Kaspa is under strong selling pressure as its short and long holders fight for dominance. MANTRA is following a similar trend as the token faces a pullback after its exponential post-election rally. Meanwhile, savvy traders are betting on Rollblock’s new GambleFi project which is poised for a massive 100x rally in early 2025.
Kaspa (KAS) Faces High Selling Activity Ahead of Altseason
Kaspa’s market activity shows a clear divide between long and short holders. The amount of Kaspa tokens held for one to two years has reached an all-time high during this altseason which typically reflects high confidence among long holders. Meanwhile, Kaspa’s short holders are rapidly selling to book profits before more declines.
Despite this bearish outlook, analysts believe Kaspa could experience a rally if it holds the key support levels at $0.15 and $0.16. Kaspa is currently trading for $0.1624 after an intraday surge worth 7.86%. Since Kaspa’s daily chart is flashing strong buy signals, analysts are hinting at a potential rally for Kaspa in the next few weeks.
MANTRA (OM) Slows Down After Exponential Post-Election Rally
MANTRA emerged as one of the top Real World Assets during the post-election rally by recording up to 192.20% gains. Despite this surge, traders are still cautious about investing in MANTRA since the token hit an all-time low price of $0.000858 in October. Even after the post-election rally, MANTRA quickly faced a pullback as some short holders started booking profits.
MANTRA is currently trading for $3.77 after a minor intraday increase of 0.28%. In this trading range, MANTRA’s immediate price target is at $4.51 with buyers anticipating MANTRA’s price to reach $5.42 by the end of Q4. However, analysts believe MANTRA’s ongoing downtrend will continue as MANTRA is trading below the anticipated minimum price of $3.85. Amidst this mixed sentiment, MANTRA’s average price is likely to be $4.635 by the end of the year.
Rollblock (RBLK) Captures Investor Confidence with Viral GambleFi Project
Rollblock attracted huge whale investments by launching a new GambleFi project that is powered by the latest Web3 technology. Even in presale, Rollblock has managed to raise more than $6.63 million because of huge capital inflows from whales. As Rollblock brings the fun back to crypto trading, analysts are expecting this viral GambleFi project to deliver up to 880% gains before the end of its presale.
Rollblock is setting itself apart from the competition by bringing the latest blockchain technology to the world of online gambling. Since Rollblock’s ecosystem is powered by the native RBLK token, traders can play 7,000+ AI-powered games to earn more RBLK tokens as they go. These RBLK tokens can be used to access more exclusive games on Rollblock or they can be added to a staking pool in exchange for a weekly passive income.
Since Rollblock is a community backed token, the platform allocates up to 30% of its weekly revenue to purchase RBLK at market price. Up to 40% of these tokens are distributed amongst current holders as staking rewards and the remaining tokens are burned forever to maintain Rollblock’s hard cap on supply of 1 billion tokens. With these deflationary tokenomics, Rollblock’s price is expected to follow an organic upward trend over time.
Even with these impressive gaming features, Rollblock is still selling tokens for a low price of just $0.037 each during stage 8 of its presale. Since 86.25% of tokens in this stage are already sold out, analysts are projecting a big demand-induced price surge within the next few days.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
