Kaspa and Toncoin Slide on Middle East Tension; Investors Are Hedging Their Bets With Cryptos Fastest Growing Presale
The post Kaspa and Toncoin Slide on Middle East Tension; Investors Are Hedging Their Bets With Cryptos Fastest Growing Presale appeared on BitcoinEthereumNews.com.
The world is on the brink of escalating tensions and the crypto markets have been rattled by the rising threat of conflict. Kaspa and Toncoin have both crashed in the recent dip, while investors continue allocating to the popular Rollblock (RBLK) presale, as experts see this web3 casino as a safe haven for potential 100x gains this cycle. Let’s find out why! How Low Will Kaspa (KAS) Fall? Kaspa fell 3.4% in the last 24 hours to settle around $0.14. This comes after a concerning 42% decline in 24-hour trading volume, as Kaspa traders pack up and move on to other chains with more activity. Kaspa has frustrated its holders lately by failing to follow through on the positive momentum that sent it above $0.20 in early August. The current dip may well just be a fake-out below support, as many Kaspa holders believed $0.15 would hold. This area has been tested multiple times this year, and the next likely support for Kaspa lies at $0.11. Toncoin (TON) Tap Apps Provide Novel Crypto Use Case Toncoin has also fallen recently in the current crypto slump, losing 3% of its market cap today to land at $5.29. Toncoin has recently seen its number of active addresses surge beyond 11 million, a bullish sign for Toncoin’s adoption that reflects its vast user base based on the popular Telegram messaging app. The recent boom in Toncoin ‘tap apps’ has sent adoption flying, which could well propel Toncoin back to levels above $8 in the coming weeks. Forward Thinking Casino Presale Rollblock (RBLK) Delivers On Hype Many holders of Kaspa and Toncoin are now hedging their positions with exposure to the promising Rollblock (RBLK) presale. Rollblock is changing the game for online casinos, by introducing the ultimate wild card in the form of blockchain…
Filed under: News - @ October 5, 2024 6:21 pm