Bitcoin, Ethereum, and Solana are all in the red following bearish market trends. Solana, in particular, has seen huge declines, falling over 25% from April to June. With Ethereum and Bitcoin seeing further declines over the past week, investors are hedging against market volatility with Rollblock. Currently in stage 3 of its presale, Rollblock has seen a 40% increase over the last month and is predicted to make further gains in June.
Bitcoin Outperformed By Global Equities
A recent Bloomberg report shows that Bitcoin has failed to deliver profitable results in Q2. It’s been outperformed by stocks and bonds, losing 5% of its value since the start of April.
Since hitting an all-time high of $73,798 in March, Bitcoin has met strong resistance at $69,000 and has decreased by 6% over the last week alone.
In Q1, Bitcoin’s price rallied by 67% in just three months, though its appeal has since decreased despite its halving and the release of Bitcoin ETFs.
BlackRock CEO Endorses Ethereum
Larry Fink, CEO of BlackRock, recently described Ethereum as a “Flight to Quality” asset. This suggests that Ethereum has been recognized as a reliable way to store value, suggesting that institutional investors have become more confident in the asset.
BlackRock also endorsed Ethereum as a “Risk-Off” asset, implying that Ethereum is not only not a risky investment, but can be used to protect investments during economic turbulence.
Can Solana See a 50% Rally In June?
According to cryptocurrency analyst Ali, Solana could rally by 53% before the end of the month. Ali states that Solana is currently experiencing an ascending triangle pattern, which historically occurs before a Solana rally.
Over the past week, Solana’s price has dropped by 14%. This decline has been influenced by bearish Bitcoin and Ethereum trends and has caused SOL to fall below $150. Solana is now trading at $147.74, and its daily trading volume has fallen 29% in the last 24 hours.
Rollblock Becomes a Hedge Against Bearish Trends
Many investors are turning to Rollblock to boost their portfolios as they anticipate further declines among major cryptocurrencies. Rollblock is up 40% in the last month, and with stage 3 of its presale quickly selling out, additional price declines are imminent.
This highly lucrative GambleFi project is defying market trends with its unique DeFi application. The project introduces a casino with its own revenue share model, allowing investors to place DeFi bets and earn a passive income as the project scales.
The Rollblock casino offers table classics, slots, and digital games, with over 150 games in total. These are compatible with over 20 major cryptocurrencies, and players don’t need to pass KYC checks, making Rollblock easily accessible. The casino is already live, allowing players to get involved today.
In addition to playing casino games, investors who buy RBLK will earn a percentage of the platform’s revenue. Rollblock will allocate up to 30% of its revenue for rewards. It will use revenue to buy RBLK from the open market, with millions of dollars worth of RBLK expected to be purchased daily.
Half of the RBLK Rollblock buys will also be burned, creating a long term deflationary effect that increases RBLK’s price over time. Currently, RBLK is selling for just $0.014, though with new opportunities such as sports betting being added to the Rollblock casino, the project’s presale is expected to soar a massive 720% before it sells out.
Conclusion
The presale of Rollblock has been quite successful, and that is proof that the project has managed to attract the attention of the crypto market. RBLK has been predicted by analysts to rise by 100x in this year alone. Hence, relying on these positive forecasts, RBLK is the best crypto to buy at the moment.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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