Ethereum

DeFi

when

Frenzy

DeFi casino Rollblock has been making waves in the crypto space as the ongoing RBLK presale has already raised nearly $3 million. Meanwhile, Ethereum and Ripple have been struggling to find their footing despite the market-wide recovery. Analysts expect more decline if sentiment doesn’t shift.&nbsp;
<h2 class="wp-block-heading" id="h-ethereum-is-resting-on-shaky-support">Ethereum Is Resting On Shaky Support</h2>
As August draws to a close, Ethereum is still hovering around the range lows. Right now Ethereum sells for $2,516 with a 6.6% correction in the last week. Ethereum saw a surge that took it’s price above $2,700 but intense selling pressure began mounting and a rejection followed.&nbsp;
With September being a historically bearish month, analysts don’t expect Ethereum to make any significant gains until October. The good news is that Ethereum has already capitulated, as it is trading above the 50-day moving average.
<h2 class="wp-block-heading" id="h-ripple-is-breaking-down-will-it-see-further-declines">Ripple Is Breaking Down, Will It See Further Declines?</h2>
Last week, Ripple showed signs of strength as it soared above $0.62. However, Ripple bulls weren’t able to hold this level and a correction followed, which sent Ripple’s price tumbling back to the $0.56 range.&nbsp;
Volume for Ripple is currently around $1 billion, which is about 15% lower than the average daily volume for August. According to analysts, Ripple’s resurgence could be postponed to October.
<h2 class="wp-block-heading" id="h-rollblock-will-make-millionaires-in-2025">Rollblock Will Make Millionaires In 2025</h2>
All eyes are on Rollblock as it continues to surge despite the indecisiveness that has overtaken the crypto market. Leveraging a cutting edge gambling plaform, Rollblock is set to make waves in the $450 billion online casino industry.
11,000 early adopters are enjoying the vast gaming catalog of over 150 games. From casino classics to AI-powered games, Rollblock has something for everyone. No KYC is required as players can sign up using their email or a crypto wallet. No jumping through hoops, just plug and play.
Rollblock is more than a casino. It’s also an investment vehicle. Users are encouraged to interact with the ecosystem by staking RBLK, the native token. This could effectively turn into a passive income stream, as Rollblock offers some of the highest APY on the market.
On a weekly basis, the casino will reinvest up to 30% of its returns to purchase RBLK tokens and feed them back into the ecosystem. Half of this amount will go towards users as recurring staking rewards, the other half will be burned, making RBLK deflationary and promoting its long-term growth.
Stage 6 of the presale is kicking in as RBLK has already soared by 140%. Priced at only $0.024 it’s still a great entry point for investors, as its projected to rise by another 800% by the end of the final round.
Analysts believe that a 100x surge is more than plausible, especially considering all that Rollblock has to offer. Getting involved today could put early buyers way ahead of the curve and bring them significant gains when the bull market is in full swing!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: <a href="https://presale.rollblock.io/" rel="noopener noreferrer nofollow">https://presale.rollblock.io/</a> Socials: <a href="https://linktr.ee/rollblockcasino" rel="noopener noreferrer nofollow">https://linktr.ee/rollblockcasino</a>
The post <a href="https://www.ethnews.com/profit-frenzy-as-rollblock-hits-record-highs-can-ethereum-and-ripple-prevent-losses-from-escalating/" rel="noopener noreferrer nofollow">Profit Frenzy as RollBlock Hits Record Highs – Can Ethereum and Ripple Prevent Losses from Escalating?</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

Profit Frenzy as RollBlock Hits Record Highs – Can Ethereum and Ripple Prevent Losses from Escalating?

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