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XRP and Cardano surge after US crypto reserve news, while Ethereum whales bet on rising GameFi project Rollblock.
The crypto market is heating up after a major announcement about the US strategic crypto reserve. XRP and Cardano saw dramatic price movements following the news, while Ethereum whales quietly accumulated a rising GameFi utility project – Rollblock.
Rollblock’s presale has already attracted record-breaking inflows and strong investor interest in record time. Could this be the next big breakout in blockchain gaming?
Rollblock presale inflows reach new peak amid bullish sentiment
Rollblock (RBLK) is recording massive capital inflows with its web3-powered GameFi ecosystem. Rollblock hosts over 7,000 exclusive games, all of which are backed on Ethereum’s immutable blockchain. Within a few months of its presale launch, Rollblock has already attracted over 50,000 early adopters and raised over $10.8 million with strong community and whale backing.
Rollblock already witnessed over 10,000 new signups during February and analysts are anticipating an even bigger number for March.
Every game in Rollblock’s ecosystem is licensed and regulated by the Anjouan E-gaming Authority. Unlike traditional platforms that have secret backdoors for bet manipulation, Rollblock uses a fully audited smart contract to process wagers and payouts with complete encryption.
Rollblock recently integrated Google Pay, Apple Pay and Mastercard to make the signup process easier. New users can now deposit fiat currency to accumulate RBLK and start playing to win massive in-game payouts.
RBLK holders can also lock their tokens for a predefined period to secure staking rewards with up to 30% APYs. These rewards are paid through Rollblock’s revenue sharing model which includes using up to 30% of the platform’s weekly revenue to repurchase RBLK on the open market. Of these, 60% are burned forever to increase scarcity, and the remaining 40% are used to fund the staking rewards.
Currently, RBLK is selling for $0.06 during stage 10 of its presale. RBLK has already witnessed a 500% price surge during its presale, making analysts predict even bigger rallies as the limited token supply runs out.
XRP faces mixed market sentiment amid sluggish price action
XRP experienced a brief rally to $2.94 after Trump announced that the token would be a part of the newly established US strategic crypto reserve.
Despite the bullish outlook, XRP failed to break out of its ascending triangle pattern as it faced rejection near the upper trendline. This pullback suggests a potential retest of the triangle’s lower boundary at $2.50 as traders liquidated their positions after the latest breakout attempt.
Amid this mixed sentiment, analysts are anticipating an official end to the Ripple v. SEC case soon.
According to James Murphy, a crypto legal advisor, Ripple might be delaying the dismissal to negotiate a better deal. If the case is dismissed and certain aspects of the ruling get vacated forever, XRP could witness new opportunities in 2025, including a potential XRP spot-ETF.
At the time of writing, XRP is trading for $2.29 following an intraday decrease of 18%. XRP’s Momentum Indicator also shows bearish dominance, confirming the ongoing downward trend.
Cardano loses its gains as bears gain control
Cardano emerged as one of the biggest winners after Trump’s announcement, achieving its falling wedge breakout target and surging nearly 50% in a rapid rally toward $1.13.
However, the sharp rise didn’t last for long as profit-takers stepped into the market. This decline comes after Cardano’s Relative Strength Index surpassed 70 which signals overbought conditions and a likely short-term correction.
Cardano is currently selling for $0.7939 following an intraday decrease of 25%. Despite the pullback, Cardano is trading above its key Exponential Moving Averages on the ADA/USDT daily chart.
If Cardano can hold above the critical support level at $0.75, ADA bulls may gain enough momentum to attempt another rally toward the $0.90 level. However, more profit-taking could extend Cardano’s crash to the $0.70 pivot level.
Rollblock’s presale gathers momentum for next price surge
As the crypto market navigates volatility, XRP and Cardano investors brace for the next big move that will make or break the future of these tokens. Meanwhile, Rollblock is gaining attention from Ethereum whales with its rapid adoption and deflationary tokenomics.
With a presale price of just $0.06 and a 500% surge already recorded, the window to get in early is closing fast. Analysts are anticipating another price surge for RBLK within the next few days, making now the ideal time to invest and capitalize on the March Mayhem 30% referral bonus!
To learn more about Rollblock, visit the website and socials.
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