DeFi
Here are 2 other DeFi Stars investors who should hold
Uniswap has seen a significant rally following Bitcoin’s recent rise. However, its growth was halted following a Wells notice from the SEC. As Uniswap’s future looks uncertain, investors are buying two other DeFi stars that are expected to soar. These are Arbitrum and Rollblock. Arbitrum is gaining significant momentum in the altcoin space, while Rollblock continues to soar during its presale. Here’s why they could offer nice returns this summer.
Uniswap fights SEC lawsuits
Uniswap recently received a Wells Notice from the SEC stating that the SEC believes it violated the law. Uniswap is accused of being an unregistered stock exchange and hosting unregistered stock brokers.
Uniswap Labs responded to this accusation by stating that the Uniswap protocol does not meet the definition of an exchange and, therefore, is not subject to SEC regulation. Uniswap claims that although it invented the protocol, the platform has become a “passive” technology that investors use to trade cryptocurrencies.
Uniswap also accused the SEC of using “aggressive theories” to expand the regulator’s reach, further criticizing the SEC for failing to embrace open source technology to improve outdated trading and financial systems.
Despite these criticisms, Uniswap price increased by 1.91% and UNI is now trading at $9.48.
Arbitrum breaks out of trendline resistance
Arbitrum (ARB) recently soared 25% in just 24 hours. This took Arbitrum as high as $1.22 before facing resistance and falling to $1.17.
An article by analyst Coin Mastermind highlighted that Arbitrum has now broken through trendline resistance and could see further increases over the next month.
After its rebound, Arbitrum’s daily trading volume increased to over $1 billion, although activity has since declined to $951.73 million at the time of writing. Nevertheless, some experts believe that Arbitrum could reach a new all-time high this summer if its bullish activity continues.
Rollblock becomes an essential crypto
As the cryptocurrency market enters another bull run, crypto experts have their eyes on Rollblock. This innovative new cryptocurrency introduces a DeFi casino, which is expected to make waves in the billion-dollar online gaming industry. Its GambleFi casino, already licensed and operational, seeks to solve common problems in the gaming industry by overhauling traditional and outdated processes.
Rollblock Casino features over 150 different games, including classics like slots, blackjack and poker. Users can deposit over 20 cryptocurrencies to play, and sports betting will also be added to the platform in the coming months.
In addition to replacing outdated gaming systems, Rollblock also offers some of the best passive income opportunities in crypto for $RBLK token holders. Rollblock will share up to 30% of its weekly revenue with holders by purchasing $RBLK tokens on the open market.
Half of the purchased tokens will be used for staking rewards and the remaining 50% will be burned permanently. This will increase the scarcity of $RBLK, driving up the price of tokens over time.
Investors who wish to participate in Rollblock can purchase $RBLK tokens during stage 2 of the presale. The tokens are currently selling at $0.012, but the price will increase to $0.014 during Stage 3 and RBLK is expected to rebound above $0.012. 720% until the end of the presale.
Rollblock: a great opportunity for investors
Having already attracted a global audience, Rollblock is poised to become one of the most popular altcoins in the world. Its myriad features and fantastic opportunities make it a great option for investors, who can purchase thousands of tokens without the need for a huge budget.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!