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Bitcoin (BTC) Hints Market Recovery as JPMorgan Makes Promising Bitcoin Price Prediction, But the Real Deal Could Lie With New Crypto Gems Like Rollblock ($RBLK)

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Release: 2024-07-18 19:26:47
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Rollblock is a new GambleFi platform on Ethereum that has sparked massive investor and player interest with its innovative hybrid infrastructure model casino.

Bitcoin (BTC) Hints Market Recovery as JPMorgan Makes Promising Bitcoin Price Prediction, But the Real Deal Could Lie With New Crypto Gems Like Rollblock ($RBLK)

Bitcoin price action over the past week hints at a looming market recovery amid promising JPMorgan Bitcoin price prediction. While Ripple XRP is already up in double-digits, the real deal could lie with new crypto gems, like Rollblock ($RBLK).

Bitcoin (BTC) price records an impressive 10% weekly jump

In 15 short years, Bitcoin has earned a spot in the financial world as the most profitable asset, rising from 2010 lows to hit an earth-shattering ATH of $73,777 in March 2024.

Recently, Bitcoin has been flirting with its 2021 monthly support in the $60,000 area but slightly hurtled down to the $53,000 region on July 5. However, investors slurped the dip, pushing Bitcoin price above $62,000.

A recent JPMorgan Bitcoin price prediction inspires Bitcoin to rebound as liquidations from Mt. Gox and the German government decrease. Following the news, Bitcoin is up over 4% in 24 hours and more than 10% in seven days.

When Bitcoin price begins to recover and stabilize with a bullish move, smart money investors flock to new crypto gems like Rollblock ($RBLK) to ride Bitcoin’s uptrend for significant gains.

Ripple (XRP): A veteran crypto that doesn’t seem to rise

Ripple XRP traded in the $0.1 region in March 2020 and rallied to hit a high of $1.96 in April 2021, pulling in an impressive 19x multiplier to become the third-largest cryptocurrency by market cap.

However, Ripple XRP holders had higher expectations, given its utility and market cap but the overzealous action of the SEC has frustrated Ripple XRP’s dream. Ripple XRP has been on a moribund streak over the last three years, with its price mostly trading in a range between $0.3-$0.7 region.

Even in the recent crypto bull run, Ripple XRP price failed to reach $1. As of press time, Ripple XRP trades at the $0.53 price level with an impressive 25% seven-day jump from its $0.39 bed.

The frustration that Ripple XRP holders find themselves in has led them to join other crypto whales in exploring the exciting prospects of new crypto presales like Rollblock, taking out big positions to unleash their wrath amid a bullish Bitcoin price prediction.

Rollblock: A new crypto gem with “100x” written all over it

Rollblock($RBLK) has managed to inject credibility into the massive gambling industry through a state-of-the-art crypto casino on Ethereum. Unlike conventional iGaming platforms, this Ethereum dApp records all bets on-chain and transactions are publicly verifiable with transparent analytics on betting history. The house can’t rig the game and neither can punters alter bets post-play.

Restoring trust and glory to the infamous online gambling space has seen growth-focused investors and respected punters develop a massive interest in Rollblock’s online gaming platform.

Here’s the real deal, though. Rollblock gives a free pass to retail investors to tap into the half-a-trillion gambling empire through the platform’s native token, $RBLK. This token has deflationary tokenomics and comes with irresistible DeFi incentives for token holders.

A weekly token burn schedule is in place to slowly decrease $RBLK’s circulating supply, pushing its value upward, and a revenue sharing model to reward token holders. A staking program with up to 30% APY makes $RBLK a passive income-bearing asset, reducing selling pressure in favor of long-term holding.

With JPMorgan’s bold Bitcoin price prediction and remarkable BTC price rebound, analysts predict this new crypto gem to skyrocket 880% in presale. This is followed by a possible easy 100x multiplier once listed on tier 1 exchanges. Stage 3 is nearing to end at $0.0158 per $RBLK with over $1.1 million already raised.

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source:kdj.com
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