Ethereum is regaining some momentum after trading in the red zone for the last few days but Solana is ready to enter its price discovery phase any time soon. Meanwhile, savvy traders are also showing interest in Rollblock’s viral presale which has already raised a whopping $5.75 million in record time.
Ethereum was trading in the red throughout the last seven days until it suddenly gained momentum in the last 24 hours. Investors appear to be regaining interest in Ethereum before Q4’s bull cycle but the token’s upward momentum is still weak. Ethereum’s DeFi chain has only recorded a 1.9% increase in its Total Value Locked over the last seven days as compared to other chains that have already recorded double digit gains.
Ethereum is currently trading for $3,361.59 after an intraday increase of 7.11%. Ethereum’s volume has also jumped by 59.07% over the last 24 hours which typically suggests increased buying pressure. This sudden uptick can be explained by Ethereum’s dApp volumes which have grown by 40% during the last 30 days. If Ethereum can maintain this momentum, analysts believe Ethereum’s price could surge towards the $3,448.84 level.
Solana’s price is about to enter a price discovery phase as analysts expect Solana to breach its previous all time high price of $260 within the next few days. These speculations have become even stronger after a whale acquired $23.86 million worth of Solana tokens in the last two days and staked the entire amount. Since such whale movements increase market confidence, analysts believe Solana could target the $300-$400 zone before the end of Q4.
Solana is currently trading for $246.27 after an intraday surge of 1.89%. Solana’s volume has also increased by 23.25% over the last 24 hours which indicates higher buying activity. Since Solana’s daily chart is still flashing strong sell signals, Solana’s current uptick is expected to continue until the token’s RSI reaches the overbought level.
Rollblock might be a new Ethereum backed token in the market but it has already proven its 100x potential by raising over $5.75 million in presale. While other tokens target particular segments of the market, Rollblock is positioning itself as the intersection between the $3.23 trillion crypto industry and the $500bn per annum gambling market. Thanks to this strategic placement, Rollblock is already attracting a variety of savvy traders and high rollers to its viral presale.
The main reason why Rollblock is a profitable investment for 2025 is the platform’s highly deflationary tokenomics. Since Rollblock has a weekly token burn mechanism, the platform’s circulating supply is capped at 1 billion tokens. 60% of these tokens are already allocated to the presale which means Rollblock’s demand will surpass supply as soon as the token is officially launched on the open market. As a result, RBLK’s price will continue to trend upward over time.
Another reason why investors are rushing to Rollblock’s presale is the token’s revenue-sharing model. Every week, Rollblock uses up to 30% of its revenue to purchase more RBLK on the open market. While this buyback mechanism increases the token’s demand, Rollblock uses 40% of the repurchased tokens to distribute staking rewards to current holders with up to 30% APYs. If that wasn’t enough, then Rollblock also gives away exclusive bonuses to VIP tier presale holders based on their RBLK holdings.
For now, Rollblock is giving a massive 50% deposit bonus as a limited time offer to new investors. Since RBLK is available for only $0.036 in stage 8 of presale, analysts believe now is the ideal time to invest in Rollblock before the price explodes in early 2025.
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. Times Tabloid is not responsible for any financial losses.
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