|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Crypto whale loses almost $500,000 to PEPE’s drop, would’ve made $10 million in RBLK investment
Dec 25, 2024 at 06:17 pm
Crypto whales may have mysterious identities but they are human beings like you and I. That they have huge sums of capital doesn’t mean they aren’t prone
A crypto whale has lost almost half a million dollars after making a poor investment in the meme coin, PEPE.
The whale, whose identity is a mystery, made the purchase at the height of a late-2022 rally which saw the meme coin hit an all-time high of $0.000025. At the time, they spent 4.75 wBTC and 150,000 USDC (around $1.59 million) to buy a total of 60 billion PEPE.
However, the crypto market crash which followed saw PEPE’s price plummet. In a panic, the trader sold all 60 billion PEPE tokens at a loss, ultimately losing $477,000 on the trade.
This serves as a cautionary tale against chasing quick profits, especially in the volatile world of meme coins. While PEPE’s gains were certainly flashy, getting caught up in the hype too quickly can have disastrous consequences.
Instead of chasing meme coins, investors would be better served by looking at utility tokens, such as those which power up-and-coming projects in the iGaming sphere, like Rollblock (RBLK).
If the PEPE whale had opted to put their $1.6 million into RBLK instead, they would be sitting on a massive profit of $3.2 million, thanks to the token’s 300% appreciation since launching. Furthermore, with Rollblock set to increase in value by 800% throughout the presale, their total earnings would be close to an incredible $10 million by the time the ICO concludes.
As a trailblazing presale token that is powering a cutting-edge crypto casino, Rollblock has managed to raise over $7.5 million and sell more than 10 million RBLK tokens.
This crypto casino platform is shaking up the iGaming world with its provably fair technology, which is integrated with the blockchain to ensure complete transparency and prevent the platform from ripping off its users – a common feature in the iGaming world.
But Rollblock doesn’t stop there, also offering staking rewards and being deflationary in nature, which helps retain its value and ensure its long-term success, making it ideal for both short and long-term gains.
Crypto investors don’t need to have millions of dollars to make big gains from Rollblock, as the presale is currently available for only $0.043 – an incredibly affordable price point for the average crypto investor.
Set to take over the iGaming market which is currently valued at over $500 billion, even a fraction of that potential reaching Rollblock will see its price heading for the moon, fetching early investors in this moonshot crypto humongous profits.
However, it’s important to act quickly, as the Rollblock presale is fast selling out and this window of opportunity won’t remain open forever.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.