Polygon ($MATIC) Layer Two Pump On POL Rebrand
Polygon has experienced a significant resurgence, with its layer 2 scaling solution on Ethereum rising over 16% this week to reach $0.56. Despite encountering strong selling pressure at the 100-day moving average, Polygon is currently consolidating just below the $0.5 mark, at $0.499.
Recently, Polygon underwent a rebranding, with exchanges preparing to list the POL token. This rebranding is expected to boost trading volume and potentially break Polygon out of its 6-month downtrend. A reclaim of the 200-day moving average at $0.72 could signal a strong return of the Polygon bull market.
Avalanche (AVAX) Eyeing $32 As Pump Set To Continue
Avalanche (AVAX) has rebounded from its recent low of $17.29, rallying 20% in the past week to approximately $25.5. Despite this recent recovery, Avalanche’s price is still down 36% over the past six months.
A continuation of this upward trend could see Avalanche break above its July highs of $32, a sign of strong bullish momentum. Conversely, if another bearish phase occurs, Avalanche could potentially drop below $20.
Rollblock ($RBLK) Making Waves As Presale Continues To Defy Crypto Gaming Slump
Rollblock ($RBLK) is making headlines as it continues to reach new highs, with over 10,000 investors now involved in its presale. Rollblock is a GambleFi casino that encrypts all bets on the Ethereum blockchain, ensuring tamper-proof gaming experiences.
One of Rollblock’s key advantages is its KYC-free model, which guarantees user privacy and security. Players can connect their crypto wallets and access a wide range of classic casino games.
The native $RBLK token is predicted to experience remarkable growth, with potential gains of up to 100x this cycle. The casino plans to use up to 30% of its profits each week to buy back and burn $RBLK tokens, with half of these coins distributed to stakers. This strategy aims to offer up to 30% returns on holdings, reducing supply and selling pressure in the market.
As demand surges and supply diminishes, Rollblock’s price is expected to rise significantly. Investors are encouraged to follow Rollblock’s social media channels for daily Paralympic giveaways and consider acquiring tokens before the price sees a projected 800% increase during the presale.
Conclusion
The altcoin market is witnessing notable rallies with Polygon and Avalanche leading the charge. Meanwhile, Rollblock ($RBLK) is emerging as a standout play-to-earn token with significant growth potential. As the crypto market continues to evolve, keeping an eye on these developments could offer substantial investment opportunities.
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