The post Pepe Whale Buys 337 Billion Tokens, Bullish News For Shiba Inu And Rollblock appeared first on Coinpedia Fintech News
A swift correction was inevitable following Bitcoin’s surge past $100k, though like the dozens that came before it, this is almost certainly a small blip in the grand scheme of the “4-year cycle”.
Pepe and Shiba Inu are still in the green, though memes in general have lost steam as large-cap utility plays gain traction. Gaming is yet to experience significant upward momentum, though some analysts believe a DeFi gaming rally is well overdue. In this lucrative hype-based sector, Rollblock stands out as a particularly profitable venture to look into heading into 2025. Read on to learn more.
Whale Activity Bolsters Investor Confidence In Pepe
Pepe has solidified its position as the third-largest memecoin, driven by recent listings on Coinbase, Robin Hood, and most recently Binance US. These significant listings have increased Pepe’s accessibility in the USA, contributing to Pepe’s 166% rise in a 30-day timeframe. Whales have further boosted confidence in Pepe ahead of the bull run, accumulating 337 million tokens worth over $6 million collectively.
A recent trend of moving Pepe tokens off of exchanges has reduced selling pressure and supports Pepe’s bullish long-term growth prospects. With strong community support and increasing adoption, Pepe is well-positioned to continue its upward trajectory, as some crypto influencers like “Murad” predict that a meme supercycle is on the precipice.
Burns And Increasing Interest From Whales Puts Shiba Inu In Bullish Stead
Shiba Inu has regained momentum just in time for the bull run, with notable whale activity signaling renewed confidence amongst large investors. Two transactions in particular have garnered significant attention, one being a major transfer of over 80 billion SHIB from Coinbase and a separate 54 billion SHIB migration from a US government-linked wallet.
In addition, Shiba Inu’s layer-2 blockchain, Shibarium, has seen its total value locked surge past $10 million, an 850% jump since September. Deflationary mechanisms, including a 4500% spike in the token’s burn rate, are also strengthening Shiba Inu’s supply dynamics, rendering Shiba Inu as more scarce. With further burns anticipated around Christmas, analysts anticipate Shiba Inu to continue its impressive growth trajectory at a time when memes are more popular than ever.
Don’t Miss Out On Rollblock Before The Gaming Rally
Rollblock is reshaping the iGaming industry with its innovative play-to-earn platform, seamlessly integrating decentralized and traditional gaming with lucrative rewards and a strong overall foundation that sets it up perfectly for further growth.
Featuring a collection of over 7,000 games, Rollblock offers something for everyone, from classic favorites like poker and roulette to groundbreaking blockchain-based titles. The soon-to-launch sports betting feature will further expand its offerings, enabling the platform’s 20,000+ users to place wagers on major sporting events, enhancing the utility of the RBLK token while offering another avenue to have fun and make a profit.
Rollblock’s revenue-sharing model is a major attraction for investors. The platform allocates 30% of its profits toward RBLK token buybacks, with half burned to reduce supply and the other half distributed as staking rewards. This mechanism encourages token stability while fostering long-term participation, alongside the platform’s play-to-earn and hold-to-earn incentive components.
Priced at $0.041 in its ninth presale phase, Rollblock is positioned as an exceptional investment opportunity. Multipliers in the 10-25x range are a major feasibility, and in the peak of the bull run, Rollblock harbors the potential to amass 50-100x gains. Get in now before the official launch!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
