Over the past 12 months, Ethereum has been somewhat disappointing, with the ETH price dropping dramatically against Bitcoin, even after its ETF launches in July. However, all isn’t over. Are things about to improve for Ethereum investors?
There has been a notable shift towards new crypto Rollblock, a GambleFi platform that perfectly blends the gambling and DeFi industries. And what about Dogecoin? Backed by Elon Musk in 2020, DOGE is pumping again, but is the bull market lifting everything up?
Investors looking to diversify into Rollblock
As legacy altcoins face challenges in maintaining growth, many investors are turning their attention to Rollblock’s innovative GambleFi token. This move reflects the market’s growing appetite for brand-new assets but with tangible utility.
Rollblock ticks all the boxes thanks to its innovative blend of gambling platform and DeFi. Rollblock has captured the interest of investors with this unique approach by offering profit-sharing for its token holders.
Unlike many altcoins that rely solely on speculative value, the RBLK token is directly tied to the platform through transactions and revenue generated on the Rollblock GambleFi platform. In fact, all token holders will automatically earn a share of the revenue generated by the platform.
Rollblock’s token is also deflationary, so the platform dedicates a percentage of its profits to buying back RBLK from the open market. Half of these tokens are burned for good, reducing the circulating supply while at the same time increasing scarcity. This design should positively impact the value of the tokens over time.
With over $4.8 million raised in its presale and in stage 7, a valuation that’s up 350% from the initial price, Rollblock’s secret is clearly out. This success has surprised even the most bullish analysts, who predicted it would bring up 100x return on investment (ROI). It’s still very early days, but as the presale continues and then the platform mainnet launches in the middle of the bull market, it could be an exciting time for Rollblock investors.
The ETH price is finally showing signs of life
The ETH price has been disappointing this year despite several supposed bullish catalysts. The amount of developer activity on Ethereum is growing, but the price is still down nearly 50% from its 2021 ATH.
The Ethereum ETFs were supposed to trigger a bull run in July 2024, like Bitcoin, but the ETH price is still down over 20% since then. Not all is lost for Ethereum, however. The bull market is gaining pace, and it is finally moving up quickly.
DOGE price looking strong, but can it be maintained?
Dogecoin is another crypto that’s finally showing signs of life. Down over 60% since the 2021 ATH, the DOGE price has been a concern as investors demand more utility from crypto assets. However, the price is moving, and Dogecoin has almost doubled over the past six weeks.
Conclusion
The ETH price is finally showing signs of life but needs a prolonged run upward to break its ATH. DOGE is another legacy altcoin that is relying on past injections, even if it’s looking bullish right now. Not so much RBLK. Tipped early by analysts for 100x gains, the presale is exceeding expectations, and with token appreciation already up 350%, it might be the token to watch this bull market.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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