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Kriptoteka > Market > Gaming > Toncoin Stalls as Investors Turn to Surging Altcoin Rollblock
Gaming

Toncoin Stalls as Investors Turn to Surging Altcoin Rollblock

marcel.mihalic@gmail.com
Last updated: September 22, 2024 1:17 pm
By marcel.mihalic@gmail.com 5 Min Read
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Contents
Toncoin price stagnates as investors turn to new altcoinRollblock: one of the most sought-after crypto in iGaming

Disclosure: This article is not intended as investment advice. The information and materials presented on this page are for educational purposes exclusively.

Rollblock experiences a remarkable 170% increase in presale, drawing the attention of Toncoin investors amidst adverse news, with forecasts predicting 880% returns.

Rollblock (RBLK), a fresh altcoin based on Ethereum, is captivating Toncoin investors with its appealing profit-sharing model and immense growth potential.

This attraction is occurring during a wave of negative headlines surrounding the Toncoin (TON) community, including Durov’s arrest in France and the potential prohibition of Telegram in Indonesia. As a result, the prevailing bearish sentiment has driven TON’s price down by over 16% within the last month.

During its presale, RBLK recorded an impressive 170% rise, with investors committing over $3.7 million by stage 6. Discover why analysts praise Rollblock as the leading crypto ICO of 2024, projecting enormous 880% yields for this new altcoin.

Toncoin price stagnates as investors turn to new altcoin

TON surged from its 2023 low of $1, reaching a peak of $8.2 in June 2024 for an impressive 8x yield. The subsequent profit-taking behavior triggered a bear run, bringing TON down to a low of $4.8 during the crypto downturn on Aug. 5.

Fortunately, Toncoin was listed on Binance on Aug. 8, allowing more traders and investors access. The new liquidity influx during the dip propelled TON up by 50% to $7.2.

Toncoin was poised to break its all-time high when the negative news surrounding Telegram’s CEO’s arrest broke, creating an atmosphere of fear, uncertainty, and doubt (FUD). This led to a massive selloff, and TON plummeted, losing nearly all of its August gains, settling at $4.44 by September.

The $4 range has historically been a strong demand zone for Toncoin, which has bounced back from this level multiple times in the past. Increased buying activity pushed TON back to the $5.7 range by Sept. 19. As of this writing, TON has seen a monthly decline of over 16% and is expected to continue accumulating within the $4-$5 range.

According to CoinCodex, TON is anticipated to fluctuate between $5 and $18 for the remainder of the year. Despite this, TON remains a robust crypto asset with a strong foundation, focusing on developing a decentralized internet accessible to all.

However, for passive income and potentially higher end-of-year yields, investors are exploring opportunities in the most popular crypto within GambleFi.

Rollblock: one of the most sought-after crypto in iGaming

Rollblock is an innovative AI-driven GambleFi protocol on Ethereum. This gambling dApp aims to revolutionize the multi-billion dollar gambling industry with fair gaming technology and smart passive income strategies for investors.

In contrast to traditional casino platforms, Rollblock logs bets and transactions on the Ethereum network, making all player actions transparent and verifiable. Neither the house nor the players can manipulate gaming outcomes, ensuring fairness in gameplay.

Toncoin investors are excited about Rollblock’s investment opportunities: a weekly dividend distribution and attractive staking rewards of up to 30% APY for token holders. There are also plans for regular token burn events, providing organic returns to investors through token appreciation.

RBLK represents not only an outstanding passive income blue chip but also a powerful growth asset. The iGaming market is an enormous $540 billion sector. Transforming this lucrative space with advanced betting strategies will establish Rollblock as a premier gambling platform.

This could propel RBLK’s market cap into the billions, elevating the token price significantly. Crypto analysts forecast a parabolic return exceeding 100x for RBLK holders, marking this new altcoin as a prime asset for passive yields and growth.

For more details, visit the Rollblock presale website or join the online community.

Disclosure: This content is supplied by a third party. crypto.news does not endorse any products mentioned herein. Users should conduct their own research before making any decisions related to the company.

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