XRP and Shiba Inu stalling; investors flock to new crypto meta token
The post XRP and Shiba Inu stalling; investors flock to new crypto meta token appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP and Shiba Inu face setbacks, driving investors to Rollblock, the new presale set to change the $500B online gambling market. XRP and Shiba Inu have long ensconced themselves as some of the crypto industry’s heavyweights. The problem is the current meta crypto scene is moving on from these billion-dollar crypto giants in search of new crypto investment opportunities that can turn in a prettier penny than these dinosaurs. Worse, XRP and SHIB stumbled out of the gates in September, with their rallies being stunted by the threat of a looming market downturn. That’s why thousands of XRP and SHIB holders are flocking to the new crypto presale that’s captured the $500B online gambling market by storm: Rollblock. Here’s why Rollblock is set to dominate the meta crypto discussion as 2024 draws to an end. XRP fails to build on August rally XRP turned in a sensational performance in August, all things considered. Despite the major market drawdown, which sent Bitcoin prices tumbling to $50K, XRP surged past $0.64 to the confoundment of analysts. The price action had XRP holders buzzing about the token’s chances of hitting $1—but that optimism has been largely replaced by disappointment as XRP failed to sustain its rally. While XRP prices have continued to be up by almost 6% in the past month, it has started off on an 8% loss to start September. Massive Shiba Inu token burn fails to spark rally Shiba Inu just underwent its largest token burn in 2 months to start September. But where is the corresponding price increase? Despite the absurd 28,000% spike in burn rate coinciding with 96 million SHIB tokens burned in a single transaction last…
Filed under: News - @ September 7, 2024 8:02 am