Acclaimed investor and crypto whale Raoul Pal has recently shocked the crypto community by shifting his allegiance from Ethereum (ETH) to Solana (SOL). In a recent podcast Raoul stated that Solana is set to lead the rest of this cycle and that he is ‘irresponsibly long’ on the layer-one chain. Solana and its exploding ecosystem of meme-coins such as DogWifHat (WIF) have seen incredible gains this cycle so far.
Another coin that investors are tipping to make incredible returns this year is Rollblock ($RBLK), a new concept in online gambling and gaming. Combining the much-loved format of online casinos with the security and utility of blockchain tech, Rollblock is currently in presale and attracting a huge amount of investor interest. Some experts are tipping RBLK to follow the WIF playbook and make holders gains of up to 50x during the next leg up!
Solana ($SOL) Ready to Ride the ETF Wave
Many insiders believe that Solana (SOL) will be the next cryptocurrency to receive its own spot ETF. With two applications on the SEC’s desk already, it looks like it is only a matter of time before Solana follows Bitcoin and Ethereum later this year. When this happens, the price will break out enormously, the only question being how high.
If Solana’s price can break out of its current range, then resistance at just over $200 will no doubt see some selling before going on to make new all-time highs. With current levels of adoption and mainstream interest, it is hard to see a long-term bearish scenario for SOL, as Pal has claimed.
DogWifHat (WIF) Makes Astonishing Gains But Has Rally Stalled For Now?
DogWifHat (WIF) has had a difficult six months as its price has fallen over 46% since March. The DogWifHat price seems to have stabilized and if support can be found here at around $1.8 then a relief rally is likely to occur in the short term. With enough momentum DogWifHat’s price could easily reclaim former highs and go on to make new ATHs.
If DogWifHat falls further, then many are calling for further downside, maybe to fall as far as $1. As one of the most infamous meme-coins this cycle, however, DogWifHat is unlikely to stay down for long. But how does DogWifHat compare with Rollblock?
Rollblock ($RBLK) to Dominate Crypto Casino Markets in Coming Months
A new coin just launching is tipped by many to follow a similar trajectory to WIF as it gains market share in 2024. Rollblock ($RBLK) is a new entrant to the $450 billion online gambling market and is set to capture the next generation of crypto native gamers. Based on the Ethereum blockchain, transparency and trust are key to Rollblock’s core values, meaning all bets and transactions are verifiable on-chain. There is no risk of the house tampering with any bets or spreads after they have been placed, giving players full peace of mind.
With no need for any KYC approval on sign-up, new users can simply register an email address and then connect a wallet to get started. There are over 150 games inside, from old favorites such as blackjack and poker to new exclusives such as Crazy Time. Leaderboards and community features will keep players coming back for more.
In-game rewards are paid out in $RBLK, the casino’s native token. Offering great utility, there are many reasons why players will hold these tokens long term, including staking rewards, innovative tokenomics and a unique revenue-sharing system. Each week the casino will use a portion of its revenue to buy $RBLK tokens from the open market, ensuring a steady bid that will support its price.
These tokens are then distributed to stakers, who can earn an amazing APY on their holdings in passive income. The rest are then burnt. This will ensure a deflationary supply over time, which will grow more scarce as the platform becomes more popular.
The token is currently moving through presale, with a current price offer of just $0.015. This price tag will only go up as the sale moves through stages and so investors are moving quickly to bag an allocation and fill their bags before the price starts to moon. Now is the very best time to stack $RBLK before what experts predict might be an 800% move!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Raoul Pal States Solana To Lead New Crypto Market Expansion, RBLK Set To Follow In WIF’s Footsteps After Bigger Gains Than BONK This Month appeared first on Crypto News Land.
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