The post Solana Pursuing Top 3 Rank Hot on The Heels of ETH But Revenue Sharing Casino RollBlock (RLBK) Takes the Spotlight appeared first on Coinpedia Fintech News
The Layer 1 wars are ramping up again, with Solana taking BNB’s place as the 4th biggest cryptocurrency. At the same time, Ethereum continues to range after the spot ETF sell-off. Meanwhile, crypto casino Rollblock is on track to clear $2 million in the 4th stage of its ongoing presale and has hit a new all-time high in the last 24 hours.
Solana To Flip Tether (USDT) next?
At a $84 billion market cap, Solana finally managed to soar above BNB. Experts think that Solana’s next target could be Tether, as there isn’t much distance between the two in terms of market cap.
Currently, Solana is priced at $180 after a 6% rejection from the $193 resistance levels that proved to be a tough obstacle for bulls. But a new catalyst is on the horizon as 21Shares, a Swiss provider of crypto-currency exchange-traded products has expressed interest in launching a Solana ETF. This could be the push that Solana needs to reach a new all-time high in 2024.
Ethereum Stalls At $3,300 Level
The long-awaited spot Ethereum ETF turned into a sell-the-news event as millions of investors tried to frontrun the hype and liquidated their holdings at the local top. This resulted in a market-wide correction that saw an 11% drop in Ethereum’s price from the $3,500 level.
Right now, Ethereum sells at $3,320 and has been moving in that range for the past week. On the 4-hour chart, analysts point out that Ethereum’s trend can be considered bearish. Ethereum’s short-term and mid-term projections suggest a weakening of the trend as both the 50-day and 200-day moving averages are falling.
Rollblock’s Revenue Sharing Mechanism Steals The Show
DeFi Casino Rollblock is about to change the online casino game forever by offering some of the highest APY on the market. To do this Rollblock leverages its native token RBLK.
Here’s how it works. The casino reinvests up to 30% of its casino’s weekly revenue to buy RBLK tokens. 50% of the tokens are distributed to holders who stake RBLK. The other 50% are burned, reducing supply, which will prime RBLK for explosive rallies in the upcoming months.
Rollblock is seeking to merge DeFi and TradFi gambling with the implementation of blockchain technology. This ensures quick and transparent transactions while at the same time reducing the possibility of foul play to 0.
Users can immediately play one of the 150+ games without having to go through KYC verification. All that players need to do is to connect their wallet or sign up via email.
Analysts predict a potential 100x price increase as the crypto cycle progresses. Stage 4 of the RBLK presale is almost sold out, and an 800% increase is expected by the end of the final stage. Right now, the price of RBLK is $0.0175, which is likely the lowest it will ever be!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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