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Cryptocurrency News Articles
Ethereum Nears $3,000 Mark with 20% Monthly Gain
Nov 10, 2024 at 02:38 pm
With the Ethereum Foundation recently releasing its current financial position and the fact that Ethereum has surged by 20% in November, this major altcoin remains in a fantastic position for future growth.
Major altcoin, Ethereum, has surged by 20% in November and is now trading at around $2,964. This comes after the cryptocurrency suffered a major dip when it was trading for as low as $2,366 earlier this week. However, it has since had a meteoric rise that has coincided with the results of the US election.
The recent financial report from the Ethereum Foundation shows that the organization has made a substantial profit from its ETH holdings, which were valued at over $1.1 billion at the end of September. This is a significant increase from the $33.8 million in ETH holdings that were reported in March of this year.
Meanwhile, the Avalanche Foundation has bought back over $53 million of Avalanche tokens, which will be used for a range of different initiatives. This comes as Avalanche has already rallied by 10% in the last week, and this large-scale movement of Avalanche tokens is prompting further increases. Avalanche sentiment appears to be bullish, and in the last day the token has increased by a further 4.63%.
Finally, Rollblock has also experienced a huge boost with 87.33% of its presale stage 7 sold and a price increase from $0.033 to $0.035 imminent when stage 8 lands. This new Web3 casino platform has two main features that have attracted over 16,500 investors to date.
The first is a GambleFi protocol that is built on the Ethereum blockchain, which enables secure and fast transactions for customers to enjoy today. This platform is already generating substantial revenue, which is key for the RBLK revenue-sharing program. Customers can enjoy over 7,000 casino games, including 1000+ live dealer games and thousands of popular video slots.
The other feature of this GambelFi ecosystem is the RBLK token, which customers can purchase for up to a 50% token bonus during the presale. Currently in presale stage 7, RBLK has a superb revenue-sharing process where each week up to 30% of the platform’s profit is used to buy back RBLK from exchanges.
Of these tokens, 60% will be burned as a deflationary measure and the other 40% will be distributed as staking rewards—making this a highly anticipated Web3 casino platform. Investors can enjoy a superb DeFi experience with excellent entertainment value and also hold their RBLK and get regular dividends.
This is why Rollblock has already increased in price by over 230%, with a 20x return possible before the end of the year, which is why many investors are also buying into Rollblock together with major altcoins like Ethereum and Avalanche.
With a massive 50% bonus currently being applied to all purchases, Rollblock is a definite winter winner. Don’t miss out on the exciting opportunities of the Rollblock (RBLK) presale today.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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