MicroStrategy CEO Michael Saylor recently criticized ethereum (eth), Cardano (ADA), and Ripple (XRP), calling them securities. This sparked a lot of conversation among merchants, who are now looking for more secure options like Rollblock (RBLK). Analysts hint that this Stage 1 pre-sale star could be the next $0.5 token in 2024 and one of the best cryptocurrencies to buy.
Michael Saylor: ethereum ETF will never come
One of the leading cryptocurrencies, ethereum (eth), has been making headlines recently. The CEO of MicroStrategy, twitter.com/saylor/status/1786128074138140956″ rel=”nofollow”>Michael Saylor, predicted that the US SEC will dismiss applications for listing and trading of Ether spot ETFs. Saylor said he expects this decision because the US CFTC will not be able to oversee ethereum as a commodity but as a crypto asset security.
This ethereum news may trigger a bearish run for this crypto. However, ethereum's crypto value increased 60% in the last year alone, while its market capitalization skyrocketed to $369 billion. Furthermore, 11 technical indicators show buy signals for ethereum. Therefore, market analysts predict that ethereum will reach a value of $4,137 before the end of the second quarter of 2024.
Charles Hoskinson Responds to Michael Saylor's Comments on Cardano (ADA)
In that same speech, Michael Saylor stated that many other major cryptocurrencies, such as Cardano (ADA), will also be treated as cryptoasset securities. However, Cardano co-founder, twitter.com/IOHK_Charles/status/1786406209756737741″ rel=”nofollow”>Charles Hoskinson, responded to this claim. He claims that Michael Saylor is a bitcoin maximalist who constantly criticizes everything other than bitcoin.
As far as the value of the Cardano coin is concerned, it saw a growth of 18% in the last 12 months, while its market capitalization remained at $16 billion. Not only that, Cardano is now trading above its 200 day EMA. As a result of all this bullish news about Cardano, experts believe that it is still a good cryptocurrency to buy. They foresee an increase to $0.57 in the second quarter of 2024.
Pro-Ripple (XRP) Lawyer Bill Morgan Responds to Michael Saylor
Michael Saylor also stated that the Ripple (XRP) crypto will be considered a security. XRP lawyer twitter.com/Belisarius2020/status/1786513691250405401″ rel=”nofollow”>Bill Morgan has criticized Michael Saylor's understanding of the cryptocurrency market in response to Saylor's comments on altcoins. Differentiating between Ripple and XRP, Morgan noted that a court has already ruled that XRP is not a security.
This Ripple news may spark a bullish rally for this crypto. In terms of the movement of the Ripple coin value, it is up 17% on the year-to-date chart. Additionally, there are now 15 technical indicators in green for Ripple. Therefore, market analysts predict that Ripple will reach a value of $0.62 before the end of the second quarter of 2024.
Rollblock (RBLK): among the best cryptocurrencies to invest
Michael Saylor's comments have also prompted traders to talk about rolling block (RBLK) as a safer option in this volatile crypto market. Rollblock is a community-driven GambleFi protocol that combines decentralization with centralization in online gambling. Therefore, Rollblock has enormous potential to become a dominant force in this $450 billion market.
Although this market is flourishing, it also has many problems, such as high barriers to entry and intrusive registration KYC checks. Rollblock eliminates these problems by requiring no additional downloads or installations. Users can now simply register using an email address and start playing casino games in complete anonymity as no KYC checks are needed.
The RBLK utility token will be the backbone of this innovative platform. Holding this token entitles you to a share of the daily profits generated by Rollblock. Additionally, staking this token will give you additional passive income and immediate rewards, which can be used in the casino or saved.
Currently, one RBLK costs only $0.01 as it is in Stage 1 of its pre-sale. However, demand is high as over 9 million tokens have already been sold. This is because as the pre-sale progresses, so will its value. The RBLK price is expected to increase by 1200% in pre-sale alone. Prominent market analysts predict a potential rise to $0.5 once a Tier 1 CEX lists RBLK in Q3 2024, making it the best cryptocurrency investment.
Will Rollblock leave ethereum, Cardano and Ripple in the dust?
Rollblock has a small market capitalization of $10 million, but has a high probability of earning a much higher percentage return than ethereum, Cardano, and Ripple. For its price to skyrocket, it needs less new funds than these competitors. With this advantage, RBLK can become one of the best cryptocurrencies to buy.
Discover exciting Rollblock (RBLK) pre-sale opportunities today!
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Disclaimer: The article is provided for educational purposes only. It does not represent NewsBTC's views on whether to buy, sell or hold investments, and investing naturally carries risks. It is recommended that you conduct your own research before making any investment decisions. Use the information provided on this website at your own risk.
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