2024

Bitcoin

Million

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Ethereum’s (ETH) struggle in 2024 continues as it underperforms against Bitcoin (BTC), leaving investors frustrated. Meanwhile, Andrew Tate’s DADDY Coin has taken the meme coin market by storm with a recent 40% surge. Amidst these developments, Rollblock (RBLK) is emerging as a powerhouse in the crypto space, having raised over $1 million in its presale and gaining 54% this past month. 
<h3 id="strong-ethereum-eth-continues-to-struggle-strong">Ethereum (ETH) Continues To Struggle</h3> 
Ethereum (ETH) has been struggling in the market, underperforming against Bitcoin (BTC) throughout 2024. Despite a strong start to the year and a mid-May surge fueled by anticipation of spot Ethereum ETFs, Ethereum has failed to maintain its momentum. 
One major factor contributing to Ethereum’s underperformance is its higher volatility compared to BTC. From March to May 2024, Ethereum experienced a 31% correction, whereas BTC only dropped by 23% during the same period. Additionally, the realized volatility of Ethereum in 2024 remains below previous cycles, indicating that investors are not seeing the same profitability as in past bull markets​​. Despite Ethereum being a household name in Web 3, investors are turning elsewhere to look for opportunities for bigger gains. 
<h3 id="strong-daddy-coin-takes-the-meme-crown-strong">DADDY Coin Takes the Meme Crown</h3> 
In contrast, DADDY Coin, a meme coin endorsed by Andrew Tate, has been making headlines with its remarkable performance. Despite Bitcoin’s recent dip below $60,000, DADDY surged by 40% in just 24 hours, briefly hitting a market cap of $100 million​​. This surge was driven by a viral video from Tate, who encouraged his followers to accumulate DADDY coins ahead of a major announcement. This rally has drawn significant attention to DADDY, positioning it as one of the top meme coins of 2024​​. 
Tate’s endorsement has been pivotal in DADDY’s rise. He promised a “grand plan” to “fix the crypto space” and emphasized building a community based on honor, hard work, and diligence. This rhetoric has resonated with many investors, fueling the coin’s rapid ascent. However, it’s important to note that DADDY has also faced controversies, including allegations of insider trading and significant token holdings by Tate himself​​. 
<h3 id="strong-rollblock-rblk-the-next-crypto-powerhouse-strong">Rollblock (RBLK): The Next Crypto Powerhouse</h3> 
While other altcoins navigate the unstable market, Rollblock (RBLK) has been quietly positioning itself as the next major player in DeFi, having raised over $1 million in its presale and drawing considerable attention from investors looking for high-growth opportunities in the online gaming sector​​​​. 
Rollblock aims to disrupt the $450 billion online gambling industry, forecasted to grow to over $750 billion by 2028​​, by combining decentralized and centralized gaming. The platform has a fully licensed and operational casino with over 150 games, including popular classics like slots, roulette, poker, and blackjack. Rollblock plans to further expand its offerings with the introduction of sports betting, covering a wide range of events such as soccer, NBA, NFL, boxing, tennis, and Formula 1. This expansion is expected to drive significant weekly purchases of RBLK tokens, attracting waves of new players and investors to the project. 
Rollblock’s hybrid GambleFi platform uses the blockchain to ensure a safe and transparent gambling experience. Each wager is traceable on the blockchain and cannot be altered by anyone, addressing trust and fairness issues that many online iGaming platforms deal with. New users can also join without invasive KYC or background checks, simply by signing up with an email or connecting a crypto wallet. This ease of access has led to nearly 5,000 registrations within a few months of the presale going live​​​​, with an exponential number expected to join after an official launch date is announced. 
One of Rollblock’s standout features is its innovative revenue-share model. The platform shares up to 30% of its weekly revenue with $RBLK holders by buying back tokens from the open market. Half of these tokens are burned, increasing scarcity, while the other half is distributed as staking rewards. This model significantly boosts the value of $RBLK, incentivizing users to buy and hold as much as possible​​​​​​. This also creates some of the highest annual percentage yield that any DeFi project offers. 
Currently, $RBLK is priced at $0.0154 during its third stage of the presale. Analysts are highly optimistic about Rollblock’s future, predicting that the token could see up to 200x gains by early next year and 800% by the end of just the presale. With unprecedented interest and strong fundamentals, now is the best time for investors to get involved in this promising project​​​​. 
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! 
Website: <a href="https://presale.rollblock.io/" target="_blank" rel="noopener">https://presale.rollblock.io/</a> Socials: <a href="https://linktr.ee/rollblockcasino" target="_blank" rel="noopener">https://linktr.ee/rollblockcasino</a> 
The post <a href="https://www.ethnews.com/eth-continues-to-see-red-as-daddy-coin-takes-the-meme-crown-rollblock-set-to-become-the-next-crypto-powerhouse-after-raising-1-million/">ETH Continues To See Red As DADDY Coin Takes The Meme Crown, Rollblock Set To Become The Next Crypto Powerhouse After Raising $1 Million</a> appeared first on <a href="https://www.ethnews.com">ETHNews</a>.

ETH Continues To See Red As DADDY Coin Takes The Meme Crown, Rollblock Set To Become The Next Crypto Powerhouse After Raising $1 Million

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