Rumors have started circulating that Ripple could be next in line for its own ETF. Meanwhile, crypto casino Rollblock and Bittensor have also started gaining traction among investors
As the dust settles on the highly anticipated Ethereum and Bitcoin ETFs, the crypto industry is abuzz with rumors and anticipation for the next frontier in the ETF race. Among the contenders, Ripple appears to be a strong candidate, while crypto casino Rollblock and Bittensor are also attracting attention. Here's a closer look at these developments:
1. Ripple Surges 61% in Last Month Amidst ETF Rumors
Following the successful launch of the Ethereum ETF, rumors have emerged that Ripple could be next in line. Financial company 21Shares AG has expressed interest in launching a spot Ripple ETF.
This news comes on the heels of a closed-door meeting between Ripple Labs and the SEC, held after years of ongoing legal battles. Anticipation is high for a positive resolution, which could lead to a significant rally for Ripple.
Currently trading at $0.60, Ripple has shown remarkable resilience with a strong rebound from the $0.39 bottom. This price action has sparked optimism among analysts, who predict that Ripple could reach an all-time high during the next bull run.
2. Bittensor Consolidate After Recovering 53% From April Crash
Promising project Bittensor offers a decentralized marketplace for machine learning models and AI resources. The token experienced a great run up until the start of the April downtrend, where Bittensor experienced a price decrease of over 68%.
However, as the AI narrative gains steam, analysts expect Bittensor to break its $700 all-time high by the end of 2024. Currently, the token trades at $346 and is consolidating around this level.
3. Rollblock to Outperform Major Altcoins as Crypto Gaming Hype Surges
Crypto casino Rollblock's native token RBLK has shown impressive strength during this downtrend with a substantial price increase. The token is performing exceptionally well in the presale, recently crossing the $1.5 million mark in funds raised.
Rollblock casino integrates Ethereum blockchain technology into its framework, taking transparency and security to new heights. All transactions recorded on the blockchain are easily traceable and tamper-proof.
With a fully licensed casino already generating revenue and over 6,000 active users, Rollblock aims to disrupt the $450 billion online gambling industry.
Users can start playing one of the 150+ games immediately without having to go through KYC verification. All that's needed is to connect your wallet or sign up via email to begin.
What truly sets Rollblock apart from its competitors is its unique revenue-share mechanism. The casino will be investing up to 30% of its weekly revenue to buy RBLK tokens on the open market.
Of the tokens purchased, 50% will be distributed to holders who stake the token or participate in events, while the other 50% will be burned, reducing the total supply. This burning mechanism is designed to drive the RBLK price up exponentially in the upcoming months.
As the crypto cycle progresses, analysts predict a potential 100x price increase for RBLK. Currently in stage 4 of the presale, an 800% increase is expected by the end of the final stage. Right now, the price of RBLK is $0.0172. Investors who capitalize early on this opportunity could see incredible returns by the end of 2024!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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