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When you’re sizing up your investing options it’s a good idea to see where crypto whales are investing their money. And looking around the cryptosphere there’s an ongoing trend of volume picking up with Rollblock (RBLK). This brand new token is exceeding all expectations while only in stage 4 of its presale.
In other sectors of crypto, Cosmos (ATOM) and dogwifhat (WIF) are both struggling to catch a bid. Cosmos is down on all time scales and it will take some major news for a boost, whereas the dogwifhat price is still trending down since its March 2024 all-time high (ATH).
Can dogwifhat regain its Q1 ATH?
Meme coins were arguably the best sector to be in during the last bull cycle if you were one of the many crypto whales that could manipulate the market, which is full of speculators and WIF was one of the success stories of Q1. But can it bounce back in Q3 or Q4?
The dogwifhat price is down almost 60% since its March highs, and although it captured plenty of interest, many believe meme mania could be phasing out. As the crypto market evolves, the future performance of WIF and other meme coins hinges on whether crypto whales return to boost the value of what are notoriously known as useless coins.
Are crypto whales shorting Cosmos?
Cosmos was one of the most popular cryptos back in the 2021 bull cycle, but since its ATH that year, the ATOM price is still down over 80%. This once pioneering blockchain that was known as the “Internet of Blockchains” just can’t catch a bid.
In fact, the price of ATOM has struggled so much, there’s speculation that it might have been targeted by crypto whales for shorting. These large-scale investors can influence market prices, and it’s probably the most logical explanation for ATOM, where the price is down on pretty much every time scale.
RBLK
Rollblock is making headlines in the gambling and blockchain industries. By utilizing the best features of blockchain, it’s set to bring transparency to an industry that has always tried to shy away from it.
This innovative platform is capturing significant attention from crypto whales and savvy investors alike, with its presale raising over $1 million, while it’s still only in stage 4. Such early success underscores the strong market interest in Rollblock’s vision and of course its potential.
The $RBLK token underpins everything on the platform, and it’s this that’s available during the presale. Anyone wanting to play online gambling, such as casino tables, slot machines, or bet on the success of your favorite team, then it’s all available on Rollblock.
And you don’t even need to KYC. What? I hear you ask. That’s right, to use the Rollblock platform, you simply need an email address and to connect your crypto wallet. This simplicity is expected to attract a large community, which is already evident this early in the presale.
The Rollblock platform also offers token holders multiple ways for users to earn money. The Hold to Earn program shares a portion of the platform’s daily revenue with token holders, and as the community grows so will the income.
There’s also a Stake to Earn program that rewards users who stake their tokens. As well as helping secure the platform, it also incentivizes long-term holding and active participation on the platform. And of course, we all know that active participation means more earning through the Hold to Earn program.
With blockchain technology ensuring transparency and fairness in all transactions and bets, Rollblock addresses the worries and fears of the gambling community. It also brings many ways for investors to earn a passive income, and it’s these features and more that is attracting the crypto whales.
Get in on the early action of the Rollblock ($RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Whale Volume Is Increasing In Rollblock As Price Set To Jump Once More; WIF and Cosmos (ATOM) Unable To Catch A Bid appeared first on CoinGape.