Algorand

MultiversX

The global crypto industry has seen massive gains in July, and investors are now preparing themselves for a bull run in Q4. Despite this increased traction, Algorand (ALGO) and MultiversX (EGLD) have failed to escape their downward trends.Due to this downtrend, investors are dropping these tokens for a new, shinier token in town: Rollblock (RBLK). Rollblock’s crypto casino already has over 6,000 investors, and investors are buying tokens before the project sees a massive 800% rally during its presale.<h2 id="header-0">Analysts Expect Algorand (ALGO) to Face a Bear Run</h2>Algorand (ALGO) has been in a downward consolidation phase since March. Algorand’s value experienced an all-time high of $3.28 in June 2019, but the token hasn’t been able to reach those peaks again. Right now, Algorand’s price is $0.1416 after an intra-day decline of nearly 2%.This downward trend has continued from the past week, resulting in an overall 4% loss in value. For now, Algorand’s technical indicators are hinting towards a bearish sentiment. If that wasn’t enough, then Algorand’s Fear/Greed Index is also showing greed among investors, hinting towards the possibility of profit-taking amongst Algorand holders.<h2 id="header-1">MultiversX (EGLD) Down 94% From All-Time High</h2>MultiversX (EGLD) has only seen lower lows during the past week. Back in November 2022, Elrond rebranded to MultiversX to reflect the project’s new metaverse-related offerings. However, even after this token swap, MultiversX is still down 94% from its all-time high of $542.At the time of writing, MultiversX was trading at $32.13 after an intra-day decline of 2.76%. For now, technical indicators like the 100-day SMA and 200-day SMA are displaying a major sell signal while the Fear &amp; Greed Index shows that MultiversX investors are greedy for profits. As a result, MultiversX could see further declines in Q3.<h2 id="header-2">Rollblock (RBLK) Steals Investor Attention with Revenue Sharing Model</h2>The DeFi token that has garnered the most attention as of late is Rollblock (RBLK). Market experts are closely watching Rollblock’s skyrocketing growth, and many analysts have already predicted a 100x surge by the end of 2024. If Rollblock can maintain the same momentum in Q4, then it may end up disrupting the entire gambling industry.Rollblock’s mission is to combine decentralized and centralized gaming experiences through the integration of blockchain technology. This token is attacking the $450 billion-a-year global gambling industry with its state-of-the-art crypto casino. With each financial transaction backed on the Ethereum blockchain, Rollblock is quickly capturing the attention of gamers and traders alike.The key to Rollblock’s success is not just the play-to-earn program but its brilliant revenue-sharing scheme. The platform allocates up to 30% of its weekly revenue for open market buybacks of its native token, RBLK. A significant portion of these tokens are burned to keep RBLK’s supply low, and the remaining are distributed to stakers with massive APYs.Rollblock’s casino has also removed the need for any KYC checks. Players can register on the platform using their email address or directly link their crypto wallet. Rollblock’s casino is full of exciting games, including casino classics like poker and a collection of newer AI-powered games.Currently in stage 4 of its presale, Rollblock is selling at a low price of $0.0175. In the next few weeks, analysts are expecting this price to surge 800% and further rally by 100x after $RBLK is listed on major exchanges.Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!Website: <a href="https://rollblockpresale.io/" rel="noopener noreferrer nofollow">https://rollblockpresale.io/</a>Socials: <a href="https://linktr.ee/rollblockcasino" rel="noopener noreferrer nofollow">https://linktr.ee/rollblockcasino</a>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.

ALGO and EGLD Continue to Underperform as Crypto Investors Continue to Keep Eyes Firmly On Rollblock

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