Big bets on Solana (SOL) and Ripple (XRP) are unwinding as Blackrock derails hopes for more ETFs. Investors are now piling into utility token Rollblock (RBLK) as its presale goes viral. This top altcoin is now slated for 100x growth in 2024 as 7,000 new users clean out the 4th stage of its presale.
Hopes for Solana and Ripple ETFs Dashed by Blackrock
After Ethereum ETFs were approved, hopes were high for Solana and Ripple ETFs. However, Blackrock has recently rained on this parade by making it clear that there is no significant institutional demand for any more ETFs after Bitcoin and Ethereum. While Ripple and Solana ETFs are the logical next choice, there are no plans in the works for ETFs of any tokens.
Investors have been pouring billions into Solana and Ripple following the approval of the Ethereum ETFs. Solana’s price is up 15% this month, and Ripple’s price growth is even higher at 34%.
However, Ripple’s and Solana’s prices are already on their way back down following Blackrock’s announcement. Ripple and Solana are both lagging the larger market rally, with only small gains in a week when the top 20 tokens saw a total move higher of more than 4%.
There is still long-term hope that Ripple and Solana will get their own ETFs, but many investors are not waiting around for months or years for that to happen. Analysts expect prices for Ripple and Solana to continue to slide as the ETF hype fades from the market.
Rollblock Adds 7,000 New Users After ETF Exodus
Solana’s and Ripple’s loss is Rollblock’s gain, as this crypto casino entices 7,000 news users from the exodus of investors from Blackrock’s ETF blowout. Investors are drawn to Rollblock for its market-disrupting crypto casino model and the untapped potential of the $450 billion global gambling industry.
Rollblock is rapidly taking market share from traditional online casinos by appealing to a new generation of players who demand the convenience, community, and profitability of crypto.
Rollblock has cornered the market on profit by creating the 1st gambling token that is always generating value for its holders. Rollblock achieves this with its aggressive buyback program, which uses up to 30% of its daily revenue from the casino to purchase its RBLK tokens on the open market. 50% of these tokens are burned to maintain a deflationary path for RBLK, and the remainder are given out as rewards for players who stake on the platform.
Rollblock creates a sense of community with a steady rate of new events and giveaways. This sense of community makes Rollblock’s casino feel like a real-life experience, with all the thrill of gambling while surrounded by other like-minded players.
Rollblock has also ensured that its casino is the best source of fun on the market today, with more than 150 games from the industry’s top providers. Rollblock is currently selling out its 4th stage at $0.0175. Analysts expect this price to increase 100x or more before the end of 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
