Worldcoin (WLD), Notcoin (NOT) and Monero (XMR) Holders Hedge Against Market Volatility With Rollblock (RBLK)

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Crypto hedging is a risk mitigation strategy that savvy investors use to reduce the downside of an investment by profiting while the long asset is losing value. This strategy is extremely beneficial when it comes to maintaining a conservatively managed portfolio with a consistent APY.

For example, with the current market dynamics, Worldcoin, Monero, and Notcoin holders are hedging their positions by purchasing Rollblock—an uncorrelated altcoin asset currently set to increase in price. Let’s explore why these holders are settling for this presale gem in the crypto market.

Worldcoin (WLD) Among Top Crypto Losers

Despite the broader weekly market upswing, Worldcoin crypto has been lagging behind and has consistently decreased in value in the past few weeks. The recent Worldcoin price downtrend is attributed to the overall low market activity and declining investor confidence.

Worldcoin’s price has been in a consolidation phase since mid-April and has been hovering around the 50-day and 200-day EMAs, suggesting that the altcoin is gearing up for a breakout at its upper resistance level. However, if the altcoin fails to reach the above point, Worldcoin crypto will record more price downturns. Therefore, Worldcoin holders are moving their position, trying to mitigate future losses by looking at Rollblock’s presale potential.

Investors Sell Airdropped Notcoin—NOT Price Plummets

Notcoin is another cryptocurrency experiencing a dramatic drop in value. After giving in to the hype, Notcoin investors are currently facing heavy losses. The dramatic decrease in the altcoin’s value is attributed to increased selling pressures from investors, who swiftly sold off their airdropped tokens instead of holding them.

These investors wanted to rake in quick profits rather than wait for Notcoin future potential growth. This led to increased oversupply in the market, which decreased the price of Notcoin. Many analysts are now anticipating further declines in Notcoin’s price action. Thus, Notcoin holders are shifting their focus on Rollblock’s promising presale.

Monero (XMR) Remains Neutral—Holder Weigh their Options

Unlike Notcoin and Worldcoin, which have been recording massive price declines, Monero (XMR) has showcased neutrality on the market over the past few weeks. After successfully rebounding at the $100 mark, buyers started accumulating the Monero coin, recording gains around the 100 day EMAs.

While the Monero bulls control the market, they face a hurdle around the upper resistance level. If they manage to split this range, then Monero crypto will experience the much-anticipated bull rally. Monero holders are not taking any chances with their investments and are hedging their positions with Rollblock, a presale gem set for exponential growth in the coming days.

Rollblock (RBLK) Joins Top Altcoins Buys List for 2024

Rollblock (RBLK) has quickly become the best investment alternative for investors seeking to diversify their portfolios. The community-driven platform integrates blockchain features to address problems inherent in centralized casinos. Rollblock adopts blockchain technology in its operation to enhance anonymity and privacy and offer passive revenue for its token holders.

Notably, the platform has a streamlined registration process that does not require stringent KYC verification. What’s more interesting is its revenue-sharing model—where the platform allocates up to 30% of its weekly revenue to buying tokens on the market. Rollblock would burn half of the purchased tokens, and the other half would be used for staking rewards.

Impressively, this creates heightened buying pressures that reward token holders, which pump up the altcoin price. In its stage 2 presale, Rollblock is attractively priced at $0.012. This marks a 20% ROI in price value from its initial offering of $0.010. 

With over $275,000 raised in presale funding, Rollblock could be the next 100x altcoin of 2024. Many experts see its price jumping above $0.5 after Tier-1 CEX listing in Q3 2024. Thus, the altcoin is among the best cryptos to buy now.

Conclusion

While Notcoin, Worldcoin, and Monero continue to face the market dynamic, Rollblock is among the top altcoins to invest in 2024. With a small market capitalization of around $12 million, Rollblock requires fewer funds to trigger a double-fold increase in its value. Thus, now is the optimal time to join the Rollblock community and acquire VIP bonuses.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

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

Join the Rollblock community: https://linktr.ee/rollblockcasino 

*This article was paid for. Cryptonomist did not write the article or test the platform.