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Lido DAO

Based Token

Drops

The US Securities and Exchange Commission (SEC) continues to wage its war on the cryptocurrency markets in the US, filing a lawsuit against ConsenSys over its Lido (LDO) offering. Since this news, Lido has crashed by 25%, and Ethereum has been struggling to maintain market dominance. This has left many to wonder if they should look to invest in newer, more cutting-edge crypto projects with less risk of being classified as securities.
<a href="https://presale.rollblock.io/" target="_blank" rel="noopener noreferrer nofollow">Rollblock</a> ($RBLK) is bringing an entirely new spin to the world of online casino gaming and looks set to become one of the hottest crypto launches in 2024. Rollblock brings the innovation and security of blockchain technology to the rapidly growing GambleFi market (set to grow to 800 billion by 2028). Analysts are tipping this coin to pump 800% in the short term!
<h2 class="wp-block-heading" id="h-lido-ldo-drops-to-1-7-as-sec-begin-securities-investigation">Lido (LDO) Drops to $1.7 as SEC Begin Securities Investigation</h2>
Lido (LDO) has reacted to news of the SEC lawsuit with a strong selloff, falling below $1.71 and losing over 25% of its market cap in the last 30 days. Lido had been looking strong and rallied on news of the Ethereum ETF. However, the short term looks uncertain for the Ethereum staking protocol.&nbsp;
Currently looking to find support in the $1.5 – $1.7 area, much of Lido’s outlook depends on the outcome of the lawsuit and investors should be prepared for volatility as the news cycle plays out. Any sign of a defeat for the SEC would make for a violent rally to the upside for Lido, and traders should be on the lookout for selling into resistance around $2.68.
<h2 class="wp-block-heading" id="h-ethereum-eth-rallies-into-etf-approval-news-but-future-is-uncertain">Ethereum (ETH) Rallies into ETF Approval News But Future is Uncertain</h2>
The SEC’s recent decision to approve a spot Ethereum (ETH) ETF took the crypto industry by surprise, and holders were rewarded with a long-overdue pump to nearly $4k. Ethereum has since retraced almost the entire bullish impulse, as concerns over staking and securities violations have shaken the community.
Ethereum will no doubt continue to be seen as less of a risky play in the ecosystem, but it has been bleeding against Bitcoin for most of the bull run so far. If Ethereum bulls can step in and start buying, clearing the $4k level is the first major resistance and after that it won’t take long to reclaim all-time highs.&nbsp;
<h2 class="wp-block-heading" id="h-rollblock-rblk-token-selling-out-fast-as-casino-hype-grows">Rollblock ($RBLK) Token Selling Out Fast as Casino Hype Grows</h2>
Rollblock (<a href="https://presale.rollblock.io/" target="_blank" rel="noopener noreferrer nofollow">$RBLK</a>) is gearing up for an incredible Q3, as its token RBLK moves rapidly through its presale stages. Based on the Ethereum blockchain, Rollblock offers players an unprecedented level of trust and transparency, as all bets and transactions can be verified on-chain.
Players can sign up without any need for KYC approval, meaning onboarding is as rapid as providing an email address and connecting a wallet. Investors can simply deposit crypto (Bitcoin, Solana, USDT etc.) and choose from over 100 amazing AI-powered casino games. The platform has a staggering variety of games, from much-loved favorites such as Blackjack and Monopoly to exclusive new launches such as Crazy Time. A much-requested sports betting feature is also in the works, which will allow for bets on events such as soccer, NBA and golf tournaments, and Formula 1 racing.
In-game rewards are paid out in the native RBLK coin. This has incredible utility on the platform and will no doubt become a renowned coin in the gambling niche, thanks to an innovative revenue-sharing scheme and impressive tokenomics.&nbsp;
The casino has pledged to take a portion of their profit each week and buy RBLK on the open market, supporting its price through a persistent bid in the order books. These coins will be split 50/50 between stakers, who can earn some of the highest APY in crypto, and the rest burned forever to reduce the circulating supply. As hype grows and adoption soars, supply will dwindle on exchanges, meaning that prices will be forced violently upwards. Experts are predicting eye-watering gains of up to 800% even before the end of the presale!
Currently priced at $0.015 and only going north from here, the RBLK token is an obvious play for the next stage of the crypto bull market. Early adopters will be rewarded for doing their research and having conviction in this game changer for Web3. Rollblock is currently offering daily giveaways on their socials around the European soccer championship, so there has never been a better time to fill a bag and take a spin on RBLK!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website:<a href="https://presale.rollblock.io/" target="_blank" rel="noopener noreferrer nofollow"> https://presale.rollblock.io/</a> Socials:<a href="https://linktr.ee/rollblockcasino" target="_blank" rel="noopener noreferrer nofollow"> https://linktr.ee/rollblockcasino</a>
The post <a href="https://cryptonewsland.com/lido-dao-ldo-drops-25-on-sec-investigation-news-eth-holders-are-switching-to-this-new-ethereum-based-token-set-to-skyrocket/" rel="noopener noreferrer nofollow">Lido DAO (LDO) Drops 25% on SEC Investigation News; ETH Holders Are Switching To This New Ethereum Based Token Set To Skyrocket</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

Lido DAO (LDO) Drops 25% on SEC Investigation News; ETH Holders Are Switching To This New Ethereum Based Token Set To Skyrocket

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