Token price consolidation can last for months or even years. That is why investors are moving from flat tokens like Lido (LDO) and Jasmy (JASMY) to top altcoins with massive growth potential like Rollblock (RBLK). Rollblock is expected to grow 100x or more in 2024 while Lido and Jasmy continue to tread water.
Ethereum Etf Approval May End Up Harming Lido More Than Helping It
Lido’s price has been consolidating around $2 for the last month as Lido’s initial bounce from the announcement of Ethereum ETF approval failed to maintain serious momentum. As a staking blockchain that relies primarily on Ethereum traffic to generate revenues, Lido’s price is tied to the performance of Ethereum.
While the initial hope for the Lido DAO token based on ETF approval made sense, the news that the ETFs would not be allowed to stake their ETH tokens came as a serious blow. These new ETFs may lead to lower staking rates for ETH tokens, thereby harming Lido DAO’s business.
Jasmy Investors Question Revenue Opportunities
Jasmy’s price has enjoyed 2 strong bounces in 2024, the first from $0.005 to $0.023 at the start of the year and another from $0.02 to $0.04 during the height of the last bull run. However, Jasmy’s has since fallen to $0.03 and continues to consolidate around this level.
JasmyCoin laid out its ambitious plans for its innovative Internet of Things (IoT) business model at the start of 2024. While this plan to finally fulfill JasmyCoin’s original vision was greeted with optimism, the actual rollout of their plan has been underwhelming.
Top Altcoin Rollblock Refuses To Stop Climbing As It Achieves Goal After Goal
Rollblock is doing the opposite of consolidating as its presale breaks record after record in 2024.
Rollblock has transformed its ambitions for revolutionizing the $450 billion global gambling industry into reality with the successful implementation of its celebrated white paper.
Rollblock’s central feature is its ambitious buyback program. This program uses up to 30% of each week’s revenues to buy the RBLK token back from the open market. These tokens are then used as staking rewards with high APY rates or burned.
This constant rate of demand in the market leads to a constantly rising price for RBLK tokens, which translates into gains that draw in an ever-increasing number of players.
These players also enjoy Rollblock’s premiere online casino platform, featuring more than 150 games from the best providers in the industry. Rollblock’s players enjoy all the classics, like roulette and blackjack, alongside the latest the industry has to offer.
With so many investors dumping their underperforming tokens from previous bull markets, Rollblock’s presale is rapidly selling out during each phase. Currently in phase 4 at $0.017, experts predict this number will increase up to x10 within the presale alone. There are also estimates that RBLK will hit 100x or more its current price before 2024 is over as it rapidly takes market share in the GameFi space!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
The post Rollblock Price Predicted To Explode By Over 100x While LDO and JASMY See Further Price Consolidation appeared first on Crypto News Land.