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Cryptocurrency News Articles
Solana and Toncoin Investors Bet Big on Rollblock ICO for the Next Bull Market
Nov 02, 2024 at 06:00 pm
Which coins are the biggest beneficiaries in a crypto bull market? Many people think it is established tokens like SOL and TON.
Solana (SOL) and Toncoin (TON) investors are keeping a close eye on upcoming Web3 casino token Rollblock (RBLK) as they prepare for the next bull market. Here’s why these investors are betting big on RBLK.
Solana price rallies after a disappointing start to “Uptober”
October is usually associated with crypto bull markets, but Solana price action was quite disappointing in the first half of the month. However, SOL made up for lost ground in the second part of the month, appreciating by double digits to reach a price level above $170.
This reflects the massive support behind the Solana ecosystem, which also saw it match Ethereum’s weekly trading volume. Solana might go on to cross a much coveted $200 price point, but how much gain would that fetch investors?
Are Toncoin holders jumping ship?
Toncoin enjoyed a meteoric price rally that saw TON hit an all-time high of $8.1 last June. However, since then, TON has lost most of the gains it made, in quite a volatile manner. At the moment, it trades at around $5, which is more than a 30% drop from its earlier price.
To make matters worse, TON performed terribly in “Uptober”, shedding more than 10% of its value during a month that is usually associated with crypto price booms. In addition to that, TON’s daily trading volume has also been dropping steadily.
This signifies that TON holders are jumping ship and seeking greener pastures elsewhere, which is something that began happening after TON enjoyed a massive price rally earlier in 2023.
The bottom line
As a new crypto bull market beckons, Rollblock presents itself as the standout investment option, thanks to its strong fundamentals and the potential for early investors to enjoy a decent ROI.
Currently in presale stage 7, Rollblock has appreciated by over 200% already, with millions of tokens still available at just $0.033. The belief is that the token would be appreciated by a total of 800% during the presale stages. By the time Rollblock gets listed on exchanges, who knows how high the price will soar?
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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