BNB Over 20% Down After New High; Its Holders Joining UNI Holders Buying Into Hottest New Presale Of 2024

The post BNB Over 20% Down After New High; Its Holders Joining UNI Holders Buying Into Hottest New Presale Of 2024 appeared first on Coinpedia Fintech News

The crypto marketplace is a fast-changing space. Some investors only dig in for bigwigs like Bitcoin and Ethereum. As a result, it’s no surprise that Binance Coin (BNB), is losing traders following its recent price correction. 

Industry chatter suggests these investors are moving on to Uniswap (UNI), a DEX (decentralized exchange) protocol for advanced traders. However, the truth is that most of them are gravitating toward Rollblock (RBLK), the hottest new token of 2024. Analysts project an 800% increase for RBLK during its ongoing presale, and there’s room for more gains once it lists on exchanges. 

BNB falters after hitting ATH

Although it’s largely known as a centralized crypto exchange, Binance also heavily favours decentralized exchanges. The ecosystem includes several DEXes, which makes the BNB a highly sought-after token. 

BNB experienced remarkable price growth over the years. In 2021, it hit an ATH of $660 after a rapid price burst. This was followed by a slow depreciation as the bear market hit the crypto industry. 

The same thing happened at the start of the current bull cycle. BNB was priced at $212 towards the end of last year but steadily shot upwards to hit a new ATH of $720 in early June. Today, Binance Coin has dropped to $569, which is a 20% depreciation from its last ATH. 

The decline was accompanied by an almost 50% drop in daily trading volume. This suggests that BNB holders could be offloading their holdings for another token. 

Uniswap: Trading volume steady in spite of price drops 

Uniswap is a DEX that utilizes smart contracts to create liquidity pools for seamless exchange of digital assets. It’s also a growing network of decentralized finance applications. These apps rely on smart contracts and allow traders to practice and execute DeFi trading strategies. 

Since its launch, Uniswap has grown to be a top destination for advanced crypto traders. Several billion dollars worth of tokens have been exchanged via the DEX. And it’s because Uniswap offers trading pairs that aren’t usually seen on centralized platforms. 

The Uniswap token quickly shot up after it was launched, hitting an ATH of $43 in May 2021. Several corrections after and the last crypto winter brought it down to a low of $4. Today, the token exchanges for $9.27, which is a 15% drop on the monthly scale and 7% on the weekly price chart. 

Nevertheless, UNI’s price drop is accompanied by steady daily trading volume over the last week. It’s possible UNI will make a comeback in the future.  

Rollblock presale keeps attracting crypto investors 

Rollblock is a brand new project positioned to disrupt the $450 billion gambling industry. Unlike most tokens, Rollblock occupies this unique category with unlimited prospects. According to figures from Statista, the gambling market is expected to be worth $744 billion by 2028. 

Also, Frank Fahrenkopf, ex-president of the American Gaming Association, believes that “the  internet is the new frontier for gambling, and online casinos are leading the way.” 

This massively boosts the potential of Rollblock as an upcoming powerhouse in the digital space. That’s because it offers innovative solutions via transparency, trust, and the use of cutting-edge AI technology. This is in the form of a KYC-less online casino where anyone can play games and earn. 

To use Rollblock, you only need an email address and nothing else. You open an account, make a deposit, and start playing and earning. There are hundreds of games available with instant wins and payouts. Rollblock’s play-to-earn program gives users a tokenized cashback for playing these games. 

There’s also a hold-to-earn program that rewards RBLK holders with a percentage of the daily income generated by the platform. In essence, Rollblock is packed with attractive features, which makes its ongoing presale a constant investor magnet. 

During the presale, about 600 million tokens are available to the public, and the price is currently $0.0145 per token. Analysts say RBLK would surge 800% during the presale period, with room for further appreciation later on. 

Don’t miss out on Rollblock 

BNB’s price corrections, following its recent ATH, seem to have sent investors in the direction of UNI, a top DEX in the DeFi space. However, Rollblock is drawing in more investors as analysts expect the token to make an 800% during the presale stage. There are talks of a 100x price gain once the token lists on exchanges, and only early investors can benefit from this windfall. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino