Polygon is in the process of its rebrand as crypto exchanges prepare to list its new POL token. This could have a significant impact on the Polygon price, with some analysts suggesting that it could result in a rally. Meanwhile, thousands of eager investors are lining up to take positions in Rollblock ($RBLK), as this promising crypto casino launch looks set for massive 100x moves this cycle.
Polygon ($MATIC) User Activity Spikes Despite Price Giving Back Gains
Polygon has recently seen a surge in daily active addresses, which tracks the number of users making a transaction on-chain each day. Polygon saw a spike of 3,369 matic addresses being used to transact on the network, the second-highest value all year.
This increase in user activity may well lead to a surge in volatility, especially as the Polygon network is in the process of rebranding to Polygon 2.0. Major cryptocurrency exchanges are all gearing up to list the new trading pairs, which should see massive swings in price as liquidity is moved around the Polygon ecosystem.
A large number of dormant Polygon tokens have been on the move recently, which suggests that whales and early investors are taking profits as a result of the recent pump to $0.57. Polygon has since retraced and currently is finding support at $0.42.
If Polygon sees a sustained increase in buying pressure, a reclaim of the previous trading range around $0.55 will see it run into resistance at the 100-day moving average. Polygon’s price may well set its sights on the yearly highs north of $1.28 if all goes smoothly in the coming weeks.
Rollblock ($RBLK) Presale Drawing Huge Numbers As Price Soars
Rollblock ($RBLK) is on a mission to bring cutting-edge technological advantages of Web3 to the $450 billion gambling sector. On its casino, bets will always be recorded and encrypted onto the chain, removing any doubts about bet fixing. This will also mean that games on the platform can be proven to offer better odds than competitors.
Rollblock has another Web3 ace up its sleeve- no KYC is required, meaning registration is completely anonymous and free from any risk of data breaches. Users can simply connect their crypto wallets and start rolling the dice on over 150 casino classics. A much-requested sports betting feature is also in the works to allow betting on major international sporting tournaments.
Fully regulated and backed by Solid Proof and Gaming Curacao, the native token RBLK represents a game changer in the crypto gaming niche. The token can be staked for up to 30% in risk-free passive income, and holders will benefit from a unique revenue share mechanism. This will see the casino buy up the token each week using up to 30% of its profits, reducing supply and ensuring that price grows consistently over time.
Currently moving rapidly through stage 6, the Rollblock price offer is currently at just $0.024. This is set for another hike in the coming days, so investors are urged to hurry and make an allocation to this 100x crypto Casino upstart!
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