With the bull market drawing closer, Ethereum has been one of the top-performing altcoins in the market. The odds of Ethereum ETF approval recently rose to 85%, triggering a massive rally for the top altcoin.
Now some analysts are tipping Avalanche and Rollblock to follow in the same footsteps.
Over the past few months, the Avalanche blockchain has witnessed massive adoption, with the new partnership projected to be a game changer. Meanwhile, the Rollblock presale is already making waves across the altcoin market while attracting whales. A growing number of analysts believe that both tokens could witness massive growth in the coming weeks.
Rollblock Price Increases by 20% As the Altcoin Attracts Whales
Rollblock (RBLK) is a new GambleFi ecosystem that aims to close the gap between CeFi and DeFi games while bringing the best of both worlds. The ecosystem is developing solutions to solve issues of transparency, security, and efficiency inherent in traditional casino platforms. At Rollblock, all transactions are recorded on the blockchain making them permanent and immutable, meaning it is impossible to alter bets when placed.
The platform’s security is top-notch, as Rollblock ensures that all transactions are encrypted with the latest blockchain technology. Issues of scalability are solved, as the platform was built to accommodate a large audience without compromising performance and user experience. Rollblock doesn’t require KYC, making it easier to deposit and withdraw.
The Rollblock platform is a fully functional and operational crypto casino games platform. The ecosystem complies with all the legal frameworks to protect players’ data. Notably, Rollblock offers multi currency staking. That means users can stake a host of cryptos like Ethereum, etc. The platform’s native currency is RBLK. With its surging popularity, a growing number of analysts think it is could be one of the best altcoins to invest in now.
The RBLK token is currently in stage 2 of the presale and sold for just $0.012. The team has sold over 36M tokens, which has helped them raise over $360,000 in presales. Having given early buyers 20% ROI within weeks of the presale, some analysts are now predicting it could return 800% in the presale, which could make it one of the top altcoins to buy now.
Avalanche Price Analysis – Can It Hit $100 in 2024
Avalanches’ recent partnership with Gamestarter, a well-known web3 gaming forum, to launch GameChain, a new layer-1 platform for simplifying blockchain game development, could be a game changer in the DeFi market. According to Gamestarter, over 50 projects are poised for launch in GameChain.
Following the announcement, Avalanche’s price jumped up, with the token gaining 25% in the past week. Meanwhile, the token is on the path of establishing support above $40. A move that could trigger more rallies. With Avalanche’s market cap and other key market indicators showing green, the token is poised for a rise. As such, some Avalanche price predictions are in the range of $60 in Q3 and $100 in Q4, making it an altcoin to watch in 2024.
Ethereum ETF Approval Rumors Boost Price
With the odds of Ethereum ETF approval rising to 85%, the Ether price has surged in the past few days. Standard Chartered, one of the top banks, expects the SEC to approve Ether ETFs this week, a move that could lead to inflows of between $15B and $45B in the first 12 months. If such happens, the Bank believes that ETFs could drive the Ethereum price to $8000 before the end of 2024.
Meanwhile, data from CoinMarketCap shows that Ethereum’s price has surged by 29% in the past week. Although the Ethereum trading volume is down, analysts believe the token will soon retest the $4000 mark. As such, most Ethereum price predictions see the altcoin hitting $5000 in 2024.
You can find out more about the Rollblock (RBLK) presale below:
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Bullish Analysts Predict Avalanche (AVAX) and Rollblock (RBLK) Could Follow In Ethereum’s Footsteps appeared first on CoinJournal.
