Three top altcoins are making headlines this week as the next bull cycle heats up. Ripple (XRP) is looking at ETF approval, Kaspa’s (KAS) rally continues to reverse and ERC20 token Rollblock’s (RBLK) crypto presale nears $5 million sold. However, the biggest news is crypto casino Rollblock heading toward the close of its viral presale with over 100x growth projected for early 2025.
What you'll learn 👉
Ripple to Remain Muted Despite Important XRP ETF Step
The Ripple price bounced this week when two financial services providers submitted their proposals for XRP ETFs to the SEC. Ripple soared almost 10% on the news but has since round-tripped these gains.
While these filings were an important step toward ETF approval for Ripple, there are still many hurdles to cross. The Ripple price is likely to remain muted for the near future as the long process of XRP ETF approval plays out. Analysts warn against entering a position in Ripple now when the price may still drop and offer a superior entry point.
Kaspa Sheds Value as BlockDAG Competitors Enter Proof of Work Market
The Kaspa price’s blistering 2024 rally continues to give back value as the excitement over its BlockDAG protocol fades. Kaspa shed another 25% this month as it crashed to $0.12 from its 2024 peak of over $0.20.
The Kaspa price rallied over 2x higher in 2024 as its BlockDAG revolution to the old Proof of Work model took the market by storm. However, competitors are now entering the Proof of Work market with similar protocols and taking the shine off Kaspa’s first-mover advantage.
However, many investors expect the Kaspa price to stabilize soon around these current lows.
Rollblock Tops Headlines as Crypto Presale Success Leads to Staggering Growth Estimates
ERC20 token Rollblock is topping the headlines from Ripple and Kaspa this week as its crypto presale goes viral at the $5 million mark. Analysts are projecting staggering growth due to this crypto casino’s innovative tokenomics when its presale ends in early 2025.
This top altcoin has already made its mark in the $525 billion global gambling industry.
Rollblock’s platform of over 7,000 provably fair games can be accessed from anywhere in the world using 20 major crypto tokens. More than 20,000 players have already signed up for fast and unlimited access to a next-generation online gambling experience.
However, it is how Rollblock’s innovative tokenomics turns this enormous revenue potential into value growth that has the analysts so excited.
Rollblock uses up to 30% of the casino’s own revenue to perform buybacks from the open market each week. It then burns 60% of these tokens to drive value growth through deflation. The other 40% of the tokens are used to provide rewards for staking with APY rates that beat the market.
Analysts expect rapid player expansion to translate into over 100x growth for RBLK at the start of 2025.
Rollblock is in the final days of its crypto presale’s seventh stage and selling its tokens for the low price of $0.033. With a limited time 50% token bonus offer on new purchases, there may never be a better time to get involved in the future of online gambling.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.