Ethereum

Spike

Polkadot

Ethereum and Polkadot investors are bracing themselves for losses, but Rollblock’s early investors know that they’ve made a profitable investment. As established tokens struggle to hold their ground, Rollblock’s new crypto casino is making waves with nearly $3M raised in presale.&nbsp;
<h3 id="strong-is-ethereum-eth-losing-to-layer-2-networks-strong">Is Ethereum (ETH) Losing to Layer-2 Networks?</h3>
Ethereum might be the second largest crypto by market cap, but it is quickly losing traction to Layer-2 competitors. After an intra-day dip of over 4%, Ethereum is currently trading at $2,623.33. This downtrend has been consistent over the past month as Ethereum’s fee revenue dropped significantly with L2 networks gaining more users, threatening to become independent L1 systems themselves and abandoning ETH for good.&nbsp;
Even the ETH/USD daily chart is looking bearish with Ethereum trading below its moving averages and flashing strong sell signals. Technical oscillators like the Momentum Indicator and Bull Bear Power are also hinting at bearish dominance, suggesting that Ethereum could face further dips in upcoming weeks.&nbsp;
<h3 id="strong-polkadot-dot-to-see-steeper-declines-in-q4-strong">Polkadot (DOT) to See Steeper Declines in Q4</h3>
After recording monthly losses of over 23%, Polkadot’s current trading price is down to $4.52. With another 3.32% decline in value today paired with a 3.05% uptick in trading volume, Polkadot is looking bearish ahead of Q4.&nbsp;
According to the DOT/USD daily chart, Polkadot is trading below all its exponential and simple moving averages, hinting at strong bearish dominance. As Polkadot’s RSI is trending downwards, analysts believe Polkadot could see a steeper decline to $3.94 and $2.26 before a potential reversal.&nbsp;
<h3 id="strong-rollblock-rblk-ecosystem-soars-with-new-investors-strong">Rollblock (RBLK) Ecosystem Soars with New Investors</h3>
Rollblock’s crypto-native casino sits at the juncture between the $500 billion online gambling market and the $2.18 trillion crypto industry, making this new GambleFi protocol perfectly positioned for massive gains. In only 3 months, Rollblock’s price has rallied 120% with over 10K early investors. As the market kicks off a bull run in Q4, analysts are tipping at Rollblock to become the next 100x crypto!
With over 150 AI-powered games to choose from, Rollblock is giving crypto investors a new way to make huge profits. Since Rollblock’s casino is backed on the Ethereum blockchain, traders don’t have to worry about bet fixing, altering, or manipulation. The best part about Rollblock’s casino is that it has no KYC checks, meaning traders can easily sign up by linking their wallets and depositing any of the 20+ compatible cryptos. With security and transparency at the forefront, Rollblock is fully audited and licensed by both Solid Proof and Gaming Curaco.&nbsp;
Aside from being a play-to-earn dApp, Rollblock’s native $RBLK also offers utility on its own. Early investors are entitled to exclusive VIP benefits that include tiered bonuses based on their RBLK holdings. To make things even better, Rollblock also has a profit-sharing model where traders can stake RBLK to earn weekly staking rewards with up to 30% yield.
Currently wrapping up stage 5 of presale with only 15% of tokens left, Rollblock’s RBLK is selling on the official website for a low price of just $0.022 per token. As demand soars through the roof, analysts project Rollblock to experience an 800% surge before its official launch on the open market.&nbsp;
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: <a href="https://rollblockpresale.io/" target="_blank" rel="noopener noreferrer nofollow">https://rollblockpresale.io/ </a>Socials: <a href="https://linktr.ee/rollblockcasino" target="_blank" rel="noopener noreferrer nofollow">https://linktr.ee/rollblockcasino</a>&nbsp;
The post <a href="https://www.ethnews.com/ethereum-and-polkadot-lose-ground-but-one-new-altcoin-is-seeing-a-huge-spike-in-volume/" rel="noopener noreferrer nofollow">Ethereum and Polkadot Lose Ground but One New Altcoin is Seeing a Huge Spike In Volume</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

Ethereum and Polkadot Lose Ground but One New Altcoin is Seeing a Huge Spike In Volume

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