After a series of relief rallies, turbulence is on the rise in the crypto market. Three projects have been tipped as the best options for holders to weather the storms that are forming on the horizon. Namely, Solana, Ripple, and crypto casino Rollblock. Rollblock in particular has made waves recently with the launch of its innovative GambleFi platform.
Is A Solana ETF Incoming?
Solana has had an impressive performance in the past month, but the current market conditions didn’t allow for the $193 resistance to be breached. Solana’s momentum has been cut short for now as it hovers around the $170 mark. Solana bulls are now regrouping and ready for the second round that could send Solana back above $200.
Currently, Solana is ranging above the 50-day and 200-day moving averages, a sign that the uptrend is still in full swing. Recently investment management firm VanEck has expressed interest in launching a spot Solana ETF, given how Bitcoin and Ethereum have already paved the way.
Ripple Holders On Their Toes as Meeting With The SEC Canceled
A second closed meeting between Ripple Labs and the SEC was supposed to be held in August. The SEC abruptly canceled, and so far, no clarifying statement has been made.
Ripple has made an impressive recovery since the early July sell-off, and it’s currently priced at $0.61. It’s safe to say that the Ripple downtrend has been flipped, and upside continuation is expected.
Ripple has also committed to allocating $10 million to tokenized US treasury bills to a fund. This initiative is part of an emerging trend where real-world assets and traditional securities are tokenized and Ripple is one of the platforms that is leading the way. This could prove a winning move for Ripple, driving up its value in Q3.
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Crypto Casino Rollblock Set To Dominate Online Gambling
Rollblock’s presale for its native token RBLK is approaching the $2 million mark in raised funds, and the casino is taking the crypto world by storm.
Rollblock’s main focus is to use blockchain technology to enhance transparency and security. This will ensure that all recorded transactions are easily traceable and tamper-proof.
Users can begin playing one of the 150+ games immediately without having to go through KYC verification. All that players need to do is to connect their wallet or sign up via email.
Rollblock’s most lucrative feature is the revenue-share mechanism powered by the RBLK token. Up to 30% of the casino’s weekly revenue will be reinvested to buy back RBLK tokens. 50% of the tokens will be distributed to holders as staking rewards. The other 50% will be burned, reducing the total supply, which will prime RBLK for further price growth.
Analysts predict a potential 100x price increase as the GambleFi narrative is steadily gaining traction. Stage 4 of the presale is wrapping up, and an 800% increase is expected by the end of the final stage. Right now, the price of RBLK is $0.018, meaning investors can still earn huge returns if they get involved now!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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