Analysts Fear Crypto Bull Run Could Already Be Over For Solana, Chainlink But Think It Could Just Be Starting For Rollblock (RBLK)

Analysts Fear Crypto Bull Run Could Already Be Over For Solana, Chainlink But Think It Could Just Be Starting For Rollblock (RBLK)
фото показано с : zycrypto.com

2024-6-18 14:16

In May 2024, Solana was praised as one of the best-performing cryptocurrencies. Experts predicted that SOL could hit a new all-time high, and its value passed $200. However, Solana has fallen by over 25%, taking projects like Chainlink with it. As analysts debate whether or not the bull run could be over for Solana and Chainlink, Rollblock is soaring. This innovative GambleFi project is up by 40%, and its online casino is gaining a global fan base. 

Michael Novogratz Praises Solana

Galaxy Digital CEO Michael Novogratz recently outlined his support for Solana on X. Best known for his Bitcoin support, Novogratz believes that meme coins have become the “cornerstone” of the cryptocurrency market. 

He argues that meme coins are an extremely powerful asset, and Solana drives their growth. In 2024, thousands of projects were built on Solana, and Solana meme coin adoption has hit new highs.

Given that Solana offers a low-fee environment, it provides the perfect ecosystem for meme coin growth. As a result, SOL could still regain momentum despite its recent bearish performance. Solana is trading at $151.61, and SOL has a trading volume of $2.55 billion. 

Chainlink Celebrates 5th Mainnet Anniversary 

Chainlink recently supported the 5th anniversary of its mainnet launch. The community praised the project for its increased adoption rate, which has heavily influenced Chainlink’s 194% annual increase. 

However, despite hitting this milestone, Chainlink’s price is down 11% over the last week. At the time of writing, Chainlink was trading at $15.49, and its trading volume was down by 12.8%.

In a worst-case scenario, Chainlink could drop to $12, though analysts believe LINK will receive enough support to stop it from falling below $15. 

Rollblock’s 40% Rally is Just the Start of Additional Growth 

Rollblock is making headlines worldwide after two successful presale stages. But according to analysts, its 40% increase could just be the start of a bigger picture. On its current trajectory, the project is set to reach returns of 720% during its presale, and Rollblock could see additional gains once its presale has sold out. 

Crypto adherents are flocking to Rollblock due to its unique DeFi application. Rollblock introduces a GambleFi ecosystem, which includes a blockchain casino and several earning opportunities.

The Rollblock casino offers over 150 games from more than 10 gaming providers. It’s compatible with over 20 cryptocurrencies and is already live, so players can jump right into the action.

The Rollblock team already has casino developments in place and will add sports betting to its platform later this year. The addition of sports betting is expected to further increase Rollblock casino’s popularity and revenue.

This is great news for RBLK token holders, who will earn a percentage of the platform’s revenue. Rollblock will share up to 30% of its revenue with token holders, which will be paid out weekly. 

To offer this incentive, Rollblock will buy RBLK from the open market, allocating half of what it buys for rewards. The remaining half of the tokens will be burned, reducing the RBLK supply and driving up the price of tokens. 

Conclusion

The presale of Rollblock has been quite successful, and that is proof that the project has managed to attract the attention of the crypto market. Analysts have predicted RBLK to rise by 100x in this year alone.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino 

Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.

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$ 248.9 (+1.60%)
Объем 24H $9.099b
Изменеия 24h: 4.26 %, 7d: 18.32 %
Cегодня L: $231.25 - H: $251.9
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Цена в час новости $ 134.34 (85.28%)

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Источник: zycrypto.com

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