Altcoins
Evaluating the potential for new ATHs among BNB, Rollblock, ETH and SOL
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As top altcoins like Binance Coin, Ethereum, Solana, and Rollblock approach their all-time highs, investors are eager to see which one breaks through first.
Major altcoins that are yet to hit new highs in the coming weeks include Binance Coin, Ethereum, Solana and Roller block. It is a fact that all these altcoins are close to their current all-time highs and can easily surpass them. With all three exchanges on live markets, Rollblock offers users the opportunity to purchase a presale token that is less than $1 but poised for huge gains over the coming months. Let’s see which of these altcoins will be the first to set a new ATH.
Can Binance Coin still climb to $700?
Binance Coin (BNB) is an altcoin that could soon reach a new high. Data from CoinMarketCap shows that it is trading between $550 and $630, while its current high is $690.93. It is worth saying that Binance Coin tried several times to surpass this all-time high, but failed.
The altcoin is fighting strong resistance at the upper price levels and needs to overcome them to reach a high of $700. While this is possible, it is unclear when this will happen as the market has yet to feel the full impact of the Ethereum ETF approval.
Rollblock prepares for price hike in third stage
Roller block (RBLK) has the potential to significantly impact the rapidly growing GambleFI market, an industry estimated to be worth $744 billion by 2028, as it introduces blockchain technology to deliver a user experience that prioritizes security , confidentiality and efficiency. Notably, the casino platform is already online, fully licensed and accessible worldwide, giving RBLK a significant advantage over other projects.
Another notable feature of Robllock is its emphasis on user anonymity, as it eliminates Know Your Customer (KYC) checks and, therefore, RBLK facilitates anonymous gaming, catering to a segment of users who enjoy a more private gaming experience. Up to 30% of casino revenue is allocated to repurchasing RBLK on the open market. Half of these are then burned, which permanently reduces supply and increases scarcity.
The remaining half is distributed as staking rewards, encouraging long-term investments in the ecosystem. Additionally, the crypto is already up 20% and the presale has exceeded $520,000, with analysts predicting that this figure could reach $1 million by the end of the month.
Currently, in stage 2 of the presale, RBLK offers an entry point at $0.012 per token. This presents an attractive opportunity for future returns, as some analysts predict that RBLK crypto can experience a 100x increase in value.
Ethereum Price Turns Volatile After ETF Approval
Before the approval of Ethereum (ETH) ETFs by the US SEC, analysts predicted that the price of Ethereum would reach a new all-time high of $5,000. One such analyst, Standard Chartered, even predicted that Ethereum would reach $8,000 before the end of 2024.
As Ethereum price hit a weekly high of $3,968.15 after the SEC approval, it became volatile. To surpass its current ATH of $4,892, altcoin Ethereum’s price needs to rise by 20%. This could happen once Ethereum ETFs begin trading, but it is unclear when exactly this will happen.
Solana Price Forecast
Solana (SOL) is another altcoin that has shown great promise this year after nearly breaking its all-time high of $260.06. Although the price of the altcoin SOL has corrected to between $160 and $180, analysts remain optimistic about their Solana price prediction of $300.
They believe that Solana will gain momentum once there is a price rise in the broader crypto market. Although it could happen at any time, the timeline is not certain.
Conclusion
Binance Coin, Ethereum, and Solana are close to their current ATHs, but they have strong resistance ahead that has stopped them from setting new highs. As Rollblock sold over 80% of the tokens for the second stage of its presale, investor demand quickly increased for those looking to take a share of the profits on offer.
To learn more about Rollblock, visit the website and consult the social networks.
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