Altcoins

Rollblock Achieves New Milestone – Top Mainstream Altcoin Buyers Piling Up

Published

7 months ago

21 June, 2024

Rollblock Achieves New Milestone – Top Mainstream Altcoin Buyers Piling Up

With the cryptocurrency market facing a downward trend, investors are taking the opportunity to accumulate the best altcoins. Among the altcoins that traditional buyers are accumulating are Roller block, which has reached a new milestone in pre-sale. After selling nearly 75 million tokens, the team has raised over $750,000 in pre-sales as momentum continues to build. Meanwhile, investors are taking advantage of the current decline to accumulate altcoins such as Arweave and Floki, which are expected to rise in the coming weeks.

Rollblock Token Presale Hits $750,000 With $1M On Sight

Rollblock’s ongoing pre-sale has reached a record milestone just weeks after its launch. Recent data shows that nearly 75 million RBLK tokens have been sold, helping the team raise over $750,000. Some analysts estimate the team will raise more than $1 million before the end of June. As such, RBLK is now on the experts’ list of the best altcoins to watch in the coming weeks.

The price of Rollblock is not left out in this growing dynamic. After starting the presale at $0.01, the RBLK token is now selling for $0.014, providing early buyers with a 40% yield. Notable crypto experts believe that the ROI will reach 600% in the third quarter as the token is set for CEX listing within this time frame. With these predictions, now is the best time to buy this best altcoin.

Joining the platform is very simple as no KYC is required. With your email you can register and explore more than 150 games. The native token RBLK serves as the currency of the ecosystem. With it, you can access exclusive games, stake the token for rewards, or even convert it to fiat currencies or cryptos. The ecosystem allows for multi-currency staking, meaning you can stake Bitcoin and more.

The revenue sharing model has also been touted as a standout that makes RBLK one of the best altcoins to invest in currently. Rollblock will create extreme shortage by buying back tokens on open markets with up to 30% of its weekly revenue. Half of these tokens are burned in order to encourage long-term price increases, while the remaining half is given to users who stake the native token.

Meanwhile, Rollblock is an upcoming gambleFi protocol that will bridge the gap between DeFi and CeFi gaming. The main objective of the ecosystem is to solve major problems affecting the gaming industry. Using blockchain technology, Rollblock will ensure adequate security, transparency and efficiency in casino games. Overall, analysts believe that RBLK is one of the best altcoins to buy right now.

Arweave Price Prediction – Will AR Hit New Highs in Q3?

Arweave is a decentralized computing system that seeks to provide a permanent data storage platform. Described as a collective hard drive that never forgets, the ecosystem has seen massive development over the months, with the recent launch of the AO token, which will expand the company’s reach in the digital currency market.

In the Price indicator since the beginning of the year, the price of Arweave increased by over 390%, taking the price from $8 in February to over $48 in May. At the same time, Arweave’s market capitalization grew from less than $1 billion to more than $1.6 billion. While the token’s price has fallen 48% over the past month, Arweave’s trading volume is in an upward trend. As such, analysts are predicting a market retest of $40 in June, making it one of the best altcoins to buy right now.

Floki price falls but investors are optimistic about a resurgence

Floki is one of the top altcoins that has seen massive growth over the past few months. In year-to-date price measurement, Floki’s price has increased by over 600%, mainly triggered by the constant burning of tokens. Following the market recovery, Floki set a new all-time high price of $0.00034 on June 5.

However, the rally did not last long as the declines resurfaced. Over the past week, the price of Floki has fallen by over 30%. However, the positive is Floki’s increased trading volume, which signals high market activity. Crypto analyst Couriers observed that Floki price approached the previous resistance trendline and the current support zone. A resurgence and possibly a rally are therefore imminent in the coming days.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Social networks: https://linktr.ee/rollblockcasino

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality or accuracy of the material contained in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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Altcoins

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Published

6 months ago

29 July, 2024

CoinFlix Staff

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Popular crypto analyst Michael van de Poppe has highlighted his altcoin portfolio approach in light of the new Ethereum ETF. In a recent Youtube videoThe analyst explained the measures he would take for this major market event.

The Ethereum ETF was listed on the stock exchange and it took time to get approval and so far there has been no significant change in price. The analyst pointed out that the long-term effect could be quite significant, comparing it to the situation of the Bitcoin ETF where the initial decline was followed by large inflows.

According to Van de Poppe, the Ethereum ETF’s trading volume on the first day of trading was about 25% of the volume Bitcoin ETF He noted that the first day of trading was marked by low inflation, and said there was a net inflow of $150 million to $160 million, which reduced the available supply.

