The cryptocurrency markets are notoriously volatile and 2024 has been no exception. While investors were initially jubilant in the wake of huge gains earlier this year, Ethereum (ETH) has retraced the recent ETF approval pump and Optimism (OP) is down 50% in 3 months.
A new coin is going through its presale at the moment, and Ethereum and Optimism investors are flocking to it in hopes of maximizing their gains for the rest of 2024. Rollblock ($RBLK) brings the power of Web3 to the online gambling market and is set to become one of the hottest tokens of this bull run. Some experts are predicting it will move over 800% before the end of the presale alone!
Ethereum (ETH) Gives Back ETF Gains to Market as Value Plummets
The approval of the Ethereum (ETH) ETF caught many crypto investors off guard earlier this year. Ethereum’s price went on a long-awaited trip north to $4k but has since retraced the entire pump, landing back to $2870 with a bump.
Ethereum should find decent support around these levels, and a market reversal could come sooner than many think. An eventual reclaim of the $4K level would signal a return to the uptrend and a potential run to all-time highs. The Ethereum price is down nearly 24% in one month, leading many investors to wonder when they should rotate out of their ETH holdings into newer coins with more upside potential.
Optimism (OP) Plummets 60% in Three Months As Investors Nurse Losses
Optimism (OP) has had a challenging period of price action as significant selling pressure has pushed the price down below key levels of support. Despite Optimism activating innovative Fault-Proofs on their main-net chain recently, investors have had little to be excited about as bears have been in the driving seat.
Many had hoped to see Optimism support hold at around $2.50, but this level has now been breached. The Optimism coin technical indicators are now flashing a strong sell signal. Optimism holders are now looking to hedge their investments with newly launched projects such as Rollblock.
Rollblock ($RBLK): Crypto Casino to Mint Millionaires This Year
Rollblock ($RBLK) is a cutting-edge, fully community-backed, crypto-native casino set to shake up the traditional online gambling world. Combining the best of online table games with the innovative power of blockchain technology, Rollblock is certain to onboard the next wave of crypto enthusiasts to their platform in 2024.
Rollblock is poised to take a large share of the $450 billion gambling industry by adding the latest Web3 infrastructure. The Rollblock casino is fully licensed and has already opened its doors to players. There is no need for players to register with cumbersome KYC approval, as users need only an email address and a crypto wallet to connect.
Once inside, players will find themselves spoiled for choice as the site caters to all tastes with a huge range of traditional games such as roulette and poker as well as some newly launched exclusives. Coming soon, the casino will offer a sports betting feature to allow bets on a huge range of events including soccer, boxing, and Formula 1.
Rollblock’s native token, $RBLK, is integral to the site’s utility and is expected to become a DeFi gem in 2024. A robust system of tokenomics will ensure sustained price growth, with many analysts predicting a 100x this year! Rollblock offers a unique revenue-sharing feature in which a portion of the casino’s profits will be used to buy back RBLK on the open market each week.
This will result in millions of dollars of RBLK purchased each week, providing price support and growth. Half of these tokens will be burned forever, reducing supply, and the other half will be distributed to stakers who can earn attractive levels of interest (up to 30% APY) as they stake their holdings. This is only going to make an already loyal user base even more committed to the long-term success of the project.
The presale is currently in stage 3 and $RBLK is on sale for just $0.015. Nearly 60% of presale coins have already been sold and these prices won’t last much longer. Investors are urged to research this groundbreaking project and make an allocation before the price goes vertical, as experts predict up to 880% growth before the presale ends!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino