The Bitcoin (BTC) price rally is slowing as we enter the middle of the latest crypto cycle. This shift in momentum is pushing the rally to other top altcoins, such as Solana (SOL), Ripple (XRP) and crypto casino Rollblock (RBLK). Solana and Ripple are eyeing ETF approval, while Rollblock prepares for the end of its crypto presale and aims for 100x growth in early 2025.
Blistering Bitcoin Rally Loses Steam
After almost a month of green days, the Bitcoin price rally is finally starting to lose steam. Bitcoin lost almost 5% today in its first big drop since the beginning of November.
While analysts note that this is likely only a consolidation phase for the Bitcoin price, it does mean that the blistering opening rally to this fresh bull cycle is finally over. Analysts expect Bitcoin to resume its climb soon but at a slower pace for the next few months.
Stalling Rally Shifts Capital to Ripple in XRP ETF Bet
Ripple (XRP) is on track to follow the two largest tokens with its own XRP ETF next. Ripple is already in the process of soliciting approval for these new XRP ETFs from the SEC. The recent resignation of the current SEC chair has also helped to boost Ripple’s (XRP) price and its chances for approval.
Ripple (XRP) is continuing its rally today after a week of strong growth. Ripple is up another 8% today, bringing its total weekly growth to over 25%.
Solana ETF Approval Remains Likely Despite Delay
Solana ETFs remain second in line for approval despite its staggering performance in the previous crypto cycle. Analysts have attributed this result to Solana being a comparative newcomer. However, Solana ETF approval is still a likely prospect, even if it will be slightly delayed.
The Solana price had a rough week as news of its secondary position for ETF approval spread. Solana’s price was flat in a week where the rest of the market was soaring.
Rollblock Benefits Most From Slowing Bitcoin Rally
Bitcoin’s slowing rally was even bigger news for Rollblock than for Solana and Ripple. With only four stages left to go in its crypto presale, many whales are shifting capital over to Rollblock before it is too late.
Rollblock is expected to announce the date for its sports gaming expansion this week. This rollout will mark the final milestone in Rollblock’s ambitious white paper and set it up to take on the $500 billion global gaming industry.
Rollblock’s platform has already made significant inroads, with thousands of players enjoying access to 7,000 games on the blockchain. Sports gamers will enjoy the same advantages of speed, convenience and transparency that only crypto gaming can offer.
Sports enthusiasts will also enjoy the same benefits from Rollblock’s signature gaming tokens.
Rollblock’s tokens redistribute profits through a system of weekly buybacks using the generated revenue. These buybacks generate income for holders through staking rewards, and they increase RBLK value through weekly burn events.
Rollblock’s signature gaming tokens are currently selling for $0.036, with a 50% token bonus event active until the end of the month. Even the lower-end estimates have this top altcoin rocketing 100x higher when its presale ends sometime at the start of the next year.
The fresh capital from the slowing Bitcoin rally is expected to supercharge RBLK’s growth once the tokens go live on the market.
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