Solana meme coins have dominated crypto headlines in 2024. Projects like Bonk and Dogwifhat have taken the market by storm, offering massive returns for early adopters. That said, Solana meme coin volume has decreased. As a result, investors are choosing Arbitrum and Rollblock instead. Arbitrums TVL has seen a steady increase over the last two weeks. Meanwhile, Rollblocking is nearing its $1 million raised milestone.
Crypto Analyst Predicts 50% Solana Surge
In a recent post, crypto analyst Ali made a bold Solana prediction. According to Ali, Solana could see a 53% surge in June. Ali uses Solana’s ascending triangle pattern to support his prediction, as the pattern historically signals incoming bullish activity.
At the time of writing, Solana was bouncing between a support of $143 and a resistance of $178, and SOL was trading at $147.75. Its price had decreased by 14.12% over the last week, and Solana’s daily trading volume was down by 28% over the last 24 hours.
Arbitrum’s Daily Fees Soar by 97%
Arbitrum’s daily fees significantly increased over a 24-hour time span as on-chain transactions increased. On June 11, Arbitrum’s daily transactions increased from 1.7 million to 2.3 million, temporarily causing a 97% increase in fees, though Arbitrum’s fees have since dropped.
Following several increases in its total value locked (TVL) Arbitrums TVL has reached $2.97 billion, making it the second-largest L2 network.
Currently, Abitrum is trading at $0.9482, and has decreased in value by 13.42% over the last week.
Rollblock Hits New Presale Milestone
After a massive uptick in buyers, Rollblock has hit a new milestone of raising over $750,000. The project has already attracted over 3,000 holders whilst also providing a price increase of 40% for those who purchased in stage 1. Now, experts believe RBLK could increase by 720% during the Rollblock presale, which is currently in stage 3.
Rollblock is gaining huge traction due to its unique DeFi application. The project applies blockchain technology to the $450 billion gambling industry. To do this, Rollblock introduces a DeFi casino. Its casino is already live and generating revenue. It offers over 1500 game modes, which include table classics such as blackjack, slots, and new digital games. Players can use over 20 cryptocurrencies to make bets and don’t need to pass KYC checks to get started.
But Rollblock’s casino is just one of its appealing features. The project also offers a revenue share model, which investors can access by holding RBLK tokens. Rollblock will allocate up to 30% of its daily revenue for token rewards, which it will pay out by using revenue to buy RBLK from the open market.
After buying tokens, Rollblock will use half of the RBLK for rewards and burn the remaining half. This will gradually decrease the total supply, thus increasing the scarcity and price of tokens held by investors.
Rollblock will add new features to its platform over the next few months. Next in line is sports betting, which is expected to trigger an influx of new investors and revenue, which means more profit for RBLK token holders.
RBLK tokens are currently available for the low price of $0.014 during stage 3 of the Rollblock presale and can be purchased via Rollblock’s official website.
Can Rollblock Become A Major Altcoin?
Although still a relatively new project, Rollblock is displaying huge potential. Its presale has gained global attention, attracting thousands of investors in just a few weeks. Furthermore, with the gambling market set to grow to $750 billion by 2028, Rollblock is disrupting one of the world’s fastest-growing markets. As a result, RBLK is expected to become extremely profitable.
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