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The SEC recently announced it plans to accept applications for an Ethereum spot ETF. This has put the crypto market in a state of frenzy, with projects like Theta Network and Ethereum Classic seeing huge overnight returns. However, as their price increases dwindle, Rollblock is taking the spotlight. This innovative GambleFi protocol has already gained traction during its presale, and experts believe it could offer 100x returns for early adopters.
Can Theta Network Return To Its 2021 Highs?
Theta Network has been a strong-performing cryptocurrency in 2024. It started the year below $1, though it quickly rallied in Q1 and has since increased in value by over 250%. This increased Theta Network’s native currency THETA to $3.70. However, its price dipped below $2.50 just weeks after its rally.
Theta Network (THETA) is now trading at $2.51 and has increased in value by 28% over the past week. This increase has been heavily influenced by bullish market trends, which have attracted thousands of new investors to the DeFi space.
Having recently passed $2.5 billion in market cap, Theta Network is in a strong position for additional growth this summer. Some experts believe that Theta Network could pass its former all-time high of $15.90 in April 2021, though others believe this prediction could be overly bullish. Instead, they suggest that Theta Network could increase to $10, 4x its current value.
Ethereum Classic Loses Momentum
Ethereum Classic recently rallied by over 20% to $32. However, Ethereum Classic has since met resistance. Its value has fallen by 1.64% over the last 24 hours, and Ethereum Classic is now trading at $31.15.
Furthermore, Ethereum Classic’s daily trading volume is also down by 8.22%. The project’s trading volume is currently just $647 million, suggesting that many investors are favoring Ethereum over Ethereum Classic. That said, Ethereum Classic could still experience strong returns if an Ethereum ETF is released in the U.S.
Rollblock’s 20% Surge Is Just The Tip of The Iceberg
Rollblock recently increased in value by over 20% after stage one of its presale sold out. However, experts believe this is just the starting point for the project’s growth. This innovative GambleFi protocol continues to attract thousands of investors with its unique approach to gambling.
The project already runs a fully operational and licensed casino. The Rollblock casino uses DeFi technology to offer enhanced security. It’s compatible with over 20 cryptocurrencies, and users have access to over 150 games – with sports betting set to be introduced over the coming months. Millions of people participate in online gambling all over the world and Rollblock sees itself onboarding a new wave of people into the crypto space, as well as turning heads from those already into crypto.
To incentivize $RBLK ownership, Rollblock has a number of benefits for holders, including rakebacks, VIP Bonuses but the benefit really capturing large investors attention is their unique revenue share model. Rollblock will share up to 30% of its revenue with holders who stake tokens. Rollblock will reward holders by using revenue to buy $RBLK tokens from the open market. It will burn half of the purchased tokens to create a deflationary effect and use the remaining for staking rewards. This will enable Rollblock to offer its holders some of the best passive income opportunities in the space, something really capturing eyes from investors.
Having already increased in value to $0.012, $RBLK is in extremely high demand. Over 45% of Rollblocks second presale stage has sold out in just a few days, leaving investors with limited time to get involved at an extremely lucrative price. The price is set to increase soon to $0.014 in Stage 3.
How High Will Rollblock Go?
As one of the first DeFi casinos to share its revenue with token holders, it’s no surprise that Rollblock has already gained global attention. As its presale continues to gain traction, experts believe that $RBLK could see huge returns of 720% in the presale, followed by an additional 50x rally once Rollblock’s presale is completed and the token lists on exchanges. This would still only put Rollblock in the hundreds of millions of dollars in terms of market cap, showing just how much room there is for this GambleFi protocol to grow.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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