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Kaspa is losing traction as it faces a massive decline in volume after its recent pump but Stellar’s network activity is soaring after Franklin Templeton’s decision to use its network for a massive asset transfer. Meanwhile, Rollblock’s demand is also hitting new peaks in stage 8 of its presale as the token prepares for another new all-time high price before the end of November.
Kaspa (KAS) Faces Rejection on Super High Timeframe
Kaspa’s price was experiencing a resurrection over the last seven days after recording an impressive 23.13% surge during the post election rally. Since Kaspa is an open source network with no central governance, the token was a strong contender for big gains during the upcoming Q4 bull market. Despite the parallel blocks and instant transaction confirmation on Kaspa’s BlockDAG protocol, the token is facing a massive rejection on its super high timeframe.
Kaspa is currently trading for $0.1354 after an intraday decrease of 8.49%. Kaspa’s volume has also dropped by 17.83% over the last 24 hours as investors begin to lose confidence in the token’s future potential. Since Kaspa is already trading below its 100-day and 200-day Simple Moving Averages on the KAS/USDT daily chart, analysts believe Kaspa’s price could crash to the $0.1259 pivot in the next few days.
Stellar (XLM) Secures Massive $1.7 Trillion with Franklin Templeton Collaboration
Stellar is experiencing a significant increase in demand after Franklin Templeton announced that it would be using the platform to move assets worth $1.7 trillion. Since Stellar’s network has the lowest transaction costs in the market, Templeton is seeing this as a huge business opportunity. After this announcement by the world-renowned financial investment manager, Stellar’s network activity jumped as investors regained interest in the token.
Stellar is currently trading for $0.1383 after an intraday surge of 4.59%. Stellar’s volume has also increased by 71.62% over the last 24 hours which suggests high buying activity. Since Stellar is trading above all of its Simple Moving Averages, analysts believe Stellar’s rally could continue towards the $0.1507 milestone.
Rollblock (RBLK) Tipped to Emerge as Biggest Gainer in Q4’s Rally
Rollblock might be a newcomer in this altcoin season but it is already positioning itself as one of the leading tokens during Q4’s bull market. In the last couple of months, Rollblock has managed to attract more than 25,000 early investors who have helped the platform raise $5.01 million in record time. If this momentum continues until the end of the year, analysts believe Rollblock could target the gains of both Kaspa and Stellar in early 2025.
Since Rollblock is bringing top tier security and massive rewards to the highly profitable global gambling market, the project is destined to be amongst the top DeFi altcoins within the next few years. By integrating both decentralized and centralized gaming experiences into a single crypto-native casino, Rollblock is ready to disrupt the iGambling market that is already valued at $500bn per annum.
The reason why Rollblock is outshining existing iGambling platforms is the platform’s native $RBLK token that powers the entire ecosystem. Players can either use RBLK to play any of the 7,000+ AI-powered games on Rollblock or they can add these tokens to their staking pool in exchange for a weekly passive income. With Rollblock’s revenue sharing model, long-term liquidity providers in Rollblock’s ecosystem receive massive staking rewards with up to 30% APY.
Considering these remarkable features, it is no surprise that Rollblock is currently the most sought after altcoin in the market. Since RBLK tokens are selling for a low price of just $0.035 each, traders are rushing to get their hands on Rollblock’s presale before the limited supply runs out.
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