Note: This article is not intended as investment advice. The information presented here is solely for educational purposes.
As the cryptocurrency market struggles, holders of XRP and Pi are increasingly turning to Rollblock, a growing GameFi altcoin that has already achieved $11.1 million in presale funding.
Amidst a significant downturn in the crypto market, numerous XRP and Pi coin holders are on the lookout for more promising alternatives to safeguard and enhance their investments. This heightened interest in viable options has led a surge of investors to Rollblock – an emerging GameFi altcoin that is swiftly gaining popularity for its innovative take on blockchain gaming.
Having already raised $11.1 million during its presale, Rollblock has positioned itself as a formidable player in the industry. Its rapid growth and solid fundamentals are raising expectations that it could become the biggest GameFi presale of 2025. If this trend continues, there’s speculation that a rally above the $1 threshold could be imminent.
Can XRP surpass $3 in 2025?
XRP is currently trading around $2 following a 13% decline over the past week, placing it at a crucial support level. The price briefly rebounded to $2.11 from $2.03, but it’s uncertain if XRP can maintain its standing above the $2 region. Trading volume increased by 35% to over $4 billion, yet open interest in XRP futures remains unchanged, reflecting uncertainty and a lack of robust trader confidence.
On-chain analyses offer a mixed perspective. TradingView indicates that XRP’s Market Value to Realized Value ratio has dipped below its 200-day moving average, a bearish indicator often causing further declines. However, some analysts speculate this might suggest early accumulation, particularly with XRP options volume surging by 125%, hinting at increasing bets on a move toward $2.50.
The ongoing SEC lawsuit involving Ripple adds another layer of uncertainty. Although both sides have opted not to pursue cross appeals, a final resolution remains elusive. Some anticipate a settlement by August, but timelines are inconsistent. With both technical and legal factors in flux, XRP’s next steps will largely depend on whether bulls can defend the $2 level and regain upward momentum or if selling pressure prevails.
Pi coin halts decline after gaining a significant listing
Currently priced at around $0.71, Pi coin has suffered a sharp 22% decline in the past week, now just above its historic low of $0.62. TradingView data indicates a bearish trend, with the Average Directional Index surpassing 25, suggesting a strengthening downtrend. Simultaneously, Pi coin’s Chaikin Money Flow remains negative, demonstrating continued capital outflows and low investor confidence.
Although there has been a slight uptick in the CMF suggesting minor inflows, it hasn’t been sufficient to alter the overall sentiment. Pi coin’s recent inability to reclaim $0.87 as a support level has added to the downward pressure. While the recent listing on BTCC Exchange spurred a temporary spike in interest, it has yet to result in sustained buying momentum from Pi coin investors.
One potential stabilizing factor for the token is the considerable amount of Pi coin currently locked – exceeding 124 million tokens. This reduction in circulating supply could alleviate sell pressure and pave the way for a possible rebound, particularly if general market sentiment improves.
Rollblock initiates $100k giveaway for its backers
The online gaming sector is set to exceed $150 billion in revenue by 2025, however, an increase in fraud – up 64% over the past two years – continues to challenge the industry. Rollblock is tackling this issue by developing a completely secure, blockchain-based gaming platform on Ethereum.
Rollblock offers more than 8,000 AI-powered games, including live casino tables and sports betting options. Every result is recorded on-chain, ensuring transparency and mitigating the risk of tampering. This commitment to trust and performance is driving its swift adoption.
Rollblock raised more than $1 million in March through its presale and attracted 15,000 new players. Deposits and overall activity surged, drawing the interest of prominent web3 influencers like YouTuber Freddie Finance, who commended the project’s potential.
To promote further development, Rollblock has launched a $100,000 RBLK giveaway. Ten winners will each receive $10,000, with additional entries available through simple community tasks like posting, inviting friends, or sharing memes.
Could RBLK reach $1 this cycle?
RBLK serves as the primary utility token within the Rollblock ecosystem, utilized for transaction fees, staking, and generating passive income.
With its supply capped at one billion tokens, RBLK stands out as one of the initial deflationary assets in GameFi. Rollblock’s revenue model further enhances its value – up to 30% of platform revenue is allocated to token buybacks, with 60% of repurchased tokens being burned and 40% distributed to stakers.
Currently priced at $0.062, RBLK has experienced a remarkable increase of 520% from its initial presale price of $0.01. As excitement builds, many investors view a target of $1 as feasible by the end of 2025, outperforming established web3 players like Pi coin and XRP.
For more detailed information about Rollblock, visit the official website or their social media pages.
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