Rollblock and PEPE Volume Surges While XRP Network Activity At Highest Level Since March; Is Altcoin Season About To Start?
Release: 2024/07/22 04:00 Reading: 615
Altcoin Surge as Retail Investors Flock to Pepe and Ripple
Over the past week, altcoin markets have witnessed an impressive upswing, despite Bitcoin maintaining its dominance in 2024. Investors are pouring into assets such as Pepe (PEPE) and Ripple (XRP), with Rollblock ($RBLK) emerging as a promising contender in the P2E space.
Retail Investors Re-embrace Pepe ($PEPE) Amid Price Surge
PEPE holders have been euphoric as the coin has surged over 30% in a week, reaching $0.00001134. This upswing signifies a renewed interest from retail investors in the Ethereum-based memecoin. Experts predict a bullish continuation, suggesting it may surpass its previous high of $0.0000167.
However, traders should anticipate volatility as the ETH ETF launches next week. Support is expected to hover around $0.0000085 in the event of a sharp decline.
Ripple (XRP) Volume Soars Following CEO's Speech
Ripple CEO Brad Garlinghouse's recent appearance at a crypto roundtable aimed to garner political attention for the SEC's actions against crypto. Garlinghouse criticized SEC Chair Gary Gensler for hindering American innovation, while the latter maintains that Ripple is being marketed as an illegal security.
XRP experienced a significant rally due to increased trading activity, hitting $0.63 and adding 40% to its market cap. However, experts caution that a correction may be imminent, with some predicting a drop below $0.50.
Rollblock ($RBLK): Over 5000 Users Onboard Amid Presale Boom
Rollblock ($RBLK) has garnered immense attention as investors rush to secure allocations in this groundbreaking GambleFi project. Bringing blockchain innovations to online casino gaming, Rollblock ensures fairness and transparency for web3 gamers. Bets are recorded on the Ethereum chain, eliminating the possibility of manipulation.
KYC is not required, and users can register with just an email address and a crypto wallet. The casino is currently offering a generous deposit bonus for new accounts.
In addition to classic casino games, a highly anticipated sports betting feature will allow players to wager on major international events.
The RBLK token's utility and innovative tokenomics have attracted thousands of investors, who expect the supply to become deflationary as the platform grows. Rollblock will regularly repurchase and burn RBLK tokens on the open market, supporting its price and reducing supply. Half of these coins will be allocated for staking rewards of up to 30%.
Priced at a mere $0.017, RBLK has already raised over $1.2 million in its presale. Investors seeking the next 100x opportunity should act swiftly before its value skyrockets.
Disclaimer: The information provided does not constitute investment advice. Readers are advised to conduct their own research and make decisions independently.
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