels around $121,000 for its next move, although this may take time as many Bitcoin whales continue to take profits at these elevated price points.
Tron ($TRX) Rallies On Sun’s Antics
Tron is currently down 6.2% on the daily time frame to reach $0.29. Despite this, Tron holders are still very much in the green this week after an astonishing 44% run, and zooming out to the monthly candle, things look even better with an 85% rally in the last 30 days. This has brought the Tron market cap to above $25 billion and secured Tron a position in the CoinMarketCap crypto top 10 index.
Recently, the Tron CEO Justin Sun was named as an advisor to Donald Trump’s DeFi crypto project World Liberty Financial. Sun has invested $30 million in this venture, which is bound to be extremely bullish for the Tron ecosystem going forward. Sun is no stranger to the limelight, as he recently made headlines by winning an auction for a banana-based artwork worth $6.2 million, which brought much attention to the Tron ecosystem recently.
Rollblock ($RBLK) Sees Inflows Of $7 Million As It Storms Through Its Presale
Rollblock ($RBLK) recently surpassed a whopping $7 million in total value locked, as more than 22,000 investors have stepped up to supercharge their portfolios with an allocation to this rising GambleFi star. Rollblock has so far shown immense promise as its comprehensive casino platform has already gone live and garnered a fiercely loyal community in just a few short months.
For the first time, Rollblock gamers have the upper hand as they can verify for themselves that no bet manipulation has taken place, thanks to Rollblock’s practice of inscribing all transactions on-chain.
Each week, a significant portion of Rollblock’s operating profits will be spun back into buying up the $RBLK token on decentralized exchanges. These purchases are extremely bullish for $RBLK, as they will mean a deflationary supply issuance going forward. This is because 60% of these purchases are immediately destroyed and sent to a burner address, while the remaining tokens find their way back to the community through generous staking yields.
Expect to see $RBLK make its way up the crypto rankings this year. A little GambleFi FOMO will go a long way to boost the $RBLK price from its current bargain $0.041 price point!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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