Fantom (FTM) Rebrands to Sonic Labs Amid Market Anticipation
Fantom is on the cusp of a significant price surge as it rebrands to Sonic Labs. Meanwhile, Theta Network is struggling to regain bullish momentum after a prolonged period of unstable trading. In the midst of this, investors are flocking to the Rollblock ($RBLK) presale, which analysts predict could see massive 100x growth for this innovative gaming token.
Market Eyes Fantom’s ($FTM) Transition to Sonic Labs
Fantom’s price has recently surged by 13% as the layer 1 blockchain edges closer to its rebranding as Sonic Labs. This transformation will enhance bridging to Ethereum, offering improved scalability and speed. The number of Fantom addresses has increased in the past week, as investors prepare for Sonic’s exchange listing, expected in Q4 of 2024.
The Fantom price seems poised for further gains, potentially reaching $0.43. However, investors should brace for potential volatility, as there could be a pullback to retest the $0.32 level. Post-rebrand, Fantom may experience significant returns.
Theta Network ($THETA) Struggles as Market Cap Plummets
Theta Network ($THETA) has faced a tough year, with its price action underperforming. Recently, Theta has fallen over 28%, reaching $1.17 at the time of writing. Since its surge past $3 in March, Theta has declined by 52% over the last three months, leaving investors seeing red.
Momentum indicators for Theta Network remain mostly neutral, suggesting that neither bulls nor bears are in control. However, with Theta investors seeking diversification, further declines could be on the horizon for Q3.
Rollblock ($RBLK) Poised for Massive Gains as Presale Heats Up
Rollblock ($RBLK) has been gaining traction, with over $2.2 million in inflows as its presale continues to gain momentum. Over 9,000 investors have already participated, many of whom have seen over 100% returns on their early investments.
Rollblock is revolutionizing the $450 billion online gambling industry by integrating decentralized finance. All bets are permanently recorded on the Ethereum blockchain, ensuring transparency and eliminating concerns about bet fixing.
Key features of Rollblock include:
- Complete anonymity with no KYC checks required for sign-up.
- Support for over 20 cryptocurrencies for deposits.
- Access to over 150 unique games.
The native RBLK token is used for all payouts and can be staked for up to 30% in risk-free passive income. Each week, the casino plans to repurchase millions of tokens using up to 30% of its revenue. Half of these tokens will be permanently burned, while the other half will be allocated to rewards.
Currently in stage five of its presale, Rollblock is expected to see 100x gains in the coming months, with demand far outstripping supply. Now is the prime time to purchase Rollblock at the attractive price of $0.021 before the project sells out!