Now the Fed has pivoted and started the drop in interest rates, bullish times are expected yet again. The news was bullish for most of crypto, and end-of-year Solana price predictions (see below) are looking far more likely now.
The Federal Reserve announced on Wednesday that it will begin cutting interest rates, a move that has sparked bullish hopes for the cryptocurrency market.
With the news, the price of Solana (SOL) has surged, while Avalanche (AVAX) has also rallied but remains in a long-term downtrend.
Meanwhile, the presale token Rollblock (RBLK) has continued to sell out quickly, with its online casino token surging 170% and offering a token with actual utility and a way to generate cash flow.
Solana price prediction: Can it get anywhere near 15x gains?
Solana has been the best performing big-cap crypto of 2022, with SOL up over 15x from its lows. Much of this comes down to the developer activity on the Solana network as it steadily competes with Ethereum on all fronts.
After news of Fed rate cuts starting yesterday, the bull market is pretty much all but confirmed, and it should be bullish for Solana. In fact, the price is up 12% since the news broke, and if it continues, expert end-of-year Solana price prediction is at $300.
Can Avalanche ever regain its ATH?
Avalanche has been on a steady downward trajectory since its yearly highs in March. Down over 50% since then, even more disturbing for investors is that the current price is -80% from Avalanche’s ATH.
While the bull markets should see AVAX pump, it will take some real developer activity on the Avalanche network for a sustained rise. A year-end AVAX price prediction of $0.32 would see it up 25%, and while this is bullish compared with stocks, there will be much bigger gains elsewhere in crypto.
Online casino, Rollblock is set for mainnet launch in midst of bull market
Rollblock is set to disrupt the online casino world with its unique GambleFi platform. It’s one of the first community-backed crypto casinos, where token holders earn a share of the casino’s revenues. This groundbreaking approach has both crypto investors excited and the online gambling industry on red alert.
Rollblock doubles down on its earning potential with a generous staking program. Holders can stake their RBLK and offer liquidity to the economy and security to the network, and for their troubles are rewarded with a mouthwatering 30% APY.
Rollblock tackles long-standing issues in traditional casinos. Transactions on the platform are permanently recorded and immutable, which ensures fairness across the platform. And for privacy-focused contenders, there’s a non-KYC policy that allows users to sign up just with an email. Simply connect a wallet to begin playing.
There’s a fixed supply of 1 billion tokens, with 600 million available during the presale. Early investors are taking advantage of the low prices, but with over $3.7m raised, the price is creeping up as each presale stage completes. Analyst predictions are strongly bullish, and with Rollblock launching in the middle of the upcoming bull market, believe there’s good reason for it to reach 100x.
For more information, visit the Rollblock presale website or join the online community.
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