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Cryptocurrency News Articles
Rollblock (RBLK): RBLK Utility Token Powers Rollblock to $4.8 Million
Oct 31, 2024 at 08:00 pm
Rollblock is rapidly gaining traction as its RBLK utility token attracts significant investor interest, even as Ethereum struggles with high fees.
Bitcoin price a hair below ATH, while Ethereum fee spike suppresses growth
The market has waited a long time for this. Since the halving in April, the promise of a bull run and a breakout Bitcoin price has been promised but has not appeared. Now, as ‘Uptober’ enters its last three days, we finally see the Bitcoin price heading skywards.
Currently trading above $71k, the Bitcoin price is certain to break its ATH, and then a doubling, if not a tripling, is on the cards. This is much slower than previous bull cycles, but the rising Bitcoin price will raise all cryptos, signaling good news all around.
Bitcoin price chart on the 1 hour time frame from Binance
Most of the large-cap tokens are within spitting distance of their ATHs and following the Bitcoin price’s lead. But Ethereum is still struggling at about half its ATH and battling to keep up with the rest of the market. The reason? Ethereum’s fees have skyrocketed.
Gas fees on Ethereum are too high to make Ethereum trading worth it and layer 2 and 3 utility tokens are getting all the love that Ethereum was supposed to get. This is not the first time that high fees have scuppered Ethereum’s hopes. Earlier this year, the Ethereum price was headed for $4k, only to gas prices to shoot up, pushing ETH down to $2,500. Ethereum has an urgent problem to solve.
The markets are doing exceptionally well, and the Bitcoin price is due to breach its ATH in a matter of days, if not hours. It’s a shame that Ethereum is not able to follow suit just yet, but it’s a problem that Vitalik can solve with a wise policy call or two. In the meantime, the new online casino Rollblock is raking in the spoils with $4.8 million in liquidity already assigned.
Rollblock is now available at $0.032.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io
Socials: https://linktr.ee/rollblockcasino
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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