BNB Set To Hit New ATH In June? Crypto Whales Are Loading Up On Rollblock and Solana For Altcoin Season
The post BNB Set To Hit New ATH In June? Crypto Whales Are Loading Up On Rollblock and Solana For Altcoin Season appeared first on Coinpedia Fintech News
Binance Coin (BNB) has been one of the best-performing cryptocurrencies over the last year. Its value has almost doubled, with BNB temporarily passing $600 in Q2. While analysts speculate whether or not BNB will continue to rally, crypto whales are buying Rollblock and Solana as the altcoin season approaches. Experts believe that Solana and Rollblock could see significant gains towards the end of Q2, and as a result, investors are bulk buying to maximize their returns.
BNB Announces BoomFi Integration
Binance Chain recently announced a new integration with BoomFi. BoomFi is an omni-chain payment solution that lets merchants accept cryptocurrency as a payment. This is a huge opportunity for Binance Coin (BNB) and could lead to widespread adoption, with businesses using BNB as payment.
Since this announcement, BNB’s price has remained stagnant, with a 0.02% increase over the last 24 hours. Binance Coin is now trading at $580.48, and has a daily trading volume of $2 billion, up 30% in the last 24 hours.
Solana-Based Exchange Developer Gambles User Funds
Solana is once again in the spotlight due to misconduct from a Solana-based project. Hoak, a developer at Cypher, recently admitted to using $315,000 in user funds for gambling. This was taken from Cypher’s hack refund fund.
This is just one of several Solana controversies over the past two months. Last month, two CEOs of major Solana-based projects had a disagreement on social media that resulted in one of the CEOs resigning.
Despite this misuse of funds, Solana is up 3.63% over the last 24 hours. SOL is now trading at $151.77 and according to experts could reach $160 by the end of May.
Rollblock Set To Soar This Altcoin Season
Rollblock is one of the latest altcoins to make global headlines. Having already sold out during stage one of its presale, experts believe its price could soar a massive 720% during its presale alone. But that’s just one of many reasons to buy.
Rollblock is a GambleFi protocol that applies blockchain technology to the gambling market. Currently valued at $450 billion, this industry is set to increase to $750 billion over the next 4 years. However, with scams on the rise, many players are looking for a safe casino to gamble. This is where Rollblock comes in.
The Rollblock casino, which is already operational and licensed, gives users extra protection through blockchain technology. Its platform showcases over 100 games and will soon introduce sports betting options.
As well as gambling, Rollblock also lets $RBLK token holders build a passive income through its revenue share plan. The project plans to share up to 30% of its revenue with $RBLK token holders. To do this, Rollblock’s revenue will be used to buy back $RBLK from the open market. Half of the purchased tokens will be burned, and the remaining 50% will be used for staking rewards, which will offer some of the most lucrative passive income opportunities in the crypto space.
After selling out the first stage of its presale, Rollblock hit a new all-time high of $0.012. This 20% increase is just one of many expected in 2024.
Can Rollblock Outperform BNB And Solana?
Despite being a smaller project than BNB and Solana, Rollblock could offer higher returns. Over the next year, analysis predicts that $RBLK will increase at least 100x, growing in line with the casino industry, which is currently booming worldwide.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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