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4 months ago
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ARTICLE AD BOX
The cryptocurrency market is best known for its huge returns. However, this doesn’t come without risk. While some tokens surge to the greatest heights, others crash. In 2024, one altcoin, Rollblock (RBLK), could emerge as the potential star this year, gaining up to 10,000%, while established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) face big challenges.
Bitcoin ETFs See $630M In Outflows
Bitcoin ETFs have again seen substantial outflows in the past week, with $630 million withdrawn. This brings total outflows for Bitcoin projects to $1.1 billion over the past two weeks.
This trend underscores the growing caution — both institutional and long-term holders — as they reduce their exposure to spot Bitcoin ETFs. The growing caution comes amid the Fed’s prospects of interest rate cuts later this year, which many are pessimistic about. This sentiment has led to a significant reduction in weekly trading volumes, which have fallen to $13.6 billion—the lowest levels since the launch of U.S. spot Bitcoin ETFs in January.
Despite these hiccups, crypto funds still manage $92.2 billion in assets, highlighting the sector’s overall strength. The recent trends are driven by uncertainties and specific events regarding Bitcoin’s short-term outlook.
Ethereum Layer 2 Solutions: A New Era Begins
Blast, an Ethereum Layer 2 network, is set to establish a foundation this week, marking a significant step towards decentralized governance. Created by the founder of the NFT marketplace Blur, Blast’s transition to a foundation looks to boost community participation in the protocol and decentralized decision-making. The foundation will manage Blast’s protocol, social pages, and website, which Arcade Research previously managed.
This move is planned with a token airdrop—50% of the tokens are sent to developers via Blast Gold, and the other 50% are sent to early users with Blast points. These upcoming developments are expected to boost activity throughout the Ethereum ecosystem, driving up Ethereum’s price. But how does Ethereum compare to Rollblock?
Rollblock (RBLK) Price Surge: What’s Driving the Momentum?
Rollblock (RBLK) is the world’s first iGaming-backed Play-to-Earn token that seeks to close the gap between centralized and decentralized gaming. Offering users access to traditional tabletop games, Rollblock’s transparency and trustworthiness are core values. Ensuring all transactions are secured using blockchain technology. In contrast, all transactions are traceable on the blockchain, making it impossible to alter bets when placed and providing an additional security layer. This level of transparency has seen Rollblock gain huge attention from across the marketplace.
Unlike other iGaming providers, Rollblock does not require users to complete a KYC when accessing their platform. To get started, users connect their wallet or sign up with an email; these simple barriers of entry have seen a substantial increase in users, which has, in turn, led to an increase in users purchasing their native $RBLK token. The native token, $RBLK, plays a significant role in the ecosystem, $RBLK serves as a reward for players’ activity while allowing holders to stake in the future for additional rewards. Alongside this, Rollblock has implemented a revenue share feature that sees up to 30% of their weekly profit being used to share profit amongst holders, purchase $RBLK back from the open market, and burn it to increase the $RBLK token value further.
In stage 3 of the presale, $RBLK is trading at just $0.014. Over 90 million tokens being sold in less than a month shows the project’s wide interest. With the price point being the lowest it will ever be, now is the best time to purchase $RBLK. As stated in the tokenomics, there is a fixed supply of 1 billion $RBLK, with only 60% allocated to the presale. Due to this, some analysts have projected that $RBLK could see over 800% rise in value before the end of the presale.
As the native token of the platform built to accommodate the future of the online gaming and casino industry, $RBLK has been tipped to become the top DeFi token of 2024. In addition, the extensive utility, revenue share, and opportunities for token holders give $RBLK greater room for growth. Analysts predict that $RBLK has all the necessary features to become a 100x token over the coming weeks, making now the best time to start to stack the Rollblock token!
Discover the exciting opportunities for the Rollblock (RBLK) Presale today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
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