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Reading: Approval of Ethereum ETFs seems imminent as ETH price surges past $3500; Investors are accumulating Avalanche (AVAX) and Rollblock (RBLK) in anticipation of altseason.
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Gulf Press > Uncategorized > Approval of Ethereum ETFs seems imminent as ETH price surges past $3500; Investors are accumulating Avalanche (AVAX) and Rollblock (RBLK) in anticipation of altseason.
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Approval of Ethereum ETFs seems imminent as ETH price surges past $3500; Investors are accumulating Avalanche (AVAX) and Rollblock (RBLK) in anticipation of altseason.

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Last updated: 2024/05/23 at 3:13 PM
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The Ethereum ETFs filing process has seen significant progress, increasing the likelihood of approval by the U.S. Securities and Exchange Commission (SEC). With exchanges being asked to update 19b-4 filings on an accelerated basis, the Ethereum price has surged above $3,500. This positive development could lead to further price increases and make Ethereum one of the top altcoins to invest in. On-chart metrics show a YTD climb of 101%, with a bullish sentiment for the future, predicting a price of $4,467 by the end of 2024.

Avalanche (AVAX) has also gained appeal among traders, with the crypto experiencing a 176% YTD increase. The launch of Gamestarter on GameChain, a secure platform powered by the Avalanche ecosystem, has further boosted Avalanche’s price potential. Based on price predictions, AVAX could reach $53.27 by Q4 of 2024, positioning it as one of the best altcoins to consider for investment.

Rollblock (RBLK) is a GambleFi project that has garnered significant attention, with a 20% growth in its presale and over $300,000 raised. Analysts project that RBLK could surpass $1 before the end of May 2024. The project aims to revolutionize the online gambling industry by offering a fully licensed casino platform that leverages blockchain technology for transparency and security. With innovative features such as no KYC checks, incentivized staking rewards, and token burning, Rollblock presents a unique investment opportunity. Currently trading at $0.012 during its presale, RBLK is expected to reach $0.5 once listed on Tier-1 centralized exchanges in Q3 of 2024, making it an attractive altcoin to invest in for potential high returns.

The surge in interest in Avalanche and Rollblock reflects the growing demand for altcoins with high-growth potential. Avalanche’s partnership with Gamestarter and Rollblock’s unique approach to the online gambling sector have attracted investors looking for diversification opportunities in the altcoin market. With innovative features, strong performance in presale events, and promising future prospects on major exchanges, both AVAX and RBLK are positioned as top altcoin choices for investors seeking high returns.

To explore the opportunities presented by the Rollblock (RBLK) presale, visit their website at https://presale.rollblock.io/ and follow their social media channels at https://linktr.ee/rollblockcasino. Don’t miss out on the chance to invest in a disruptive GambleFi project with soaring potential and exciting growth prospects in the altcoin market.

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News Room May 23, 2024
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