Bitcoin is headed towards the $70K mark, and the crypto market is soaring with gains. However, certain tokens are struggling to build momentum. Sei (SEI) and Sui (SUI) are struggling to match the gains made by newer, more popular cryptos like Rollblock (RBLK).
Sei (SEI) Unlikely to Recover in Upcoming Bull Run
Sei’s (SEI) current price chart is a series of red lines. Even though Sei’s EVM compatibility gives it a huge share of the Ethereum ecosystem’s dominance, the token has still failed to maintain investor attention.
Sei’s value has been on a downtrend since its all-time high of $1.14 in March. Since then, there have been several bearish breakouts that eventually corrected. At the time of writing, Sei is trading at $0.3443 after a massive intra-day decline of 5.54%. With a weekly drop of nearly 10% and a 71 rating on the Fear & Greed Index, analysts are expecting a bearish future for Sei.
Sui (SUI) Down By 12% in the Past Week
Sui (SUI) has faced a lot of market turbulence in the past month. Analysts had anticipated Sui to become the next Ethereum killer, but it turns out Ether is the one doing the killing. At press time, Sui is trading at $0.7327 after an intra-day decline of over 5%.
Just last week, Sui hit a new milestone of soaring past the $2 billion market cap. However, those highs didn’t last for long. After a drop of over 5%, Sui’s market cap is now down to $1.8 billion, bringing it to the 50th position amongst all cryptos. If Sui fails to recover these losses, then it may see lower lows in the following weeks.
Rollblock (RBLK) Expected to Deliver 100x Gains by December 2024
Rollblock (RBLK) is a new Ethereum-based token that’s making investors worldwide want to roll the dice. Rollblock’s casino seamlessly combines the best aspects of decentralized and centralized gaming, making it the most creative token that the market has seen in a long time.
Rollblock’s main priorities include transparency, privacy, and user trust. While traditional casinos suffer data breaches and anonymity issues, Rollblock offers a simple solution to these problems. Every financial transaction and bet placed on the platform is inscribed on the Ethereum blockchain, making it impossible to engage in bet fixing or hacks.
Rollblock’s casino aims to create a community of like-minded individuals who want to enjoy the experience of crypto trading. Users can connect their wallets without KYC checks and use up to 20 popular cryptos to start gambling, and in-game rewards are distributed using Rollblock’s native RBLK token.
Apart from this play-to-earn scheme, Rollblock also reinvests up to 30% of its weekly revenue to buy back RBLK tokens from the open market. Half of the tokens are burned to ensure that RBLK’s supply remains scarce and on a deflationary trend. The other half are rewarded to investors for staking the RBLK token and participating in Rollblock’s community.
Currently wrapping up Stage 4 of its presale, Rollblock is trading at a low price of $0.0175. Early investors are already enjoying up to 75% gains, and market experts are anticipating another 800x surge in value by the end of the presale.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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