Amid the ongoing bull run, Ethereum recorded an ETH inflow that could propel its value to another high. Despite an ETH ETF record of about $650 million in inflows, the market sentiment is slowing down on investing in ETH.
Like ETH, the WIF price aims to hit its high in April 2024. However, Rollblock is emerging as the next big win in the $450 billion GambleFi industry. With a current presale price of $0.035, this emerging altcoin attracts institutional and retail investors alike.
Rollblock continues to impress investors with price surge
In just a few days, Rollblock witnessed a massive demand surge for its token, $RBLK. This is thanks to the numerous but practical features Rollblock brings. Just look at its decentralized casino model on the ETH blockchain. Transparency that no other online casino can have, thanks to the merger of online gambling with blockchain technology.
The platform introduces thousands of casino games, including slots and live dealer options, with DeFi elements like staking and yield farming. Rollblock also provides passive income from 30% of the casino’s revenues, with regular token burns enhancing scarcity and price potential.
Rollblock leverages smart contracts to ensure fair gameplay and transparent transactions. The platform’s liquidity and cross-network token integration encourage a user-friendly environment for players and investors.
With $5.3 million liquidity raised, Rollblock is in its 8th presale stage, available for $0.035.
Ethereum remains neutral after ETF rally
In recent days, ETH has witnessed a remarkable surge in ETF inflows. The ETH ETF’s net inflows totaled $649.3 million in five consecutive days. The total net assets of ETH ETFs are currently at $9.67 billion, 2.4% of ETH’s total market capitalization.
On November 11, the combined inflows into ETH’s ETF surpassed $295 million, a record high. A day after, another $135.9 million inflow was received into the ETFs, as recorded by data from Sosovalue. Coincidentally, this influx of capital into ETH ETFs came during a decline in ETH supply.
This signifies an ETH burn mechanism, as more ETH is locked up in staking, effectively reducing the circulating supply. Moreover, as the back-to-back inflows continued in days, ETH posed a slow rally amid the run.
However, analysts are optimistic about an ETH rally in the future. The inflows generated through BlackRock, Fidelity, Grayscale, and Bitwise have tilted market sentiment toward ETH’s bullish run.
Dogwifhat: WIF posing big gains with Coinbase listing
Dogwifhat’s WIF price has increased by 40% since Trump’s election. However, this price surge was slightly impacted by a crypto whale dumping 850,000 WIF tokens, swapping them for 15,987 SOL worth $3.4 million.
Due to the recent developments, WIF’s prospects and value attract investors’ interest. Additionally, on November 13, Coinbase added WIF to its listing roadmap. The announcement saw the WIF price climb to $4.21, the token’s month high since March when it reached its ATH of $4.83.
With this news, investors are drawn towards WIF, even as the bull run surges. WIF has broken through the $3.83 resistance level, and the dog-themed token is tipped to soar to a new high of $5.08.
While ETH is aiming above $4,000 and WIF aims to cross its all-time high, Rollblock’s impressive presale event makes it the best token to invest in now.
For a limited time RollBlock Tokens are available with a 50% Bonus, providing the perfect opportunity to acquire $RLBK!
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
