According to crypto analyst Daniel Bernstein, the approval of Ethereum’s ETF could lead to a substantial increase in its value, potentially reaching $6,600. In the past 24 hours, eight ETF applications have been approved, fueling this bold prediction.
Since the approval, several cryptocurrencies, including Ethereum, Arbitrum, and Rollblock, have experienced significant surges in their trading volume. This surge has attracted many new investors, leading experts to believe that price rallies will soon follow.
Following the approval of eight Ethereum ETFs, Ethereum’s trading volume has doubled. This impressive 100% increase has propelled Ethereum’s daily trading volume to $47.4 billion, making it the second most traded cryptocurrency worldwide.
However, Ethereum’s price has not mirrored this bullish trend. In the last 24 hours, Ethereum’s price has dropped by 4.15%, settling at $3,657. Nonetheless, experts maintain a positive outlook on Ethereum’s future growth.
Daniel Bernstein anticipates that Ethereum could reach $6,600 within a few weeks, marking a nearly $2,000 increase from its previous all-time high of $4,891.
Arbitrum, too, has witnessed a significant surge in its daily trading volume since the approval of Ethereum’s ETF. In the past 24 hours, Arbitrum’s volume has surged by 120% to $1.6 billion. Despite not being among the top 20 cryptocurrencies by market capitalization, Arbitrum currently ranks 12th in terms of trading volume.
Similarly to Ethereum, Arbitrum’s price has also experienced a decline. In the last 24 hours, the value of Arbitrum has fallen by 3.3% to $1.14. However, the bullish trading activity suggests that investors remain confident in Arbitrum’s potential for a rally.
Bernstein’s optimistic prediction is good news for Rollblock. Such high returns would generate a buying frenzy in the market. Rollblock has already gained significant momentum, with its value increasing by 20% after a successful presale.
Rollblock distinguishes itself as one of the world’s first decentralized finance (DeFi) casinos that offers revenue sharing. The platform’s fully licensed casino offers over 150 different game modes and will soon introduce sports betting. Moreover, it is compatible with more than 20 cryptocurrencies, making it easily accessible to players.
In addition to enjoying various table favorites, players can also generate a passive income through Rollblock’s revenue share initiative. The platform will distribute up to 30% of its daily revenue to investors holding $RBLK tokens. To facilitate this, Rollblock will use its revenue to purchase $RBLK tokens from the open market, splitting them into two halves. One half will be used for rewards, while the other half will be burned, resulting in a deflationary effect that drives up the price of $RBLK over time.
While Rollblock has already seen a 20% increase in value, experts believe that this is just the beginning of its growth. Many predict that $RBLK tokens will experience a massive surge of 720% during its presale, offering substantial returns for early investors.
Given the impending launch of Ethereum ETFs, Rollblock is in a favorable position to capitalize on market growth. Consequently, its presale may sell out faster than anticipated, urging investors to seize this significant opportunity promptly.
To explore the exciting opportunities of Rollblock’s presale, visit their website at https://presale.rollblock.io/. You can also find Rollblock on various social media platforms through this link: https://linktr.ee/rollblockcasino.