Decentraland is recording significant capital inflows after being stagnant for 2 years. Although Gala was on an uptrend last week, it is now facing a minor short-term correction before continuing its bullish momentum. Meanwhile, Rollblock is revolutionizing the GambleFi market with its new crypto native project that is poised for 880% gains before the end of its viral presale.
Decentraland (MANA) Records Significant Capital Inflows During Whale Accumulation
Decentraland’s price has been trading sideways since its peak in 2021 because of low investor interest in the GameFi space. Despite losing investors over the last three years, Decentraland recorded an impressive 188.09% surge during the post-election rally. Even when the broader crypto market faced a correction, Decentraland showed resilience and maintained its uptrend.
Decentraland is currently trading for $0.6774 after an intraday dip of around 8%. Decentraland’s volume has also decreased by 1.19% during the same period which is likely caused by a minor retracement after last week’s rally. Since Decentraland’s technical indicators are still showing bullish strength, analysts believe Decentraland could attract more investors before the end of Q4’s altseason. If these bullish predictions stand true, Decentraland’s price could target the $1.08 and $1.61 levels soon.
Gala (GALA) Experiences Short-term Correction After Massive Rally
Gala’s price has jumped by 221.69% during the last 30 days as traders regain interest in the Web3 gaming space. Since Gala recently broke out of a falling wedge pattern on its weekly chart, analysts believe Gala is on its way to record a new all time high price before the end of Q4. Gala also retested the upper trendline which typically suggests strong bullish momentum.
Gala is currently trading for $0.06149 after an intraday decline of 1.68%. Gala’s trading volume has increased by 11.53% during the same period which suggests some selling activity from short holders. Since Gala’s RSI has already recovered and the MACD indicator is suggesting another uptrend, analysts believe Gala’s price will target the $0.06565 and $0.09536 levels soon.
Rollblock (RBLK) Brings Whales Back to DeFi Gaming with Web3 GambleFi Project
Rollblock is bringing significant whale investments to the world of DeFi gaming by launching a new GambleFi project. It has combined features of decentralized and centralized gaming to offer a fully crypto native iGambling platform that has Ethereum-backed security protocols. By restoring investor confidence and trust in the iGambling space, Rollblock is revolutionizing the entire global gambling industry worth more than $500 billion per annum.
Rollblock’s massive gaming library already features 7,000+ AI-powered games that are all regulated by top gaming providers like SolidProof and Gaming Curacao. Since Rollblock is committed to offering top tier security to players, the platform has integrated Ethereum’s immutable blockchain to record all financial and betting information. Once a bet is placed on Rollblock, it is completely immune to third party manipulations like hackers and phishing.
To make things even better, Rollblock is also offering long-term utility to token holders through an ingenious revenue sharing mechanism. At the end of each week, Rollblock reinvests a whopping 30% of its gaming revenue into open market buybacks of the native RBLK token. While 40% of these RBLK tokens are distributed to long-term liquidity providers as staking rewards, the remaining 60% are burned to maintain a deflationary trend for RBLK’s price.
For a limited time only, Rollblock is also offering a massive 20% deposit bonus to all new users. Since Rollblock’s presale stage 8 is sold out already, now is the perfect time to purchase RBLK tokens for a low price of just $0.041 each.
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