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Tron (TRX) and Rollblock (RBLK) Rally as Whales Accumulate; Solana (SOL) Continues Struggles

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By on August 23, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Tron (TRX) and Rollblock (RBLK) Rally as Whales Accumulate; Solana (SOL) Continues Struggles appeared first on Coinpedia Fintech News

Rollblock (RBLK) continues to stage a massive crypto rally, rocketing 110% in presale. Tron (TRX) resumed its uptrend after months of accumulations, but investors could be looking to lock in gains at the $0.18 ATH

Sadly, RBLK and TRX’s good fortunes weren’t repeated on Solana’s price. The SEC rejected Solana ETF filings, suppressing SOL’s crypto rally.

Rollblcok’s (RBLK) GambleFi crypto tops as the alpha in the pack as whale accumulation intensifies in stage five. Analysts believe RBLK will rise into a multi-billion iGaming crypto asset, delivering gigantic returns north of 100x.

Tron (TRX) resumes its long-term crypto rally

The Tron (TRX) crypto rally has been on since November 2022, rocketing from a low of $0.045 to a high of $0.144 on Feb. 2024. But TRX took a slight haircut, entering a period of accumulation in the $0.11-$0.13 range. Whales pounced on every dip to double up.

Tron (TRX) was on track to resume its long-term uptrend when the Aug. 5 crypto massacre pushed it down to the $0.11 region. Whales pumped in more liquidity, putting TRX on a tight uptrend on the daily charts.

On Aug. 20, TRX blew through its Feb. high, staging a more than 25%  crypto rally to the $0.16 region. With no signs of slowing down, TRX could rocket to smash its 0.18 ATH.

Solana price (SOL) struggles on SEC’s uncertainty

After hitting a high of $210 in March, Solana’s price (SOL) saw quite a profit take. Whales have taken advantage of every price jump to lock in gains, putting SOL in the $120-$190 range for nearly 5 months.

The Aug. 5 crypto bloodbath pushed Solana’s price down to wick at $110 before rocketing later on to $163. The mini crypto rally presented yet another profit-taking opportunity, sending SOL price back down to hover at $140 by Aug. 21.

The SEC’s rejection of CBOE’s Solana ETF filings on grounds of Solana being a security has created a bearish sentiment around Solana’s price as investors hold off for clarity. 

Rollblock (RBLK) steals the spotlight with a 110% crypto rally

As Solana’s price struggles, Rollblock just made a new all-time high. In presale stage five, this GambleFi crypto presale has garnered over $2.2 million, pushing RBLK’s price to $0.021. That’s a 110% price jump from the $0.01 introductory price, leaving early birds reeling in a more than 2x return!

Rollblock’s revenue-sharing benefits and massive growth potential are the top reasons driving SOL whales to gobble. The Ethereum iGaming protocol redistributes a portion of its weekly profits as rewards to the RBLK token holders. Further, investors earn a 30% APY for locking their tokens to provide liquidity in the network.

However, the real money-minting deal lies with the RBLK deflationary design and market potential. Regular token burns slowly reduce RBLK’s token supply, priming it up for a mammoth surge as its value increases.

With the gambling market tipped to surpass $700 billion by 2028, RBLK’s solid fundamentals poise its market cap to grow into billions. That will pump the token price to the moon, minting millions for holders.

Analysts predict astronomical 880% gains in presale and a possible explosion past 100x on launch.

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

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

Socials: https://linktr.ee/rollblockcasino

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