As the market is trying to find its footing, Ripple appears primed for a major run in the upcoming months. Two other altcoins could follow suit as well: Fantom and DeFi casino Rollblock. Rollblock has already seen a huge 150% increase during its presale, and analysts anticipate an 800% increase before its presale comes to a close.
Ripple is consolidating around the $0.53 mark, with a 1.7% increase in the last 24 hours. Ripple is also experiencing a steady increase in buying pressure, with a 20% intraday increase and $800 million traded. Analysts believe that a breakout is imminent, and Ripple will start rallying in October to finally reclaim $1 by the end of the year.
So far, 2024 has been a busy year for Ripple, between its ongoing legal battle with the SEC and several new technological advancements. Recently, CEO Brad Garlinghouse stated in an interview with Bloomberg that the stablecoin RLUSD will be launched soon, further expanding the Ripple ecosystem. This could significantly drive up Ripple’s price in 2025.
Fantom is rebranding to Sonic Labs in an effort to revitalize Fantom’s ecosystem after a period of low adoption. In a blog post on September 9, Fantom/Sonic Labs CTO Andre Cronje announced plans to introduce credit scores for digital wallets on the Sonic blockchain, targeting the $11 trillion global unsecured lending market.
Today, Fantom is priced at $0.48 with an 8.6% intraday increase and a noteworthy 38% monthly increase. Fantom is approaching the critical $0.50 resistance level. Once it’s reclaimed and turned into support, Fantom will have a clear road to $1 ahead.
Community-backed GambleFi casino Rollblock is making waves in the altcoin landscape and the $450 billion online gambling industry. The project showcases a cutting-edge platform and novel revenue-sharing mechanism.
Rollblock addresses the many issues in the online casino sector that have been driving users away. These include a lack of trust, transparency, and security. By leveraging blockchain technology Rollblock ensures quick and easily traceable transactions, while the no-KYC policy safeguards user privacy.
The removal of unnecessary friction upon signing up has led to the explosive growth of the Rollblock user base, counting more than 12,000 players. By connecting their wallets, individuals can access the 7000+ game catalog, with sports betting to be added soon.
The RBLK token powers Rollblock’s groundbreaking revenue-sharing mechanism, and rewards holders with generous staking rewards while simultaneously deflating the total supply. Up to 30% of Rollblock’s profits are reinvested each week to repurchase $RBLK tokens. Half of this amount is redistributed to the community while the rest is burned forever, promoting scarcity-driven growth.
The ongoing presale has already raised $3.3 million in funds, and RBLK sells for just $0.025. Analysts expect RBLK to reach at least $1 by the end of the year, as new ATHs are being reached every week. Given how cheap RBLK is now, there has never been a better time to get involved.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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.
As Toncoin struggles to rebound from a notable dip, with its value locked showing a…
The notion of XRP reaching $100 is still being propagated by several analysts and experts…
Kaspa’s price has dropped 3% in 24 hours, continuing a week-long decline, while Ethereum struggles…
Investors keen on identifying the leading cryptocurrencies for 2024 are closely watching Bitcoin, Uniswap, and…
Singapore, Singapore, 17th September 2024, Chainwire
The cryptocurrency landscape is constantly evolving, with SUI crypto showing strong market formations and Monero…