Ethereum and XRP face selling pressure, whales turn to this new crypto

As Ethereum and XRP face selling pressure, crypto whales are shifting their focus to Rollblock.

Markets can change quickly in crypto, so it’s not surprising to see Ethereum (ETH) and XRP, two massive altcoins, facing immense selling pressure. As these titans grapple with an uncertain future due to their recent price performances, Rollblock (RBLK), a new crypto project, offers a haven. With unique, transformative features, new investors are piling on for its upside potential. 

Rollblock’s presale: A crypto investor magnet 

The Rollblock presale launched a few months ago, attracting tens of thousands of investors and raising approximately $10 million in funds so far. Millions of RBLK tokens have been sold, and at $0.053 per token, the presale is expected to sell out in record time. This is a remarkable feat, and it indicates investors’ interest in the project and acknowledgement of its potential.

By seamlessly integrating blockchain technology into its platform, Rollblock aims to offer a provably fair gaming experience to online gamers and gamblers. It stands out as a beacon of honesty in the burgeoning $540 billion GambleFi market. 

Rollblock has the potential to become the go-to platform for players. Beyond its transformative technology, Rollblock offers staking rewards and a revenue-sharing mechanism. Above all, it is dedicated to building a strong community that will be material to its long-term success. 

Pectra upgrade boosts Ethereum’s prospects

Ethereum is the second-largest altcoin by market cap, but its price trajectory in recent times has been disturbing. In the first 3 days of February, ETH dropped below $2,500, shedding almost $1,000 in the process. 

While this has raised concerns about the coin’s future, the upcoming Pectra upgrade has prevented the sentiment from worsening. This upgrade is expected to boost Ethereum’s capabilities, reduce fees, and increase its throughput. As such, while things might look dour for  Ethereum right now, the future is somewhat brighter.

Ripple’s lingering SEC battle

When Donald Trump won the presidential election, crypto enthusiasts were wildly jubilant, with expectations that he would usher in pro-crypto regulations and end the SEC’s persecution of crypto projects like Ripple. It’s been weeks since Trump’s inauguration, yet Ripple’s legal tussle is still ongoing. This has XRP holders anxious about the coin’s future. 

As a result, the early February crypto price correction seriously impacted Ripple, with XRP depreciating by almost 40% in 3 days. XRP will likely continue to face selling pressure until some significant positive development changes the tide. 

Conclusion

XRP and Ethereum have had their day, shooting up sporadically to net early investors handsome profits. Crypto whales are trooping now onto the Rollblock presale because it offers the potential for massive upsides.

The new crypto’s approach to iGaming, coupled with a strong community and a focus on user experience, makes it a compelling option for ambitious investors. 

For more information on Rollblock, visit the website or socials.