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Donald Trump is back in the news after his post-election crypto rally that set the crypto market on fire. The US President-elect is set to resume office in January, but his indirect impact is already being felt in the crypto market. Two of the most impacted coins are Hedera (HBAR) and Ripple (XRP), which were recently purchased by World Liberty Financial (WLFI), a Trump-backed decentralized finance (DeFi) blockchain.
The recent accumulation of HBAR and XRP has caused a surge in both coin prices, which have returned significant gains in the past month. However, speculations that World Liberty Financial may purchase additional DeFi tokens have increased the demand for Rollblock among investors, boosting its presale raise to over $7.7 million. Let’s find out if Rollblock stands a chance in the crypto market.
Following Trump’s win at the polls in November, the crypto market quickly responded with a strong bullish drive, which set the pace for Bitcoin hitting $100K in December. Some weeks later, the Trump effect is felt in the HBAR price, which is up by about 130% at the time of writing.
The HBAR price growth coincides with the purchase of the token by the Trump-backed World Liberty Financial platform. This could see HBAR added to the platform’s DeFi features, including liquidity provision, staking, and crypto loans.
XRP had a slower start to the year compared to many other altcoins. However, the token has had one of the most impressive price growths in the last 30 days, surging by over 60% per live data from CoinMarketCap at the time of writing. The XRP price is around $2.30, which is a massive increase from its $1.37 price in late November.
XRP’s recent surge is also a result of its adoption by the WLFI, which will result in more use cases for the token within a robust DeFi ecosystem. Moreover, there have been speculations that the Trump administration will favor Ripple (the company behind XRP) in its ongoing lawsuit.
The Rollblock presale has been going strong, raising about $7.7 million within a few months. The new casino token has been causing a palpable fear of missing out (FOMO) among investors looking for the next altcoin to explode. Moreover, the latest rumors about the token potentially getting into the World Liberty Financial ecosystem have strengthened its demand and attraction.
Besides the stir about Rollblock’s potential purchase by WLFI, the DeFi token also gives investors and traders enough reasons to back it massively. First, it is the Rollblock ecosystem’s governance token that allows holders to participate in major governance decisions. The token also powers the ecosystem’s rewards system, which features daily, weekly, and monthly rakebacks for players.
Similarly, investors can earn more Rollblock tokens through the platform’s revenue-sharing program that rewards them with a portion of the casino’s weekly revenue. Plus, token holders can go the extra mile by staking their RBLK tokens for up to 30% APY.
With positives from the broader crypto market and internal investment features, Rollblock is set to boom post-launch. Interested investors can leverage the limited-time opportunity of purchasing Rollblock for $0.044 in presale stage 9 before it increases in the next stage.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
