Tether has recently made news by minting $1 Billion in their USDT currency on the TRON blockchain with $0 spent on transaction fees. This has been hailed by the crypto community as the next bullish catalyst, coming right after the spot Ethereum ETF release. Crypto casino Rollblock has also been making waves in the space with its incredibly successful presale and according to experts, it’s set to disrupt the $450 online gambling industry.
Tether Ready To Lead The Bull Run Once Again
Whenever large quantities of Tether are minted it usually means that a new rally is behind the corner. Tether has played a pivotal role in the crypto landscape as the first stablecoin. Tether is pegged to USD on a 1-to-1 basis. At a $114 billion market cap, Tether is the third largest cryptocurrency.
The importance of Tether cannot be overstated. Many investors rely on Tether as it acts as a safe haven against volatility in the crypto market.
TRON Rides The Bull, Ready To Surpass February Peak
TRON is one of the most popular Layer 1 blockchains. Despite seeing a significant price decline after the March correction, TRON has been on an uptrend. TRON has tested the $0.14 resistance a few times now, and as volume continues to increase, it’s expected to reclaim that level soon.
TRON currently trades at $0.137 after a strong bounce from the $0.111 floor. TRON managed to recoup most of the losses it faced during the downtrend even before the Tether announcement. Analysts expect TRON to soar to new heights by the end of 2024, potentially reclaiming its 2017 all-time high.
Rollblock Primed For Takeoff As Presale Crosses $1.5 Million In Raised Funds
Rollblock’s native token RBLK has shown impressive strength during the downtrend, as its price substantially increased while the rest of the market bled.
Rollblock tackles the issues of safety and trust that have been plaguing online gambling for years. It does this by integrating blockchain technology into its framework. All transactions recorded are easily traceable and tamper-proof.
Users can begin playing immediately one of the 150+ games without having to go through KYC verification. All that players need to do is to connect their wallet or sign up via email.
The RBLK token powers the casino’s DeFi functionalities and its revenue-sharing mechanism. The casino will spend up to 30% of the weekly revenue to buy RBLK tokens. 50% of the tokens will be distributed to holders who stake the token. The other 50% will be burned, creating a supply shock that will prime RBLK for explosive rallies in the upcoming months.
Analysts predict a potential 100x price increase as the crypto cycle progresses. The RBLK presale is currently at stage 4, and an 800% increase is expected by the end of the final stage. Right now, the price of RBLK is $0.0172, which is likely the lowest it will ever be!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Rollblock Continues To Gather Momentum With Price Set To Surge Again, Tether (USDT) Issue A $1B Mint on TRON appeared first on ETHNews.
