Solana Price and Shiba Inu See Surges, but Rollblock’s Revolutionary Profit Share Model Could Offer Bigger Gains
The post Solana Price and Shiba Inu See Surges, but Rollblock’s Revolutionary Profit Share Model Could Offer Bigger Gains appeared on BitcoinEthereumNews.com.
Solana and Shiba Inu have seen significant price surges. The Solana price is nearing the $200 mark and Shiba Inu has experienced renewed interest. However it’s Rollblock’s revolutionary profit share model that stands out for investors who are looking for returns in the long run. Rollblock offers a consistent profit share model that allows token holders to earn passive income from the platform’s profits. So, Rollblock offers a more stable and potentially lucrative opportunity for investors who are looking for something more sustainable. Can SOL finally push through that $200 barrier? At the time of writing, the Solana price sits at around $145. This means a growth of 10.50% in just the last 30 days and 504.86% in the last year. The key resistance level is established at $160. If SOL can manage to break that important barrier, it could go for a rally towards $200. Despite strong on-chain data showing Solana processing 1,300% more transactions than Ethereum, the latter still dominates in DeFi. ETH holds 56% of the total value locked (TVL) compared to Solana’s 6%. While the Solana price growth is impressive, its prospects may be more limited compared to new projects offering innovative profit share models like Rollblock. SHIBs rollercoaster ride: Will it last? Shiba Inu (SHIB) surged impressively with 33%. Still, the volatility and dependence on meme-driven hype make any long-term prospects for SHIB uncertain. The activity on the Shibarium network spiked, but SHIB keeps facing resistance at $0.0000202. SHIB has been trying to break this level for a while now, but it doesn’t look like it’s getting anywhere. While SHIB stays popular, its lack of sustainable utility makes it a speculative bet. Without mechanisms like a profit share model to back its price growth, Shiba Inu could see its current momentum fade. Investors seeking more…
Filed under: News - @ October 4, 2024 11:26 am