Recent days have seen substantial changes in the cryptocurrency market. Sui and Bitcoin are showing steady growth, but Rollblock is leading with an impressive 160% surge.
Sui’s Growth Expected to Continue
Sui began its upswing on September 6 when it finally broke out of sharp bearish pressure and turned bullish across the charts. Ever since Sui upgraded to a Mysticeti protocol, its consensus time has dropped to 390 milliseconds, which attracted a huge influx of new investors. Sui’s open interest has also reached a six-month peak by soaring over 35% in the last 24 hours. Furthermore, the launch of a new Sui Trust Fund by Grayscale will expose even more investors to Sui. Sui is currently trading at $1.16 after another impressive intra-day surge of 6.69%. If this bullish momentum continues, Sui’s price is expected to climb to a new high of $2.10.
Bitcoin Shows Signs of Investor Confidence
Despite analysts projecting huge declines across the crypto market if the Federal rate cuts are approved, Bitcoin’s price has shown resilience by staying relatively stable. Historically, Bitcoin’s price has experienced upswings in October if it only records single-digit declines throughout September. At press time, Bitcoin was trading slightly above $59,732 after a 2.49% intra-day increase. Support from presidential candidate Donald Trump has also played a role in bolstering Bitcoin’s position. As a result, Bitcoin’s price appears poised for further growth, currently trading above its 50-day and 200-day EMAs. If buying pressure continues from investors, Bitcoin could test the $66,494 resistance and climb to $70,000 in October.
Rollblock Surges 160%
Rollblock (RBLK) is a new crypto-based casino that integrates blockchain technology with the highly popular iGambling model. By combining decentralized and centralized gambling, Rollblock has launched a revolutionary casino that not only solves security issues through blockchain technology but also has its own native utility token that offers long-term sustainability. Unlike typical online casinos, Rollblock records every transaction, metric, and bet directly on Ethereum’s immutable blockchain, making it the safest and most transparent casino on the market. With this strategy, Rollblock's native RBLK is already poised for 100x growth as the global gambling industry is valued at over $500 billion per annum. In addition to offering 7000+ AI-powered games built on the latest Web3 technology, Rollblock encourages traders to become long-term investors in its ecosystem through staking rewards. Every week, Rollblock purchases RBLK on decentralized exchanges and distributes half of these as staking rewards to long-term holders. To further enhance RBLK’s utility, Rollblock offers exclusive games accessible only via the platform’s native token. With analysts projecting 880% gains for Rollblock before the presale ends, the current selling price of $0.026 presents an attractive opportunity.
Sui and Bitcoin are demonstrating steady growth, while Rollblock captures market attention with its impressive surge. These trends are expected to continue, providing investors with new opportunities.
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