Avalanche Primed For A Major Rally With 33% Surge
Avalanche investors have set eyes on the $40 resistance level as the general mood of fear that gripped the market has begun subsiding. Avalanche experienced a steep price decline during the March correction, ultimately bottoming at $21.80 during the Bitcoin sell-off in early July.
Avalanche buyers stepped in and drove Avalanche’s price back to $32, a level acting as an important stepping stone for further upside continuation. In addition to that, the Total Value Locked (TVL) has surged to a total of $951 million, suggesting a boost in activity in the Avalanche ecosystem.
Optimism Soars By 58%
Optimism is a Layer 2 scaling solution for Ethereum. Optimism recently gained traction as the L2 competition is heating up, with other major players being Polygon and Arbitrum.
Optimism recently experienced a prolonged 56% correction that saw its price plummet from $2.97 to $1.26. After bottoming at $1.26 in early July, Optimism experienced a significant rebound. Optimism is currently priced at $1.93, just under the $2.00 mark that is proving to be an important resistance level.
Rollblock Set To Outperform Majors As Presale Crosses $1 Million
The community-driven crypto casino Rollblock aims to solve the issues plaguing the gambling market and eroding user trust. These issues include:
- Lack of transparency
- Trust
- Security
It does this by leveraging blockchain technology. The platform is fully licensed and is already generating revenue with thousands of active users. Rollblock offers over 150 unique games from ten major developers, and sports betting is also expected to be introduced in the following months.
Rollblock offers some of the highest APYs on the market. The casino will invest up to 30% of the weekly revenue to buy RBLK tokens. Half of this amount will be distributed to holders as rewards for staking or participating in events. The remaining half will be burned, reducing the total supply of tokens, which will drive up the price of RBLK in a sustainable manner.
Stage 4 of the RBLK presale is live and tokens have already increased in value by 70%, currently selling at just $0.017. Experts believe Rollblock could soar by over 800% by the end of its final presale stage. Moreover, as marketing efforts are ramping up and negotiations with major exchanges have started taking place, a 100x surge is to be expected by 2025. Given the low price of RBLK, this is not an opportunity altcoin investors want to miss out on.