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Despite its recent weakness, many experts are doubling down on bullish Ethereum price predictions. As Solana looks ready to break out to price discovery, Rollblock (RBLK) has secured the major milestone of more than $10 million in presale inflows. Here's why so many investors are flocking to this promising 50x DeFi gaming startup.
Rollblock (RBLK) has now passed an incredible $10 million in assets under management after storming into stage 10 of its popular presale offering in recent days. The price of RBLK has been hitting consistent new highs over the past few weeks, despite the choppy nature of the wider crypto market. This has led large numbers of investors to take an interest and make an allocation to this revolutionary gaming platform - new users grew by 600% in December alone.
Rollblock takes all users' transactions and securely transcribes them onto the Ethereum blockchain, allowing gamers to access an immutable record of their bids. This will come as a massive relief to the millions of online gamers who have had to blindly put their trust into centralized platforms that have operated under a complete lack of transparency for decades.
$RBLK is set to become a giant of the P2E space, offering exclusive VIP areas and the potential to stake coins for up to 30% in yield. This is due to the incredibly bullish revenue-sharing scheme that will see up to 30% of Rollblock’s profits used to buy up RBLK on exchanges each week. 60% of these tokens are immediately burned to bring down the supply, while the remaining 40% end up in the hands of the most loyal holders in the form of staking rewards.
Ethereum has bounced impressively overnight, reclaiming $2.9K after hitting $2.3K during the recent flash crash. Ethereum remains the largest crypto asset behind Bitcoin, with a gargantuan market cap of over $350 billion.
Despite its main rival Solana looking ready to outperform in the short term, Ethereum has a history of putting in a rally when the market least expects it and proving its many naysayers wrong. Many analysts are confident that Ethereum could soon reach $3.5K, which would certainly put some distance between Ethereum and the various Ethereum killers in the top 10—namely Ripple and Solana.
Despite losing 20% in the last month, Ethereum holders should be confident that Ethereum is entering oversold territory and could put in a famous Ethereum god candle during the next leg up. While Solana could well put in a new high in the coming weeks, Ethereum remains an attractive buy at these levels. As Eric Trump recently tweeted, “It’s a great time to add $ETH.”
The major layer 1 chains such as Ethereum and Solana might well go on to enter price discovery in the coming weeks, although Rollblock has been putting in higher highs for many months now. It recently reached $0.052, meaning that its earliest adopters are now more than 350% up on their initial capital outlay. This is just the beginning, however, as experts predict RBLK could rally up significantly this year as its adoption is only accelerating.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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