CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Why Are Many Ethereum (ETH) and Stellar (XLM) Holders Exchanging Their Holdings For This New Cryptocurrency?

August 14, 2024
in Crypto News
Reading Time: 4 mins read
A A
0
Why Are Many Ethereum (ETH) and Stellar (XLM) Holders Exchanging Their Holdings For This New Cryptocurrency?
0
SHARES
3
VIEWS
ShareShareShareShareShare

Rollblock (RBLK), a new cryptocurrency presale, is drawing significant attention from Ethereum (ETH) and Stellar (XLM). ETH price continues to underperform despite the much-hyped Ethereum ETF launch, while XLM still languishes in the doldrums after a nearly 3-year bearish run.

Analysts predict the RBLK GambleFi token could blast past 880% in presale. Frustrated ETH and XLM holders are flocking into this new cryptocurrency for a real chance at gigantic returns.

Ethereum (ETH) price collapses after Ethereum ETF launch

Ethereum (ETH)  was just doing fine two weeks before the Ethereum ETF launch. ETH shot from a $2,810 drop on July 5 to a high of $3,562 on July 22. The much-anticipated Ethereum ETFs debuted on July 23, and Ethereum price started cratering.

The recent crypto bloodbath sent ETH crumbling down to local weekly support in the $2,111 zone on Aug. 5. Die-hard ETH holders have been slurping the dip, pushing ETH prices to touch the $2.7k resistance zone. 

Despite the nine Ethereum ETFs recording $7.3 billion in total net assets, ETH price struggles to reclaim and hold above $2.7k. That’s indicative of the Ethereum ETF being already worked into the price. ETH has seen quite the profit-taking as traders rush to reinvest in new cryptocurrency presales.

Stellar(XLM) continues a 3-year demise

The bear market pushed Stellar (XLM) into the doldrums. In the recent bull run, Stellar (XLM) failed to push past $0.19 and has been chopping sideways in the $0.07 to $0.14 range for more than 21 months.

The recent crypto bloodbath swept XLM price, tossing it down to the $0.075 zone. The damage was so huge that XLM has failed to exceed $0.1 despite investors slurping the dip lately.

The extended rut that frustrated XLM holders find themselves mired in has prompted them to look towards new cryptocurrency tokens to get back on their feet.

Rollblock (RBLK) new cryptocurrency presale draws ETH and XLM holders

Investors are going bananas for Rollblock’s revenue share incentives and unmatched growth trajectory. Currently, in presale stage 5, Rollblock redistributes a weekly payout to the RBKL token holders from a portion of its weekly profits. Further, the RBLK token can be staked to provide liquidity in the Rollblock network for a big-time APY of up to 30%.

But the real investment opportunity lies under the hood. The RBLK token is a deflationary asset capped at a billion. It comes with regular token burns to slowly diminish the circulating supply as demand increases, boosting the token value over time. That allows the forces of demand and supply to lift this new cryptocurrency to shoot the moon.

Here’s the cherry on top: Rollblock has ventured into the gambling industry, a $450 billion empire with no clear competitors in the blockchain circles. The RBLK token is well positioned to take over the GambleFi space and could easily rise into a multi-billion dollar crypto asset.

Analysts predict mammoth gains to the tune of 100x on launch. Exited investors have already pumped more than $2.1 million into Rollbock’s new cryptocurrency presale. ETH and XLM holders have joined the party to secure their RBLK bags at the bargain price of $0.0205 in stage 5. Load your RBLK bag now!

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

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

Socials: https://linktr.ee/rollblockcasino

          No spam, no lies, only insights. You can unsubscribe at any time.


Credit: Source link

RELATED POSTS

XRP Dips Below Crucial Support, BTC Slides Toward $78K: Market Watch

Hunter Biden Is Launching a LAPTOP Meme Coin

Bitcoin Tests $82K Resistance as ETF Buying Strengthens

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Massive $593.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase Prime

Next Post

Coinbase Wants SEC To Produce Documents That Could Expose Regulator’s Inconsistent Views on Digital Assets

Related Posts

XRP Dips Below Crucial Support, BTC Slides Toward $78K: Market Watch
Crypto News

XRP Dips Below Crucial Support, BTC Slides Toward $78K: Market Watch

September 8, 2026
Hunter Biden Is Launching a LAPTOP Meme Coin
Crypto News

Hunter Biden Is Launching a LAPTOP Meme Coin

September 8, 2026
This is How Bitcoin ETF Inflows Are Affecting BTC’s Price Movement
Crypto News

Bitcoin Tests $82K Resistance as ETF Buying Strengthens

September 7, 2026
Next Post
Coinbase Wants SEC To Produce Documents That Could Expose Regulator’s Inconsistent Views on Digital Assets

Coinbase Wants SEC To Produce Documents That Could Expose Regulator’s Inconsistent Views on Digital Assets

US government transfers 10,000 Silk Road BTC to Coinbase Prime, Bitcoin price holds steady

US government transfers 10,000 Silk Road BTC to Coinbase Prime, Bitcoin price holds steady

Recommended Stories

Standard Chartered Brings Institutional Crypto Trading to UAE

Standard Chartered Brings Institutional Crypto Trading to UAE

September 3, 2026
A 52-Year-Old Mississippi Farmer Faces Elon Musk’s Data-Center Push

A 52-Year-Old Mississippi Farmer Faces Elon Musk’s Data-Center Push

September 3, 2026
Hyperliquid US push faces CME’s Lazarus warning

Hyperliquid US push faces CME’s Lazarus warning

September 2, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • The New RWA Meme Coin Meta Has TradFi CEOs Furious

    0 shares
    Share 0 Tweet 0
  • Ethereum Price Teases Breakout as Bulls Eye a Violent Move

    0 shares
    Share 0 Tweet 0
  • Render Royale May 2025: Winners Unveiled in a Fantastical Display

    0 shares
    Share 0 Tweet 0
  • TSLA Price Prediction: Cybercab Hype Fades Fast — $340 or $376, This Is Where Tesla Breaks

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Over 90% of France’s Crypto Gains Go Undeclared
  • COIN Price Prediction: Smart Money is Long, But the Earnings Wreckage Has a Ceiling — $195 or Breakdown
  • XRP Dips Below Crucial Support, BTC Slides Toward $78K: Market Watch

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.