Three tokens are still up with defiant green arrows in a week of red for the crypto market. Bitcoin Cash (BCH) is heading to the top 10 on positive Mt. Gox news, Ripple’s (XRP) legal struggle heads to a close and top altcoin Rollblock’s (RBLK) Olympics giveaway and 100x 2024 projections have gone viral.
Mt. Gox Relief Sets Bitcoin Cash Price on Course for Top 10
The Bitcoin Cash price is up 15% this week on good news out of Mt. Gox, which adds to an already stellar 71% return this year. This has taken Bitcoin Cash’s price to $420.
Bitcoin Cash has been held down for years as investors waited for the Bitcoin Cash from Mt. Gox to be released. While many investors expected a sharp drop when these tokens were finally returned this week, more than 50% of investors held on to their tokens. With this threat behind it, analysts expect Bitcoin Cash to x2 in price this year and push into the top 10 cryptos by market cap.
Ripple Price Breathes a Sigh of Relief from Legal Win
Ripple’s price is enjoying a 4% bounce this week on positive legal news. This caps off a 38% green month for Ripple.
Ripple has been held back for years due to a legal struggle with the SEC regarding its 2018 ICO. A recent ruling in a related case has greatly increased the odds that the SEC will withdraw its case against Ripple. The relief among Ripple investors is significant, as this is seen as the last barrier to Ripple heading back to previous bull market highs of $2 or even $3.
Rollblock’s Olympics Giveaway Draws Players and Estimates Upgrade
Rollblock continues to revolutionize the $450 billion global gambling industry by bringing the best features of crypto to the outdated traditional online casino business model.
Rollblock’s latest crypto innovation is an exciting giveaway event to celebrate the 2024 Paris Olympics. Players can get involved in the Olympic fun by making predictions on contest outcomes. With huge prizes available to be won, this event has gone viral and attracted 1,000s of new players to Rollblock’s community.
This latest win for Rollblock follows the successful rollout of its live crypto casino, which features more than 150 of the top games in the industry. Players can enjoy the latest cutting-edge games alongside all their old favorites. Rollblock is also in the process of introducing its global sports betting platform, which will offer odds on every major sport. All of this can be accessed without needing to pass KYC checks.
Rollblock’s most important innovation is its unique tokenomics. Rollblock uses up to 30% of daily revenue in open market buybacks. Half of these RBLK are used as high-APY staking rewards, while the other half are burned to keep the token deflationary.
Rollblock’s latest viral crypto innovation resulted in yet another upgrade to analysts’ projections to 100x growth in 2024. The stage 4 presale price is just $0.0175 during stage four of its presale, but this will definitely jump in stage 5 to reflect the sudden surge in demand.
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