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XRP and Shiba Inu stalling; investors flock to new crypto meta token

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XRP and Shiba Inu face setbacks, driving investors to Rollblock, the new presale set to change the $500B online gambling market.

XRP and Shiba Inu have long ensconced themselves as some of the crypto industry’s heavyweights. The problem is the current meta crypto scene is moving on from these billion-dollar crypto giants in search of new crypto investment opportunities that can turn in a prettier penny than these dinosaurs. 

Worse, XRP and SHIB stumbled out of the gates in September, with their rallies being stunted by the threat of a looming market downturn. That’s why thousands of XRP and SHIB holders are flocking to the new crypto presale that’s captured the $500B online gambling market by storm: Rollblock. Here’s why Rollblock is set to dominate the meta crypto discussion as 2024 draws to an end. 

XRP fails to build on August rally

XRP turned in a sensational performance in August, all things considered. Despite the major market drawdown, which sent Bitcoin prices tumbling to $50K, XRP surged past $0.64 to the confoundment of analysts. The price action had XRP holders buzzing about the token’s chances of hitting $1—but that optimism has been largely replaced by disappointment as XRP failed to sustain its rally. While XRP prices have continued to be up by almost 6% in the past month, it has started off on an 8% loss to start September.

Massive Shiba Inu token burn fails to spark rally

Shiba Inu just underwent its largest token burn in 2 months to start September. But where is the corresponding price increase? Despite the absurd 28,000% spike in burn rate coinciding with 96 million SHIB tokens burned in a single transaction last August 29th—the largest token burn in the past 2 months—SHIB prices remain stuck at $0.000013, failing to spark a tangible rally as expected. The hype around Shiba Inu has died down in favor of new crypto projects with a hell of a lot more upside than SHIB—like Rollblock.

New crypto Rollblock dominates the GambleFi meta with 150% surge

All eyes are on the new crypto Rollblock as news goes around about its presale investors raking in big-time gains with a 150% increase in August. Entering stage 6 of its presale, Rollblock token prices have increased from $0.01 in stage 1 to $0.025 as of press time, putting early adopters well into a profit ahead of the GambleFi token’s launch.

The new crypto is elevating the $500 billion online gambling sector by taking it straight into web3, offering investors interested in gaining exposure to the lucrative industry with its ICO. Rollblock boasts over 200+ slots, casino games, and sports betting markets from top-tier iGaming providers. 

But it doesn’t end with creating the premier iGaming platform on Ethereum. Rollblock offers various passive income generation opportunities in the form of 30% APY staking and a revenue share paid out weekly from the casino’s profits. 

It’s easy to see why this new crypto is being dubbed by in-the-know sectors as a legitimate moonshot in 2024. GambleFi is, after all, a major meta crypto growth sector that’s set to grow leaps and bounds in the coming years—and Rollblock seems to be right in the middle of that conversation.

For more information, visit Rollblock’s presale website or join the online community.

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Toncoin, Intel Markets and Ethereum

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Donald Trump is set to launch a new crypto exchange, World Liberty Financial, sparking interest in altcoins like Toncoin, Intel Markets, and Ethereum.

The crypto space is expected to heat up soon. This is because Donald Trump will announce the launch of World Liberty Financial, a new crypto exchange run by his family members. To prepare for this potential bullish rally, traders are looking at altcoins that could surge. Analysts are focusing on three of them: Toncoin (TON), Intel Markets (INTL) and Ethereum (ETH).

Recently, Toncoin saw a major listing announcement from LCX, while Intel Markets is selling out quickly in stage 2 of its presale. Plus, market analyst CryptoBullet remains bullish for Ethereum. Keep reading as we discuss all these altcoins.

Toncoin: New listing on LCX

Toncoin is one of the best altcoins at the moment. Recently, LCX announced that it will list Toncoin. With this development, more people will get access to this coin. As more eyes are on it, demand for it will rise, followed by its value. Speaking of which, the Toncoin crypto value jumped nearly 5% in the past week alone.

This increase can be attributed to hype surrounding the Toncoin token airdrops. For example, Hamster Kombat and Catizen tokens will see airdrops in September. Additionally, Toncoin is trading above its 20-day EMAs. Due to all these bullish Toncoin news and signals, experts forecast a potential rise to $6 before October ends.

