On the first day of trading, Ethereum ETFs saw over $1 billion in trading volume. The pre-existing Grayscale Ethereum Trust saw the biggest activity at $456 million. Before they converted it to an ETF, it held $9 billion worth of Ether. During the same timeframe, Celestia shed 10% in value causing hundreds of Celestia investors to sell in the process.
Meanwhile, another great opportunity is making waves in the presale space. Rollblock is an innovative GambleFi project currently in stage four of its presale. Having already rallied by 70%, experts believe it could become a leading cryptocurrency by the end of 2024.
Ethereum ETFs Trading over $1 Billion on the First Day
The introduction of Ethereum ETFs is a huge milestone in the crypto market. In the first hour alone, Ethereum ETFs saw a trading volume of $320 million, showing huge demand. While Ethereum’s price is yet to react, experts believe that Ethereum is gearing up for a huge surge in Q3. Analysts’ predictions range from $4,000 to as high as $7,000, though in the past 24 hours Ethereum’s price has dropped by 1.18%.
Celestia Sheds 10% in Value After It Gains
Over the last year Celestia’s price surged by 238%. This made Celestia a highly sought after altcoin, with some analysts predicting it could challenge leading projects. However, Celestia has lost its momentum in 2024.
Over the last 24 hours Celestia’s price decreased by 10%, falling to $6.49. This has caused Celestia’s daily trading volume to crash by 22%, with many investors choosing to sell their holdings to minimize losses.
Rollblock Attracts Crypto Whales as Stage 4 Gains Huge Momentum
Rollblock is a GambleFi protocol seeking to change the iGaming industry using blockchain technology. Operating a fully licensed crypto casino, Rollblock gives players access to over 150 casino games including classics and new releases. These are powered by blockchain technology which records financial transactions and makes bets immutable.
No KYC checks are required to sign up, and the platform is compatible with more than 20 major cryptocurrencies. To get started, all investors need is their crypto wallet or email.
$RBLK is the utility token of the Rollblock ecosystem. It grants holders several rewards, including access to Rollblocks’ revenue share. The project will use up to 30% of its revenue to purchase $RBLK from the open market. Half of these tokens will be burned and the remaining half will be used for rewards.
Currently, Rollblock is in stage 4 of its presale, with the price at $0.017. Having seen three price increases in July alone, experts believe that $RBLK could see at least two more increases before the month ends. By the end of its presale, experts speculate that returns could go as high as 800%, with a 100x rally once Rollblock is listed on major exchanges.
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.
