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DOGE and XRP soar as SEC reviews ETF filings, while Rollblock’s GameFi presale gains whale support.
The crypto world is brimming with excitement due to the latest developments surrounding DOGE and XRP. As the SEC acknowledges ETF filings for these crypto tokens, investors are eagerly anticipating potential price surges. Amidst this excitement, the GameFi project Rollblock has gained significant traction, attracting the attention of whales who continue to support its presale. But is it really worth all the hype? Let’s find out.
Rollblock could launch the GameFi industry into a new era
The $540 billion iGaming industry has been proven to be very notorious for issues like fraud and lack of accountability. However, for a project that recently made its debut in the global crypto market, Rollblock is rewriting this story by addressing these problems and building trust through transparency.
Unlike traditional casinos, Rollblock operates with full transparency, breaking away from the industry’s reputation for opacity. Powered by blockchain, it gives players the ability to verify every transaction on-chain, ensuring their bets remain untouched and legitimate. Rollblock has something for everyone as its platform offers over 7,000 games, from poker and Monopoly to slots and sports betting.
Beyond gaming, Rollblock provides a revenue-sharing model where up to 30% of the platform’s weekly profits are used to repurchase RBLK tokens from the open market. Of these tokens, 40% are redistributed as staking rewards to holders, while the remaining 60% are burned to drive scarcity.
Will ETF approval lead to DOGE price surge?
The official DOGE price might go on a huge rally soon, particularly due to recent news regarding Dogecoin ETFs. On February 13, the U.S. Securities and Exchange Commission officially recognized Grayscale’s Form 19b-4 submissions for the DOGE spot ETF trusts.
A formal review of these DOGE ETF trusts will be done soon, and the agency now has a mandated 240 days to make a decision. DOGE news has revealed that the countdown for the approval of these ETFs begins once the filings enter the SEC’s federal register, which usually happens within days. With the review of these Dogecoin ETFs underway, there could be a positive boost in DOGE price charts soon.
XRP’s ETF news may cause the crypto to have green charts in coming months
DOGE isn’t the only crypto with positive news regarding its ETF development. The U.S. SEC has also officially acknowledged Grayscale’s filings for XRP ETFs and is now seeking public input on the proposals. Apart from Grayscale’s filing, other asset managers, including Bitwise, Canary Capital, 21Shares, and WisdomTree are also pushing for an XRP ETF.
Some XRP experts, such as Bloomberg analysts Eric Balchunas and James Seyffart have high hopes for the approval of this XRP ETF. They believe that there is a 65% chance for an XRP ETF approval. If this approval happens, it could lead to a significant increase in XRP’s price.
Conclusion
As DOGE and XRP ETF filings progress, Rollblock is stealing the spotlight with its ongoing presale, attracting attention from whales. Although it may not be as widely recognized as the other two major projects, Rollblock is performing remarkably well, having raised nearly $11 million in its presale. In the meantime, there’s still an opportunity to join the presale and purchase RBLK tokens for just $0.06.
And the best part? Rollblock currently has a limited-time special bonus offer on purchases. For a limited period, Rollblock tokens are available with a 10% bonus.
To learn more about Rollblock, visit the website and socials.
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