Experts tip Rollblock to lead but fear for exchange tokens like BNB, CRO
The post Experts tip Rollblock to lead but fear for exchange tokens like BNB, CRO appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rollblock’s new crypto casino, set to grow massively, grabs attention as BNB and Cronos falter. The crypto market is more unpredictable by the day. Exchange tokens like BNB and Cronos were expected to rally this quarter, but their performance has been disappointing. Now, all eyes are on Rollblock’s (RBLK) new crypto-based casino, which is set to grow 800x by the end of Q4. BNB’s falling price could fuel bearish momentum BNB (BNB) has seen a huge downturn recently, with the altcoin dropping by 9% during the past four days. According to Coinmarketcap, BNB is currently trading at $576.83. It is testing the crucial support level of $555, and if the price falls below this, then investors may face more short-term losses. The bears are ready to take over BNB in the next quarter. For now, the only way to avoid this is if BNB manages to hold above its support. Analysts unsure about Cronos’s future in volatile market Cronos (CRO) hasn’t delivered the gains it promised. According to Coinmarketcap, Cronos is trading at $0.09085 after an intra-week decline of nearly 2%. Even if Cronos hits the $0.3 mark by the end of 2024, it is unlikely that the token will reach its all-time high any time soon. The only thing that could save Cronos now is if the developers keep introducing innovative community-building initiatives. However, if Cronos fails to live up to its vision and stance, then the negative criticism could push the price down even further. Rollblock tipped to become a top defi token While exchange tokens like BNB and Cronos are showing little growth potential, Rollblock’s new crypto casino is making waves in the crypto world.…
Filed under: News - @ July 29, 2024 6:14 am