Between the ups and downs of the current cycle, a few crypto projects are granting incredible entry opportunities after last weekend’s correction. Onyxcoin (XCN), Melania (MELANIA), Algorand (ALGO), and Jupiter (JUP) have already demonstrated surprising strength in January, and investors are taking advantage of the discount window to load up at lower prices. Rollblock (RBLK) also emerges as a powerful contender that could redefine the online gambling space. This article will compare all these promising projects, and explore their prospects heading into the most bullish phase of the bull run.
How Rollblock Unlocks The Potential Of GambleFi
Built from the ground up on the Ethereum blockchain, Rollblock introduces a state-of-the-art GambleFi platform that ensures a high-end casino experience. This means near-instantaneous transactions that are both easily traceable and immune to tampering, as all data is immutably inscribed on the chain.
Newcomers will experience the thrill of a Vegas casino from the comfort of their homes. Rollblock boasts over 7,000 games ranging from all-time classics such as roulette and poker, to live games and even brand-new AI-enhanced exclusives, providing a degree of variety unmatched by competitors.
In addition to this, holders of the RBLK token will be able to tap into a passive income stream through Rollblock’s innovative revenue-share mechanism. Every week, the casino will distribute RBLK tokens that have been repurchased from the open market using Rollblock’s own revenue. A set amount of the tokens will also be burned, deflating the supply and ensuring price stability even in times of heightened volatility. This model offers a two-fold benefit to investors who will enjoy both recurring rewards and scarcity-driven appreciation.
Onyxcoin Teases Major Breakout After 19% Jump
Onyxcoin (XCN) has climbed 19% in the last 24 hours, gaining momentum after the team announced that issues with Huobi and Tron founder Justin Sun have been solved. Now trading at $0.03 Onyxcoin has surged 1,000% over the past month, becoming one of the top gainers, disregarding the adverse market climate.
Onyxcoin’s RSI is currently sitting at 64 points, suggesting continued bullish momentum. Meanwhile, spot inflows have risen to $1.04 million since January 27, highlighting growing investor activity. This is also reflected by the 12% spike in trading volume, with $516 million worth of Onyxcoin traded in the last 24 hours. If buying pressure persists, Onyxcoin could surpass the $0.038 resistance and target a multi-year peak of $0.049. However, bulls must defend this price point because if sellers take the upper hand, Onyxcoin could potentially revisit the $0.02 support.
Melania Regains Ground After A Red Monday, What’s Next?
Melania Trump’s official meme coin — MELANIA, took the market by storm earlier in January as it surged to a multi-billion market cap in the span of a few days. As selling pressure intensified, Melania entered a cool-off phase, which saw nearly 80% of its valuation evaporate amid the meme coin onslaught. At these levels, analysts believe that Melania is considerably undervalued, given how strong the Trump narrative is.
Melania is currently selling for $1.68 following a near-vertical 18% daily upsurge. This move could mark the start of a long-awaited reversal that could see Melania reclaim the $13.75 all-time high by the end of Q1, meaning that securing an allocation today could lead to substantial gains in the upcoming months.
Algorand Bounces Back As Adoption Ramps Up
Algorand’s price has been volatile, currently fluctuating between $0.25 and $0.37. Despite a sharp 21% weekly decline and a 26% monthly drop, Algorad managed to rise by 10% over the last 24 hours, settling around $0.30. Algorand’s daily RSI now sits at 51 pointis, indicating that buying activity is ramping up. Algorand is trading above the 10-day SMA but below the 100-day SMA, which indicates that indecisiveness still persists, as traders are adapting a more cautious approach.
Meanwhile, Italian energy giant Enel has partnered with crypto wallet provider Conio to tokenize solar panel ownership on the Algorand blockchain, allowing Italians to offset electricity bills. This initiative enables residents, to own a share of solar farms and benefit financially while reducing carbon emissions. Algorand was chosen for its strong sustainability, reliability, and regulated EUR token support, making it a key player in real-world asset tokenization, which in turn could lead to substantial appreciation once this narrative starts gaining traction.
Jupiter Could Fly If It Breaks Out Of This Pattern
Jupiter (JUP) is consolidating within a symmetrical triangle, after a rejection at $1.40 in December last year. The Jupiter price recently broke out of a descending channel but is struggling to gain upward momentum, with key resistance at $1.16 aligning with the 0.382 Fibonacci level. A breakout above the triangle could push Jupiter toward $1.42, while failure to hold support at $0.91 may lead to a steep drop toward $0.73. Short-term analysis shows potential for another upward wave, but RSI suggests caution as Jupiter’s momentum remains weak. At the time of writing, Jupiter is selling for $0.98, following an 17% intraday increase, although market participation is slowing down, with CoinMarketCap showing a 18% decline in trading volume.
In other news, Jupiter has recently introduced JupNet, an omnichain liquidity network that enables quicker cross-chain transactions while addressing issues like bridging and liquidity fragmentation through the use of AI. With the launch of a $10M Magic Fund and a potential JUP token buyback, Jupiter is strengthening its position as one of the up-and-coming stars in DeFi.
The Rollblock Presale Could Be The Key To Generational Gains
Rollblock has nowhere to go but upward, as its current $0.052 price point is likely the lowest it will ever be. Stage 10 of the presale is selling out fast as demand is skyrocketing with $10 million raised so far. Analysts expect an 800% rally by the end of the presale phase, and once the crypto gaming narrative starts ramping up, a 100x moonshot could be in the cards.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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