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Solana has seen a second ETF go live in Brazil, while Bonk remains bearish with little sign of meme strength. As the market reacts to this news, Rollblock ($RBLK) continues to draw in the crowds as investors look forward to 100x gains in the coming months.
Solana (SOL) Brazilian ETF Gets The Green Light
A second Solana (SOL) ETF has been approved this week after Brazil’s securities regulator, the Comissao de Valores Mobiliarios stamped the necessary paperwork to green-light the spot Solana fund. This follows news in the US that the SEC has put the brakes on recent US Solana applications on regulatory grounds.
Solana has been lagging the wider market recovery recently, but has had a positive week and finds itself up 1.98% to $145.32. Solana looks ready to pump on the arrival of increased institutional inflows and could soon target the range highs above $155.
Bonk ($BONK) Losing Momentum At $0.000019
Bonk ($BONK) has remained in a period of prolonged downturn, as hype around the Solana meme coin has faded to a whimper in recent months. Bonk finds itself down 36% in the last 30 days, as it has descended to $0.000019.
Bonk rose to fame earlier this year when its airdrop to holders of the Solana phone gained in value so much that the phone became essentially free to users of the network. Bonk holders will now be wondering whether to cut their losses or if a further Bonk rally is on the cards. Technical indicators including RSI, however, are all flashing bearish, suggesting that further Bonk downside is likely.
Rollblock ($RBLK) Serves Up Paralympic Giveaway Mania
Rollblock ($RBLK) is a brand new, cutting-edge casino token set to take an enormous slice of the $450 billion online gambling pie. Rollblock encrypts all financial transactions onto the Ethereum blockchain, eliminating any need to trust that a casino won’t tamper with bets once placed.
Rollblock has the added advantage of being totally anonymous as no KYC information is required upon joining. Users can simply connect a crypto wallet to deposit one of over 20 accepted cryptocurrencies, and for a short time can enjoy a whopping 100% deposit bonus on first-time transfers up to $500.
Experts are tipping the RBLK token for insane 100x moves in 2024 thanks to a unique revenue share scheme. This will see up to 30% of casino profits used to buy back the $RBLK each week. Tokens are then allocated between stakers and a burner account. This reduction in supply will cause prices to launch upward as demand becomes parabolic.
Stage 5 of the pre-sale is currently over 45% sold at the low price of $0.021. Users should race to the Rollblock socials for Paralympic giveaways in the coming weeks.
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.
Source: https://en.cryptonomist.ch/2024/08/25/brazil-approves-solana-etf-top-meme-coin-bonk-umvoved/