Solana

WATER

Momentum

Gains

World-renowned soccer player Lionel Messi recently endorsed the Solana-based meme coin WATER on his Instagram profile. This led to a huge surge in the token’s price but also caused some debates about celebrities promoting crypto projects. Other celebrities like Ronaldinho, Caitlyn Jenner, and Iggy Azalea have recently posted crypto endorsements or have done so in the past, drawing some accusations of promoting scams. The WATER token claims to contribute to charity and to have a net-positive impact on the real world, though it’s unclear exactly how. Despite all of this noise, investors are starting to show interest in Rollblock (RBLK) for its unique approach to decentralized finance.&nbsp;
<h1 class="wp-block-heading" id="solana-sol-gains-momentum-from-celeb-endorsements">Solana (SOL) Gains Momentum From Celeb Endorsements</h1>
After Messi posted the Solana-based coin to his Instagram account with over half a billion followers, the price of WATER surged 350% from $0.00032 to $0.00146 in just a few hours. This sparked discussion and controversy in the crypto community about celebrities, especially those with the fanbase and audience of someone like Lionel Messi, endorsing projects like WATER. Some feel that projects like this could be scams or are more likely to run pump and dump schemes on gullible investors who buy in.
Solana as a network also gained momentum and investor confidence solely because WATER is based on Solana. After Messi promoted it, the token’s price was up over 215.6% in 24 hours, with market capitalization of just under $100 million. Messi has also been associated with Bitget, the exchange where people can buy WATER, since October of 2022.
This endorsement from Messi comes at an interesting in crypto, specifically in the meme coin sector. Tons of celebrities have posted their own endorsements of various Web 3 projects in the past. Some notable names include Ronaldinho, Caitlyn Jenner, Iggy Azalea, and Jason Derulo. These types of partnerships are a big factor of Solana’s recent momentum and price movements, as many of these celebrity-backed meme coins are based on the Solana network.
<h1 class="wp-block-heading" id="rollblock-rblk-leading-gamblefi">Rollblock (RBLK): Leading GambleFi</h1>
Despite the noise in the memecoin space, a new project has been making headlines for its real world utility. Rollblock (RBLK) is revolutionizing the online gambling industry with its unique features and approach to DeFi. The gambling industry, worth around $450 billion annually, is set to reach over $750 billion by 2028. Rollblock is the undisputed leader of Web 3 gambling, which puts it in great position to capitalize on this industry’s projected growth.
Currently, it features a fully licensed and operational casino that is already generating significant revenue. Over 150 games from various game providers are live and playable, including classics like poker, blackjack, slots, and roulette. Sports betting will also be introduced to the platform soon —&nbsp;users will be able to wager on events like soccer, NFL, NBA, boxing, and much more. This is sure to attract thousands of more users to the platform, a bullish sign for investors and analysts.
A huge selling point is the ease of access to Rollblock. Players only need an email address or a decentralized crypto wallet to start playing. There’s no need for any KYC or invasive background checks to start playing. This has led to almost 5000 registrations by just the third stage of Rollblock’s presale, a huge milestone for a project that’s still in its infancy.
Since Rollblock combines blockchain technology with an online casino, each transaction and wager is permanently tracked and can’t be altered. This creates a transparent and secure gambling industry that most other online casinos cannot replicate. Other casinos are often involved in shady, unethical practices that have created a stigma of trust issues for online gambling platforms.
Rollblock is only in stage 3 of its presale and trading at $0.0154, selling over 110 million tokens in under a month. Early investors have already seen decent gains, but experts think it could see an 800% increase by the end of just the presale. Some analysts are even forecasting a 200x by the start of 2025 for Rollblock after its official launch date, which is approaching fast. Now is undoubtedly the best time for new investors to get in, as it’s still extremely early.
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Solana (SOL) Riding The Wave As Lionel Messi Promotes Meme While Investors Are Still Sailing Towards Rollblock (RBLK)

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The Bit Journal

Artikel lain yang dipublikasikan pada 13 Jul 2024

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