The post Ethereum, Solana, and Rollblock are set to create many new crypto millionaires 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. Investors are eyeing Solana and Ethereum, while Rollblock attracts record pre-sale interest and 200x gains. As the crypto market looks set for an incredibly strong finish to 2024, many investors are buying up established performers like Solana and Ethereum. At the same time, a new coin in the play-to-earn category, Rollblock (RBLK), is drawing in record investment to its pre-sale offering as experts predict massive gains of up to 200x this cycle. Let’s find out why. Ethereum lags behind the crypto market recovery Ethereum holders took a hit on Monday’s dip as Ethereum fell over 20% in a day to hit lows of $2,112. Ethereum has since bounced with decent strength back above $2500, although it has underperformed in comparison to the wider market recovery.  Ethereum’s price is still being suppressed by heavy selling as investors in the Grayscale Ethereum trust up sticks and move to more cost-efficient funds. Ethereum will face continued pressure until this selling is finished, and other coins are likely to outperform it in the meantime. Solana impresses with 30% bounce on ETF hopes Solana is currently the fastest horse in the layer 1 race, as Solana’s price has surged over 16% over the last month to reclaim the $150 level. Solana has bounced 30% from the recent low of $110, and bulls appear to be back in the driving seat for now,  Solana’s price is currently running into resistance at the 200-day moving average at $155 and will need major buying pressure to overcome this level. News of a second ETF application has done much to inspire investor confidence as Solana is tipped to follow Bitcoin and Ethereum to gain institutional acceptance on Wall…

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Filed under: News - @ August 11, 2024 2:22 am