The fierce altcoin battle to take third place behind Bitcoin and Ethereum is heating up as Solana and Binance Coin both race to take the lead. Meanwhile investors continue to flock to the Rollblock ($RBLK) presale as experts predict monster gains of up to 200x this cycle after the GamblFi protocol raises more than $2million.
Solana (SOL) could be set to join Bitcoin (BTC) and Ethereum (ETH) in having its own crypto exchange-traded fund (ETF) after a second application was filed with the US Securities and Exchange Commission (SEC).
Solana enjoyed a brief stint in third place by market capitalization last week, before being overtaken once more by Binance Coin (BNB).
Now, paperwork has been filed with the SEC by 21Shares and VanEck platforms, leading many to speculate that Solana will follow in the footsteps of Bitcoin and Ethereum this year.
Solana was also one of the first coins to rebound the fastest from Monday’s market crash, up 15% on the daily to $141.32.
However, Solana’s price is still down by over 20% in a week, so bulls still have a lot of work to do to get back into the previous range and reach the highs of $200.
Binance Coin (BNB) has struggled recently and is down over 16% over the last seven days, despite some bullish news from the SEC.
Gensler has given Binance Coin the all-clear in its recent allegations regarding listing third-party coins as illegal unregistered securities, which could see BNB soar in Q3.
Binance Coin’s price recently bounced from the key $400 level, and bulls now need to step in at these levels to send Binance Coin back to $570 and beyond in the coming weeks.
A recent quarterly token burn saw nearly $1 billion of Binance Coin removed from circulating supply, which could result in further bullish momentum.
Rollblock ($RBLK) has hit the $0.018 price point and reached another all-time high in recent days, impressing investors.
Nearly 7,500 investors have now stepped in to make an allocation to this early-stage presale, as Rollblock is set to disrupt the $450 billion online gambling sector.
Rollblock encrypts all bets onto the Ethereum chain, reducing any suspicions of bet tampering. There is no need to submit know-your-customer (KYC) as users can simply connect a crypto wallet to begin.
The platform offers a wide range of familiar Casino classics as well as new exclusives like Zeppelin. Payouts are made using the native RBLK token, which has a hard cap of a billion coins and deflationary supply tokenomics.
Each week, Rollblock will use up to 30% of its revenue to repurchase RBLK from the open market. Half of these tokens will be burned, leading to a supply squeeze as demand will far outpace the supply. The other half will be used for generous staking rewards of up to 30%.
Stage five is currently selling out fast, with tokens selling for just $0.02. Investors are urged to hurry and make an allocation before Rollblock’s price goes vertical.
Analysts are calling for huge gains of up to 200x, and early investors are already up by 100%!
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