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Cryptocurrency News Articles

New Altcoin Rollblock Turns on the Jets With a 150% Gain in September

Sep 09, 2024 at 09:00 pm

Ethereum (ETH) and Shiba Inu (SHIB) were once among the leading lights of the crypto industry. The operative word being “WERE.” Entering 2024

New Altcoin Rollblock Turns on the Jets With a 150% Gain in September

Cryptocurrency prices have taken a hit in 2024, with both Ethereum (ETH) and Shiba Inu (SHIB) posting significant losses. As a result, both tokens are now trading at a fraction of their all-time highs.

However, while ETH and SHIB have struggled, other, newer altcoins have performed exceptionally well. One such altcoin is Rollblock, which has surged by over 1,400% since its launch earlier this year.

Here's a closer look at how ETH, SHIB, and Rollblock have performed in 2024 so far:

1. Ethereum (ETH)

After hitting a low of $1,800 in early 2024, ETH prices have since recovered to trade at an average of $2,218 as of September. This marks a significant decline from ETH’s all-time high of over $4,000 in 2023.

Despite the losses, ETH has managed to hold onto its position as the second-largest cryptocurrency by market cap. However, with new altcoins like Rollblock entering the scene with a lot more momentum and upside potential, ETH is facing increasing competition to remain at the top spot on investors’ radars.

2. Shiba Inu (SHIB)

SHIB prices have also taken a hit in 2024, with the token now trading at an average of $0.000013. This marks a steep decline from SHIB’s all-time high of $0.00008 in late 2023.

As a result of the losses, SHIB has now fallen out of the top 20 cryptocurrencies by market cap. However, SHIB is still considered one of the most popular meme coins among crypto investors.

3. Rollblock (RBLK)

New altcoin Rollblock has had an incredible run in 2024, with the token surging by over 1,400% since its launch. As a result, early investors who bought $RBLK during stage 1 of the presale are already sitting on gains of over 150%.

The token is set to continue rising in price as it enters stage 6 of the presale, with prices rising from an initial $0.01 to $0.025 by the final stage. Analysts are tipping Rollblock to easily outpace both ETH and SHIB in 2024, especially when it comes to EOY gains.

This is largely due to Rollblock’s low market cap and first-mover status in the lucrative $500B online gambling industry, making it one of the most promising new altcoins on the market today.

Original source:crypto-news-flash

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