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Reading: Whales are capitalizing on Solana meme coins to amass utility tokens Rollblock (RBLK) and Cosmos (ATOM)
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Gulf Press > Business > Crypto > Whales are capitalizing on Solana meme coins to amass utility tokens Rollblock (RBLK) and Cosmos (ATOM)
Crypto

Whales are capitalizing on Solana meme coins to amass utility tokens Rollblock (RBLK) and Cosmos (ATOM)

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Last updated: 2024/05/02 at 5:34 PM
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The recent meme coin boom has led to crypto whales cashing out and investing in utility tokens like Cosmos and Rollblock. Cosmos recently approved proposal 897, introducing a new security measure into its ecosystem. Despite experiencing price declines due to market turbulence, experts predict that Cosmos will recover and potentially reach $10 after Bitcoin’s halving. Meanwhile, Rollblock is gaining attention as a new utility token focused on applying DeFi technology to the online gambling market. With a revenue-sharing model and high staking rewards, Rollblock is expected to see significant growth and disrupt the industry.

Cosmos has seen strong performance over the last six months, with its value more than doubling within that period. However, recent market conditions have caused price declines, with ATOM trading at its lowest price since October. Despite this, experts believe that Cosmos is on track to bounce back, as evidenced by an increase in daily trading volume and a slight drop in ATOM’s price over the last 24 hours. Many crypto whales are doubling down on their Cosmos portfolio in anticipation of potential returns post-Bitcoin’s halving.

Rollblock, currently in its presale stage, is set to revolutionize the online gambling market by offering a diverse range of games and implementing a revenue-sharing model for token holders. With the online gambling industry expected to reach over $200 billion a year by 2030, analysts predict a significant price increase for Rollblock by the end of 2024. The token is currently available at a low price of $0.01 during the presale, with prices set to surge throughout each stage, potentially reaching a 720% increase by the end of the presale.

Rollblock’s unique approach to online gambling, combined with its revenue-sharing model and high staking rewards, positions it as a lucrative investment opportunity in 2024. As the project continues to gain traction and attract investors, the potential for growth and disruption within the online gambling industry is significant. With the platform already live and offering a variety of popular casino games, Rollblock is poised to become one of the hottest utility tokens in the crypto space. To learn more about the Rollblock presale and the exciting opportunities it presents, visit their website and social media channels today.

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News Room May 2, 2024
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