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Cryptocurrency News Articles
Rollblock Closes in on $9M Valuation as Rumor of Exchange Listing Hits ETH and SOL Investors Hard
Jan 22, 2025 at 05:30 pm
The Trump-fueled rally many crypto stalwarts had finally fizzled, and the aftermath has highlighted the importance of the innovation and resilience
Trump’s inauguration and his pro-crypto administration have set hearts racing. Ethereum and Solana had a fair share of the volatility and FOMO that followed. Ethereum price dropped a whopping 4% below $3,300 again, while Solana‘s surge to ATH was just a flash in the pan. But these rollercoaster peaks have nothing on Rollblock’s sturdy performance and impressive resilience. In fact, the GambleFi giant is still raising dust.
Exchange listing FOMO is hitting ETH and SOL investors hard as they bet heavily on its potential to dominate blockchain gaming.
After Trump’s inauguration and his administration’s pro-crypto stance, the digital asset market experienced a downturn, highlighting the critical role of innovation and resilience in the industry. Among the crypto heavyweights, a new GambleFi protocol is disrupting the online gambling market in ways that can only be dreamt of.
But the rumours around an impending exchange listing have raised FOMO, with its presale closing on a $9M valuation. Even Ethereum and Solana maxis are snapping up its utility-driven token in the ongoing presale. Rollblock’s revenue share allure has bucked up the bullish narrative. But that pales compared to its extensive gaming ecosystem, which boasts over 7,000 titles, including extensive sports betting options.
The token is still in presale, and over 40,000 investors are on board. Liquidity and team tokens are locked to foster transparency and a community-driven ecosystem. What could stop this ingenuity from clinching a billion-dollar valuation post-launch? Analysts even predict a surge to $1 from an enticingly low price of just $0.046.
Ethereum falters, but World Liberty Financial’s purchase ignites FOMO
Despite an impressive 2024 for the altcoin market, ETH ended the year below $3,400. Trump’s pro-crypto administration is turning things around, with Ethereum being a central part of his first monumental move. Before his inauguration, Trump’s World Liberty Financial DeFi platform acquired 14,403 ETH for $16M.
While analysts are predicting that the acquisition is pivotal for Ethereum, its price has remained down 4% MoM. Even the historical trend that X analyst Ali Martinez predicted could push the price to a $7,000 ATH didn’t play out. However, savvy investors are diversifying heavily with the new RBLK token as rumours of an exchange listing swirl.
Solana falls 21% from ATH as Trump’s inauguration frenzy fizzles
The volatility that resulted in Trump’s recent TRUMP coin launch and inauguration also sent a cautionary tale to Solana maxis. Solana basked in the spotlight after the US president-elect announced his memecoin launch on the network. But the euphoria was short-lived. Following its meteoric rise to a new ATH at $296, Solana’s price sharply plummeted 21% to a critical Fibonacci support level at $237.
Solana maxis were left reeling as the token’s price dropped drastically from its recent all-time high following the US president-elect's meme coin launch on the network. After surging to a new ATH of $296, Solana’s price quickly plunged by 21% and found critical support at the Fibonacci level of $237.
Analysts have highlighted the $230 level as pivotal support. However, investors have remained cautious, especially since Solana‘s momentum hinges desperately on meme coins’ fleeting fad. Investors are divesting for a more stable opportunity with Rollblock’s ongoing presale.
Conclusion
The Trump-fueled FOMO Ethereum and Solana experienced proved how fickle speculative hype can be. In stark contrast, a GambleFi platform like Rollblock stands out with its AI-powered gaming ecosystem, attracting both seasoned and new investors. The rumour of an exchange listing is driving more demand for its ongoing presale and hints at powerful gains ahead this year.
Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io Socials: https://linktr.ee/rollblockcasino
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