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Breaking News: OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity
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Breaking News: OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity

Whales Accumulate Chainlink (LINK), Rollblock (RBLK) and Binance Coin (BNB) In May, What Do They Know?

NewsBTC
NewsBTC
Last Updated: May 19, 2024 9:00 am
3 mins read

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Crypto whales are making moves following the recent bear market. With Bitcoin increasing to $66,000, experts believe several projects could see significant rallies over the next few weeks. Three projects that have already caught whale attention are Chainlink, Rollblock, and Binance Coin (BNB). With all projects already in the green, experts believe they could see significant rallies, with Rollblock poised for returns of over 720%.

Chainlink Passes 100% Annual Returns

Chainlink’s impressive performance has continued in Q2, taking the altcoin’s annual returns to 107%. This milestone has triggered an influx of new investors, and Chainlink’s daily trading volume is up by 25.95% over the last 24 hours.

At the time of writing, Chainlink was trading at $13.82 and boasted a market cap of $8.1 Billion. Since its launch in 2017, Chainlink has showcased exceptional growth, outperforming many of the market’s top cryptocurrencies.

Following its recent rally, experts believe that Chainlink could pass $20 in 2024. As a result, crypto whales are doubling down on Chainlink (LINK) tokens to optimize their portfolios.

Binance Successfully Implements New Security Protocol

Binance recently implemented an “antidote” to the growing problem of address poisoning. This is when an investor is tricked into sending funds to a fraudulent address. This new algorithm has already been a huge success and has identified over 13.4 million spoofed addresses. This is a huge boost to the Binance Coin ecosystem.

Given that crypto scams are on the rise, this development brings a much-needed sense of security to Binance Coin and the Binance Smart Chain. Since this update, Binance Coin’s price has increased by 2.29%, and Binance Coin (BNB) is now trading at $580.85.

Having already experienced a strong performance in 2024, experts believe that Binance Coin (BNB) could be one of the market’s top cryptos in May. But how does Binance Coin compare to Rollblock?

Why Are Crypto Whales Flocking to Rollblock?

Rollblock is attracting cryptocurrency whales with its GambleFi protocol. This innovative project is one of the first to apply blockchain technology to the gambling industry, and its impact could be pivotal. By using blockchain technology, Rollblock is able to solve major industry issues such as transparency and security.

Rollblock has already launched its casino, which showcases over 150 different games. The platform is fully licensed and will also introduce sports betting options over the next few months. These will cover major sports, including MMA, golf, boxing, soccer, and the NFL.

One reason whales are buying Rollblock is its revenue share opportunity. Rollblock will share up to 30% of its daily revenue with $RBLK token holders. It will do this by using revenue to buy back $RBLK tokens on the open market, burning half of the tokens it buys. The remaining half will be used for staking rewards, offering some of the most lucrative passive income opportunities in the crypto market.

This could become a great way for investors to build passive income streams and has been a key factor in Rollblock’s rapid growth. Currently in stage 2 of its presale, investors can buy $RBLK tokens for just $0.012. Experts believe tokens could increase in value by 720% during the Rollblock presale, and as a result, tokens are in high demand.

Crypto Whales Take Advantage of Rollblock Returns

Rollblock has a long-term roadmap in place, with big plans to pioneer developments in the gambling industry. With little competition, experts believe that Rollblock could quickly become one of the world’s top cryptocurrencies. With the price of RBLK expected to increase up to 880% in the presale alone, many investors are choosing to buy early to maximize their returns.

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

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

Socials: https://linktr.ee/rollblockcasino

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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