Ethereum ETFs See Record Outflows, Coinbase To Support MATIC to POL Upgrade, Rollblock Price Ready For New Highs

Ethereum and Polygon are both making headlines. Ethereum ETFs are seeing record outflows, and Polygon is upgrading its token from MATIC to POL. But the real buzz is around Rollblock, a rising star in the crypto world.

With predictions of a 100x surge this year, investors are eagerly jumping on board. Read on to find out why Rollblock may be the next crypto to explode this year!

Ethereum ETFs see record outflows; investor confidence wavers

Ethereum ETFs in the U.S. are seeing a cold shoulder from investors, with five straight days of outflows. And if that wasn’t enough, the ETH/BTC pair has hit a three-year low, signaling a potential crisis.

Shedding about 40% of its value after the ETF launch, Ether is believed to be the victim of sell-the-news panic that has been amplified by massive sell-offs from institutional investors, including market titans like Jump Trading and Wintermute.

To add fuel to the fire, Japan’s interest rate hikes have cast a dark cloud over Ethereum’s short-term prospects, a reason for further investor anxiety.

Coinbase backs Polygon’s MATIC to POL upgrade

Coinbase has announced its support for Polygon’s huge upgrade, transitioning its native token from MATIC to POL. This change is part of Polygon’s ambitious plan to scale Ethereum through its aggregated chain architecture. The upgrade aims to transform MATIC into a “hyperproductive token,” enhancing its efficiency and utility within the network.

Starting August 26, Coinbase will begin the migration process, replacing the MATIC ticker with POL. The mainnet upgrade is scheduled for September 4, with Coinbase’s preparations expected to wrap up by September 10. During this period, users are advised not to deposit MATIC tokens on the Polygon PoS network.

While the upgrade promises significant improvements, it might cause some temporary headaches for users.

Rollblock raised over $2.4 million and is ready for a new high

The gambling industry has remained largely unchanged for centuries. But Rollblock is poised to disrupt this status quo.

With strong social media traction, Rollblock has secured over $2.4 million in funding. Its token, $RBLK, has seen a price increase from $0.01 to $0.021 during the presale, indicating robust early demand.

A key Rollblock feature is its profit-sharing model. Through profit-sharing with token holders, Rollblock cultivates a supportive ecosystem where users have a direct stake in the platform’s success. This model is a stark contrast to the often exploitative practices of traditional casinos.

Offering over 150 games, Rollblock allows instant access without identity verification. The platform leverages blockchain technology for efficient, secure transactions using $RBLK. This structure appeals to investors seeking not only the next crypto to explode but also consistent returns.

As the global gambling industry nears $500 billion annually, experts predict Rollblock could rapidly carve out its share, with some forecasting a 100x price surge for $RBLK in 2024 alone.

Summary

As investors lose faith in Ethereum ETFs and MATIC is going through volatile changes, they’re turning to Rollblock. This new presale has smashed records with over $2.4 million already raised.

With its strong growth potential, Rollblock is at the forefront of a multi-billion-dollar industry and is ready to dethrone traditional casinos, poised to become one of the top cryptos this year.Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/