The recent crypto crash saw meme coins plummet as coins with more obvious utility bounced back with strength, including Polygon (MATIC) and Binance Coin (BNB). Rollblock ($RBLK) defied the wider market dump by making new highs over the weekend, as experts call for gains of up to 200x in 2024. Let’s find out why.
Polygon (MATIC) Price Struggles Despite Adoption
Polygon (MATIC) fell to $0.38 during the recent market dip and holders find themselves down a whopping 45% over the last 3 months. There are, however, signs that Polygon is becoming more widely adopted as over 1.8 million new polygon addresses were created on-chain recently.
The 100-day moving average currently lies in wait overhead at $0.44, which is bound to be a source of resistance as Polygon climbs back up through previous ranges. Polygon holders will be hoping that support at $0.35 holds and that a base can be built here to launch Polygon back to the range highs above $0.46.
Binance Coin ($BNB) optimism returns after SEC backs down
Binance Coin (BNB) has recently received word from the SEC that it will no longer face allegations that third-party coins on the Binance platform were being sold illegally as unregistered securities. This is hugely bullish for Binance Coin, and for all coins in the larger Binance ecosystem. According to experts, it could send Binance Coin’s price soaring during the next bull market.
Binance Coin’s recent token burn saw over $978 million worth of Binance coin burned from supply, which will also lead to a bullish rally in weeks to come. Binance coin is down 19% on the weekly time frame, but a strong bounce from the intraday lows of $400 would indicate that more upside is to follow.
Rollblock ($RBLK) Crypto Casino Has An Ace Up Its Sleeve In Innovative Revenue Share
Rollblock ($RBLK) is on a mission to disrupt the $450 billion online gambling industry. By leveraging the latest in web3 technology, bets cannot be tampered with after they are placed. Furthermore, sign up is KYC free and anonymous. Players can simply connect a crypto wallet and deposit one of over 20 accepted cryptocurrencies to get started.
The platform showcases over 150 different games which are powered by AI and offer provably better odds than competitors. Payouts are made using the native token RBLK, which is set to see supply decrease thanks to an innovative buyback and burn scheme.
Each week the casino will use up to 30% of its operating profits to buy RBLK on the open market, sending half of these coins to stakers and burning the remaining coins. As demand goes parabolic this year, supply will dwindle on exchanges, a recipe for incredibly bullish price action.
Experts are calling for explosive 100x gains in 2024, and stage 5 coins are already selling out fast at the $0.020 price point!
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