Recent on-chain metrics have revealed that over $70 billion USDT have been traded, following Bitcoin’s crash to $53,000 subsequently casting a bearish shadow across the broader crypto market. While investors are seeking stability in this stablecoin, they’re also looking out for resilient altcoins with potential for explosive growth.
Rollblock has grabbed their attention, emerging as the fastest-growing crypto with its impressive presale performance and solid value propositions. Keep reading to explore the market positioning of these cryptocurrencies!
Tether Offers Stability Amid Bitcoin’s Crash
On March 4, Tether hit a historic $100 billion milestone in market capitalization, cementing its position as the largest stablecoin and highlighting its importance to the crypto industry. Over the past month, it has minted $1 billion worth of USDT, indicating a surging demand.
This demand was exacerbated on July 5, following Bitcoin’s sharp price decline to $53,000, leading to over $10 billion traded in USDT. Notably, data from IntoTheBlock revealed that over the past two weeks, large transactions in USDT have hit $70,000 billion and climbing.
This surge in demand volume has been majorly tied to Bitcoin’s recent market performance, which has been largely volatile and bearish. Consequently, investors are increasingly turning towards USDT for stability while investing in altcoins like Rollblock to mitigate losses.
Bitcoin Hits Rock Bottom, Sparks Billions In Liquidations
Bitcoin’s woes began on June 4, when top market experts identified a shift in its overall market sentiment. Specifically, it had witnessed a sharp price decline to a seven-week low, pushing its Fear and Greed Index by 21 points into the “Fear” zone– its lowest score in 18 months.
This shift in sentiment gave Bitcoin a terrible start to July as the coin has only registered red days, with a 7.11% drop that pushed it close to its February lows on July 5. Notably, a whale had sold off 3,500 BTC on the Binance exchange on July 4, sparking over $310 million in liquidations.
These liquidations have since doubled, as top crypto experts predict that Bitcoin may still hit $50,000 in the coming days. This bear pressure has been largely tied to FUD over news that approximately $9 billion worth of BTC will be liquidated by the crypto exchange Mt. Gox for payments to its creditors.
Rollblock’s Presale Offers Pathway To Loss Recovery
Though USDT may offer stability from Bitcoin’s wild price swings, savvy crypto investors are known for seeking projects with the potential for substantial growth. Amid the ongoing turmoil in the cryptocurrency market, Rollblock has emerged as a pathway to loss recovery and new opportunities for explosive gains.
Despite being a new crypto, Rollblock has gained significant market dominance, given its innovative solutions to the diverse issues that have long plagued the traditional and digital gambling industry. One such solution is its ingenious use of blockchain technology to enhance transparency and trust within the gaming industry.
As a result, Rollblock has strategically positioned itself to attract investors from diverse demographics, including the elite and political class. What’s more, its lack of KYC requirements and commitment to security helps these investors retain their anonymity and privacy.
Its ongoing presale is currently at stage 3, with RBLK tokens trading for a ground price of $0.015. Hodlers of this new crypto get automatic access to Rollblock’s online casino and could earn over 800% ROIs upon the public launch.
In summary, investors seeking stability from Bitcoin’s volatility in USDT are aware of the potential returns on Rollblock, hence their increasing migration into its presale. It is just not the fastest-growing crypto; it is the bridge between traditional and modern gambling, prioritizing regulatory adherence to provide investors with unparalleled gains!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
