In line with broader crypto market expectations, the US Securities and Exchange Commission has approved Ethereum ETFs. The bullish Ethereum news has triggered overall market optimism, with several altcoins—Ethereum Classic and Polygon benefiting from the resurgence. Meanwhile, Rollblock (RBLK) has witnessed significant buying interest due to its unique, innovative features and higher growth potential. The altcoin has already raised over $500,000 in just two weeks alongside which early investors have seen a 20% ROI in price value, positioning it among the best cryptos to buy now.
US SEC Approves Ethereum ETF—ETH Price Reacts
In a shocking U-turn, the US Securities and Exchange Commission approved spot Ethereum ETFs on May 23, 2024. This marks the second major approval from the regulatory watchdog after the approval of Bitcoin ETFs in January 2024. After a slight dip, Ethereum’s price bounced back recording substantial gains.
Ethereum price has recorded over 38% increase in the last 10 days, with its bulls seemingly conserving strength for the approval. Ethereum liquidation data indicate that the bulls are slowing down—with long liquidations standing at around $28 million out of the total $49.96 million. Experts are optimistic about the altcoin, suggesting that it could hit $10,000 by the end of the year. Thus, ETH Coin is among the best altcoins to invest in 2024
Polygon’s Bulls Are Back—Will It Trigger an Upswing?
Polygon crypto is among the best altcoins redefining the crypto market. Its layer 2 solutions are in demand, a factor that has contributed to its recent price upswing. Recently, the Polygon network has witnessed a heightened increase in interest from instructional investors, reflecting overall investor confidence. After climbing above the $1 mark in Q1 of 2024, the price of Polygon has been on a downtrend, losing its key resistance level.
However, with overall market optimism triggered by Ethereum ETF approval, Polygon bulls are back controlling the market. Its technical indicators suggest that the price of Polygon is gearing up for a breakout. With this view, experts see Polygon among the best cryptos to buy now, suggesting that the altcoin is gearing up for parabolic bull runs in the coming days.
Ethereum Classic Introduces USD-Denominated Stablecoin
The Ethereum Classic has witnessed visibility in the broader crypto market due to its recent network development and robust market performance. The recent substantial gains in the value of the Ethereum Classic coin over the last few days are attributed to the overall bull market trends as well as bullish network development.
Remarkably, the Ethereum Classic has announced that it’s introducing a Classic USD stablecoin set to launch in its ecosystem. The USD Classic stablecoin is fully backed by cash equivalents, short-term US government bonds, and cash. This remarkable development triggered a brief rally on the ETC coin. Its technical indicators are signaling heightened buying pressure. With this view, experts have made bullish Ethereum Classic price predictions.
Rollblock (RBLK) Eyeing the $1M Revenue Target By End of May
Despite the challenging crypto market conditions, Rollblock (RBLK) seems to be thriving, recording a 20% price surge in stage two of its presale. This extremely unique project has been gaining traction owing to its outstanding utility and passive income opportunities. Something that has contributed to the platform raising over $500,000 while eyeing the $1 million revenue mark by the end of May.
The project is designed to disrupt the GambleFi market with blockchain technology. Rollblock offers a DeFi casino that is already licensed and live, showcasing over 150 games. The project is also planning to introduce sports betting over the coming few months.
Rollblock’s revenue share initiative rewards RBLK holders by helping them generate another stream of passive income. To offer rewards, Rollblock will use up to 30% of its weekly revenue to buy RBLK tokens from the open market. It will then burn half of the RBLK tokens to reduce the token supply and use the remaining half for rewards. The rewards will be paid weekly to the RBLK stakers who can generate some of the highest returns within the market.
Currently trading at $0.012, which is a 20% surge, crypto enthusiasts are extremely bullish about this top crypto. Experts also predict that Rollblock will rally by over 100x in presale alone. This makes the token an extremely top crypto investment option that might outperform even some of the best-performing cryptos.
Conclusion
Despite the bullish trend of Ethereum, Polygon, and Ethereum Classic, Rollblock stands out owing to its position in the booming online gaming market, which is set to grow impressively over the coming days. Rollblock also offers a user-friendly platform topped with an outstanding revenue share model that promises long-term value, with this being said analysts predict Rollblock to generate 10x returns once the presale has completed leading Rollblock to be the best cryptocurrency to invest in.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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Disclaimer: This is a paid post and should not be treated as news/advice.
