Rollblock (RBLK) Cryptos Big Winner Attracting Major Attention From Ethereum (ETH) and Litecoin (LTC) Whales
The post Rollblock (RBLK) Cryptos Big Winner Attracting Major Attention From Ethereum (ETH) and Litecoin (LTC) Whales appeared on BitcoinEthereumNews.com.
Crypto whales are repositioning ahead of the next crypto bull market. Some of the biggest shifts have been out of Ethereum (ETH) and Litecoin (LTC). A major destination for these outflows has been GambleFi and its top altcoin, Rollblock (RBLK). Rollblock’s innovative crypto casino is turning heads with 250x growth projections for 2024. Whales Exit Ethereum After ETF Flop The Ethereum ETF failure was one of the biggest reversals of sentiment in 2024. Ethereum ETFs were expected to trigger massive growth in the ecosystem and demand for the token, but instead marked a high point before a huge Ethereum crash that dragged the rest of the market down with it. The Ethereum price peaked at around $4,000 at the height of the excitement over ETF approval. Ethereum’s price had dropped slightly to $3,500 by the launch date, where it then fell a further 30% at the lowest point. Litecoin’s Transaction Model Continues to Suffer The recent crypto downturn marked the end of many whales’ patience with their long-suffering Litecoin holdings. Litecoin has been struggling to differentiate itself in a market where fast and cheap transaction speeds are now the norm. Litecoin users now have access to large utility ecosystems, such as Solana, that also feature competitive transactions. The Litecoin price is currently trading at the low end of its long-term range. This year’s 10% drop in the Litecoin price is marking the exit point for many crypto whales. Crypto Whales Choose Open Horizons of Rollblock Whales with fresh capital to invest are turning to the wide open horizons of GambleFi and the top altcoin in the sector, Rollblock. Rollblock’s crypto casino is changing how the game is played and rapidly accumulating market share in the $450 billion global gambling industry. Players used to cumbersome red tape and expensive transaction fees…
Filed under: News - @ August 19, 2024 6:18 am