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Cryptocurrency News Articles

Rollblock Eyes New Breakout Levels By Christmas

Dec 12, 2024 at 02:30 pm

Things are a little different for Rollblock as the price of the new token keeps increasing during its ongoing presale.

Rollblock Eyes New Breakout Levels By Christmas

As the Christmas bull market shapes up, several new altcoins are making waves in the crypto space. Among them, Rollblock, a casino token, is showing signs of success during its presale. Having raised over $7 million, Rollblock investors have been raking in profits. Some analysts believe the new altcoin is set to outshine ETH and SOL over the coming weeks. Let’s find out why.

Rollblock Eyes New Breakout Levels By Christmas

Things are a little different for Rollblock as the price of the new token keeps increasing during its ongoing presale. After raising $7 million across 9 stages, the Rollblock presale is still going strong. Interestingly, the token’s price has been increasing across every stage, helping investors make immediate profits.

Several investors are also bullish on Rollblock because of its exciting features that position it as the next-generation online casino. Unlike the average casino out there, Rollblock infuses various earning opportunities into its project. These include a revenue-sharing program that allows token holders to get a cut of the casino's weekly profits from gamblers and a staking feature with up to an annual percentage yield (APY).

Committed players can also boost their earnings through VIP bonuses and potential wins from thousands of online casino games.

Ethereum Faces Resistance After Crossing $4,000

The ETH price crossed the $4,000 mark on December 6, 2024, after a few weeks of building momentum in November. The surge in the Ethereum price was a result of the late November to early December bull market that saw most cryptocurrencies reaching new 2024 highs. The same was seen in Bitcoin’s rally that pushed it beyond the $100K mark.

Some experts predict that the Ethereum drive will see it surpass its 2021 all-time high price of around $4,800 by Christmas. Technical indicators also signal a potential new high. However, the ETH price has dipped below $3,700, after the recent market correction and general drop in crypto prices.

Sol Price On A Decline: Should Investors Hold Or Sell?

Sol Price On A Decline: Should Investors Hold Or Sell? November was also a month of new highs for SOL. The Solana price crossed $260 for the first time this year amid speculations of a potential Solana spot exchange-traded fund (ETF) approval by 2025. Grayscale has also filed for approval to convert its Solana Trust into SOL ETF. That will boost access to Solana among institutional investors looking to buy it in regulated environments.

However, like ETH, there’s been a dip in the Solana price, falling to around $216 later on. Some analysts still predict it will reach new highs by Christmas. However, the bulls need to regain control of the market for this to happen.

News source:www.cryptotimes.io

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Other articles published on Dec 12, 2024