Investors in the crypto space are keeping a close eye on the upcoming launch of the Ethereum (ETH) ETF, which many believe will have a bigger impact on Ethereum’s price than the Bitcoin ETFs did earlier this year. Ethereum based tokens will also feel the benefits, including ApeCoin (APE) and a new launch in the GambleFi sector, Rollblock ($RBLK).
Ethereum ($ETH) ETF Ready to Launch
Ethereum (ETH) investors are in for a volatile week of trading as the long-awaited spot ETFs launch. There are concerns about the $11 billion Grayscale Ethereum Trust which may repeat the selling of Bitcoin, as high fees drive investors into the cheaper alternative funds.
ETH is setting up for a major pump, due to massive potential inflows, an inflation rate that is close to zero and the fact that nearly a third of all ETH circulating supply is being staked. This will reduce selling pressure significantly, and could send ETH price north of $5k by the end of 2024.
Can ApeCoin ($APE) Stage a Comeback?
ApeCoin has been building despite the ongoing downturn in price, and has recently announced that its network, ApeChain, has just launched its testnet. Yuga Labs founder Greg Solano posted that there “won’t be much to do” on it as it launches, but that over time the ApeCoin chain will provide holders with better utility and facilitate voting rights.
ApeCoin will do well if Ethererum pumps, and could do with the help as price has fallen over 36% in 3 months. However, with the NFT market losing traction ApeCoin could still struggle. Some experts believe that ApeCoin may have already peaked and therefore ApeCoin could be a risky option.
Rollblock ($RBLK) Presale Rolls Into Stage Four
Rollblock ($RBLK) has progressed to the next stage in its presale offering as investors flock to the disruptive gambling platform. Fully crypto-native and bringing the innovations of Blockchain to the online casino world, Rollblock removes any risk of bet fixing by inscribing transactions onto the Ethereum chain. Sign ups are completely anonymous as there is no requirement for any invasive KYC.
Simply register with an email address and connect a crypto wallet to deposit one of over twenty accepted cryptocurrencies, including Bitcoin or USDT. For a short time the casino is offering deposit bonuses of up to 15% on new transfers.
The 150+ games on Rollblock are an immersive mix of casino classics and new exclusives such as Zeppelin. Betting and games are audited by Gaming Curacao and can be proved to give better odds than competing platforms. Furthermore, the platform also plans to add sports betting over the next few months.
The RBLK token is attracting huge investor interest thanks to an innovative revenue sharing scheme which will see a portion of the casino’s profits used to buy back and burn the token, reducing supply on exchanges.
RBLK is currently just $0.017 and set to rise again soon. Experts are calling for gains of up to 880% in the coming months so investors should hurry to grab a bag today!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino