It’s no secret that Ethereum founder Vitalik Buterin is not fond of the SEC. He has regularly critiqued the methods of US regulatory bodies, criticizing them for slowing market development. As widespread adoption of cryptocurrencies started to expand, it was expected that authorities would step in and begin disrupting the landscape. While in some cases an intervention was warranted, for example when the FTX collapse took place, other measures waiting to be implemented are leaving investors and developers puzzled.
Investors and crypto enthusiasts have been taking measures to frontrun the unpredictable impact of such a course of action, steadily building positions in projects that have shown relative stability during market downturns, namely Shiba Inu, Pepe and Rollblock.
Vitalik’s Concerns Grow As It Appears That Regulators Simply Don’t Understand Crypto
Vitalik Buterin has expressed his apprehension regarding the intentions of regulators, stating there are significant preconceptions that are distorting lawmakers’ understanding of crypto altogether. Recently Vitalik spoke about the government’s stance of classifying utility tokens as securities, a position he deems not only unnecessary but also illogical. According to Vitalik, new policies are increasing the scrutiny of well-established, already functioning projects like Ethereum and Solana, which could stunt further development.
In an interview Vitalik mentioned the term “anarcho-tyranny,” frustrated at the environment of regulatory ambiguity that is progressively enveloping the crypto world. Another side effect of these regulatory efforts is the injection of a substantial dose of uncertainty in the crypto market, which, according to Vitalik, can result in spikes of volatility and sudden corrections.
Pepe’s Run From Meme To Store Of Value
The recent downturn in the crypto market has seen prices drop across the board. However, major Meme coins such as Pepe have shown unexpected signs of strength in holding a relatively stable floor, which is surprising given their highly volatile nature.
Pepe has proven its resilience over the last month, with the $0.00001 price mark being tested a few times. These bearish dips have always been short lived and a strong Pepe rebound always followed. This has created a sense of confidence among Pepe holders, and some experts believe that Pepe could be a hedge against potential market turbulence. That said, due to its meme coin nature, Pepe could still see huge price changes in a short timeframe.
Shiba Inu Faces Fierce Price Instability
Like Pepe, Shiba Inu is also trying to become more than just another meme coin. The project has significantly invested in its ecosystem over the past year, introducing Shibarium and a dedicated Shiba Inu magazine. However, Shiba Inu continued to see significant market fluctuations. Over the last month, over 900 million Shiba Inu tokens were burned, triggering several price increases. Nonetheless, Shiba Inu’s price has still fallen by 32%. Shiba Inu is now trading at $0.0000168, and its price has fallen by 4% over the last week.
Rollblock: A Solution To Decentralized Casinos
Rollblock is an innovative new casino that looks to revolutionize the gambling market. Powered by the Ethereum blockchain, this highly lucrative project looks to close the gap between DeFi and TradFi gaming, offering a dynamic casino experience in the process.
The project has already attracted thousands of players to its casino. The casino itself utilizes blockchain technology to provide secure immutable transactions. All bets are recorded on the blockchain, ensuring they can’t be changed once placed. This transparency has been a big hit, and experts believe that Rollblock could take a big share in the $450 billion casino market.
Getting started on the platform is easy. Players can sign up with their crypto wallet or email, without needing to pass KYC requirements. Once in, players will have access to over 150 casino games including classics like blackjack, as well as games exclusive to the Rollblock platform.
Rollblock is continuously developing its ecosystem, and will soon add sports betting to its portfolio. Within this ecosystem players will earn $RBLK rewards, which can be staked for a massive APY. Furthermore, by holding tokens investors can take part in Rollblock’s revenue share model. The project will allocate up to 30% of its revenue to this feature, using revenue to buy back $RBLK from the open market. Half of the tokens it buys will be burned, making $RBLK deflationary, and the remaining half will be allocated to rewards.
Investors looking to get involved in this highly lucrative project can buy $RBLK for just $0.015 during stage 3 of its presale. Tokens are already selling fast, and $RBLK has increased in value by 50%. According to analysts, a 100x surge is very plausible in 2024, making Rollblock one of the market’s highest potential projects!Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
