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Ethereum and Cardano whales are officially losing confidence as neither of these tokens has recorded significant price action in the last 30 days. On the flip side, Rollblock’s revolutionary GambleFi protocol is still on a bullish trend as it gets closer to the official launch day in Q4.
Ethereum Whale Dumps $12M Worth of ETH Tokens
Ethereum’s gas fee increased to 78 Gwei today which typically reflects a significant rise in transactions on Ethereum’s network. However, a significant Ethereum whale that held ETH ever since its ICO in 2017 has recently liquidated more than 45,000 tokens. This massive sell-off resulted in a steep decline in Ethereum’s price and also turned Ethereum’s community sentiment 67% bearish.
Ethereum is currently trading for $2,447.54 after an intraday increase of 2.97%. Meanwhile, Ethereum’s volume has decreased by 13.77% over the last 24 hours which means investors are losing interest in Ethereum for now. Since Ethereum’s price chart is flashing strong sell signals today, analysts believe Ethereum could experience a steep decline down to the $2,257.72 support soon.
Cardano (ADA) Whales are Stepping Back
Cardano experienced a significant decline in whale activity over the past 30 days. Since Cardano’s large holder’s netflow has decreased by 100% already, large Cardano holders seem to be rapidly booking profits. Since this massive decline is typically interpreted as a bearish signal, even retail investors are now losing confidence in Cardano’s future.
Cardano is currently trading for $0.3525 after an intraday increase of 4.21%. Since Cardano’s volume has decreased by 9.08% over the last 24 hours, Cardano holders seem to be jumping ship to better-performing DeFi gems. Amidst this profit-taking sentiment, Cardano’s price is expected to decline to the $0.313 support soon.
Can Rollblock (RBLK) Surpass Top 10 Cryptos in 2025?
Rollblock’s new GambleFi project has been creating buzz in the market ever since its ICO was launched. By raising more than $4.2 million in presale already, Rollblock has proven its potential as the next big DeFi altcoin that could experience a 100x rally.
As Rollblock’s official launch day draws closer, investors are eager to know whether these bullish predictions will be proven true. If they are, Rollblock could easily surpass some of the leading cryptos in the market and become one of the Top 10 tokens by 2025.
While Rollblock is attracting a huge wave of investors with its revolutionary crypto-native casino that combines aspects of decentralized and centralized gaming, the real reason behind the platform’s success is Rollblock’s native $RBLK token. The $RBLK token powers Rollblock’s entire ecosystem, provides long-term utility to token holders, and even offers staking rewards with the highest APY in the market.
Through Rollblock’s revenue-sharing mechanism, traders can receive a weekly passive income in the form of more $RBLK tokens. Every week, Rollblock reinvests a significant portion of its casino revenue to buy back tokens on the open market.
While half of these tokens are distributed as rewards with up to 30% APY, the remaining half are burned forever to reduce RBLK’s circulating supply. Through this deflationary mechanism, Rollblock’s price is expected to experience massive surges as soon as it hits the open market.
Rollblock has recently hit a new all-time high of $0.031, but analysts are anticipating a bigger surge in upcoming weeks. Since Rollblock is expected to surge 880% by the end of its presale, now is the ideal time to invest!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
*This article was paid for. Cryptonomist did not write the article or test the platform.
