Bitcoin Drops to One-Month Low – What’s Next for Chainlink?

Rollblock Presale Soars as GambleFi Protocol Hits New Highs

Bitcoin recently hit a one-month low, causing a market-wide decline. To mitigate losses, investors are diversifying their portfolios with altcoins like Chainlink and Rollblock, with Rollblock recently hitting a new all-time high. Analysts now believe this innovative GambleFi protocol could rally 100x in 2024, making it a huge hit in the presale space. 

Could Bitcoin Drop Below $50,000?

Bitcoin’s price has fallen 6% over the last week, causing it to drop below the support of $55,000. While Bitcoin quickly recovered, this decline created fear throughout the DeFi market, with several high-profile projects declining by over 10%. 

Bitcoin is currently trading at $55,774, and its daily trading volume is up by 5% to $32 billion. However, Bitcoin’s price has decreased by an additional 2.4% in the last 24 hours. Should Bitcoin continue to fall, analysts fear that BTC could drop below $50,000. Such a decline could send the market spiraling downwards. 

Chainlink Drops Below $10 Support

Chainlink has faced significant turbulence in 2024. After surging to annual highs of $21, Chainlink’s price has more than halved. Chainlink is currently trading at $9.96, having dropped below its $10 support. 

Chainlink’s daily trading volume is also down by 7%, suggesting that Chainlink holders are growing frustrated with the project's declines and are no longer buying the dip. If Chainlink’s sentiment continues to remain bearish, analysts believe that Chainlink could drop below $8 before the start of Q4. 

Rollblock (RBLK) Raises Over $3 Million In Ongoing Presale As Investor Numbers Surge

Rollblock (RBLK) Presale has attracted thousands of investors and raised over $3 million in the last few months despite Bitcoin’s price decline. This upcoming GambleFi protocol is now on track to outperform major altcoins like Chainlink (LINK) because of its plan to dominate the global gambling industry.

Rollblock uses blockchain technology to differentiate itself in the online casino industry. Unlike other iGaming platforms, Rollblock uses blockchain to secure all bets, ensuring that they can't be altered once placed. This transparency and security, coupled with Rollblock’s ease of access, has made Rollblock a big hit.

With over 7000 games to play in Rollblock’s casino, Rollblock is guaranteed to drive thousands of new players to place bets and earn RBLK as rewards. As the casino grows, investors also profit from Rollblock’s revenue-share model. Rollblock allocates up to 30% of casino profits to token burning and rewarding investors. By burning $RBLK tokens on the open market, Rollblock guarantees consistent growth for token holders.

Rollblock has a fixed supply of 1 billion $RBLK tokens. With only 60% available for the presale and at $0.025, Rollblock promises huge returns for investors who stack the tokens before the presale ends. Analysts predict that Rollblock could surge by over 800% before the end of the presale, making it a top DeFi token and one of the best altcoins to invest in this year.

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

Website:https://Rollblockpresale.io/

Socials: https://linktr.ee/Rollblockcasino

Also Read:- Rollblock Presale: Here Are 3 Altcoins Set To Break into the Billions Over The Next Year