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Ripple (XRP) and Solana (SOL) are both in the race for ETF approval, but investors are showing interest in Rollblock (RBLK) for potential significant gains in 2024.
The competition is heating up between Ripple and Solana to secure the next ETF approval. However, savvy investors are turning their attention to the new GambleFi project, Rollblock (RBLK), which is still in its presale phase. Rollblock is projected to see a 100x increase in value by 2024.
Ripple ETF Speculations
Ripple’s price has hovered around $0.50 for over two years, following significant bull runs in 2018 and 2021. Recent optimism about a Ripple ETF has boosted its price by 25% in the last month.
For Ripple to sustain this momentum and achieve historical growth levels, continuous positive news regarding ETF approval will be crucial. Ripple is second in line after Solana for ETF approval, so favorable news for Solana could also benefit Ripple.
Solana ETF Prospects
Solana had an impressive year, with its price reaching $200, a 10x increase. This 2024 high is close to its all-time high of $260 from 2021. Investors believe Solana’s price could soar further if an ETF is approved.
Despite being first in line for ETF approval due to its technological advancements and strong adoption rates, a Solana ETF remains unlikely in the near future. Issuers indicate that demand for additional tokens is currently low.
Rollblock: A Promising GambleFi Project
While many focus on ETF approvals and traditional finance, astute investors are exploring the GambleFi space for high-growth potential tokens. The global gambling industry, worth $450 billion today, is expected to reach $750 billion by 2028 as it moves online.
Rollblock is a thriving online casino, attracting over 2,000 new players each week. The platform offers more than 150 popular games and hosts exciting community events and giveaways.
Rollblock’s success lies in its innovative revenue-sharing model. The platform uses up to 30% of its weekly revenue to buy back its token from the market. These tokens are then used for high-APY staking rewards or burned to maintain a deflationary trend.
Rollblock is entering the 5th stage of its presale, with a price increase from $0.0172 to $0.02. Investors are eager to participate in the 4th stage while it lasts. Analysts predict RBLK could reach $1 or more by the end of 2024.
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