Ethereum is experiencing significant whale activity as nearly 300,000 ETH tokens have left CEXs in the last seven days. Solana is also gaining traction after breaking out of its short-term corrective pattern and preparing for the next price discovery. Meanwhile, Rollblock is the best low cap crypto investment in the market as the GambleFi project is poised for 880% gains before the end of its presale.
Ethereum (ETH) Whales Push Price Towards New Peak
Ethereum has recorded a significant 58.59% increase in value over the last 30 days as investors regained interest in Ethereum’s blockchain. During this period, nearly 300,000 Ethereum tokens have left CEXs which suggests massive whale accumulation. Even the Ethereum supply held by non-exchange addresses has increased from 45.06 million to 45.23 million in record time which reflects the high investor confidence in Ethereum’s future potential.
Ethereum is currently trading for $3,915.63 after an intraday increase of 3.70%. Ethereum’s volume has also increased by 23.57% during this period which indicates high network activity. Since Ethereum’s RSI is still in the neutral zone and the MACD indicator confirms an upward movement, analysts believe Ethereum’s price could push through the $4,000 level soon.
Solana (SOL) Prepares for Another Price Discovery
Solana’s price experienced a massive rally towards a new all-time high level during the post election hype but quickly retracted because of selling pressure. Since the selling activity by Solana’s short holders is cooling down, analysts believe Solana is preparing for another price discovery phase before the end of Q4.
Solana is currently trading for $239.65 after an intraday increase worth 6.32%. Solana’s volume has also increased by 14.42% which suggests a significant increase in trading activity. Since Solana’s price has already broken out of a short-term correction pattern, analysts believe Solana could test the $300 to $400 price targets within the next few weeks.
Rollblock (RBLK) Experiences Explosive Demand After Presale Stage 8 Sells Out in Record Time
Rollblock’s demand has been skyrocketing through the roof ever since the platform entered its 8th presale stage. Since Rollblock’s native RBLK token has a maximum supply of only 1 billion tokens, investors are rushing to add RBLK to their portfolios before the deflationary pressure triggers a massive rally. For now, Rollblock is selling tokens for a low price of only $0.041 each which is a huge buying opportunity for savvy traders.
Analysts are already projecting a 100x rally for Rollblock on its official token launch day because of the platform’s strong fundamentals. Aside from being built on Ethereum’s immutable blockchain, Rollblock is also giving traders a fun way to earn huge gains. Rollblock already features 7,000+ AI-powered games like roulette, poker, slots and more which can be played to win more RBLK tokens.
These tokens can be added to a staking pool to receive a weekly passive income through Rollblock’s revenue-sharing model. Every week, Rollblock uses up to 30% of its revenue to purchase RBLK at market price and distributes 40% of the tokens to long-term holders as staking rewards. Since the remaining repurchased tokens are removed from supply through a token burn mechanism, analysts are expecting RBLK’s price to follow a strictly deflationary trend on the open market.
While tokens like Ethereum and Solana aren’t attractive to retail investors who are looking for a low entry point into the market, Rollblock is emerging as the perfect alternative. Since Rollblock has already raised $6.85 million in its presale stages, analysts are expecting Rollblock to become one of the top DeFi altcoins by 2025.
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