LINK and NEAR Suffer Double Digit Losses; Attention Turns To ERC20 Altcoin Reaping 200% Gains

LINK and NEAR Suffer Double Digit Losses; Attention Turns To ERC20 Altcoin Reaping 200% Gains

Altcoins aren’t faring too well in early October in the wake of escalating international tensions, particularly in the Middle East. However, some cryptos are proving to be outliers while established cryptos such as Chainlink and Near Protocol suffer from substantial losses. Rollblock is one of these trailblazing cryptocurrencies in the GambleFi play-to-earn sector, leading analysts to project 100x returns and 800% rallies for Uptober and the remainder of Q4.

Chainlink has experienced a double-digit weekly decline of over 12%, reflecting the bearish momentum that’s permeating the market. Chainlink is being hailed as one of the top projects dealing with the tokenization of Real World Assets (RWAs). Analysts are largely unperturbed by Chainlink’s minor dip in the short term, asserting the project’s long-term growth potential.

Some even purport that Chainlink can hit the $22 price point in Q4. As Chainlink continues to ramp up partnerships, such as with Deutsche Bank-backed digital asset infrastructure provider Taurus, Chainlink is expected to grow steadily as the bull run progresses.

Anticipated Near Protocol Rally Temporarily Halted 

Multiple analysts predicted that cryptos such as Near Protocol would soar in value in early Q4, though international tensions have had a disastrous effect regarding Near Protocol’s short-term price action. 

Down 14% this week and 1% in 24 hours, retail investors are deserting Near Protocol at a rapid pace. Still, many Near Protocol bulls are predicting an imminent $10 Near Protocol by the end of Uptober, especially if AI cryptocurrencies pick up steam. 

100x Gains Just Around The Corner For Rollblock In Uptober

Offering a comprehensive virtual ERC-20 casino experience, Rollblock stands out as one of the most promising play-to-earn DeFi gaming platforms. By combining both centralized and decentralized gaming elements, along with planned upgrades and no KYC requirements for casino access, Rollblock is set for significant growth and is projected to deliver 100x returns for new investors.

Security is a top priority for Rollblock, and every bet and transaction is fully secure and unalterable. With a wide variety of over 7,000 games available, including popular casino classics like poker and roulette in conjunction with niche blockchain-only titles, users can have fun playing without fear of losing funds to hacks or security breaches.

The platform will soon introduce sports betting, allowing users to wager on major events such as UFC fights and F1 races. This new addition will expand Rollblock’s entertainment offerings, providing the community with even more exciting ways to both enjoy the platform and make a quick buck.

Rollblock’s revenue-sharing model is another attractive feature for investors. Up to 30% of weekly profits are allocated toward buying back RBLK tokens, with half of these tokens burned to increase scarcity and the remaining half distributed as staking rewards. This structure reduces price volatility by encouraging long-term holding, making Rollblock a stable investment option.

Having already gained significant traction in the sixth stage of its presale, Rollblock is poised for immense growth and a rapid expansion of its already large base consisting of over 17,000 members. As the platform is expected to surge by 800% in November and the end of Uptober, analysts believe that Rollblock will most likely outperform both Chainlink and Near Protocol. 

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

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

Socials: https://linktr.ee/rollblockcasino

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The post LINK and NEAR Suffer Double Digit Losses; Attention Turns To ERC20 Altcoin Reaping 200% Gains appeared first on Crypto News Land.


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