XRP, Rollblock Primed For Mega Pumps, Experts Less Sure On PEPE Potential

Many altcoins have finally begun to show strength in recent weeks. Ripple rides high on news from the SEC, while Pepe holders may be looking at further

Altcoins have finally started to show strength in recent weeks, with some posting double- and triple-digit gains. While some coins, like XRP, have performed well in recent weeks, others, like PEPE, have failed to find strength. Here’s a look at how some of the top altcoins performed on Friday.

XRP price is showing volatility, as expected, with holders down over 7% this month as XRP consolidates below resistance at $0.53. XRP price pumped above $0.63, but this could not be sustained for long, as many XRP holders took profits at these levels on the good news. Hopes are high for a reclaim of the $1 level during the next leg-up.

The SEC case against Ripple has finally concluded, with the crypto giant being ordered to pay the SEC a fine of $125 million and to return an additional $65 million to XRP investors. This concludes a lengthy legal battle between the SEC and Ripple, which began in late-2020.

The SEC had alleged that Ripple executives engaged in an illegal securities offering by selling XRP tokens without registering them with the SEC. Ripple has always maintained that XRP is not a security and that the SEC overstepped its authority in bringing the case.

The fine is a far cry from the billions of dollars that many insiders were expecting for Ripple, and it is being seen as a victory for the crypto industry at large. XRP holders are now hoping that the SEC will finally clear XRP of being a security, which would open the door to a massive rally in the coming months.

PEPE price today hit $0.0572, as the Pepe market cap retreated to $3.02 billion. Pepe fell by over 3% today, continuing a poor run of form for meme coins this summer.

Pepe price action was muted on Friday as traders de-risked in response to disappointing employment data in the US. Pepe price fell by 3% today, continuing a poor run of form for meme coins this summer. In the last 24 hours, Pepe trading volume has fallen away by a massive 54%.

Pepe holders have lost over 14% in the last 30 days, and many Pepe holders should now look to allocate to newer coins with better potential for growth.

Rollblock is on a mission to completely turn the tables on the traditional $450 billion online gambling industry, which is set to grow at around 6% a year for the next decade. Rollblock will win a sizable chunk of this business thanks to its completely revamped business model that places blockchain technology at the heart of all casino operations.

Gamers are no longer in the dark when it comes to the status of their bets, as all transactions are verifiable once encrypted onto the Ethereum blockchain. This also means that Rollblock registrations are completely anonymous and KYC-free.

Users can connect by simply providing a crypto wallet address and making a deposit in their favorite cryptocurrencies. An incredible number of Casino table games are available, from classics like roulette and blackjack to new favorites like Zeppelin and a forthcoming sports betting feature.

The native token RBLK has massive utility on the platform, including the opportunity to grow holdings by up to 30% a year in risk-free passive income by staking the coins. Casino winnings paid in RBLK will soon be worth much more thanks to Rollblock’s deflationary tokenomics, as casino profits will be used to regularly buy up tokens from the open markets. These coins are then sent to a burner address, forever reducing the circulating supply.

Demand will only rise from here as supply dwindles on exchanges. In this way, Rollblock is programmed to explode upwards from the current $0.025 price. Investors should race to grab their bag before the coming 200x run.