Institutional Investors Buy Up Ethereum While Retail Sells

SPONSORED POST*

The current market drawdown and bearish headwinds haven’t been kind to altcoin holders. However, price corrections are an ideal opportunity for crypto investment. Ethereum, for instance, saw a spike in institutional crypto investment as retail holders sold off on the way down from $3,500. 

NEAR Protocol, on the other hand, has seen its prices sink by 50% from its March 2024 highs. It is losing ground to newer, shinier, and more promising projects like the new presale GambleFi sensation Rollblock. Analysts are bullish on Rollblock’s prospects after raising over $2.2 million as its presale marches onward into stage 5.

Learn why the smart money is betting on Rollblock to surpass NEAR Protocol and Ethereum in terms of end-of-year crypto investment gains—and why YOU should get in on the early action.

Institutional money flows into Ethereum despite retail skittishness

Ethereum is down 24% in the past month, leaving long-term retail holders skittish and exiting positions by the truckload. Ethereum prices are down across the board, with the Ethereum foundation itself dumping tons of ETH tokens in the wake of the correction caused by Bitcoin falling to $50,000. However, analysts believe that rising ETH ETF inflows from institutional investors hint at a potential rally in the making, signaling a fresh upward move for Ethereum prices in the medium term. 

NEAR Protocol losing steam 

NEAR Protocol was one of 2023’s big gainers, carrying its momentum and peaking at $8.82 last March 2024 shortly after Bitcoin minted a new all-time high. However, the Layer-1 protocol has since lost major steam entering August, falling to the $4 level as of press time. NEAR Protocol is losing major mindshare to projects with higher upside to turn in larger gains by the end of 2024, with GambleFi presale superstar Rollblock among the hot picks to overtake NEAR and Ethereum. 

Rollblock presale offers can’t-miss crypto investment in the lucrative GambleFi sector

The hottest presale of the summer has arrived with the launch of GambleFi protocol Rollblock. Rollblock is going where no other iGaming platform has gone before by building the premier no-KYC crypto casino and GambleFi platform. It’s also offering a rare opportunity to invest on the ground floor of a blue-chip that analysts believe could bring in an 800% gain once its native token $RBLK launches on global exchanges. 

Apart from using $RBLK to bet on Rollblock’s massive selection of slots, casino games, and sports betting markets, $RBLK holders will be able to put their crypto investment to work by staking it for passive yield. Better still, $RBLK holders will earn a share in the crypto casino’s profits paid weekly. 

Not surprisingly, the smart money is moving away from Ethereum and NEAR in favor of newer narratives like GambleFi—and Rollblock is right at the center of that narrative in the years to come. 

The bottom line

If you’re looking to get the most bang for your investment buck, you won’t get it by buying into Ethereum or NEAR. Instead, you should consider investing in a project that ticks all the boxes of a winner in Rollblock.

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.