Markets
Big Move by Quant Whale (QNT), XRP Price Hit by SEC Lawsuit, Rollblock Lures Investors for 10x Gains
The last few months in the altcoin market have been quite tense as most major altcoins have been showing alternating signals, disrupting large-scale investment decisions. Recently, a whale made a big move with Quant tokens worth $9.76 million. This movement brought negative sentiment and Quant token, reminiscent of the slowing momentum of the Ripple coin. Still buffeted by the SEC allegations, Ripple is struggling to make headway. On the other hand, this new online crypto-casino platform called Rollblock (RBLK) is attracting a lot of interest from investors due to its potential to realize a 10x price bomb very soon.
Amid gradual positivity for the year, huge whale movement undermines Quant Token’s potential
Quant Network (QNT) has experienced abundant growth over the past three years after being launched as software focused on building connections (i.e. ensuring interoperability) between existing distributed ledger networks. The native QNT Token saw increased interest due to this, with its price reaching an ATH of $428.
Although the Quant token has drastically reduced to its lowest levels, the small price jump it experienced at the beginning of the year was a positive move for most investors. However, as a whale offloaded 118,009 $QNT tokens (worth $9.76 million) to the Kraken Exchange after holding them for six years, investors are not as confident about the trajectory of this token.
Furthermore, Quant token prices fell by up to 10% after this change. Regardless, it is possible that this whale made his move too early, as the Quant token could still rank among the top altcoins with the biggest gains this year.
Rollblock (RBLK) Projected 10x Growth in Q3 Is Highly Likely Due to Attractive Ecosystem
The potential for Rollblock (RBLK) surpassing most GameFi tokens in the altcoin market is a very likely possibility, but another likely occurrence would be for the token to achieve 10x growth in Q3. After already progressing 40%, going from US$0.01 to US$0.014, experts are already predicting as much as 20x gains before the end of the year, placing Rollblock as the best choice among the top cryptocurrencies to buy in 2024.
As the GambleFi protocol, Rollblock operates a fully operational online casino platform where players can access over 150 games and 20 cryptocurrencies to transact on its platform. Adding more appeal to its network, Rollblock eliminates the need for KYC checks to ensure easy access to its platform. This, along with its focus on passive income, privacy, transparency and security, positions Rollblock to become a giant in the DeFi market.
Rollblock’s efforts to create a stable income mechanism stem from its revenue sharing model. This feature involves Rollblock sacrificing 30% of your weekly revenue to buy back RBLK tokens from the open market. Half of them are removed from circulation through a burning mechanism, while the other half is reserved for staking rewards. This not only provides passive income for token holders but also increases the valuation of RBLK tokens.
The project is also expected to introduce sports betting in the coming weeks, which will allow users to bet on a wide number of markets on the world’s biggest sporting events. This should generate a significant increase in revenue for the GambleFi protocol, something that will bring great benefits to RBLK token holders.
Meanwhile, Rollblock is already in the third phase of its pre-sale and has raised more than US$760,000 so far, showing incredible growth potential so far. Rollblock could raise over $1 million this month, however, there will be a huge opportunity for exceptional growth when it finally launches on the GameFi market via CEX and DEX listings.
SEC Lawsuit Hurts $XRP, But Ripple Network Shows Growth Efforts
Since late 2021, the Ripple coin (XRP) has been experiencing upward and sometimes consolidation pressure due to the effects of the SEC lawsuit that has not yet been resolved. Despite the recent stagnation in the price of Ripple currency, the network is still looking for partnerships and developments.
For example, Curling acquired blockchain company Metaco and Standard Custody & Trust Company. It also plans to launch a stablecoin for the XRPL ecosystem. Ripple’s attempt to once again rank as one of the top cryptocurrencies to buy is undeniable.
When exactly is Rollblock likely to achieve 10x growth?
Rollblock is currently 40% above its initial price, standing at exactly $0.014 in the third phase of its pre-sale. So one 10x growth to $0.14 would likely occur before the end of its presale, somewhere in the middle or end of the third quarter, meaning investors could see more upside when it comes to being listed on major exchanges .
Discover exciting Rollblock (RBLK) presale opportunities today!
Website: https://presale.rollblock.io/
Social: https://linktr.ee/rollblockcasino
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality and accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.