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Cryptocurrency News Articles
Bitcoin (BTC) Rally Slows as Capital Shifts to Altcoins: Solana (SOL), Ripple (XRP), and Rollblock (RBLK) Target ETF Approval and 100x Growth
Nov 27, 2024 at 07:00 pm
The Bitcoin (BTC) price rally is slowing as we enter the middle of the latest crypto cycle. This shift in momentum is pushing the rally to other top altcoins, such as Solana (SOL), Ripple (XRP) and crypto casino Rollblock (RBLK).
As we enter the middle of the latest crypto cycle, Bitcoin's blistering rally is slowing. This shift in momentum is pushing the rally to other top altcoins, with Solana, Ripple and crypto casino Rollblock making waves.
Bitcoin's stellar opening rally to this fresh bull cycle is slowing, but analysts expect it to resume soon, albeit at a slower pace.
Solana ETFs remain second in line for approval, despite its staggering performance in the previous crypto cycle. This delay is likely due to Solana being a relative newcomer compared to other tokens.
Solana price had a lackluster week as news of its secondary position for ETF approval spread. This news, coupled with a slowing Bitcoin rally, saw Solana's price remaining largely flat in a week where the rest of the market was soaring.
Bitcoin's slowing rally was even bigger news for Rollblock than for Solana or Ripple. Many whales are shifting capital to Rollblock's presale, ahead of its sports gaming expansion announcement this week.
This rollout will mark the final milestone in Rollblock's ambitious white paper, setting it up to take on the $500 billion global gaming industry.
Rollblock's platform has already made significant inroads, with thousands of players enjoying access to 7,000 games on the blockchain. Sports gamers will enjoy the same advantages, like speed, convenience and transparency, that only crypto gaming can offer.
Sports enthusiasts will also benefit from Rollblock's signature gaming tokens, which redistribute profits through a system of weekly buybacks using the generated revenue. These buybacks provide income for holders through staking rewards and increase RBLK value through weekly burn events.
Rollblock's tokens are currently priced at $0.036 in its presale, with a 50% token bonus event active until the end of the month. Even the lower-end estimates have this top altcoin rocketing 100x higher when its presale ends early next year.
This fresh capital is expected to supercharge RBLK's growth once the tokens hit the market.
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- Ether (ETH) Nears Crucial Resistance Level of $3.5K, Data Suggests Bulls May Struggle to Break Through
- Nov 27, 2024 at 11:35 pm
- Ether (ETH), the native token of the Ethereum blockchain, has shown substantial gains recently after trailing market leader Bitcoin (BTC) for most of the current market cycle.