Thursday, September 19, 2024
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Gas Fees Drop for Ethereum as Supply Inflation Hits, ETH Holders Hedging with Pepe Coin (PEPE) and Rollblock (RBLK)

Ethereum’s gas fee drop may provide some relief to users, but validators might be ready to take their network support elsewhere. Amidst this mixed market sentiment, Pepe holders are watching their wallets in despair, while Rollblock investors are already enjoying up to 105% gains!

Ethereum (ETH) Price Plunges After Massive Gas Fees Drop

Earlier this week, gas fees on the Ethereum network plummeted to just one gwei or $0.007. This dramatic drop isn’t due to any technological advancements but instead a massive decrease in network usage. Consequently, Ethereum’s price has plummeted to $2,550.75 after a massive intra-day decline of 4.08%. 

According to the ETH/USD chart, Ethereum is currently trading below its 50-day and 200-day SMA. For Ethereum bulls to trigger a recovery, they need to push the price past the crucial resistance at $3,592. However, if the bears take over, then Ethereum’s price may hit the support at $2,840.  

Pepe (PEPE) Price Plunges Over 6% in 24 Hours

Pepe’s price has seen massive drops recently, totaling a 38.98% decline over the past month. At press time, Pepe was trading at $0.000007509 after an intra-day plunge of 6.35%. With Pepe’s 24-hour trading volume down by 10.9% and market cap down to $3.16 billion, analysts are losing hope for a recovery any time soon. 

The only glimmer of hope left for Pepe investors is the RSI and Awesome Oscillator, which are still in neutral territory. However, since Pepe recently fell below its crucial support, analysts expect steeper declines down to $0.0000051101 in the upcoming weeks.  

Rollblock (RBLK) Hitting the Road to 100x 

While Ethereum and Pepe face major price fluctuations, investors are jumping ship to invest in Rollblock (RBLK). Rollblock’s ingenious combination of centralized and decentralized gambling already has traditional online casinos running for their money. Given this cutting-edge casino framework, market experts project Rollblock to hit massive 100x gains by 2025. 

Rollblock is committed to bringing trust and transparency back to the online casino model. With a no-KYC policy and every transaction encrypted on the Ethereum blockchain, all bets are immutable and can’t be changed once placed. 

New players can sign up at Rollblock’s casino by connecting their crypto wallet or email. Once logged in, they can deposit any of 20+ accepted cryptocurrencies and enjoy over 150 immersive casino games. Rollblock currently features casino favorites like blackjack, roulette, poker, and slot machines, but the platform also plans to introduce a betting feature in upcoming months. This new feature will allow players to place bets on top sports leagues worldwide.

Fully audited and regulated by Solid Proof and Gaming Curacao, Rollblock’s crypto casino is already generating revenue with nearly 9,000 active users. Apart from playing games to win more $RBLK tokens, investors can also stake RBLK to earn a substantial passive income. Every week, Rollblock reinvests 30% of casino revenue into open market buy backs of RBLK which are distributed as staking rewards or burned to make $RBLK deflationary. 

This week, Rollblock kicked off stage 5 of its presale with a selling price of $0.0205. Given Rollblock’s explosive success and skyrocketing demand, analysts project another major price hike by the end of next week. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://rollblockpresale.io/

Socials: https://linktr.ee/rollblockcasino


Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.

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