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Could Bitcoin Hit 100k This Year?

王林
Release: 2024-07-20 18:09:32
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Several data points suggest Bitcoin could hit $100,000 before the end of 2024. For example, the rise of Bitcoin ETFs could spur demand causing a sharp incline.

Could Bitcoin Hit 100k This Year?

Bitcoin price reached $50,000 after reaching an all-time high in Q2 experienced a steep decline. Now, as Bitcoin enters another bull run, experts believe it could rise towards $100,000. Solana, on the other hand, has followed a similar trend but recently experienced an 8.7 percent price increase after VanEck filed for an ETF with the SEC.

Besides Solana and Bitcoin, a new cryptocurrency is also on the rise brings. Rollblock (RBLK), which has risen by 70 percent in the last two months, generated more than 1.2 million dollars in revenue during this period. If growth continues, experts believe it could be one of the best-performing altcoins of 2024.

Can Bitcoin Hit $100K This Year?

Several data points suggest that Bitcoin could reach $100,000 before the end of 2024. For example, the rise of Bitcoin ETFs could increase demand, causing a sharp slope. Another data point contributing to the rise is governments like El Salvador adopting it as legal tender.

Earlier in the year Bitcoin also halved its supply which they factored into monetary policy. This reduces the amount of new Bitcoin entering the market, and historically the price of Bitcoin has more than doubled after halving.

Are Solana ETFs on the Horizon?

One of the last big trends in crypto was the SEC's approval of Etherium ETFs. This approval sparked rumors about the possibility of a Solana ETF. The first Spot Ether may begin trading on July 23. Solana may arrive shortly. VanEck has filed an ETF for Solana with the SEC, and experts believe this could push Solana to a new all-time high later this year.

Rollblock Top Trend Crypto Pre-Sale – Discover Why

Bringing the iGaming industry with blockchain technology Rollblock is a decentralized GambleFi protocol that solves many problems in the casino market. This project currently operates a working casino showcasing more than 150 games such as slots, roulette and blackjack. These will soon be accompanied by sports betting, allowing you to bet on the NBA, NFL and more.

Unlike other casinos, Rollblock prevents the house from manipulating the bets. Once a bet is placed, its final version is recorded on the blockchain, making it unchangeable. Additionally, users do not need to undergo KYC checks. Instead, they can sign up with an email or crypto wallet. This means cybercriminals cannot break into the casino to steal confidential information.

Rollblock implements a revenue sharing model to incentivize buyers. This model allocates up to 30 percent of the project's revenue to a buyback mechanism that buys RBLK back from the open market. Half of these tokens are burned to increase scarcity, while the other half is distributed to stakers.

Rollblock has reached the 4th phase of its pre-sale and reached a major milestone by raising more than $1.2 million. The price is currently set at $0.017 and experts believe that RBLK could see a massive 800 percent increase before its presale ends!

Discover the Exciting Opportunities of Rollblock (RBLK) Presale Today!

Website: https://presale. rollblock.io/ Social media: https://linktr.ee/rollblockcasino

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source:kdj.com
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