The post Here’s Why Many Ethereum (ETH) and Stellar (XLM) Holders Are Switching To The Fastest Growing Crypto Presale appeared on BitcoinEthereumNews.com.

GambleFi is the new frontier of crypto. That is what Ethereum (ETH) and Stellar (XLM) holders are saying as they dump their stagnant big-name tokens in favor of the fastest-growing presale. Rollblock (RBLK) is projected to dominate online gambling with its crypto casino and grow 100x or more in 2024. Here’s why analysts are excited.  Ethereum ETFs Mark the Top for Crypto’s #2 Token Ethereum’s price declined by 15% in the last 7 days, even as the rest of the market bounced back from the recent rout. This latest drop in the Ethereum price brings its total loss to 35% since ETFs were launched 2 weeks ago.  Ethereum ETFs were supposed to be the start of the token’s journey to $6,000 and beyond. Instead, Ethereum rapidly made its way down to $2,000 with no bottom in sight. However, a 24 hour surge of 8.96% gives some hope to Investors who poured billions into Ethereum in expectation of explosive user growth, but Solana seems to be taking in the bulk of new users. Stellar Model Sees Little Growth Since 2021  The price of Stellar managed to handle the recent crypto rout better than most other tokens, with only a 7% drop this week. However, Stellar’s price is still down 30% in 2024, as Stellar’s underperformance lasts through another year. Stellar’s payments model never recovered from the crypto crash of 2021. Stellar’s market for consumer transactions has seen some small growth, but the new frontier for crypto is use cases like GambleFi, instead of replacing fiat currencies for day-to-day purchases. Rollblock Is King of the New GambleFi Frontier The tokens that are exploding in price are the ones that add value for users that can only be achieved through crypto. Rollblock’s crypto casino is a perfect example of this effect as it…

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Filed under: News - @ August 11, 2024 10:26 am