On-chain data shows that whales are continuously increasing their holdings of Dogecoin, Cardano, and Rollblock 🔥🔥🔥
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This week, whales have been active in the cryptocurrency market, impacting three well-known altcoins. Dogecoin is recovering from consolidation, while Cardano plans to rebound to $7 by 2025.
Rollblock has gained favor with whales due to its GameFi project, raising over $7.3 million in the presale phase, with a significant price increase of 315%. Its native $RBLK token not only powers the gaming ecosystem but can also be staked for weekly passive income, with a maximum of 30% APY. Additionally, Rollblock brings trust and transparency to iGambling by encrypting financial data through the Ethereum blockchain, attracting a large number of players. Rollblock is expected to bring an 880% return to early investors before the presale ends.
Dogecoin's trading volume has significantly decreased, with the price stabilizing at $0.39, but it has fallen below the $0.42 resistance level. Despite the bleak outlook, the number of whales has significantly increased, seemingly preparing to buy before prices rise.
Cardano's price has increased by 47.43% in the past 30 days, favored by investors for providing a scalable and environmentally friendly blockchain environment. Its total locked value is steadily growing, with 70% of the ADA circulating supply staked. Cardano's trading price is $1.07, but technical indicators are bullish, potentially rising to $3.10, or even $7 by early 2025.
While Dogecoin and Cardano offer buying opportunities, they are susceptible to market volatility. In contrast, Rollblock's presale is booming, leading the altcoin season in the fourth quarter, bringing early investors investment returns of up to 350%. The current price of RBLK tokens is $0.0415, and analysts expect the price to reach an all-time high.
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