Altcoins
Who knew that SEC closing investigation into Ethereum would be bearish for ETH and Altcoins; Here is a cryptographic gem with which to recover everything
Many analysts and traders who were expecting a bullish outcome based on the data findings were shocked that these altcoins trended downward, with investors leaving to find more stable investments. Despite these negative trends, a leading DeFi token, Rollblock (RBLK), has emerged to help investors recover losses in the cryptocurrency market.
The Impact of the SEC Investigation on Ethereum (ETH)
On June 20, 2024, after the SEC closed its investigation, the price of Ethereum (ETH) experienced a brief increase to $3,608.25. However, to the dismay of investors, this was not a lasting growth as the price immediately dropped to $3,502 and has been on a downward trend ever since, now sitting at $3,403.
This drop in the price of Ethereum has led to increased market instability, with cryptocurrencies such as Bitcoin Cash (BCH) and Ethereum Classic (ETC) trending downwards. Investors looking for the best altcoins to invest in are now more cautious about their investments and look for promising investments that do not exhibit increased volatility.
This market reaction to the SEC update highlights the importance of having stable cryptocurrencies with high growth potential in every investor’s portfolio. It also shows how major assets like Ethereum can upset the balance of the entire market. With innovative tokens linked to high-growth sectors, investors can experience stable portfolio growth unaffected by changes in major coins like Bitcoin (BTC) and Ethereum.
Rollblock ($RBLK) stands out as a potential impediment to cryptocurrency volatility
Rollblock (RBLK) is a new protocol that aims to disrupt both the GambleFi and casino industries. The Ethereum-based project features a live casino and allows $RBLK token holders to receive a percentage of the revenue generated by its casino, which will result in a steady increase in investor profits as the platform grows. To ensure a growing crypto platform, Rollblock has designed several initiatives capitalizing on the $540.3 billion gambling industry.
The traditional online gaming industry has struggled with transparency and trust in placing bets. With no desire to risk their funds on rigged games, many players now refuse to place bets, negatively impacting the growth of the industry. Rollblock provides a solution to this problem by using blockchain technology to secure all transactions. All users are guaranteed a safe bet and bets cannot be changed once placed.
During games, Rollblock will reward users with $RBLK tokens which they can then use to play more games, win, and increase their funds. The platform has seen a huge influx of users, hundreds of users per day, in just two months thanks to its easy access system, which requires no KYC from players before accessing hundreds of games on the platform. Users just need to open an account with an email or crypto wallet, deposit from a selection of over 20 cryptocurrencies and start playing different games with instant wins and payouts. This has allowed Rollblock to already have over 3000 registered users.
As the platform grows, Rollblock’s price is expected to rise by 720%. This is huge for investors, who can not only profit from price increases, but also from Rollblock’s revenue sharing model.
Up to 30% of the casino’s revenue will be used to buy back RBLK tokens from the open market. 50% of the purchased tokens will be allocated to rewards and 50% will be burned to increase the value of the tokens.
In addition to the Rollblock revenue sharing model, players on the platform can also stake their $RBLK to earn more rewards and bonuses. Any $RBLK earned can be converted into other cryptocurrencies or fiat with low transaction fees and fast processing times.
Investors struggling to find the best token to invest in and those looking to recover lost money from Ethereum (ETH) and other altcoins have a huge opportunity with the Rollblock ($RBLK) presale. Currently in Phase 3 of the presale with a price of $0.014, analysts have already predicted that Rollblock could see an 800% increase in the coming weeks before the presale ends. Investors who get in early enough could not only enjoy these profits, but could see an additional 100x rally once RBLK is listed on major stock exchanges.
Discover the exciting Rollblock (RBLK) presale opportunities today!
Website: https://prevendita.rollblock.io/
Social: https://linktr.ee/rollblockcasino
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The opinions expressed on this page are those of the author and not of The Portugal News.