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Whale Withdraws $8M Worth Of PEPE From Binance As Price Soars; Whales Continue To Accumulate Rollblock (RBLK) Too

by BSC News

May 29, 2024

chain

Pepe coin swiftly moved back to a consolidation phase after hitting a new all-time high due to increased selling pressures. Meanwhile, Rollblock continues to gain traction with a heightened buying frenzy.

Amid the current price recovery, Pepe has experienced strong momentum reaching a new all-time high of $0.00001582 with a market capitalization of over $6 billion. The recent price surge is attributed to massive whale accumulations. According to Candlestick,io, an unknown whale with 1.21K $ETH in its wallet withdrew 592 billion PEPE, valued at $8 million, from Binance.

These activities have fueled Pepe coin's positive market optimism, reflecting a continuous upward momentum for the meme coin. Meanwhile, Rollblock (RBLK) is also defying market expectations, recording over $500,000 in presale revenue within two weeks and a 20% ROI in price value. Experts now hint at 100x returns for Rollblock, making it among the best crypto to buy in 2024.

Pepe Coin Returns To Consolidation Phase: Will the Bears Control the Market?

The frog-themed meme coin Pepe has been making headlines in the broader crypto market due to its robust market performance and whale activity. Recently, the price of Pepe hit a new high of around $0.0001535, which heightened selling pressures on the ecosystem. Investors quickly realized their profits, forcing the Pepe coin to return to its sideways channel.

This caused Pepe's price to begin its consolidation phase. At this point, the bulls could either try to push the PEPE price up, or the bears could exert selling pressure on the altcoin. Experts are still optimistic that the price of Pepe will retest its all-time high, suggesting that its technical foundation may continue climbing.

However, if traders start dumping the altcoin, the price of Pepe could fall below its lower critical resistance level, confirming that the Pepe coin has entered a bearish phase.

Rollblock’s Revenue Share Model Promises Long-Term Value

For investors looking for an altcoin that offers potential earning opportunities while enjoying an online gaming experience, Rollblock (RBLK) is the best crypto investment option. The online crypto igaming provider has drawn attention to its presale due to its vast ecosystem, robust presale performance, and high growth potential.

At its core, Rollblock leverages blockchain technology creating an immersive online gaming platform. It will, therefore, address troubleshooting problems in conventional gaming platforms, such as efficiency, transparency, and security. Moreover, gamers on the platform will enjoy 100% anonymity with no KYC checks.

Rollblock will display more than 150 games online and will soon introduce sports betting on the platform. What’s more interesting is the revenue share model, where Rollblock will use up to 30% of its weekly revenue to buy RBLK from the market. Afterwards the team will initiate a burning mechanism to burn half of the tokens with the remaining half being used as staking rewards.

This has create heightened buying pressure that would award RBLK holders and ultimately pump up the altcoin's value. In its stage 2 presale, the RBLK token is priced at $0.012. With a potential Tier-1 CEX listing in Q3, experts see the price of RBLK climbing to $0.5. As a result, Rollblock is among the best altcoins to invest in 2024.

Could Rollblock Outpace Pepe in the Market?

Unlike Pepe, which is gearing up for a price recovery, Rollblock is emerging as the best cryptocurrency for 2024. Its unique tokenomics, vast ecosystem, and earning opportunities have positioned Rollblock as a strong contender in the crypto market.

Moreover, Rollblock has a low market capitalization—meaning it only requires fewer funds added to trigger astronomical increases in value. With this view, experts see Rollblock among the best cryptos to invest in now.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website:https://presale.rollblock.io/

Socials:https://linktr.ee/rollblockcasino

 

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