Since the 25th of July, Jump Trading (a quantitative trading platform), has reportedly deposited significant $ETH and other related tokens to centralized exchanges. Spot On Chain, a popular on-chain analytics platform, disclosed that the company has deposited up to $231M worth of $ETH tokens to CEXs in the past ten days. The analytics provider provided the details of this event on its official social media account.

Jump Trading deposited $231M worth of $ETH to CEXs in the past 10 days!Since Jul 25, Jump Trading has:• redeemed 83,091 $wstETH ($341M) into 97,600 $stETH• unstaked 86,059 $stETH ($274M) from Lido Finance• then deposited a net amount of 72,213 $ETH ($231M) to various… pic.twitter.com/1U0jSq536P

— Spot On Chain (@spotonchain) August 4, 2024

Jump Trading Makes Strategic $ETH Deposits of $231M Worth to Centralized Exchanges in Ten Days

In its latest X post, Spot On Chain noted that this commenced on July 25 when Jump Trading began an array of strategic steps. They took into account the deposits of wrapped staked Ethereum (wstETH) as well as staked Ethereum (stETH). To start with, the company withdrew 83,091 wstETH with a value of up to $341M. The platform converted this amount into 97,600 stETH.

Following that, the firm moved on toward unstaking 86,059 stETH from Lido Finance. The respective figures had a value of nearly $274M. This unstaking procedure took into account converting staked assets into the $ETH token’s liquid form. After conversions, the platform deposited a cumulative amount of approximately 72,213 ETH, equaling $231M, into diverse well-known CEXs.

The Platform Still Has 21K $ETH and 37.6K wstETH in the Wallet, with 11.5K $stETH Still in the Unstaking Procedure

Gate.io, Coinbase, Bybit, OKX, and Binance stood among the exchanges that engaged in these massive deposits. The deposits denote a strategic asset allocation across diverse trading entities, potentially facilitating trading activities, liquidity, or other functional strategies. Spot On Chain added that Jump Trading currently possesses almost 21K $ETH and 37.6K wstETH in the wallet while 11.5K stETH is presently going through the unstaking procedure.

What is Cardano (ADA) Crypto?

In the crypto world, Cardano (ADA) is making waves, and investors and blockchain fans are taking notice. With IntoTheBlock showing $6.52 billion in large transactions in the last 24 hours, Cardano is almost on par with Ethereum. This post will cover what is ADA crypto, its features, and how you can stake on CryptoHeap to get the most rewards.

What is Cardano (ADA)

Cardano is a blockchain platform that wants to create a more secure and scalable infrastructure for dApps and smart contracts. Founded by Charles Hoskinson, one of the co-founders of Ethereum, Cardano is different because of its research-driven approach and commitment to positive global change through blockchain.

Consensus Mechanism

Cardano uses a unique consensus mechanism called Ouroboros which is a type of Proof of Stake (PoS). This is energy efficient and secure, unlike the Proof of Work (PoW) used by Bitcoin.

Ouroboros Features: ADA holders can stake their tokens to support the network. Stakers get rewarded for validating and creating new blocks. Network participants who validate transactions and secure the blockchain are called validators. They are chosen based on the amount of ADA they stake, fair and decentralized.

Staking ADA

Staking ADA means locking up your ADA tokens to participate in the consensus mechanism. Here’s how it benefits you:

Rewards: You get staking rewards in the form of additional ADA tokens. These are based on your stake and the network’s performance.

Security: Staking secures the Cardano network by making validators have a skin in the game.

Network Participation: Stakers process transactions and validate new blocks, making the blockchain faster and more reliable.

Cardano’s Recent Transaction Volume

Cardano’s $6.52 billion in transactions in the last 24 hours is a sign of its growing adoption and usage. This puts Cardano almost on par with Ethereum in terms of large transactions, a healthy and active blockchain.

Staking on CryptoHeap

CryptoHeap is a platform where you can get the most out of your staking by offering different staking plans for Cardano and other cryptos. Here’s how you can benefit:

Competitive Rewards: We offer some of the highest staking rewards in the market, so your investment will generate more.

User Friendly: The platform is easy to use for both beginners and experienced investors.

Secure Staking: CryptoHeap has security measures in place to protect your staked assets from threats and attacks.

Interest in getting more on Crypto Staking?

How to Stake on CryptoHeap:

Staking on CryptoHeap is super easy. To get started, head to CryptoHeap’s website and click the “Sign Up” button. Enter your email and set a password. Complete any verification steps like email confirmation or 2FA. 

Once you have your account set up and verified, log in to CryptoHeap and go to the wallet section to deposit. Choose the cryptocurrency you want to deposit, generate a deposit address, and transfer your funds from an external wallet or exchange. Once you initiate the deposit wait for the transaction to be confirmed on the blockchain.

Now that you have funds in your account, you can choose a staking plan. Go to the staking section of CryptoHeap and choose a plan. Each plan will have different staking periods, reward rates, and minimum staking amounts. Choose a plan that suits your investment goals and read the terms carefully. Make sure you understand the lock-up period, reward distribution schedule, and any fees.

To stake, go to the staking interface, choose the amount of cryptocurrency you want to stake, and confirm. Once confirmed you can monitor your stake in the dashboard. This section will show the amount staked, rewards earned, and the remaining staking period.

As you stake, you will earn rewards based on your chosen plan and the blockchain network’s performance. Rewards are distributed periodically and you can view them in your dashboard. Depending on CryptoHeap’s policy you may be able to claim your rewards or reinvest them into another staking plan. Reinvesting will compound your returns over time.

