Bitcoin is rocking the crypto world as its price has passed $64k and appears to be still plowing on. This could potentially have a knock-on effect for major altcoins like Ethereum and Litecoin, while other projects like Rollblock appear to be consistently improving as the market continues to fluctuate.
Will US Election Action Continue to be a Positive Factor for Ethereum?
As anticipation around the US Election grows, Bitcoin and Ethereum are experiencing steady growth. Over the last 24 hours, Ethereum increased by 2.97%, taking Ethereum’s price to $2539.00. However, sentiment is bearish despite the Bitcoin action, with Ethereum’s daily trading volume seeing a decline over the past month.
Can Litecoin Benefit from the $64k Bitcoin Peak?
While Ethereum appears to be gaining momentum from the $64,000 Bitcoin high, investors are still waiting for the positive Litecoin reaction. In the last month, the Litecoin price has stagnated around $65.90. In fact, Litecoin dropped by 0.07% in October, causing many long-term investors to sell their holdings. Nonetheless, analysts hope that the Bitcoin boost will trickle down to Litecoin in the coming weeks.
200% Boost is Just the Start for Rollblock
While Ethereum and Litecoin have experienced fluctuations over the last month, Rollbock has made headlines with its massive 200% rally. This revolutionary GambleFi ecosystem has caught the attention of the betting community and DeFi enthusiasts alike and is expected to soar by over 800% during its presale alone.
Rollblock introduces a revolutionary DeFi casino showcasing over 7,000 casino games. These include casino classics, live dealer selections, slots and more. Games are compatible with over 20 major cryptocurrencies, including the project’s utility token, RBLK. To further enhance its ecosystem Rollblock also plans to add sports betting to its offerings. This feature will cover major sporting events worldwide including the NBA, soccer, boxing and more.
Every week, Rollblock will purchase RBLK tokens from exchanges using up to 30% of its casino revenue. Half of these tokens will be given to holders as staking rewards. The other half will be permanently burned from supply. This keeps the token highly deflationary and drives up the price of $RBLK tokens for long term holders.
These incredible features and the versatility of the RBLK token have seen its price surge from as low as $0.01 to $0.031 where it currently stands in presale stage 7. Stage 7 is over 35% sold out, and the price will jump to $0.035 when stage 8 hits. Media outlets like Yahoo! Finance and CoinPedia have noted this potential, and it’s why investors are looking to Rollblock over the likes of Ethereum and Litecoin.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Source: https://blockchainreporter.net/rollblock-set-to-overtake-ethereum-and-litecoin-for-gains-in-upcoming-bullrun-as-bitcoin-activity-heats-up/