Binance Coin (BNB) and Dogecoin (DOGE) Decline, But Rollblock (RBLK) Gains Momentum With Unique GambleFi Features

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The crypto market appears to be slipping back into a bearish state as news of the approval of eight spot Ethereum ETFs gradually wears out. Top altcoins like Binance Coin and Dogecoin which recorded gains after the announcement, are now showing losses. Meanwhile, is recording price gains after seeing a 40% rise in value over the last three weeks its GambleFi Features have made it a top choice among gamers, gamblers, and even crypto lovers!

Binance Coin (BNB) Drops Below the $600 Mark

After trying to surpass its current ATH several times and failing, Binance Coin (BNB) bulls appear to have given up. Now, the altcoin price has fallen below the $600 mark, affected by the current price fluctuations in the crypto market and the influence of the Binance regulation from some countries.

More to that, different analysts have predicted a very fast reversal of the trend. While looking at technical indicators, it is evident that Binance Coin will continue to drop even lower in the short run. Hence, the RSI and the MFI depict weak buyer pressure compared to sellers. It would be crucial for Binance to reclaim the $600 range if Binance Coin is to extend its upward price action in days to come.

Dogecoin (DOGE) Price Drops, Analysts Remain Bullish 

Dogecoin (DOGE) is one of the altcoins that benefited from the rally that took place in the crypto market after the approval of spot Ethereum ETFs. However, DOGE was not immune to the ongoing market correction either.

Data from CoinMarketCap revealed that the Dogecoin price has declined on the weekly chart to the $0.1500 support level. This has lowered the monthly and yearly increase in its price to as low as 28.2% and 122.2%, respectively. Still, analysts are optimistic that the altcoin price could increase from its current value of $0.1584 to $0.300 over the course of the next several weeks.

Rollblock (RBLK) Outperforms Binance Coin and Dogecoin 

While Dogecoin and Binance Coin have dipped on the price chart, (RBLK) is growing. The price of its native token, RBLK, has pumped by 40% to a current value of $0.014. Analysts have tagged it the best cryptocurrency to buy now as there are more profits on the way. Also, the DeFi project has raised over $650,000 in funding, thanks to the mad rush from retail and wholesale investors.

Rollblock is riding on the massive interest shown for gambling coins in the market. Its gaming ecosystem aims to transform the GambleFi sector, which is worth billions of dollars. It closes the gap between centralized and decentralized games, providing the best of both worlds. Rollblock is the first-ever casino in the world to be backed by the community, ensuring security for all and transparency in its transactions.

On Rollblock, all transactions are recorded on the blockchain, making them unchangeable and increasing transparency. In addition to this, the DeFi project offers privacy to its users; hence, one does not need to go through any KYC verification on the Rollblock ecosystem.

All one has to do is sign up with email, deposit crypto, and start playing the games and winning cool cash and other gaming assets. RBLK is used to make payments of fees to purchase betting tools and get staking rewards. Most importantly, RBLK gives holders exclusive rights to some games and privileges in the distribution of offers, from promotions to cashback and so on. This is why the RBLK token is the best cryptocurrency to buy now.

In Summary

The top altcoins, the Binance Coin and Dogecoin, continue to register declines on the charts. Also, the new project, Rollblock, has increased by 40% and is currently at $0.014. Market experts believe that based on its potential, the value of the RBLK will reach as high as $1 before the close of this year.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

 

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