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Ethereum Price Optimism Spearheads Rise In ERC-20 Tokens Especially RollBlock & Polygon

Ethereum Price Optimism Spearheads Rise In ERC-20 Tokens Especially RollBlock & Polygon

EthnewsEthnews2024/10/10 15:57
By:By Ralf

While Ethereum has been lagging behind the wider crypto recovery in recent weeks, there are signs that bullish sentiment is returning to the leading smart contract chain. This also means that Polygon will likely pump as a leading Layer 2 scaling solution for Ethereum, while the Rollblock ($RBLK) presale continues to draw hordes of eager investors looking for the next 100x altcoin gem. Find out why so many early adopters are bullish on this crypto-gambling upstart.

Ethereum ($ETH) Bulls Still Hopeful Despite Fresh Outflows

Ethereum has been disappointing holders recently as its portion of the wider crypto market has been slowly declining. Ethereum’s dominance recently fell below 14% and is currently around 13.4%. This is a far cry from the glory days when its market cap made up over 21% of the entire asset class.

Ethereum is trading at around $2.4k and has lost over 4% this week. This comes as Ethereum ETF outflows have been rising – over $25 million was recently withdrawn from Fidelity’s ETF fund. Despite this, many Ethereum holders predict a run toward 10k this cycle which would be in line with historical Ethereum returns.

Polygon ($POL) On The Brink Of A Further Fall?

Polygon recently rebranded to POL from Matic, giving long-term holders hope for a stunning rally. Instead, Polygon has largely disappointed this cycle and Polygon is currently down a woeful 40% year-to-date. 

Polygon is sitting near key monthly support but could well fall further as selling pressure remains high at these levels of around $0.38. The $0.44 resistance zone looks to be a tough chestnut to crack, leading many Polygon traders to step away and seek better returns with newer coins such as Rollblock.

Rollblock ($RBLK) To Capture Massive Share Of $450 Billion GambleFi Market

While Ethereum and Polygon will no doubt rally into a bullish Q4, a disruptive web3 casino built on the Ethereum chain is likely to create many crypto millionaires with its mission to decentralize and update the $450 billion online gambling sector.

Rollblock ( $RBLK ) takes the traditional casino model and completely revolutionizes it to bring the iGaming experience up to date with cutting-edge web3 technology. No longer does the house have the upper hand as now gamers have all the tools they need to verify that nothing has been manipulated or changed on the platform. 

The RBLK token represents a stake in the success of the whole platform, rewarding holders with VIP spins and staking rewards of up to 30%. There is also an innovative buyback and burn mechanism which will see a portion of operating profits plowed back into the ecosystem as RBLK tokens are purchased from the open market every week.

The Rollblock community is a fantastic place to be and investors are urged to grab a bag while the price remains at the low $0.03. Market analysts are confident that Rollblock will make stunning 100x moves during the coming bull cycle!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino  

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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