The US SEC approval of spot Ethereum Exchange-Traded Funds saw different responses from the crypto industry, with some viewing the approval as a sign of confidence in the digital assets while others considered it a risk. Despite these views, the approval led to a massive surge in different cryptos, with some recording significant uptrends, including Ethereum (ETH) itself. However, the hype behind the approval seems to have settled down as the current market has seen lots of cryptos undergo a bearish trend, except for one new crypto that is in its stage three presale.
Rollblock (RBLK) has been making waves within the presale market, having recorded a 40% surge. This new crypto is now being considered one of the top altcoins to watch in 2024, owing to its unique revenue share model, which continues to attract investors across the globe.
Rollblock (RBLK) Outshines Top Cryptos In June
While most projects experienced significant growth over the past months, Rollblock (RBLK) is still dominating the presale space in June. Its value has already risen by 40%, and its presale is still attracting thousands of investors. Over the coming months, experts predict that Rollblockmight surge by 720%, making RBLK one of the best altcoins to invest in.
Rollblock aims to introduce a GambleFi protocol that will overhaul the outdated processes in the gambling market. With a fully operational and licensed online casino, Rollblock stands out in various ways, including the use of blockchain technology, which makes the platform extremely secure.
Along with its online casino, Rollblock also offers its users a passive income opportunity. The project has a unique revenue share model, where RBLK stakers get a share of the casino revenue. This model works by allocating up to 30% of its weekly revenue to acquiring the RBLK tokens from the open market. Half of the Rollblock token acquired will be burned, creating scarcity in the process, while the remaining half will be allocated to staking rewards.
Currently, at stage three of its presale, this best crypto investment token is going for just $0.014. It has raised more than $726K while aiming for the $2M target by the end of June. Moreover, analysts believe that this crypto will hit the $1 mark by the end of 2024, making it the best cryptocurrency for beginners and professional traders alike. Additionally, Rollblock will also be giving away $20,000 in prizes at the upcoming European Football Championships.
Ethereum (ETH) Price Dips Amid Market Pressure
Despite Ethereum's (ETH) attempts for a recovery wave, its price has still failed to recover above its $3,650 resistance. The Ethereum price dipped below the $3,550 support level, with the price now consolidating losses just like Bitcoin. However, the ETH price managed to undergo a slight correction above the $3,480 level, climbing above the 23.6% Fib retracement level of the downtrend move from the $3,710 swing high to the $3,430 low.
If the Ethereum coin manages to record more gains, the price could face resistance near the $3,550 level. Moreover, an uptick above the $3,650 resistance might also send the price of Ethereum higher. Alternatively, a breakthrough past the $37,000 obstruction could also trigger upward forces, with close targets at $4,094 and $4,868 coming into the center.
The Ethereum market’s direction is, therefore, tied to its administrative choices and general financial patterns, underscoring the need to check SEC activities and large-scale pointers. As Ethereum navigates its instabilities, dealers and financial experts brace for potential instability while peering toward the resistance levels for key decision-making that might influence the price of this best crypto to invest in.
Will Rollblock Standout Within the GambleFi Market?
With many players globally losing confidence in traditional casinos, Rollblock is in a better position to capitalize on such an opportunity. Moreover, experts predict that Rollblock will gain massive traction over the next year, something that will make it claim a larger stake in the gaming industry. This will then turn into better returns for early adopters, positioning it as a top crypto to invest in.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website:https://presale.rollblock.io/
Join our Rollblock community:https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
