With the crypto bull market limping along and in need of an injection of liquidity, one might think there’s a profit pandemic. Looking at legacy cryptos, the Ethereum price has struggled and has been down 23% in August, while the Ripple price has only been down 5% in the month but has still been down over 85% since its ATH in 2018. The new crypto Rollblock is bucking the trend; however, the presale token has just recorded a new ATH at a price of $0.024, which is up from $0.01 at launch.
Since the launch of ETFs, the Ethereum price has been disappointing
The Ethereum price was expected to surge after the Ethereum ETFs launched in July, but it has been disappointing despite inflows of over $1B. One could blame the overall market trend, but with unprecedented demand, the price of Ethereum has been a disappointment.
The bull market will likely take off in Q4, especially in the lead-up to the US elections in November, and Ethereum should start to take off. There are predictions that the Ethereum price could reach $10k by the cycle peak, but it did fail to deliver in the last cycle.
The Ripple price has mirrored the Bitcoin price
If the Ethereum price has been disappointing, the Ripple price has mirrored that of Bitcoin and is down about 5% in the same time period. The Ripple team has endured a torrid time with the SEC taking them to court, but after a bullish outcome that meant XRP isn’t a security, things have looked up.
Year-to-date, the Ripple price has fluctuated and is only just in green territory, up 9%. Where next for XRP? As with other altcoins, it will perform well once the bull market kicks in, but calls from the XRP Army of $100 price are a long way off. It might be a good idea to take profits if the Ripple price can reach $1, which is a 90% rise from here.
New ATH for Rollblock as the presale smashes all expectations
With the crypto market experiencing a stop-and-start bull market, it’s leaving many investors uncertain. As already mentioned, the Ethereum price has gone down 23% in just a month, and this has caused concern among the crypto-investing community. It’s like the pandemic has struck, and most crypto prices are not allowed to run.
Not all, though! Rollblock is going against the grain and attracting big investment in the early days of its presale. Now, in stage 6, the token has been up almost 150% since the presale started. Don’t think you’ve missed the boat, however, because analysts were predicting gains of 880% during the presale and a further 100x after it launched.
What is it that’s making Rollblock one of the main characters in this cycle? Well, it’s an online gambling platform that offers everything a centralized platform can offer, but with the transparency and immutability of blockchain, it’s setting new standards in the industry.
It’s Rollblock’s revenue share model that makes it really stand out from the crowd, though. Token holders get a share of the platform’s revenue, and with 30% APY available for anyone wanting to take advantage of the platform’s staking program, it’s clear Rollblock is much more than a gambling platform.
Discover the exciting opportunities for the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino