Chainlink and Solana To See Further Downside, 14K Sign Ups and $3.3M Raised See’s Investor Hedge with New Altcoin
The post Chainlink and Solana To See Further Downside, 14K Sign Ups and $3.3M Raised See’s Investor Hedge with New Altcoin appeared on BitcoinEthereumNews.com.
The Rollblock (RBLK) crypto-powered casino makes it a breeze for iGaming enthusiasts to play games online. RBLK, its native token, is a hot new altcoin in Ethereum GambleFi. It’s driving investors crazy with incredible investment opportunities. As Chainlink (LINK) and Solana (SOL) holders reel in losses, RBLK surged 150% in presale, rewarding first-movers with 2.5x returns. But the new altcoin crypto party is far from over. Analysts predict staggering returns past 880% in presale! Chainlink price (LINK) sinks 37% in 90 days Per Binance data, LINK registered a meager 3% return in the past month, bringing its 3-month losses close to 37%. The prolonged bearish run had pushed LINK down to a low of $8 in August. In the 2022-2023 bear market, LINK consolidated in the $4-$8 range for more than 15 months, breaking out to hit the $22 cycle high in March. That makes the $8 zone a vital monthly support and killer buy zone for LINK. Heavy buying power rotated it 50% back up, but the bullish steam died at $12, tossing LINK down to hover in the $9 region by Sep. 7. Analysts predict LINK could dive deeper to consolidate in the $4-$8 zone before a potential breakout. To minimize the downside, investors are betting big on the new altcoin in GambleFi. Solana (SOL) posts nearly 12% monthly loss SOL is one of the hardest hit cryptos in the ongoing marketwide correction. It lost 12% of its value in the past month, pushing its 90-day losses close to 20%. The charts show SOL closed August in the red and was already in a red streak in September. After dipping to $110 on Aug. 5, SOL rocketed to the $160 region, facing crippling selloffs twice. It appeared SOL was spiraling down to consolidate in the $120 weekly zone…
Filed under: News - @ September 10, 2024 7:28 am