With the post-ETF price starting to stabilize, investors are looking at Ethereum (ETH) tokens that might tag along for the ride back up. The current whale favorites are Internet of Things champion JasmyCoin (JASMY) with 5x growth in 2024 and GambleFi rockstar Rollbock (RBLK) with 100x growth in 2024.
Ethereum ETF Effect Hits Low as Investors Switch to User Numbers
The Ethereum price is down almost 40% since the launch of its ETFs. However, Ethereum looks like it is finally starting to stabilize at this low, even as the rest of the market dives into the red.
Even though the Ethereum ETFs saw some negative price action for the token, they have seen huge new inflows of users in the ecosystem. More users in the Ethereum ecosystem means more users for Ethereum-based tokens like JASMY and RBLK.
JasmyCoin Price Takes a Break Before Next Rally Higher Behind Ethereum
The 600% 2024 JasmyCoin price rally has this current downturn looking like nothing but a pit stop before the next rally higher.
JasmyCoin’s novel Internet of Things (IoT) solutions are set to soar on an influx of new users to the Ethereum ecosystem. JasmyCoin has been waiting for a much larger audience to see the potential of this blockchain. Now that the users are here, JasmyCoin’s adoption rate will likely skyrocket. This will drive up JasmyCoin’s price, potentially taking JasmyCoin to a new all-time high.
Rollblock Is Revolutionizing Online Gambling in the Ethereum Ecosystem
Rollblock is already the biggest beneficiary of the huge influx of new users in the Ethereum ecosystem. Rollblock has posted staggering player growth numbers since the launch of the Ethereum ETFs, which has resulted in the 100x projections for RBLK in 2024 that have the whales so excited.
Rollblock’s success can be attributed to its perfect blend of crypto and casino. Rollblock has taken the old online casino model and improved it in every way with the use of blockchain technology. Players can enjoy the seamless transactions, anonymity, security, fun and profit that only crypto can bring.
The RBLK token is always becoming more scarce due to an aggressive buyback program. This program buys RBLK back from the market to either be burned or used as staking rewards. This will make tokens highly deflationary.
Rollblock offers over 150 industry-leading games, including classics like slots, roulette, and poker. It also plans to introduce sports betting, opening up its platform to major sports such as soccer, the NFL, golf, MMA, and more.
Rollblock hosts regular events and giveaways that bring a sense of community and excitement that traditional casinos lack.
All of these combine to provide a player experience that is taking the old $450 billion global gambling industry by storm. Every new user in the Ethereum ecosystem represents another potential player ready to join the next generation of online gambling.
RBLK’s stage 5 price of $0.02 is set to increase several times during this stage with a big price jump into stage 6. This price is expected to grow another 100x in 2024 alone.
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