Stories and Reviews
June 19, 2024

Ethereum Drives Global Crypto Investment to Over $1B – Top Altcoins To Buy Ahead of the Bull Cycle

A recent research conducted by the research team of the leading crypto exchange Kucoin revealed that the crypto industry witnessed an inflow of over $1.02B in new investments in May. According to the report, the main areas that institutional investors focused on were on Ethereum due to the recent Ether ETF approval. Meanwhile, Core is witnessing high trading activity as investors accumulate the token ahead of the bull run. In another development, the ongoing Rollblock presale has attracted whales, with analysts picking it as the best altcoin to invest in June. 

Rollblock Hits New Milestone As Whales Accumulate the Token

Rollblock has hit a new record of over 3000 registered users as the presale continues to make waves in the market. Having started the presale at a slow pace, it is now gaining momentum as smart investors continue to accumulate. So far, the team has raised over $770,000 with almost 100 million tokens sold so far with analysts choosing RBLK as the best altcoin to invest in now. 

Meanwhile, the Rollblock native token, RBLK, an ERC20 token, is sold for just $0.014. Users who deposit up to $500 receive a 100% welcome bonus. Individuals who saw the potential early and joined have earned 40% returns, which analysts believe will reach 500% soon. There are also ongoing plans for a CEX listing in Q3, which will trigger more rallies. 

As such, analysts believe RBLK is the best altcoin to buy now. One unique thing about the project is that it is community-driven, with several community activities to reward users. Currently, there is an ongoing $20,000 giveaway for the ongoing EURO competition. Users who complete a series of challenges, like predicting the outcome of matches, are rewarded. 

Unlike other igaming platforms Rollblock does not require users to complete a KYC when accessing their casino. To get started users simply connect their wallet or sign up with an email, these simple barriers of entry have seen a substantial increase in users which has in-turn led to an increase in investors purchasing their native $RBLK token.

The native token, $RBLK, plays a significant role in the ecosystem, $RBLK serves as a reward for players’ activity whilst allowing holders to stake in the future for additional rewards. Alongside this Rollblock has implemented a revenue share feature which sees up to 30% of the casinos daily profit being used to; share profit amongst holders, purchase $RBLK back from the open market and burning it to further increase the $RBLK token value.

Ethereum Price Prediction — Can Ether Price Hit $4000 in Q3?

The latest report from Kucoin’s research team shows that the crypto investment of May hit over $1B, driven mostly by the recent approval of the Ethereum ETFs by the US Securities and Exchange Commission (SEC). Since the approval of the ETFs, interest in the number one altcoin, Ethereum, has skyrocketed. 

According to CoinMarketCap data, the Ethereum price has dropped below the $3500 mark. Although the Ethereum trading volume is rising, the market sentiment remains bearish. However, Ali Martinez, a popular crypto analyst, observed that Ethereum whales have bought over $700,000 ETH in the past three weeks, which is approximately $2.45B. With the bull run on the way, Michael Van De Poppe is betting on the Ethereum ecosystem. As such, Ethereum is one of the top altcoins to watch out for in Q3. 

Core Price Analysis – Can It Set New ATH Soon?

Core is a layer 1 blockchain developed to run Ethereum smart contracts and decentralized applications. As one of the latest blockchains that leverages Bitcoin’s proof of work to ensure a successful and more efficient ecosystem, Core has witnessed massive adoption. However, market data shows that the Core price has dropped by 30% in the past month and 18% in the past week. 

Zooming in, the Core trading volume is rising as investors leverage the ongoing downturn to accumulate the token. Meanwhile, Core market sentiment is bearish with over 15 key market indicators down. However, analysts believe the coin will witness a resurgence soon and pick it among the best altcoins to buy and HODL now. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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