Intel Markets: One of the best altcoins to buy

Intel Markets is also an altcoin making some noise in its presale run. Over 4m INTL tokens are now sold. This achievement has helped Intel Markets raise over $360k so far and may potentially reach $1m before the end of this month. People are interested in what Intel Markets has to offer.

Essentially, Intel Markets will combine the blockchain and DeFi space with AI technology. It will bring a one-of-a-kind AI-powered smart trading platform. Thus, people will benefit from this technology when trading. For instance, in standard trading interfaces, traders get mixed signals. But this will not be the case on Intel Markets, as the Intell-Array™ monitoring system will review every indicator and create holistic signals.

The INTL native token is a big part of this project. It is now in Stage 2 of its presale, which is selling out quickly. It costs $0.018182, but this price could surge to $0.027364 after Stage 3 begins. Since Intel Markets also taps into the AI market, which is projected to reach $826B by 2030 as per Statista, its long-term growth potential is great. Experts predict this altcoin could soar by 1,100% after a Tier-1 CEX lists it this year.

Ethereum: Prominent analyst remains confident

No altcoin list would be complete without Ethereum. According to CoinMarketCap data, the price of Ethereum has jumped over 40% on the YTD chart. Crypto analyst CryptoBullet says that ETH now sees the exact triple bottom as it did in 2021. According to his X post, this altcoin could see one of the hottest Q4 in 2024.

Recently, QCP also revealed that interest in the options market for Ethereum crypto is renewing. Over 20,000 contracts are targeting the $3,000 level by December 27. As a result, experts in the crypto field have a new Ethereum price prediction. They forecast that this altcoin may trade at $2,500 in October.

Final thoughts

Toncoin, Intel Markets and Ethereum are all altcoins to watch. But one of them could surge faster than the others. This is Intel Markets since it has a smaller market cap than its peers. Thus, INTL needs less money for its price to surge. Given its dual-chain functionality, which supports both Solana and Ethereum blockchains, and its ties to the AI market, INTL’s long-term growth potential could be amazing.

To learn more about Intel Markets, visit the websiteTelegram and Twitter.

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XRP, SOL stagnate as new rising altcoin seizes the moment with another ATH

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Rollblock surges past expectations with 150x gains during the presale, leaving XRP and SOL in its wake as the GambleFi project reshapes the crypto casino market.

Reaching another all-time high of $0.026 during the sixth round of its presale, rising cryptocurrency Rollblock rewards investors’ faith with solid market performance. Rollblock dominates the front stage with its creative GambleFi concept, which blends blockchain transparency with distributed gambling. Meanwhile, XRP and SOL struggle to get traction. 

XRP’s low market activity weigh heavy

Ripple’s legal troubles created a significant challenge for XRP. Despite the legal wins and current status, the token has failed to show a surge. The remittance token has not performed well since its all-time high of over $2 in 2021.

From former highs of over 23,000 daily active users, the active XRP address count has recently dropped to between 19,000 and 20,000. This drop implies investors’ decreased market activity, as the XRP supply in profit has also declined dramatically.

Solana’s price struggles create uncertainty

Solana has lately traded in a restricted range of $127 to $155, unable to break away from this consolidation zone. At the $155 level, SOL has encountered strong opposition, resulting in repeated rejections and a wary market mood. SOL has dropped 21.66% during the last month, so it might be difficult for SOL to gain upward momentum soon.​

Furthermore, SOL is under heightened pressure due to asset sales and legal probes, making the market more risky and confusing.

Rollblock’s: The rising crypto redefining the GambleFi market

Rollblock is quickly making its mark as a rising crypto, capturing the attention of investors eager to ride the next wave of crypto success. Priced at $0.026 in the sixth phase of its presale, the RBLK token has already returned 260% on its initial price, demonstrating strong early demand. Highly enthusiastic analysts forecast an 880% increase post-presale, while moderate research suggests Rollblock will reach 100x its current value, preparing it for fresh all-time highs.

Rollblock, the first community-owned crypto casino worldwide, uses blockchain technology to provide a transparent and distributed gaming experience. This approach positions Rollblock as a formidable player in the GambleFi sector and provides substantial growth potential for investors looking to maximize their investment holdings.

The platform’s unique revenue-sharing model and transparent operations address long-standing issues in online gambling, such as trust and fairness, setting Rollblock apart from traditional casinos. The rising crypto market continues to attract attention, especially from those looking for new ways to profit from blockchain’s developing ecosystem. 

As Rollblock approaches its public launch, it is positioned to transform the online casino sector, providing a vibrant and profitable environment for players and investors.

