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Investors Loading Up On Ethereum (ETH) ERC20 Tokens: These Hot Altcoins Are Up Over 20%

Investors Loading Up On Ethereum (ETH) ERC20 Tokens: These Hot Altcoins Are Up Over 20% WikiBit 2024-05-24 21:40

With the Ethereum ETF approval speculations triggering a rally for Ether, the Ethereum ERC20 tokens are already heading to the moon. Smart investors are already accumulating these altcoins in anticipation of the SEC approving the ETFs. Some of the top altcoins that are surging are Ethereum Name Service (ENS), Metis (METIS) and Rollblock (RBLK). While these tokens are up by over 20%, crypto experts tip them to return over 100%in June. Thus, putting them in the list of altcoins to watch out for in the coming weeks.

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With the Ethereum ETF approval speculations triggering a rally for Ether, the Ethereum ERC20 tokens are already heading to the moon. Smart investors are already accumulating these altcoins in anticipation of the SEC approving the ETFs. Some of the top altcoins that are surging are Ethereum Name Service (ENS), Metis (METIS) and Rollblock (RBLK). While these tokens are up by over 20%, crypto experts tip them to return over 100%in June. Thus, putting them in the list of altcoins to watch out for in the coming weeks.

Rollblock: The Best Altcoin to Watch in 2024

Rollblock (RBLK) is among the top altcoins that have gained traction recently. Although it is still in stage 2 of their presale, early investors have already raked up a 20% ROI. The success of the presale has seen Rollblock raise over $360,000 and experts anticipate it will reach $3M in June. Although ENS and Metis are also altcoins worth buying today, the new Rollblock GambleFi protocol has better prospects.

Meanwhile, the Rollblock ecosystem is the world‘s first backed crypto casino that allows token holders to receive a percentage of the platform’s revenue by holding the token. The revenue-sharing model allows the platform to use up to 30% of the weekly revenue to purchase the tokens from the open market. Next, 50% of the tokens bought are used for staking rewards, with the rest burned to stabilize the price.

Notably, the Rollblock casino is fully operational and licensed with the platforms security guaranteed. To ensure transparency, Rollblock ensures all transactions are permanent and immutable. Also, there is no need for KYC. All a user needs is an email to register. The native token RBLK is the currency of the platform and is used as a vehicle for distributing rewards, cashbacks etc.

In the future, Rollblock will integrate automated solutions such as AI betting tools, which players can use to make better predictions. The RBLK token is sold for just $0.012. Analysts project an 880%rally before the end of the presale and 100xwhen it is listed in CEX exchanges, making it one of the altcoins to watch out for this year.

Can the Ethereum Name Service Price hit $40 by June?

Ethereum Name Service (ENS) is an Ethereum-based crypto that aims to map human-readable names to machine-readable names. In the past few months, the Ethereum Name Service has partnered with top companies, which has increased the altcoins popularity. As per CoinMarketCap stats, the ENS price has increased by 115% in the past 12 months and 42% in the past month.

Having opened the year at $9.66, the Ethereum Name Service price rose to $26 in March. However, the preceding market correction led to a drop. Meanwhile, with the ENS key market indicators showing bullish signals, the token is on course to retest the $26 mark. As such, a potential 5x rally is possible in June, making it one of the altcoins to buy now.

Metis Price To Rise Following EasyBit Announcement

In the past week, Metis has gained a massive 29% with the price moving from $57 to over $80. At the same time, the Metis market cap has increased to over $400M. However, investors seem to be losing confidence as the Metis trading volume is dropping.

However, in the midst of these challenges, Metis is growing. EasyBit exchange has announced the token listing, with Singapore-based Alchemy Pay announcing its partnership with Metis for seamless fiat-crypto on- and off-ramp integration. With Metis price increasing by over 200% in the past year and with the increasing adoption, the token is set for massive rise soon. Having surpassed the 50-day and 200-day SMA, analysts tip the price to hit $200 in June.

Which of the Top 3 Altcoins Should You Prioritize?

The above three cryptos are good altcoins to buy for long-term profits. The major concern is your budget. For investors with a low budget, Rollblock might be the best option. While in presale, Rollblock is about to open the $450B gambling industry and make it accessible for all. Its interest in AI could drive more investors to the project, offering more potential for larger gains. Remember to DYOR before investing.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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