Can It Surpass Binance Coin & Avalanche?
The post Can It Surpass Binance Coin & Avalanche? appeared on BitcoinEthereumNews.com.
SPONSORED POST* Buoyed by its impressive features and standing, Rollblock’s native token is likely to rival tokens such as Binance Coin (BNB) and Avalanche (AVAX). In its 6th presale stage, with a token price of $0.03, and a sale close to $4 million raised to date, Rollblock’s brilliant revenue sharing model offers token holders a share of the platform’s profits. With experts in the know saying it could climb a staggering 200x by 2024, the question is why a little-known newcomer might be able to topple both BNB and AVAX. So, let’s look at what Rollblock brings to the table. Is the Avalanche (AVAX) bull run about to come to an end because of October unlocks? The expected token unlocks for Avalanche (AVAX) in October can lead to a price decline for the cryptocurrency. Every three months, around 9.5 million Avalanche (AVAX) tokens have been released until August 2024. After that, the quantity is set to decrease to roughly 1.7 million until July 2030. The tokens that were released in 2023 and 2024 are now staked, therefore they won’t be added to the supply until early 2024 Q2. As market participants wait for more developments, this has injected some unpredictability into the situation. Weekly gains are around 14.59% for AVAX, showing a general upward trend despite a little decline. As the unlocking gets closer, investors should proceed with caution as prices fluctuate between $26.84 and $27.40. Binance Coin’s latest moves: Can it maintain its dominance in the crypto market? Binance Coin (BNB) is currently facing a challenge with slight price volatility, trading at $600 recently with a trading volume of $113.321K. Despite a minor dip, investor attention is building due to the anticipated release of Binance CEO Changpeng Zhao. This potentially could have significant implications for the token’s future. Although…
Filed under: News - @ September 27, 2024 8:25 am