For more information, visit the Rollblock presale website or join the online community.

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The expanding crypto ecosystem of Solana

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Since Bitcoin’s 2009 launch, the crypto market has evolved, with Solana becoming a hub for niche tokens and innovative projects.

Since the inception of Bitcoin in 2009, the cryptocurrency market has been constantly evolving. Where it started as a simple peer-to-peer transaction setup, it has evolved into a vast ecosystem consisting of tokens, platforms, and decentralized applications (dApps). The more this landscape continues to diversify, the more niche tokens have been emerging, proving to be a key player within blockchain technology. 

This is especially the case for the Solana blockchain, which offers unique advantages for innovative projects. In line with Solana rapidly growing to become a hub for diverse cryptocurrencies, including memecoins and highly specialized utility tokens, the market is shifting towards more diversification and specialization. 

How Solana is a growing ecosystem for niche tokens

What Solana has become most known for is its high transaction speeds and low costs. However, Solana has also become fertile ground for developers and investors seeking alternatives to the more congested networks. It is especially the architecture of Solana which supports the great variety of token types being offered, which includes anything from stablecoins to meme tokens. 

Furthermore, the rapid transaction throughput, which can reach up to 65,000 transactions per second, has made Solana one of the keys sought out platforms to build decentralized finance (DeFi) apps, but also gaming platforms and NFT marketplaces.

The strong growth of memecoins on Solana is reflected in recent reports. One example is the Dogen coin, which is expecting a 700% surge by presale’s end. People can find some of the best memecoins on Solana, which is further manifesting the position of Solana when it comes to the niche meme coin market. Dogen is just one example: Solana’s memecoins are attracting traders from all around the world, especially traders moving away from Ethereum and Binance. This shift by traders is related to the faster and cheaper transaction capabilities of Solana. 

Not just memecoins: Other niche tokens on Solana

Even though memecoins continue to receive more attention, Solana can offer more than just these speculative assets. Another niche token that is gaining more attention is niche tokens with real-world utility. One example is Helium, which is a project that has been on Solana since 2023. 

This project uses decentralized infrastructures to allow users to create and monetize hotspot services. Another example is the Render Network, which enables creators to rent GPU power by using Render Tokens. These have become valuable assets for anyone who needs high computational power for rendering graphics. 

The difference between these tokens as compared to the meme ones is that utility-based tokens can offer more than just speculation. By providing actual services, these tokens can provide tangible services integrated with the blockchain technology. For example, Helium rewards users for providing network coverage, whereas Render Network facilitates the creation of high-resolution content by artists. 

The rise of memecoins

To many, memecoins can seem like a bit of a silly concept. However, they are growing in popularity on Solana, which is a clear reflection of the potential for memecoins to grow into wider adoption. Most of these tokens are community-driven and backed by online trends, which is also what has fed the growing popularity, since they have an ability to attract a broad audience. Meme coins are both bringing speculative excitement, but they are also helping users to be onboarded into the broader Solana ecosystem. 

One of the biggest reasons for the success of Solana’s memecoins is the ability for scalability and cost-effectiveness, as compared to competitors. An aspect is the cheaper and faster transactions which Solana memecoins can offer since they benefit from lower gas fees. This offer is ideal for high-frequency trading. It is reasons like this that are making Solana a competitor in the niche token market. 

Diversification in the cryptocurrency market

For most investors within the cryptocurrency market, diversification has become a critical strategy, since some of the flagship cryptocurrencies like Bitcoin and Ethereum have shown increased volatility. Due to this volatility, many investors have started to explore alternative assets, including niche tokens. Some of the characteristics that are making these niche tokens appealing is the possibility to have used engage in ETF-like trading of crypto assets, which offers a diversification tool beyond just token speculation.

The rise of niche tokens with such special characteristics is highlighting a growing interest in more sophisticated financial products within the cryptocurrency sphere. The role of these tokens is two-fold: They are both perfect for traders who want to diversify their portfolio, but they are also bringing new products to the decentralized world. 

Concluding

Niche tokens on Solana represent a broader shift in the crypto landscape: the diversification of the cryptocurrency market. With more specialized tokens emerging in the cryptocurrency sphere, investors and developers are spotting new opportunities to engage with blockchain. 

As Solana has the ability to support a broad range of tokens, from memecoins to utility tokens, and its scalable and cost-effective infrastructure, the platform is placing itself as a key player on the market.  

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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