There is never a dull moment in the cryptocurrency markets. Pepe has seen huge volatility recently as whales take profit, while Ethereum is yet to pump on the launch of its long-awaited ETFs.
Meanwhile, Rollblock ($RBLK), a new play-to-earn coin still in presale, is being tipped for 2,000% gains in 2024.
What you'll learn 👉
Pepe ($PEPE) Whales Take Profits To Cause Dip
Pepe (PEPE) has recently seen huge volatility as a whale sent 400 billion Pepe tokens (equivalent to $4.2 million) to the Binance exchange to sell. This profit-taking has sent Pepe’s price down to the 50-day EMA, where it bounced and currently sits around $0.0000100.
Pepe is expected to outperform the market in the event of sustained inflows to the Ethereum ETF, although it has recently seen competition from a massive number of recently minted memecoin copycats such as Chinese spin-off PeiPei. With enough buying pressure, however, a rally back to $0.000016 looks likely In the short term.
Ethereum ($ETH) Holders Facing ETF Anti-Climax
Ethereum has seen indecisive price action around the launch of its ETF funds recently. Initially, promising institutional inflows soon gave way to a huge wave of selling thanks to the Grayscale Ethereum trust and its stubbornly high annual fees. This has led many Ethereum holders to sell these positions and seek out cheaper fees elsewhere.
This rotation will be bullish long term, although Ethereum bulls will need patience as the selling is not over yet. With the prospect of alt-season just around the corner, Ethereum will need only the slightest of catalysts to propel it back above the $4,000 mark into new all-time highs.
Rollblock ($RBLK) Leads The Way in Crypto Casino Transparency
Rollblock ($RBLK) is on a mission to revolutionize the way that online casinos operate by bringing the huge innovation of blockchain technology to this $450 billion sector. Rollblock enscribes all transactions onto the Ethereum blockchain, removing the risk of bets being tampered with.
Completely anonymous and free of KYC, players can simply connect a crypto wallet to get started. A generous deposit bonus of up to 15% is up for grabs for a short time.
All in-game payouts are made using the native token RBLK, which is set to explode in price this year thanks to a unique revenue share scheme. RBLK will be bought each week by the casino using a portion of its operating profits. These coins are then burned and allocated to stakers for an incredible 30% yield.
As demand goes parabolic, supply will become incredibly hard to find, leading to explosive price action. Investors should hurry to make an allocation at the low price of $0.018, as Stage 4 coins are over 90% sold out already. Analysts are predicting massive moves of up to 200x in 2024, so investors can still make huge profits by getting involved today.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
