Crypto casino Rollblock (RBLK) recently blew through stage five of its presale in one weekend on the back of massive whale inflows. Now investors are dumping their stale tokens like BNB (BNB) and Chainlink (LINK) in favor of GambleFi’s top altcoin. Investors are now pouring in with only two presale stages left before RBLK’s post-ICO price sees an estimated 500x growth.
BNB Trades Sideways as Binance Traffic Fails to Materialize
This bull cycle’s big exchange traffic has yet to materialize as BNB continues to languish. BNB was projected to rocket higher on Binance traffic growth, but trading has remained subdued for now. While BNB may still pop this cycle, investors are tired of waiting around.
The BNB price continues to trade in the $500 to $700 range. However, the BNB price has recently been trading in the lower end of this range, making some investors fear a drop through the lower bound is imminent.
Solana Eats Into Chainlink’s Smart Contracts Market
Chainlink enjoyed a strong start to 2024 but has been bleeding value as the market for Smart Contracts consolidates in the top two tokens, Ethereum and Solana. Solana’s meteoric 2024 rise has hit Chainlink particularly hard, as Solana has grown at the expense of smaller competitors like Chainlink
The Chainlink price is still up more than 75% this year. However, Chainlink’s price is down more than 50% from its 2024 highs, and many investors are choosing to cash out now ahead of further drops.
Whales Buying Out a Rollblock Presale Stage Has Small Investors Racing to Get In
Whales bought up most of Rollblock’s stage five presale in two days over the weekend. This sent Rollblock racing into the sixth of eight stages with a big jump in price to reflect the increased demand.
With only so many presale tokens left and Rollblock’s big ICO just around the corner, smaller investors are getting worried that whales could buy up the remaining tokens before they get a chance.
This hype over GambleFi’s top altcoin and its upcoming ICO is completely justified. Rollblock has created a next-generation crypto casino that already has 10,000 players signed up and 100s more signing up each day.
Rollblock is expected to explode onto the $500 billion global gambling industry and take huge bites of the market share with its game-changing crypto innovations.
Using blockchain technology means that Rollblock can offer its players limitless access to all of the industry’s best games without any of the red tape and fees that players normally need to suffer through on traditional online casinos.
Rollblock’s main innovation is its profit-sharing program. RBLK is bought off the open market each day using 30% of that day’s revenues. Half of the tokens are burned to increase the value of all the remaining RBLK on the market. The rest of the buyback tokens are used as high-APY staking rewards to generate income for RBLK holders.
RBLK’s presale price was increased to $0.024 in stage six. This price is expected to exceed $10 within the first week of Rollblock’s imminent ICO.
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Source: https://www.crypto-news-flash.com/whale-activity-propels-crypto-casino-presale-price-bnb-and-chainlink-holders-want-in-on-the-action/?utm_source=rss&utm_medium=rss&utm_campaign=whale-activity-propels-crypto-casino-presale-price-bnb-and-chainlink-holders-want-in-on-the-action