Rollblock Bucks the Trend Displaying Consecutive ATHs as Notcoin and Polygon Slide!
The post Rollblock Bucks the Trend Displaying Consecutive ATHs as Notcoin and Polygon Slide! appeared on BitcoinEthereumNews.com.
The crypto market is in turmoil, while some projects soar, others continue to face disruption, such as Notcoin (NOT) and Polygon (POL). Meanwhile, a new contender is tearing through milestones, capturing the attention of investors who are looking for low-cap gems with untapped potential. Let’s talk about crypto casino Rollblock and why its viral presale has already raised nearly $5 million in record time. Notcoin Is Heading Towards The Bottom, Will It Rebound The picture is not rosy for Notcoin (NOT) as it dropped by more than 13% over the last month alone. For more than two months, Notcoin’s price hovered around the $0.0075 mark with minor deviations in either direction. In the past few weeks, Notcoin breached the key support level and plunged to $0.0064. This downfall is surprising as on the technical front Notcoin has been showing significant promise, becoming one of the most successful Telegram games with over 40 million players. Notcoin’s current struggles could partially stem from the fallout of Toncoin’s decline, as its platform is Notcoin’s base operative layer. Polygon Is Declining Rapidly Polygon (POL) has entered bearish price discovery as it plunged below the crucial $0.40 support. At press time, Polygon sells for $0.32 with a 4.5% intraday decrease and a 14.5% monthly drop. Polygon’s decline seems to be part of a broader bearish trend affecting Ethereum L2 blockchains. Arbitrum and Optimism are also facing significant disruption, which could be a direct result of Ethereum’s indecisiveness and the rise of other, more advanced Layer 1 protocols. At the beginning of September, Polygon’s native token, MATIC rebranded to POL/ This overhaul introduced a more dynamic token that powered a wider set of functions in the Polygon ecosystem such as block generation, zero-knowledge proof generation, and participation in Data Availability Committees (DCAs). However, by the looks…
Filed under: News - @ November 5, 2024 12:12 am