6 months ago
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The crypto market is increasingly moving away from Solana (SOL) and Ethereum (ETH) meme coins. Instead, traders are switching focus to coins with utility as utility season beckons. In the lead of such a shift is Rollblock (RBLK) – a Stage 1 presale star that many analysts hint to become the next $1 break out crypto star in 2024.
Solana (SOL) Reveals Arcium
Solana (SOL) has recently been making waves in the crypto market. Notably, Solana announced that the first parallelized confidential computing network—Arcium—will soon enter its ecosystem. This bullish Solana news may trigger a rally for this crypto, which has soared 587% in the past year alone.
The technical analysis of the Solana crypto shows many bullish signals. For example, SOL is now trading above its 100 and 200-day EMAs while boasting 16 green technical indicators. Thus, experts predict a potential jump to $151 for Solana within Q2 of 2024. However, many SOL-based meme coins like MYRO remain red on the price charts.
Ethereum Price Analysis: Showing Bullish Signs
Meanwhile, Ethereum (ETH) meme coins are also facing some trouble, as Shiba Inu and Floki are showing red on the one-month charts. However, Ethereum continues its growth in the crypto market, as CoinMarketCap data shows it jumped 60% on the YTD chart. Simultaneously, its market cap surged from $217B to $356B at that same time.
The technical analysis of Ethereum also paints a bullish picture. Currently, Ethereum is trading above its 100 and 200-day EMAs. Also, the Stoch RSI signal sits at 16.3 in the buy zone. As a result, market analysts have made a bullish Ethereum price prediction. They forecast a surge to $3,600 before Q2 of 2024 ends.
Rollblock (RBLK): Among the Best Coins To Invest In
Rollblock (RBLK) is becoming one of the top crypto coins and it is making a splash in the market with its presale performance. It has already sold over 12M tokens and raised almost $125K, with projections hinting at $600K before May 2024 ends. This indicates that traders all over the world are in great demand for this unique GambleFi protocol.
Rollblock aims to become a major player in the online gambling sector, which is now worth $450B. This is why it launched a unique online crypto casino that combines the best decentralization and centralization features. As a result, Rollblock lets you sign up using an email only and no KYC checks or extra downloads are required—full anonymity for all.
The RBLK utility token is the fuel of this platform, offering holding benefits such as regular rakebacks and passive income opportunities. In fact, Rollblock’s unique revenue-sharing model means that up to 30% of its weeklt earnings will go to RBLK holders in the form of token buy backs. Half of those tokens are burned from the supply forever and the other half will be used to offer investors some of the best staking rewards available in the crypto space.
At the moment, RBLK is worth only $0.01 in Stage 1 of its presale. However, more price pumps will occur as the presale advances. Market analysts even predict a potential rise to $1 once a Tier-1 CEX lists RBLK in Q3 of 2024. With this prediction, RBLK emerges as the best crypto investment right now.
Why Are Solana and Ethereum Traders Gravitating Towards Rollblock?
The $10M market cap for Rollblock makes it attractive to Solana and Ethereum traders, who can anticipate much larger returns. RBLK needs way fewer new funds for its price to skyrocket than its peers, so traders view RBLK as one of the best cryptos to invest in.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
