November 8, 2024
Ethereum News

Binance Coin (BNB) Whales Are Diversifying Into This Low-Cap Ethereum Token Set To Explode From $30M Marketcap Into Billions

Will ex-CEO Changpeng Zhao’s Public Appearance Impact BNB’s Price?

Changpeng Zhao might be the former CEO of BNB but his recent release from prison caused a huge spike in BNB’s demand. When CZ made his first post after spending the last 4 months in jail, BNB’s price recorded a monthly high of $616.53.

Even though BNB hasn’t been able to reach this high point since then, analysts believe CZ’s first public appearance at the Binance Blockchain Week in October could trigger another rally.

BNB is currently trading for $572.74 after an intraday increase of 2.27%. Since BNB is currently trading above all its key Simple Moving Averages on the daily chart, BNB’s price could test the $633.7 resistance if the Momentum Indicator stays bullish.

Ethereum (ETH) Whale Sell-off Creates Bearish Community Sentiment

A major Ethereum whale has dumped more than $12 million worth of Ethereum tokens over the past 30 days. This massive sell-off is creating a cautious sentiment around Ethereum as many traders are beginning to lose confidence in the token’s recovery.

Ethereum is currently trading for $2,447.54 after a 2.97% intraday increase. Since Ethereum’s gas fees also reached a weekly high of 78 Gwei today, there might be growing activity on Ethereum’s network right now.

However, Ethereum’s volume has decreased by 13.77% over the last 24 hours which indicates that investors are losing interest. If the sell-off continues, Ethereum’s price could fall to the $2,257.72 support in upcoming weeks.

Rollblock’s (RBLK) New Low-Cap Crypto Becomes Hottest ICO in Q4

Rollblock (RBLK) is a new GambleFi project that is currently in its seventh presale stage. Even during this ICO, Rollblock has already proven its 100x potential by attracting more than 20,000 early investors in record time. With analysts projecting up to 880% returns for Rollblock by the end of its presale, Rollblock’s price is currently experiencing a massive bullish rally.

The reason why analysts are making such huge predictions for Rollblock is the platform’s unique strategy of combining decentralized and centralized gambling with the latest blockchain technology. By launching a fully crypto-native casino that is powered by its own RBLK utility token, Rollblock is already revolutionizing the $500bn per annum global gambling market.

Since Rollblock’s casino is fully crypto-native, new users can sign up by directly connecting their wallets and depositing any token of their choice. With no KYC checks required upon signup, Rollblock is seeing a huge influx of security-conscious traders who wish to make massive gains in a fun way.

If that wasn’t enough, Rollblock also encrypts all bets and transactions on Ethereum’s blockchain which makes it impossible to alter, change, or manipulate bets after they are placed.

Aside from the top-tier gambling experience, Rollblock also rewards players through its revenue sharing model. Every week, Rollblock reinvests a huge chunk of its casino revenue into repurchasing RBLK tokens at market price.

Since half of these tokens are distributed to current holders as staking rewards with up to 30% APY, Rollblock investors can easily receive a weekly passive income. The remaining half of tokens are put through a token-burn mechanism which lowers RBLK’s circulating supply and ensures that the token’s price remains deflationary over time.

Even with these impressive features, Rollblock is selling RBLK tokens for a low price of only $0.031 each during stage 7 of its presale. Since Rollblock is quickly becoming the hottest ICO in the market, analysts are tipping at a massive 100x rally on RBLK’s official launch day.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://rollblockpresale.io/ Socials: https://linktr.ee/rollblockcasino

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.