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"Crypto Sell-Off: Solana & XRP Tumble Despite Trump's Bullish News; Rollblock's Rocketing Presale Ignites Market"

Coin WorldWednesday, Mar 5, 2025 10:23 am ET
1min read

The cryptocurrency market has witnessed a significant sell-off, with Solana (SOL) and XRP (XRP) being among the hardest hit, despite former President Trump's recent bullish news on crypto reserves. Investors had anticipated a rally, but prices have instead plummeted. Meanwhile, Rollblock (RBLK), a Web3 gaming disruptor, continues to forge ahead with its mission to the moon, unfazed by the market downturn.

Rollblock's presale has garnered significant attention, with over $10.8 million invested by eager investors snapping up discounted tokens. The platform offers a wide range of classic and exclusive games, including poker, blackjack, Cash compass, and a sports prediction league. With fiat deposits now enabled via popular payment methods like Apple Pay, Google Pay, Visa, and Mastercard, on-ramping has become more accessible than ever.

Rollblock's deflationary revenue-sharing model sets it apart from competitors. The platform reinvests 30% of its revenue into buying rblk from the open market, with 60% of these buybacks immediately burned to reduce the supply. The remaining 40% funds staking rewards of up to 30% APY for loyal holders. These tokens are unlikely to be sold, further enhancing the platform's value.

Stage 10 tokens are selling fast, with over 40% already gone at just $0.06. With major exchange listings on the horizon, prices are expected to rise soon. Investors can also refer a friend in March to receive a 30% RBLK bonus, plus a 20% bonus on all purchases this month.

Despite the market sell-off, Solana (SOL) has risen by 9.25% to $149 today, following Trump's announcement that it will feature in his crypto reserve. Traders are eyeing longs in the DEMAND ZONE between $150 and $160, with significant upside potential if Solana reaches this level. Solana's unmatched speed and efficiency have made it a dominant player in this cycle, and it could hit $500 in 2025 as bullish momentum returns.

XRP (XRP) has also shown signs of recovery, up by 5.13% in the last 24

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.