Bitcoin hit an all-time high in Q2 before facing a steep decline to $50,000. Now, with Bitcoin entering another bull run, experts believe it could push towards $100,000. Meanwhile, Solana has followed a similar trend, though recently experienced an 8.7% price surge after VanEck filed an ETF application with the SEC.
Besides Solana and Bitcoin, a new cryptocurrency has been generating a buzz. Rollblock ($RBLK) has surged 70% over the last two months, raising over $1.2 million in the process. Should its growth continue, experts believe it could become one of the best performing altcoins in 2024.
Several data points suggest Bitcoin could hit $100,000 before the end of 2024. For example, the rise of Bitcoin ETFs could spur demand causing a sharp incline. Another data point contributing to the rise would include governments like El Salvador adopting it as their legal tender.
Earlier in the year, Bitcoin also halved its supply, which they built into the monetary policy of Bitcoin. This reduces how much new Bitcoin hits the market and historically, Bitcoin’s price more than doubled post halving.
One of the big recent trends in crypto was the SEC approval of Etherium ETFs. This approval set rumors swirling about the possibility of a Solana ETF. The first Spot Ether could start trading on July 23. Solana could soon follow after. VanEck filed an ETF application with the SEC for Solana and experts believe this could take Solana to a new all-time high later this year.
Seeking to improve the iGaming industry with blockchain technology, Rollblock is a decentralized GambleFi protocol that solves many problems in the casino market. This project already runs an operating casino showcasing over 150 games like slots, roulette, and blackjack. These will soon be accompanied by sports betting, which will allow users to place bets on the NBA, the NFL, and more.
Unlike other casino’s Rollblock prevents the house from manipulating bets. Once a bet is placed its final and immutable, being recorded on the blockchain. Furthermore, users don’t need to pass KYC checks. Instead, they can sign up with an email or a crypto wallet. This means cybercriminals can’t hack into the casino to steal confidential information.
To incentivize buyers, Rollblock implements a revenue sharing model. This model allocated up to 30% of the project’s revenue to a buyback mechanism which buys $RBLK from the open market. Half of these tokens are burned to raise scarcity and the other half is distributed to stakers.
Rollblock has reached stage 4 of its presale with over $1.2 million raised, achieving a huge milestone. The price is currently set at $0.017 and experts believe that $RBLK could see a massive 800% increase before its presale ends!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.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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