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As major altcoins like Binance Coin, ethereum, Solana, and Rollblock approach their all-time highs, investors are eager to see which one will break through first.
Major altcoins that are yet to hit new all-time highs in the coming weeks include Binance Coin, ethereum, Solana, and rolling block. It is a fact that all of these altcoins are close to their current all-time high levels and can easily surpass them. With all three trading on live markets, Rollblock is giving users the opportunity to purchase a pre-sale token that is below $1 but is poised for big gains in the coming months. Let's find out which of these altcoins will be the first to establish a new ATH.
Can Binance Coin Still Hit $700?
Binance Coin (BNB) is an altcoin that could soon reach a new peak. Data from CoinMarketCap shows that it is trading in the range of $550 to $630, while its current peak is at $690.93. It is worth saying that Binance Coin has tried on different occasions to surpass this all-time high but failed.
The altcoin is fighting against strong resistance at higher price levels and must overcome them to reach a high of $700. While this is possible, it is unclear when it will happen as the market has yet to feel the full impact of the ethereum ETF approval.
Rollblock prepares for a price increase in stage 3
rolling block (RBLK) has the potential to significantly impact the rapidly growing GambleFI market, a sector estimated to reach $744 billion by 2028, as it introduces blockchain technology to provide a user experience that prioritizes security, privacy and efficiency. Notably, the casino platform is already live, fully licensed and accessible globally, giving RBLK a significant advantage over other projects.
Another notable feature behind Robllock is its focus on user anonymity as it eliminates Know Your Customer (KYC) checks and as a result, RBLK facilitates anonymous gaming, catering to a segment of users who value a seamless experience. more private game. Up to 30% of the casino's profits are allocated to buying back RBLK on the open market. Half of them are then burned, permanently reducing supply and increasing scarcity.
The remaining half is distributed as staking rewards, incentivizing long-term investment in the ecosystem. Furthermore, the cryptocurrency is already up 20% and pre-sales have exceeded $520,000, and analysts project that the figure may reach $1 million by the end of the month.
Currently in Stage 2 of the pre-sale, RBLK is offering an entry point of $0.012 per token. This presents a compelling opportunity for future returns as there are analyst projections that the RBLK cryptocurrency may see a 100x increase in value.
ethereum Price Turns Volatile After ETF Approval
Prior to the approval of ethereum (eth) ETFs by the US SEC, analysts predicted that the price of ethereum would skyrocket to a new all-time high of $5,000. One of those analysts, Standard Chartered, even predicted that ethereum would reach $8,000 before the end of 2024.
While ethereum price rose to a weekly high of $3,968.15 after the SEC approval, it has become volatile. To surpass its current ATH of $4,892, the ethereum altcoin price must rise by 20%. This could happen once ethereum ETFs start trading, but there is no telling when it will happen.
Solana Price Forecast
Solana (SOL) is another altcoin that has shown a lot of promise this year after it almost crossed its all-time high of $260.06. While the SOL altcoin price has corrected to the $160 – $180 range, analysts remain optimistic about their Solana price prediction of $300.
They believe that Solana will gain momentum once there is a price rally in the broader crypto market. While this could happen at any time, the timeline is not certain.
Conclusion
Binance Coin, ethereum, and Solana are close to their current ATHs, but have some strong resistances ahead that have prevented them from setting new all-time highs. While Rollblock has sold over 80% of the tokens for the second stage of its pre-sale, investor demand has increased rapidly for those looking to get a share of the profits on offer.
For more information about Rollblock, visit the website and take a look at the social.
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