Solana (SOL) Price Plunges To 30 Day Low, Kaspa (KAS) Slumps, Investors Flock To Rollblock (RBLK) As It Nears A New ATH
In recent market developments, Solana (SOL) has experienced a significant price plunge, reaching a 30-day low. This decline can be attributed to various factors, including the impact of the hawkish US Fed rate decision and increased competition from other Layer-1 projects such as Ethereum ETFs. Meanwhile, Kaspa (KAS) has also faced a slump in its price, although recent announcements regarding its roadmap for 2024 have generated optimism among investors. Amidst these fluctuations, investors are flocking to Rollblock (RBLK) which is picked as one of the best altcoins to invest in 2024.
Rollblock Set for Massive Rallies in the Coming Weeks
Rollblock (RBLK) is an emerging altcoin that will close the gap between DeFi and CeFi games while offering users the best of both worlds. Market experts predict that Rollblock has the potential to outperform top Ethereum coins in terms of ROI in 2024. With its disruptive iGaming protocol and revenue share model, Rollblock aims to revolutionize the $450B iGaming market.
The project has generated significant interest, with over 90 million tokens sold in the presale and the team raising over $750,000. Analysts estimate $1 million in the coming days. Meanwhile, in the ongoing stage 3 of the presale, Rollblock’s native token, RBLK, is sold for $0.014. This means early buyers have gotten 40% returns, putting it on our list of the best altcoins to invest in 2024.
With the surging momentum, Rollblock will set a new price record before listing in CEX exchanges in Q3. As such, now is the right time to join. Notably, KYC is not involved, as all that is needed is an email to sign up and explore over 150 games. The native token, RBLK, holds strong utility and is used as a mechanism to distribute rewards, cashbacks, etc.
So far, the Rollblock ecosystem is a licensed and functioning crypto iGaming platform. The ecosystem allows for multi-currency staking. As such, users can stake cryptos such as Bitcoin, Ethereum, etc., and use cryptos as collateral to stake on iGames. Overall, with its unique profit-sharing model, Rollblock has emerged as a go-to platform for making profits, making it one of the top altcoins to buy.
Kaspa Price Slumps – Is a Resurgence Possible?
The Kaspa price has dropped considerably in the past few days ahead of the upcoming altcoin season. Having gained 28% in the past month, the Kaspa weekly price chart is negative with the marketing activity also on the downtrend. Zooming in, the Kaspa price has dropped below the $0.16 support zone, adding more concern to the token holders.
However, the technical analysis shows that Kaspa market sentiment is bullish, signaling a high chance of a resurgence. With the Fear and Greed index showing Greed (71), now is the best time to buy the Kaspa token. Crypto analyst Crypto X100 Hunter is bullish on the long-term prospect of the token.
Solana Flips to a Downward Trend After Hawkish US Fed Rate
Since the Ethereum ETF approval in late May drew investors’ attention away from other competing Layer-1 projects, the likes of Solana have struggled for traction. However, despite the massive adoption of the blockchain, such as the recent launch of PayPal stablecoin, the Solana price surrendered to even more downside this week after the US Fed rate pause decision dashed bullish investors’ hopes of a rate cut in H1 2024.
Solana’s price tumbled to $139 on June 14, its lowest since May 13, 2024. This underlines how Solana has struggled since Ethereum ETFs were approved by the US SEC. However, there is growing optimism that the token will surge soon as the Solana trading volume keeps booming. Analysts Solana price prediction is in the range of $200 in Q3, making it one of the top altcoins to buy.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