Altcoins are poised for growth

The analyst said that as Ethereum adoption increases in the future, the supply of Ethereum will decrease, which is a deflationary model. Ethereum is up about 15% since the ETF approval, the broader market reaction has yet to happen as several sell-offs have taken place, including the Grayscale Trust.

Van de Poppe also mentioned other important market events, including the end of Mount Gox The process of repaying creditors initially caused tensions in the markets, but had little effect subsequently. It also highlighted the role of macroeconomic factors, which can lead to Fed rate cuts, which can affect markets.

In this regard, looking at van de Poppe’s strategy, he is still keen to trade within the altcoins of the Ethereum ecosystem. He stated that there is a possibility of short-term price fluctuations that may discourage many people, but the long-term still looks good due to the improvement and adaptation that has been made to Ethereum and its environment.

According to the analyst, substantial inflows could propel Ethereum towards new historic highs with estimates ranging from $5,000 to $7,000. Despite the current market fluctuations, he is confident that macroeconomic changes and greater liquidity will be favorable for altcoins.

He explained that his broad approach to altcoins, especially those associated with Ethereum, will be beneficial because the market will react differently to these events. The basis for his optimism comes from the fact that he believes that Ethereum and all associated projects are still extremely undervalued and have the potential to skyrocket as sentiment changes.

Looking ahead and market adjustments regarding the Ethereum ETF and other macroeconomic factors, the analyst remains bullish on altcoins. He suggested investors stay informed and believe that in the ever-changing world of crypto, they will eventually be rewarded.

Fuente

Altcoins

Altcoins Are Severely Undervalued, Awaiting Ethereum Move | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

IntoTheBlock Releases Report on Institutional DeFi Trilemma

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Altcoins

Altcoins Correct Amid ETH Decline, Grayscale Outflows | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

Disclaimer

Fuente

Altcoins

Epic Altcoin Rally Expected for August and September

Published

6 months ago

28 July, 2024

CoinFlix Staff

Crypto analyst predicts massive altcoin rally similar to Q1 2024, urging patience and accumulation.
Bitcoin’s potential as a reserve asset and its technical patterns suggest that it will drive the rise of the cryptocurrency market.

Captain Faibik, a renowned crypto analyst, has created excitement in the cryptocurrency sector with his latest prediction. He indicated that we are on the cusp of a massive altcoin rally, similar to the one we saw in Q1 2024.

We are on the verge of a massive Altcoin rally, similar to Q1 2024📈

Keep accumulating and hold with patience. (Patience will be rewarded)

The majority of #Altcoins have already hit rock bottom and are about to escape.

In my opinion, August-September is going to be epic for Altcoins.🚀🚀#Crypto pic.twitter.com/cMdHagiaYc

— Captain Faibik (@CryptoFaibik) July 24, 2024

Accumulating and Holding Altcoins: The Path to Potential Profits

He stressed the need to accumulate altcoins and hold them patiently, as it will eventually pay off. According to him, the majority of altcoins have already bottomed out and are about to break it. He believes August and September will be epic months for altcoins.

In a chart posted by Captain Faibik, the overall crypto market cap, excluding Bitcoin and Ether, known as TOTAL3, is approaching the upper boundary of a descending channel pattern.

This context suggests a potential breakout and a significant rally towards the $1 trillion mark. Technically, the decline since mid-March is interpreted as a corrective trend for the value of TOTAL3, signaling a preparation to enter a rally structure.

Bitcoin’s influence and legislative developments suggest good prospects for the future

Furthermore, based on sentiment and technical patterns, Bitcoin, the world’s leading cryptocurrency, appears poised to lead the charge in the cryptocurrency market. Bitcoin’s performance often sets the tone for the market as a whole, and a strong move in BTC could trigger a significant rally in altcoins.

Previously, as we have already said reportedSenator Cynthia Lummis said she plans to introduce a bill at the upcoming Bitcoin conference that would require the Federal Reserve to hold Bitcoin as a reserve asset.

If this law passes, the US will treat BTC as a long-term investment rather than selling huge amounts infrequently, which could disrupt the market.

In addition, asset management firm VanEck has proposed a bold scenario in which Bitcoin Price Could Reach $2.9 Million Per BTC By 2050based on its fundamental outlook. Matthew Sigel, head of digital assets at VanEck, and senior investment analyst Patrick Bush noted that their estimate is based on Bitcoin’s adoption as a global medium of exchange and reserve asset.

As Bitcoin price increases, altcoins are expected to gain popularity, indicating the start of a bullish rally shortly after the BTC halving event.

Meanwhile, at the time of writing, the price of BTC was hovering around $67,007.99up 4.67% over the past 24 hours following a short-term correction.