Altcoin
SEC Targets Ripple (XRP) for $2 Billion, Tether (USDT) Increases Investment in CityPay, Rollblock (RBLK) Has Potential to Rise 1200%
Recently, the SEC decided to pursue Ripple (XRP) for $2 billion as its legal battle heats up. Meanwhile, Tether (USDT) has increased its investment in CityPay, a payment service. Amid these developments, all eyes are on Rollblock (RBLK) – a Phase 1 presale star. Analysts say this altcoin could rise 1200% in 2024. Let’s see why.
SEC demands Ripple (XRP) to pay $2 billion
The SEC continues its legal battle against Ripple (XRP). In a recent filing, the SEC asked Ripple to pay $2 billion, a sum much larger than what Ripple offered. In April 2024, Ripple offered to pay a fine of $10 million. The SEC believes this amount is inappropriate.
Amid this Ripple news, its technical analysis shows bearish signals. For example, the Ripple coin is now trading below its 21-day and 50-day EMAs, despite having many red indicators.
However, the price of this altcoin has increased, as CoinMarketCap data shows 18% growth over the past 12 months. Therefore, experts predict that Ripple will trade at $0.78 by the second quarter of 2024.
Tether (USDT) announces further investment in CityPay
Meanwhile, Tether (USDT) has also been making headlines in the cryptocurrency market. Above all, Tether announced would increase its presence in Eastern Europe by investing more in CityPay, a Georgian payment service. From this development, Citypay will also benefit from its expansion into other countries, such as Armenia and Kazakhstan.
While the investment amount was not disclosed, this news about Tether is important as it could see excellent long-term results. Paolo Ardoino also stated that enormous results were achieved after Tether’s first investment in CityPay. For all these reasons, traders continue to keep an eye on Tether as a powerful force in the cryptocurrency market.
Rollblock (RBLK): Exceptional long-term growth potential
While Ripple and Tether see great developments, Rollblock (RBLK) is emerging as a rising presale star. Market analysts predict that there will be a disconcerting trend 1200% increase in the value of RBLK, Rollblock’s native token, in the presale only. This bullish outlook is due to the growing popularity of Rollblock’s GambleFi protocol, which is disrupting the $450 billion online gambling industry.
Rollblock differs from its competitors, such as Stake.com, when it comes to security and user experience. In other words, Rollblock avoids registration KYC checks or any additional downloads by allowing users to register via email. With this development, you will remain anonymous while engaging in this operational and fully licensed online crypto casino.
However, what sets Rollblock apart from the competition is its revenue sharing model. The platform will use up to 30% of its weekly revenue to purchase RBLK tokens from the open market. Afterwards, half of them are burned while the remaining half is distributed as a staking reward. This will produce some of the highest staked APYs available anywhere for RBLK holders.
With a Stage 1 presale price of $0.01, RBLK is one of the best altcoins to buy. It has already raised over $250,000 and could reach $1 million before the end of May. Not only that, Rollblock has sold over 24 million RBLK tokens so far, suggesting strong demand for this altcoin. Therefore, market analysts predict a 100x increase for RBLK once it reaches Level 1 trading in Q3 2024.
Can Rollblock outperform Ripple and Tether?
Rollblock has an advantage over other altcoins like Ripple thanks to its low market capitalization of $10 million. This means that RBLK will experience faster growth as it will need far fewer new funds for its price to skyrocket. To purchase a potential future member of the top 10 altcoins, sign up for the RBLK presale using the links below and get VIP bonuses.
Discover the exciting Rollblock (RBLK) presale opportunities today!
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