Rollblock Makes Another New High As It Approaches $5M Milestone, Fantom Nears Sonic Upgrade, HBAR Price Tumbles

Key Takeaways
  • Rollblock closes in on $5 million presale as demand for $RBLK soars.
  • Fantom’s Sonic Network upgrade could push FTM to the $1 mark.
  • Hedera battles bearish trends but remains attractive for institutions.
26-10-2024 Deepak Choudhary
Rollblock Makes Another New High As It Approaches $5M Milestone, Fantom Nears Sonic Upgrade, HBAR Price Tumbles

Rollblock Nears $5M Milestone as Fantom and Hedera Strive for Gains

Rollblock continues to capture investor attention and recently hit another new high, inching closer to its $5 million milestone in presale funding. Meanwhile, Fantom is preparing for its highly anticipated Sonic Network upgrade, which could further cement its status as a key player in the DeFi space. In contrast, Hedera’s HBAR token is facing downward pressure. With major developments afoot, the market is watching closely to see how these projects evolve in the coming weeks with Rollblock set to lead the way into 2025.

Fantom: A Scalable Powerhouse for DeFi–Could Prices Reach $1?

Fantom’s position as a DeFi leader is being driven by its upcoming upgrade, enabling the network to process transactions rapidly, securely, and at low cost. As such, Fantom has become an attractive platform for developers seeking scalable DeFi solutions. Fantom has seen its price surge by 80% in the past month, with its current trading price at $0.6912, and analysts predict it could reach $1 in the near future with a possible $0.86 by the end of this month. 

Hedera Is Navigating Bearish Trends 

Hedera is currently trading at $0.05121, showing a more modest daily increase of 0.43%. However, Hedera’s past month hasn’t been as positive and the token has seen a 10.53% dip. Analysts believe this to be a short-term bearish trend, with prospects remaining strong long-term. This belief is driven by increasing institutional interest and real-world applications with Hedera. To initiate a bullish turnaround, Hedera must break above the critical resistance level of $0.064. While investors remain rightly cautious, the foundational technology of Hedera, including its energy-efficient consensus algorithm, continues to attract attention.

Rollblock Makes Strides Towards $5M Milestone

While Fantom makes waves with its upgrade and Hedera navigates bearish trends, Rollblock Presale is making significant strides in its presale, having amassed close to $5 million so far. 

Built on the Ethereum blockchain, Rollblock’s GambleFi project features a unique online DeFi casino with over 7,000 games, including traditional table games and live dealer experiences. Additionally, the platform is set to introduce a sportsbook, further expanding its appeal to both crypto enthusiasts and gaming and betting fans. 

All wagers on the Rollblock platform are made using the native $RBLK token, which is currently priced at $0.0318, having increased by over 350% so far.  Yet, it’s Rollblock’s innovative revenue-sharing model that is generating attention above both Fantom and Hedera. 

Each week, up to 30% of the online casino revenue is used to buy back $RBLK tokens, with 60% immediately burned and 40% returned to players as staking rewards. This rewards users twofold: investors see increased ROI with their staking rewards while also seeing the token value rise due to increased scarcity caused by the token burns. 

The platform’s upcoming 8th presale stage will see the price increase to $0.0315, reflecting the growing confidence in its potential with stage seven tokens selling out fast. 

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

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

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