Institutional interest in cryptocurrencies is accelerating rapidly, and with the remarkable success of Bitcoin and Ethereum ETFs, industry experts are curious about which altcoins will be approved next. Solana (SOL) and Ripple (XRP) are currently some of the top contenders, as multiple financial institutions are applying for ETFs with regulatory authorities. Dogecoin (DOGE) is also making headlines, with the Scandinavian company Valor launching the first DOGE ETP.
As speculation about the next crypto ETF continues to grow, Rollblock (RBLK) is making significant strides in the crypto gambling sector with its captivating GameFi platform, which has the potential to transform the industry. Here’s why experts are betting on it as the next major altcoin.
Rollblock's Innovative Approach to Crypto Gambling
With the $450 billion gambling industry increasingly shifting online, the community-driven Web3 casino Rollblock is poised to revolutionize the space with its innovative framework. By seamlessly integrating centralized and decentralized gaming elements, Rollblock offers a top-tier casino experience, all secured by the Ethereum blockchain. Users benefit from a user-friendly interface with rapid transactions and provably fair gaming odds.
Security and transparency are Rollblock's top priorities. The project has undergone a thorough audit by the reputable blockchain security firm SolidProof and has obtained a license from Anjouna Gaming, ensuring it meets the highest regulatory standards.
Over 45,000 players have already immersed themselves in the 7,000-game catalog that features timeless classics like roulette and poker, as well as live games and new AI-enhanced exclusives. Additionally, a sports betting platform has been launched, with platform bids reaching $1.75 million in December.
Rollblock is not just another typical crypto protocol; it also serves as an investment opportunity thanks to its unique revenue-sharing model. Every week, the casino reinvests up to 30% of its revenue in open-market buybacks of the $RBLK token. Out of this, 40% is distributed to holders as staking rewards with competitive APYs, while the remaining 60% is burned, decreasing the total supply and enabling $RBLK to appreciate steadily and stabilize during volatile periods.
Dogecoin Begins the Week with a Downturn, Drops 8%
After facing a strong rejection at the $0.42 resistance level, Dogecoin's price took a downturn due to increased selling pressure. Currently, Dogecoin is holding at the $0.32 support level following an 8% intraday surge, culminating in a nearly 13% weekly loss. As short positions increased, Dogecoin's trading volume spiked by over 160%, with more than $3.7 billion in DOGE exchanged within the past 24 hours.
Despite the current decline, holders remain optimistic since Dogecoin is a leading candidate to be the first meme coin ETF, given its significant presence in the crypto market. Noted analyst Ali Martinez predicts a substantial 4,100% rally for Dogecoin should DOGE ETFs become a reality, potentially driving its price to double digits. Meanwhile, more cautious projections are eyeing the $1 mark as the next key milestone.
Solana Falls Below $230, Recovers Slightly but Gains Are Limited
Solana is also facing major volatility as its downward trend from the previous weekend continues. Currently, Solana is trading at $233 after an 8.5% drop in the last 24 hours. Solana briefly touched a low of $222, prompting buyers to step in and drive the price back above $230, penalizing late short sellers.
Regarding Solana ETFs, uncertainty lingers as the SEC has rejected initial applications from several fund managers, including VanEck and BitWise. However, with a change in leadership and Donald Trump advocating for a pro-crypto regulatory shift, some experts speculate that Solana ETFs might be approved by the end of the year.
Ripple Sees a Textbook Rebound as Buyers Seize the Opportunity
The overall market turbulence has also affected Ripple's price movement, although its broader price structure remains intact. Currently trading at $2.91, Ripple is stabilizing around this level as investors take advantage of the dip. Trading volume has soared by over 300%, with Ripple's order book reflecting a fierce battle between bulls and bears. Over the weekend, more than $28 million in leveraged XRP positions were liquidated, mostly longs, although a significant $3.4 million in Ripple shorts were also closed out.
Meanwhile, Ripple's ongoing legal battle with the SEC is nearing its decisive phase, remaining a focal point of market interest. A dismissal of the appeal could pave the way for Ripple ETFs, potentially pushing XRP prices above $4.
Rollblock's Viral Presale Aims for a $10 Million Milestone
Stage 10 of the $RBLK presale has just commenced, with over $9.6 million already raised. $RBLK is currently priced at just $0.052, with early investors already seeing returns exceeding 350%. This remains an ideal entry point, as analysts predict an 800% surge by the end of the presale phase. Once listings on major exchanges are confirmed, a potential 100x increase could be on the horizon.
Explore the Thrilling Opportunities in the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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