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Kriptoteka > Market > Altcoins > Solana and XRP Whales Buy Big as New Altcoin Surges 218%
Altcoins

Solana and XRP Whales Buy Big as New Altcoin Surges 218%

marcel.mihalic@gmail.com
Last updated: October 25, 2024 8:51 pm
By marcel.mihalic@gmail.com 5 Min Read
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Contents
Rollblock’s winning strategy: Distinctive use case and revenue-sharing approachSolana remains stable despite low investor interestCrypto whales detect trouble as XRP hits turbulenceConclusion

Disclosure: This piece does not constitute investment advice. The information and materials presented on this page are intended solely for educational purposes.

As altcoin season approaches, investors are turning their attention to Rollblock, which has already provided early backers with 218% returns and is drawing interest from significant crypto investors.

With an exciting altcoin season on the verge of kicking off, many investors are gravitating towards emerging cryptocurrencies with lower market caps and the potential for explosive growth. In the past, standout performers like Solana (SOL) and Ripple (XRP) have yielded remarkable returns, generating millions in ROI for their supporters.

Recently, however, SOL and XRP whales have shifted focus towards a promising presale token, Rollblock. After achieving a 218% return for early investors, analysts predict further price increases for Rollblock, leading to a frenzy among crypto whales in the market. Let’s delve into the details!

Rollblock’s winning strategy: Distinctive use case and revenue-sharing approach

Not all cryptocurrencies are made equal or carry the same value in today’s market. While Solana and Ripple are solidifying their positions within the payment solutions sector, Rollblock is pioneering its niche within the $500 billion gambling industry. This is critical because gamers have long lacked transparency regarding their wagers and whether the odds are in their favor.

Rollblock is revolutionizing the online gambling industry with its cutting-edge web3 solutions. It aims to disrupt GambleFi and play-to-earn paradigms, offering an unparalleled experience for players across more than 150 games from top providers.

Thanks to blockchain technology, every bet can be verified. Yet Rollblock goes beyond that, implementing rigorous audits and regulatory checks to ensure the security and anonymity of gamers. This explains why the Rollblock presale has already amassed over $4.6 million in liquidity, with more than 11 million tokens sold to eager investors.

Speaking of investors, they stand to gain significantly from Rollblock’s revenue-sharing model, designed to provide holders with passive income through a weekly reward program. Additionally, Rollblock’s deflationary tokenomics help ensure that the value of their investments remains stable, if not increasing, through a buy-back mechanism that creates artificial scarcity and drives up prices.

Solana remains stable despite low investor interest

Over the past year, Solana has emerged as one of the top-performing altcoins, vying with Ethereum for dominance with its quicker and more affordable solutions. Nevertheless, SOL investors are grappling with concerns following alarming technical forecasts indicating a bearish trend for SOL’s price.

These forecasts are echoed by data reflecting SOL’s network activity. According to DeFiLlama, SOL’s trading volume plummeted from an all-time high of $5.6 billion in August to just $1.7 billion. The declining transaction volumes indicate a slowdown in the growth of its DeFi applications (dApps), which further diminishes revenue and investor confidence.

Crypto whales detect trouble as XRP hits turbulence

Ripple may soon face new legal challenges as the SEC disputes last year’s ruling on XRP’s status as an unregistered security. Amidst these legal battles, Ripple has disclosed additional information about its forthcoming stablecoin RLUSD, including partnerships with exchanges and new trading pairs.

Experts predict that XRP’s price could surge past $0.7 as the launch date approaches, with XRP currently hovering just below a significant resistance level of $0.60. The upcoming months are pivotal for the token as it continues to navigate its legal complexities with the SEC.

Conclusion

As Solana and Ripple continue their turbulent journey, many investors are turning to Rollblock. This new cryptocurrency has already met expectations, and industry specialists anticipate that its promising trajectory is just beginning.

For further details, check out the Rollblock presale website and connect with the online community.

Disclosure: This content is supplied by a third party. crypto.news does not endorse any product mentioned on this page. Users should conduct their own research before making any decisions related to the company.

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