SEC to Pursue Ripple (XRP) for $2 Billion as Tether (USDT) Increases Investment in CityPay; Rollblock (RBLK) Potential to Surge 1200%
In a significant development, the SEC has decided to pursue Ripple (XRP) for $2 billion as their legal battle intensifies. At the same time, Tether (USDT) has announced an increase in its investment in CityPay, a payment service. Amidst all these happenings, all eyes are now on Rollblock (RBLK), a rising star in the Stage 1 presale. Analysts believe that this altcoin has the potential to surge by a staggering 1200% in 2024. Let’s dive into the details.
SEC’s Demand for Ripple (XRP) to Pay $2 Billion
The SEC continues to fight its legal battle against Ripple (XRP). In a recent filing, the SEC has demanded that Ripple pays $2 billion, a significantly larger amount than what Ripple had offered. In April 2024, Ripple had proposed to pay a $10 million fine, but the SEC deems this amount as inadequate.
In light of this news, Ripple’s technical analysis shows bearish signs. For instance, the Ripple coin is currently trading below its 21- and 50-day EMAs, accompanied by several red indicators.
However, despite these indicators, the price of this altcoin has been on the rise, with CoinMarketCap data showing an 18% growth in the past 12 months. As a result, experts predict that Ripple could trade at $0.78 within the second quarter of 2024.
Tether (USDT) Announces Increased Investment in CityPay
Meanwhile, Tether (USDT) has also grabbed attention in the crypto market. Notably, Tether has announced its plans to expand its presence in Eastern Europe by investing more in CityPay, a payment service based in Georgia. This move will allow CityPay to expand into other countries, including Armenia and Kazakhstan.
Although the exact investment amount has not been disclosed, this news concerning Tether is significant as it could yield excellent long-term results. Paolo Ardoino, in particular, has highlighted the positive outcomes achieved after Tether’s initial investment in CityPay. Given these reasons, traders continue to keep a close watch on Tether as it remains a powerful force in the crypto market.
Rollblock (RBLK): Exceptional Long-Term Growth Potential
While Ripple and Tether experience significant developments, Rollblock (RBLK) is emerging as a rising star in the presale phase. Market analysts predict a staggering 1200% increase in the value of RBLK, Rollblock’s native token, during the presale alone. The optimistic outlook stems from the growing popularity of Rollblock’s GambleFi protocol, which is disrupting the $450 billion online gambling industry.
Rollblock sets itself apart from competitors like Stake.com in terms of security and user experience. In other words, Rollblock eliminates sign-up KYC checks and additional downloads, allowing users to register via email. With this development, users can engage in a fully-licensed and operational online crypto casino while remaining anonymous.
What truly distinguishes Rollblock is its revenue-sharing model. The platform allocates up to 30% of its weekly revenue to purchase RBLK tokens from the open market. Subsequently, half of these tokens are burned, while the remaining half is distributed as rewards for staking. This will result in some of the highest staking APYs available to RBLK holders.
With a Stage 1 presale price of $0.01, RBLK is one of the best altcoins to invest in. It has already raised over $250,000 and could reach $1 million by the end of May. Moreover, Rollblock has sold over 24 million RBLK tokens, indicating a high demand for this altcoin. Consequently, market analysts predict a 100x surge for RBLK once it becomes available on Tier-1 exchanges in the third quarter of 2024.
Can Rollblock Outperform Ripple and Tether?
Rollblock enjoys an advantage over other altcoins, including Ripple, due to its low market cap of $10 million. This means that RBLK can experience faster growth as it requires fewer new funds to skyrocket in price. To secure a potential future member of the top 10 altcoins, sign up for the RBLK presale using the links provided and receive VIP bonuses.
Explore the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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