November 7, 2024
Cryptocurrency News

Why This Viral Crypto Is Captivating Shiba Inu and Solana Holders Seeking Long-Term Growth

Rollblock has sold billions of tokens in its ICO that’s still drawing the interest of Shiba Inu and Solana owners.

Retail Investor Interest and Shibarium are Key in Shiba Inu’s Future Growth

Shiba Inu has had a wild year to date. Investors saw a huge bull run in March followed by a big drop that erased much of those gains. Trading at approximately $0.00001765 on Coingecko, Shiba Inu has seen a 68% increase in value since the beginning of the year and several analysts think SHIB could do better in the long term. Notably, popular X user Zack Humphries suggests a potential 10x pump from current levels could set a new all-time high.

Such a dramatic rally will need various factors to take place, like more retail investor interest. A further bullish element is the development of Shibarium, a layer 2 scaling solution for Shiba Inu’s ecosystem. According to Humphries, Shibarium could enhance the burning program and introduce new utilities, potentially drawing in more crypto investors to Shiba Inu.

Solana’s Declining Transaction Fees Signal Weakening Demand

Solana is trading at $162.17, reflecting a 1% decline in value over the past 24 hours. Despite its reputation for high-speed transactions, recent trends have raised some concerns. Notably, transaction fees on the Solana network have decreased significantly, falling from $5 million in late October to just $2.5 million now. For investors, this decline in fees could indicate diminishing demand, which historically tends to negatively impact token prices. This bearish signal has led 10X Research to suggest that a short position on Solana may be prudent in the near future.

The upcoming U.S. elections may also have a substantial influence on the crypto market. Analyst Thielen points out that a victory for Kamala Harris could reduce the likelihood of U.S.-based ETFs tied to alternative assets like Solana being approved, potentially resulting in a sharp price drop for SOL—estimated at around 15%. Conversely, if Trump wins, the outlook for Solana could improve, as his administration is generally viewed as more crypto-friendly, fostering optimism that could positively affect Solana’s price.

Rollblock is Poised for a Bull Market Surge with 1,000x Gains

Rollblock is set to revolutionize the online gambling industry, changing the way investors approach utility tokens. In contrast to the volatile price movements often seen with meme coins, Rollblock stands on a solid foundation, merging Ethereum-based technology with an engaging play-to-earn casino model. This combination harnesses the best aspects of both centralized and decentralized finance, creating a seamless platform for gaming and trading.

Offering over 7,000 games, Rollblock captivates players and drives consistent revenue. Users can easily access the platform from any smart device anywhere in the world. The integrity of Rollblock is reinforced by its thorough smart contract audits conducted by SolidProof, as well as its certification by the Curacao e-gaming authority, showcasing its dedication to protecting player funds and ensuring data security.

What truly sets Rollblock apart is its attractive revenue-sharing model, which incentivizes token holders to participate actively. Each week, the platform distributes its revenue, allocating 60% for token buybacks to create scarcity and enhance value, while the remaining 40% is shared as rewards among the community. This approach allows token holders to reap consistent benefits as the total supply decreases, supporting the value of $RBLK.

The Rollblock presale has surpassed expectations, currently in its seventh stage with over $4.9 million raised and a remarkable 220% increase in token price to just $0.033. Alongside this investors can also benefit from Rollblock’s timed bonus offer of 50% on all transactions making now an excellent time to acquire RBLK tokens! Analysts are bullish about Rollblock’s future, with many forecasting it could lead the next crypto bull market, potentially achieving a staggering 1,000x return and providing significant gains for investors ready to seize the opportunity.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article