Why Are Many Ethereum (ETH) and Stellar (XLM) Holders Exchanging Their Holdings For This New Cryptocurrency?

Rollblock (RBLK), a new cryptocurrency presale, is drawing significant attention from Ethereum (ETH) and Stellar (XLM). ETH price continues to underperform despite the much-hyped Ethereum ETF launch, while XLM still languishes in the doldrums after a nearly 3-year bearish run.

Analysts predict the RBLK GambleFi token could blast past 880% in presale. Frustrated ETH and XLM holders are flocking into this new cryptocurrency for a real chance at gigantic returns.

Ethereum (ETH) price collapses after Ethereum ETF launch

Ethereum (ETH)  was just doing fine two weeks before the Ethereum ETF launch. ETH shot from a $2,810 drop on July 5 to a high of $3,562 on July 22. The much-anticipated Ethereum ETFs debuted on July 23, and Ethereum price started cratering.

The recent crypto bloodbath sent ETH crumbling down to local weekly support in the $2,111 zone on Aug. 5. Die-hard ETH holders have been slurping the dip, pushing ETH prices to touch the $2.7k resistance zone. 

Despite the nine Ethereum ETFs recording $7.3 billion in total net assets, ETH price struggles to reclaim and hold above $2.7k. That’s indicative of the Ethereum ETF being already worked into the price. ETH has seen quite the profit-taking as traders rush to reinvest in new cryptocurrency presales.

Stellar(XLM) continues a 3-year demise

The bear market pushed Stellar (XLM) into the doldrums. In the recent bull run, Stellar (XLM) failed to push past $0.19 and has been chopping sideways in the $0.07 to $0.14 range for more than 21 months.

The recent crypto bloodbath swept XLM price, tossing it down to the $0.075 zone. The damage was so huge that XLM has failed to exceed $0.1 despite investors slurping the dip lately.

The extended rut that frustrated XLM holders find themselves mired in has prompted them to look towards new cryptocurrency tokens to get back on their feet.

Rollblock (RBLK) new cryptocurrency presale draws ETH and XLM holders

Investors are going bananas for Rollblock’s revenue share incentives and unmatched growth trajectory. Currently, in presale stage 5, Rollblock redistributes a weekly payout to the RBKL token holders from a portion of its weekly profits. Further, the RBLK token can be staked to provide liquidity in the Rollblock network for a big-time APY of up to 30%.

But the real investment opportunity lies under the hood. The RBLK token is a deflationary asset capped at a billion. It comes with regular token burns to slowly diminish the circulating supply as demand increases, boosting the token value over time. That allows the forces of demand and supply to lift this new cryptocurrency to shoot the moon.

Here’s the cherry on top: Rollblock has ventured into the gambling industry, a $450 billion empire with no clear competitors in the blockchain circles. The RBLK token is well positioned to take over the GambleFi space and could easily rise into a multi-billion dollar crypto asset.

Analysts predict mammoth gains to the tune of 100x on launch. Exited investors have already pumped more than $2.1 million into Rollbock’s new cryptocurrency presale. ETH and XLM holders have joined the party to secure their RBLK bags at the bargain price of $0.0205 in stage 5. Load your RBLK bag now!

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

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