Analysis of Shiba Inu and Binance Coin in 2024
Shiba Inu (SHIB) and Binance Coin (BNB) were standout performers during the previous bullish cycle reaching its peak in 2021. However, the outlook for substantial gains for SHIB or BNB in 2024 appears bleak. Recent news regarding significant price declines for both BNB and Shiba Inu in recent days is likely to deter holders of these assets.
Despite the negative news surrounding BNB and Shiba Inu, there are alternative lucrative opportunities to capitalize on for substantial profits. One such opportunity lies within the $107 billion iGaming/sports betting sector. Rollblock ($RBLK) is merging the best features of iGaming and sports betting onto the Ethereum network. The upcoming launch of the GambleFi protocol's ICO has been identified as a potential game-changer. Discover why investors are showing strong interest in Rollblock this season.
Shiba Inu Struggles
The latest reports on Shiba Inu indicate a challenging start to July with a 14% decline in value over the past week, bringing SHIB prices down to $0.00001299. The market correction has left Shiba Inu holders concerned about the possibility of further price decreases. Despite the anticipation of a correction, the recent dip in prices does not bode well for SHIB holders, who are witnessing diminishing interest in the once-popular meme coin.
Legal Victory for BNB
In contrast, Binance Coin surged to new all-time highs of $720 last month, marking a remarkable recovery from historic lows in late 2023. Binance faced regulatory scrutiny in the US and a legal battle with the SEC but received a favorable ruling from a US federal court stating that cryptocurrencies and secondary BNB sales do not qualify as securities. Although BNB prices have experienced a 28% drop in the last 30 days, the clarity in regulatory matters is a positive development for BNB and the crypto market.
Rollblock's Momentum
For those seeking substantial gains in 2024, Rollblock's presale presents an attractive opportunity. The ongoing ICO has garnered significant attention, with over 4,000 new registrants and the sale of 110+ million $RBLK tokens. Rollblock aims to become a leading iGaming and sports betting platform on Ethereum, offering features like staking, yield farming, and revenue sharing to $RBLK holders. Investors can benefit from a weekly share of Rollblock's revenues and a deflationary tokenomics model that enhances token value.
At the current price of $0.015 per token, Rollblock offers an entry point for investors looking to capitalize on potential gains akin to those seen with SHIB and BNB in 2021. Act now, as $RBLK token prices are set to rise in successive stages.
