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Cryptocurrency News Articles
Whales Dump Dogecoin and Cardano, Flock to Rollblock (RBLK) Presale With 100x Return Estimates
Nov 24, 2024 at 04:30 pm
Crypto whales are repositioning now that the initial phase of this bull cycle is closing. Former top altcoins like Dogecoin (DOGE) and Cardano (ADA) are being sold in favor of new names like crypto casino Rollblock (RBLK) which are set for parabolic price rallies.
As the initial bull cycle phase closes, crypto whales are repositioning. Former top altcoins like Dogecoin (DOGE) and Cardano (ADA) are being sold in favor of new names like crypto casino Rollblock (RBLK) which are set for parabolic price rallies.
Fresh off Trump’s election victory, which sent Dogecoin price soaring higher, this month’s rally is finally slowing down. Dogecoin is now up more than 200% since Trump’s November 4th win.
While Dogecoin was the obvious meme coin to choose to celebrate Trump’s victory, the excitement is beginning to wear off. Like all meme coins, the Dogecoin price is vulnerable to quick reversals once the initial hype fades.
It is little surprise, then, that whales are cashing in their Dogecoin gains at the peak with few potential catalysts for a further rally in sight.
Whales Exit at Peak as Cardano Governance Looks Overbought
While the Cardano price is far from stalling, many whales think that this is as far as it can go with its current governance focus. Cardano is up another 23% today alone on its most recent upgrade announcement, which seems like an ideal exit point for a token that is becoming dangerously overbought.
While expectations were initially high for the Cardano price as a result of the Chang upgrades, a more than 200% rally on governance upgrades is looking overbought to many whales. Cardano still has serious issues to address in terms of scalability. Moreover, the pipeline from governance to revenue for Cardano remains murky at best.
Bonus Token Event Supercharges Rollblock Returns
Rollblock’s crypto presale was already a popular destination for whales dumping their former top altcoins like Dogecoin and Cardano. Now, this 50% token bonus event is supercharging the returns from Rollblock’s already staggering growth estimates.
Whales are excited over Rollblock’s radical take on the stale online gambling model. For decades online gambling has been riddled with red tape, hidden fees and boring interfaces.
Rollblock has used a combination of blockchain technology and the latest in UX design to completely transform the online gambling experience. Rollblock hosts over 7,000 of the industry’s best provably fair games on a next-generation interface.
Rollblock plans to turn the enormous revenue potential of the $500 billion gambling industry into value through a system of weekly buybacks.
These buybacks are powered by a maximum 30% share of the casino’s own revenue. Some of these buybacks are then used to create an income stream through staking rewards, while the rest are burned to drive price growth.
RBLK tokens can currently be purchased for the low price of $0.036 in the presale’s eighth stage. Token holders are expected to see a massive 100x return in 2025 with the addition of sports betting expected to see token price soar early in the year.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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