Bitcoin Could Fall To $50K Says Arthur Hayes

SPONSORED POST*

According to BitMEX co-founder Arthur Hayes, Bitcoin is set for a torrid time. In his recent blog post, he posited that the BTC price, against popular opinion, would drop after the Feds increase interest rates. 

Since Bitcoin holds sway over the crypto market, this development is set to tank altcoin prices, Solana included. However, the same can’t be said about Rollblock, a new iGaming token. It is currently in presale stage 6, having raised a whopping $3.2 million from the public. 

Its price has constantly been on the rise and there are talks that it would rise by 880% before the presale ends. This makes it the ideal token for ambitious cryptocurrency investors. 

Fed rate cuts could pull BTC price down to $50,000 – Arthur Hayes 

Arthur Hayes is respected in the global financial circle. So, whenever he speaks, people listen. Recently, he stated that the Fed’s proposed rate cut – which many believe would favor BTC price- would instead tank it. 

Specifically, he said that the BTC price could drop to as low as $50,000, but that would only affect the coin for a couple of weeks. Arthur Hayes is bullish on Bitcoin in the long term, although it offers less percentage gains when compared with upcoming tokens like Rollblock. 

SOL holders scared as Solana revenue hits 6-month low 

Figures from DefiLlama have revealed that Solana’s daily revenue plunged to a 6-month low on the 1st of September. Solana generated just $190,000 on that day, a 92% decline from its revenue peak of $5 million in March.

Even worse, data from Kaito AI further notes that Solana’s sentiment has flipped to bearish mode. The negative sentiment is also reflected in Solana’s non-vote transactions, which declined by 63% between July and August.  

These signals suggest that Solana could experience some hard times ahead. SOL holders are within their right to be scared for the coin, which is why they’re jumping ship to Rollblock. 

Rollblock shoots for the moon 

Rollblock is one of the few tokens immune to the upcoming BTC price drop Arthur Hayes predicted. It has strong fundamentals, attractive features, and interesting tokenomics that keep wowing investors. 

First off, Rollblock has real utility, unlike most tokens. It powers the KYC-less iGaming platform where anyone with an email address can create an account, play games and place bets. Even more, it operates a revenue sharing model, in which RBLK holders get a fraction of the revenues generated by the platform. 

Due to these attractive features, Rollblock has a strong and vibrant community. This support is expected to propel the token and push it to the moon. RBLK holders are already raking in some profit, as it has already appreciated by 150%. 

The token is currently priced at $0.025, which is another reason investors are rushing the presale. This low entry price leaves much room for massive gains later on. Considering that Rollblock is still in presale, and is expected to rise by 880% before it ends, imagine how high it could go when it launches on exchanges later on!

Crypto experts predict a 100x gain for early RBLK investors. But given its potential, it could go even higher. 

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

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

Socials: https://linktr.ee/rollblockcasino

*This article was paid for. Cryptonomist did not write the article or test the platform.