Filecoin

Resistance

Frenzy

Cosmos

The crypto markets have been on fire lately but many established altcoins offer limited upside for the rest of this cycle. Investors in older coins Filecoin (FIL) and Cosmos (ATOM) will need to hedge their portfolios with exposure to new projects like <a href="https://presale.rollblock.io/" rel="noopener noreferrer nofollow">Rollblock</a> ($RBLK), a new coin in the P2E space tipped for gains of up to 880% in the coming weeks.  
<h2 class="wp-block-heading" id="h-filecoin-fil-could-struggle-to-hit-previous-heights">Filecoin (FIL) Could Struggle to Hit Previous Heights</h2>  
Filecoin’s (FIL) holders rejoiced recently as the file storage protocol was added to Grayscale’s Decentralized AI fund. This should see a flood of institutional investment flow into Filecoin, and propelled Filecoin price above $4.50. Despite this bullish news, Filecoin is currently looking a long way off the yearly highs at $11.9 and will need a sustained period of heavy inflows to get anywhere near.  
Support at $3.57 looks like it will hold in the event of a market-wide sell off, but Filecoin will struggle to make big returns for holders this year.  
<h2 class="wp-block-heading" id="h-cosmos-atom-sitting-underneath-massive-resistance">Cosmos ($ATOM) Sitting Underneath Massive Resistance</h2>  
Cosmos ($ATOM) has disappointed holders recently and is down 6% in a month to $6.29 at the time of writing. Cosmos has been bleeding against the major large caps and needs bulls to step in to stage a turnaround soon. Cosmos could struggle as major moving averages are hovering overhead at $6.80 and $7.60.&nbsp;  
Any Cosmos rally will need to contend with massive selling pressure at these levels and investors should be prepared for a long period of Cosmos fluctuations.&nbsp;  
<h2 class="wp-block-heading" id="h-rollblock-rblk-makes-new-highs-amid-presale-frenzy">Rollblock ($RBLK) Makes New Highs Amid Presale Frenzy</h2>  
Rollblock (<a href="https://presale.rollblock.io/" rel="noopener noreferrer nofollow">$RBLK</a>) is bringing a new level of trust and fairness to online casinos as it leverages the power of Web3 innovation. By immortalizing all financial transactions onto the Ethereum Blockchain, Rollblock can vouch that bets won't be tempered with once placed.&nbsp;  
Refreshingly free from invasive KYC approval, new sign ups only need an email and a crypto wallet to get started. For a short time offer, new users will also receive a hefty deposit bonus of up to 15%.  
The platform introduces over 150 gaming options including an incredible mix of AI powered casino games and new launches. Sports betting will also allow for bets on a wide range of international sporting events.&nbsp;  
In-game rewards are paid out in RBLK, the native token central to the platform. RBLK allows holders to stake their coins for generous APY and the casino will also be launching a revenue sharing scheme, using up to 30% of the casino revenue to buy RBLK on the open market and burn them each week. This will reduce supply as demand grows, ensuring that RBLK price will moon as adoption grows.  
The Rollblock presale is selling out fast and over $1.3 million has already been pledged. The low price point of $0.017 won't last much longer so investors should hurry to secure a bag before the end of stage 4!  
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!  
Website: <a href="https://presale.rollblock.io/" rel="noopener noreferrer nofollow">https://presale.rollblock.io/</a> Socials: <a href="https://linktr.ee/rollblockcasino" rel="noopener noreferrer nofollow">https://linktr.ee/rollblockcasino</a>&nbsp;    
Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. 
The post <a href="https://optimisus.com/press-releases/experts-doubt-filecoin-and-cosmos-atom-potential-to-hit-new-highs-this-cycle/" rel="noopener noreferrer nofollow">Experts Doubt Filecoin and Cosmos (ATOM) Potential To Hit New Highs This Cycle; Here Is One Altcoin Ready To Explode</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

Experts Doubt Filecoin and Cosmos (ATOM) Potential To Hit New Highs This Cycle; Here Is One Altcoin Ready To Explode

Table of Contents

Optimisus

Other articles published on Jul 24, 2024

Bitcoin Battles to Reclaim $65,000 as Analysts Eye Crucial Support Levels

Senator Lummis Advocates Against Proposed 30% Tax on Bitcoin Miners

Bitcoin Hashrate Recovers Parallel to Price Spike, Says an Analyst from CryptoQuant

Korea Blockchain Week 2024 Names Movement Labs The Official Conference Partner, Unveils New Headl...

European Union continues hinting at blockchain adoption

Chinese-based Microsoft employees are in relocation dilemma

Join our free newsletter for daily crypto updates!