The post Sonic Testnet Sparks Fantom Price Surge, Ripple Growth Trickles, Crypto Casino Price Increase Imminent appeared first on Coinpedia Fintech News
The crypto markets are a turbulent place and this week has seen a return to volatility. Fantom is pumping on the back of its Sonic rebrand, while Ripple faces ongoing political controversy. Also, Rollblock ($RBLK) presale investors continue to pile into Stage 6 of this promising 200x casino launch. Let’s dive in!
Fantom ($FTM) Upgrade Goes Super ‘Sonic’
Fantom is currently undergoing a significant makeover as it rebrands to Sonic Labs. This has given a huge boost to Fantom bulls, who have seen their portfolios grow by over 43% in the last month. Fantom also closed the week up 25%, making Fantom one of the top-performing coins in the last seven days.
Fantom’s market cap has risen recently to $1.3 billion, just pushing it into the top 50 crypto coins by size. Trading volume has fallen in the last 24 hours by 16% as only $160 million was traded across exchanges recently, a sign that investors are wary of buying at such elevated levels.
Ripple ($XRP) CEO Backs Harris Amid Volatility
Ripple Labs CEO Chris Larsen announced this week that he is backing Vice President Kamala Harris for the 2024 presidential election race, signing an open letter along with 88 other executives. Ripple has recently seen an end to its ongoing lawsuit with the US SEC, as Ripple was given a lenient fine of $125 million.
Ripple is down over 3% this week to $0.53, as hype over the settlement has cooled somewhat. Ripple’s market cap fell to just over $30 billion as it holds onto its position as the 7th largest crypto. Traders should set stop losses around $0.48 in case of a further sell-off.
Rollblock ($RBLK) Hits The Jackpot With Web3 Casino
The Rollblock ($RBLK) presale is attracting hordes of keen investors who have their eyes on the prize of securing a bag of the next 200x crypto moonshot. Rollblock is shaping up to be one of the most disruptive forces in all of web3, as it seeks to revolutionize the hugely popular $450 billion online gambling industry.
It will achieve this by bringing all the benefits that the web3 Revolution has to offer. For starters, there is no hint of shady insider activity as all Rollblock transactions are encrypted for all to see onto the immutable Ethereum blockchain. Gamers can verify for themselves that their bets stand unmanipulated, and that casino games offer provably better odds than competing platforms.
Being fully crypto-native also means that Rollblock offers entirely anonymous accounts, as gamers’ identities are not known to the platform. As no KYC information has been submitted, there is no risk of private details being leaked in a data breach.
Rollblock has its native token RBLK that is intrinsic to the workings of the site. RBLK can be staked for an incredible 30% yield, while the token’s innovative revenue share scheme will lead to potentially millions of tokens being bought up by the casino each week. These coins will be split between being burned, and providing loyal holders with staking rewards.
Grab a piece of the action at the bargain price of $0.025, before Rollblock hits an inevitable 100x this year!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!