Ethereum Whales Are Diversifying Into This New Altcoin as ETH Price Predictions Fall Flat

When the SEC first announced ETFs were coming to Ethereum, the entire crypto space was excited with anticipation of institutional demand into the altcoin space. There was a lot of expectation, but after a fall in price and more outflows due to the Grayscale ETF bleed, there’s no longer a bullish ETH price prediction narrative anymore.

Crypto whales know it’s only temporary for the world’s second biggest crypto, but with the bull market all but confirmed, investors and traders are now looking elsewhere for the big gains that typically come at this point in the four-year cycle.

Rollblock is attracting plenty of attention with its price up 200% since the start of the presale. But with predictions of 100x, after it launches, it would be a good idea to take a closer look at why it’s capturing all this attention.

In this article, we’ll take a look at Ethereum, see what it needs to trigger a reverse in fortune, and give our own ETH price prediction. And we’ll also look at Rollblock and see why analysts are so bullish on it, considering it’s still in its presale.

Rollblock has grabbed the attention of crypto whales

Rollblock is one of the most talked-about projects in the crypto space. The presale is smashing expectations, and the price of its token, $RBLK, has surged by 250% since the start as crypto whales grab a big slice of this newest crypto pie.

Rollblock’s success is down to its innovative approach to online gambling. A GambleFi platform that merges blockchain with the lucrative online casino industry, and for the first time, gamers have transparency, and investors have a way to benefit from the success of the platform.

Rollblock’s revenue share model allows token holders to earn passive income from the casino’s profits. This is attracting investors looking for steady returns in addition to capital appreciation, which is amplified by the deflationary buyback and burn feature that ensures scarcity is driven down.

Now in stage 7 of its presale, Rollblock is showing no signs of slowing down and early analyst predictions of 880% during the presale look within reach. However, it’s when the platform launches that the biggest gains will be made and many analysts are predicting major returns.

ETH price prediction: a better Q4 and 2025

Ethereum whales have let the price run down, which has led to a disappointing summer since the ETFs launched. After the success of the Bitcoin ETFs, many believed Ethereum would see at least 20% of that success, but in fact, there have been more outflows than inflows due to Grayscale’s bleed.

Despite the disappointing summer, however, Ethereum investors should be bullish as the inflows will eventually turn positive. Ethereum will turn positive again, and it should be a part of any diversified portfolio. Our ETH price prediction by the end of 2024 is $3,650.

Conclusion

No ETH price prediction has been right this year, but with Rollblock built on the Ethereum network, it could receive a boost. As with all bull markets, the biggest gains are had with the new cryptos. Rollblock is up 200% since the presale started, and when it launches properly, RBLK should see explosive gains, and 100x ROI is well within reach.

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

Website: https://presale.rollblock.io/
Socials:https://linktr.ee/rollblockcasino

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.