29 C
Guangzhou
Saturday, September 21, 2024
AltcoinsBernstein Predicts Ethereum to Reach $6,600 Following ETF Authorization: Discover 2 Essential...

Bernstein Predicts Ethereum to Reach $6,600 Following ETF Authorization: Discover 2 Essential Cryptocurrencies for the Altseason.

- Advertisement -spot_imgspot_img
- Advertisement -spot_imgspot_img

Ethereum’s price could soar to $6,600 following the approval of its ETF, according to renowned crypto expert Daniel Bernstein. The recent approval of eight ETF applications within the past 24 hours has led to a surge in trading volume for several cryptocurrencies, with Ethereum, Arbitrum, and Rollblock emerging as the top gainers. This increase in trading volume has propelled Ethereum to become the second most traded cryptocurrency globally, with a daily trading volume of $47.4 billion.
Despite this substantial surge in trading volume, Ethereum’s price has not experienced the same bullish trend. In the past day, Ethereum’s price has dropped by 4.15% to $3,657. However, experts remain optimistic about Ethereum’s future growth. Bernstein predicts that Ethereum could reach $6,600 in just a few weeks, surpassing its previous all-time high of $4,891 by nearly $2,000.
Arbitrum has also witnessed a significant increase in its daily trading volume, rising by 120% to $1.6 billion since Ethereum’s ETF approval. Despite not being among the top 20 cryptocurrencies by market capitalization, Arbitrum has become the 12th most traded cryptocurrency globally. However, similar to Ethereum, Arbitrum’s price has experienced a decline, falling by 3.3% to $1.14 in the past 24 hours. Nevertheless, bullish trading activity suggests that investors have faith in Arbitrum’s future rally.
Rollblock stands to benefit from Bernstein’s optimistic prediction, as it would ignite a buying frenzy throughout the market. This would be advantageous for Rollblock, which has already seen a 20% increase in value during the initial stage of its presale. Rollblock distinguishes itself as one of the world’s first DeFi casinos that offers revenue sharing. With over 150 game modes and full licensing, the platform aims to introduce sports betting soon. Additionally, players can easily participate using more than 20 different cryptocurrencies, while also earning a passive income through Rollblock’s revenue sharing initiative. The platform plans to distribute up to 30% of its daily revenue to investors holding $RBLK tokens.
To achieve this, Rollblock will use its revenue to purchase $RBLK tokens from the open market, subsequently splitting them into two halves. One half will be utilized for rewards, while the other half will be burned, effectively reducing the token supply and potentially driving up its price over time. Experts believe that Rollblock’s value will continue to rise beyond the initial 20% increase, with predictions indicating a staggering 720% surge during its presale, offering substantial returns for early investors.
Considering the imminent arrival of Ethereum ETFs, Rollblock is well-positioned to capitalize on the market’s growth, potentially resulting in a faster-than-expected sell-out of its presale. As a result, investors are advised to act swiftly to seize this significant opportunity.
Don’t miss out on the exciting opportunities presented by the Rollblock (RBLK) presale! Visit their website at https://presale.rollblock.io/ and explore their socials at https://linktr.ee/rollblockcasino.

- Advertisement -spot_imgspot_img
Latest news
- Advertisement -spot_img
Related news
- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here