The crypto markets have been extremely volatile this week, as Solana has seen a sharp correction and Internet Computer (ICP) struggled to find support. At the same time, the newly launched crypto Casino coin, Rollblock (RBLK), made another new all-time high as investors flocked to invest in this 100x gaming gem.
Solana (SOL) ETF In The Works?
Solana (SOL) has been a volatile investment over the last few weeks as a huge rally up to $193 quickly turned south, and Solana is now looking for support below $170. Rumors have been circulating behind closed doors that Solana is being lined up for the next ETF approval, as two applications have already hit the desk of SEC chair Gary Gensler.
A decision on Solana ETFs is not expected until next year, however, much will depend on the upcoming US elections and how favorable regulations for crypto become. A return to bullish momentum for Solana will see its price easily break the $200 mark, leaving the skies clear overhead for a speedy return to the yearly highs.
Internet Computer (ICP) Hits Heavy Selling
Internet Computer (ICP) holders were pleased to hear recently that the Layer 1 chain had been awarded a CME group benchmark to enable transparent price reporting for institutional investors. This is seen by many as the first step on the road to the granting of an ETF fund, which would see enormous inflows for Internet Computer.
Internet Computer briefly rallied above $10 but wasn’t able to hold this level and Internet Computer has since corrected to hit the 50-day moving average at $8.61. A bounce here would be incredibly bullish and send Internet Computer’s price hurtling back toward the range highs over $10. However, with projects like Rollblock gaining huge momentum, many investors are leaving Internet Computer behind.
Rollblock (RBLK) Riding High On Olympic Hype
Rollblock (RBLK) is pulling in enormous numbers of new investors as it races through stage 4 of its presale. Its price recently hit a new high as nearly 7,000 investors have already signed up.
Fully regulated and audited by Solid Proof and Gaming Curacao, Rollblock offers new levels of trust and transparency to the online gaming industry. By leveraging the mighty power of Web3 tech, it plans to massively disrupt the $450 billion online gambling world. All financial transactions are encrypted onto the Ethereum chain and so cannot be manipulated once bets are placed.
With no need for invasive KYC checks, Rollblock is totally anonymous and secure. Simply connect a crypto wallet, and for a short time, the house will top up accounts with a 15% deposit bonus.
A host of Casino classics can be found on the platform, powered by the latest in AI tech and with provably fairer than competing platforms. The RBLK token is used for in-game payouts and will become an easy long-term hold for crypto investors thanks to its utility and innovative tokenomics.
The casino will head to the open market each week to buy back and burn RBLK with a portion of its operating profits. This will send RBLK’s price violently upwards as falling supply meets rising demand.
Check the Rollblock socials today for daily giveaways around the Olympics. Savvy investors should race to make an allocation before stage 4 coins sell out at the $0.0175 price point!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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