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Ethereum gas fees drop due to supply inflation; ETH holders hedge with Pepe Coin (PEPE) and Rollblock (RBLK) – Times Tabloid


Ethereum gas fees drop due to supply inflation; ETH holders hedge with Pepe Coin (PEPE) and Rollblock (RBLK) – Times Tabloid

The drop in Ethereum gas fees might provide some relief to users, but validators might be ready to shift their network support elsewhere. Amid this mixed market sentiment, Pepe holders are desperately looking at their wallets, while Rollblock investors are already making gains of up to 105%!

Ethereum (ETH) price crashes after massive drop in gas fees

Earlier this week, gas fees on the Ethereum network dropped to just one Gwei, or $0.007. This dramatic drop is not due to technological advancements, but rather a massive drop in network usage. As a result, Ethereum’s price has fallen to $2,550.75 after a massive intraday drop of 4.08%.

According to the ETH/USD chart, Ethereum is currently trading below its 50-day and 200-day SMA. For Ethereum bulls to spark a recovery, they need to push the price above the crucial resistance at $3,592. However, if the bears gain the upper hand, Ethereum price could reach the support at $2,840.

Pepe (PEPE) price falls by over 6% in 24 hours

Pepe’s price has seen massive drops recently, totaling 38.98% over the past month. At press time, Pepe was trading at $0.000007509, having dropped 6.35% in a day. With Pepe’s 24-hour trading volume down 10.9% and its market cap dropping to $3.16 billion, analysts are giving up hope for a recovery anytime soon.

The only glimmer of hope for Pepe investors is the RSI and Awesome Oscillator, which are still in the neutral zone. However, since Pepe recently fell below its crucial support, analysts expect steeper declines to as low as $0.0000051101 in the coming weeks.

Rollblock (RBLK) on the way to 100x

While Ethereum and Pepe are facing huge price fluctuations, investors are getting out and investing in Rollblock (RBLK). Rollblock’s ingenious combination of centralized and decentralized gambling is already making traditional online casinos run for their money. Given this cutting-edge casino framework, market experts predict that Rollblock will see massive gains of 100x by 2025.

Rollblock aims to bring trust and transparency back to the online casino model. With a no-KYC policy and every transaction encrypted on the Ethereum blockchain, all bets are immutable and cannot be changed once placed.

New players can sign up at Rollblock Casino by providing their crypto wallet or email address. Once signed up, they can deposit any of over 20 accepted cryptocurrencies and enjoy over 150 immersive casino games. Rollblock currently offers casino favorites like blackjack, roulette, poker, and slots, but the platform also plans to introduce a betting feature in the coming months. This new feature will allow players to place bets on the top sports leagues worldwide.

Fully audited and regulated by Solid Proof and Gaming Curacao, Rollblock’s crypto casino is already generating revenue with nearly 9,000 active users. Aside from being able to play games to win more $RBLK tokens, investors can also stake RBLK to earn a significant passive income. Every week, Rollblock reinvests 30% of casino revenue into free market buybacks of RBLK, which are distributed as staking rewards or burned to make $RBLK deflationary.

This week, Rollblock launched Phase 5 of its presale with a selling price of $0.0205. Given Rollblock’s explosive success and rapidly increasing demand, analysts are predicting another significant price increase by the end of next week.

Discover the exciting possibilities of the Rollblock (RBLK) presale today!

Website: https://rollblockpresale.io/

Social networks: 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 legal, tax, investment or financial advice.

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