If you want to withdraw your staked assets, read the withdrawal terms as some plans may have a lock-up period. Go to the withdrawal section, choose the amount you want to withdraw, and confirm. Follow the additional instructions provided by CryptoHeap to complete the withdrawal process and your funds will be transferred to your external wallet or account.

Ways to Earn More & More….

There are plenty of different cryptocurrencies available for you to choose from. So, you can decide based on your investment goal!

Chance to get More Rewards….

CryptoHeap’s affiliate program is a special perk for our loyal investors. As an affiliate, you can earn commissions by bringing in new users to our platform. 

For every first-level referral you bring in you will get 3.5% of their activity. And for second-level referrals who are introduced through your direct referrals, you will get 1.5%. This tiered commission structure rewards your direct efforts and also acknowledges the value of your network so you have an ongoing incentive to grow our community and increase your earnings.

Summary

Cardano is a great example of blockchain innovation and its recent transaction volume shows its growing presence in the market. Staking ADA is a way to earn rewards and support the network. Choose CryptoHeap for your staking and get the most out of your ADA.

Stake with CryptoHeap now and unlock your ADA. Earn staking rewards and support Cardano.

This week, we saw pivotal shifts and strategic collaborations in the crypto world. The Montenegro Appellate Court’s decision to extradite Do Kwon to South Korea rather than the U.S. was the most significant event. Meanwhile, Trust Wallet’s new partnership with The Open Network (TON) promises to enhance blockchain transactions. Thirdly, GnosisDAO unveiled Gnosis AI, aiming to merge AI technology with Web3 to improve prediction markets. Additionally, the SEC charged BitClout founder Nader Al-Naji with multi-million-dollar fraud, reflecting ongoing regulatory scrutiny. Lastly, Ondo Finance’s launch of USDY on the Aptos blockchain introduced a new tokenized U.S. Treasury asset, marking a significant step in blending traditional finance with DeFi.

Montenegro Court Rules Do Kwon to Be Extradited to South Korea

In the most significant development for the crypto industry, Montenegro’s Appellate Court ruled that Do Kwon, co-founder of Terraform Labs, will be extradited to South Korea, not the U.S. This decision concludes a legal dispute over where Kwon should face charges related to the collapse of his cryptocurrency project.

Kwon, who faces negligence charges over the $60B collapse of the TerraUSD and Luna tokens, will now be tried in South Korea. He became a fugitive after a 2022 arrest warrant from South Korea, leading to international efforts to apprehend him. The U.S. had also charged Kwon with cryptocurrency fraud, seeking $4.47 billion in restitution and fines.

The court’s ruling aligns with Montenegro’s legal framework favoring the South Korean extradition request over the U.S. Kwon was previously arrested in Montenegro in April 2023 after attempting to evade deportation using a fake passport. This ruling highlights the ongoing scrutiny of cryptocurrency practices and the importance of international legal cooperation in addressing financial crimes.

Trust Wallet Partners with TON to Enhance Crypto Transactions

This week, Trust Wallet teamed up with The Open Network (TON) to integrate its services with TON’s platform, aiming to boost blockchain adoption. This partnership focuses on streamlining transactions with Toncoin (TON), TON’s native cryptocurrency, directly from Trust Wallet.

The collaboration will enhance the use of Trust Wallet by simplifying transactions and expanding access to TON’s ecosystem. It will also support single-chain and cross-chain swaps, and potentially include TON NFTs. Users can soon import TonKeeper wallets into Trust Wallet, and future updates will integrate TON Connect and various TON DApps, enriching the user experience and broadening Trust Wallet’s capabilities.

GnosisDAO Launches Gnosis AI to Merge Web3 and AI

GnosisDAO has introduced Gnosis AI, a new division under Gnosis Labs, aiming to blend Web3 and artificial intelligence. This initiative, shared on their social media, focuses on integrating AI agents into Web3’s prediction markets, an area where GnosisDAO has extensive experience. Gnosis AI will enhance prediction markets by leveraging AI agents to improve accuracy and efficiency in forecasting and decision-making.

The platform aims to refine these trading agents to align with its “truth teller” vision, with top agents currently achieving around 65% accuracy. One notable AI agent, “Social Agent,” will analyze client bets to enhance public relations and market understanding.

SEC Charged BitClout Founder Nader Al-Naji with Multi-Million Dollar Fraud

The SEC has charged Nader Al-Naji, BitClout founder, with a multi-million-dollar crypto fraud. Al-Naji is accused of misleading investors about BitClout’s native token (BTCLT) and using over $7M for personal expenses. According to the SEC, Al-Naji raised over $257M through unregistered sales of $BTCLT tokens starting in November 2020. He allegedly used funds for lavish personal expenditures, including a Beverly Hills mansion and cash gifts.

The SEC also accuses Al-Naji of attempting to evade regulation by portraying BitClout as a decentralized project, despite evidence to the contrary. This included obtaining a misleading legal opinion to misrepresent the project’s status. Al-Naji faces civil charges for violating securities laws, and the U.S. Attorney’s Office for the Southern District of New York has also filed criminal charges against him.

USDY Makes Debut on Aptos to Revolutionizing DeFi with Tokenized Treasury Assets

Ondo Finance has launched USDY on the Aptos blockchain, marking the introduction of the first tokenized U.S. Treasury asset in the Aptos ecosystem. This move integrates traditional financial stability with the innovative potential of decentralized finance (DeFi). USDY offers a 5.3% APY yield while providing institutional-grade security backed by U.S. Treasuries. This new stablecoin enhances options in Aptos’s DeFi space and extends its benefits to global investors.

The launch of USDY boosts Aptos’s DeFi landscape by integrating with major protocols managing over $250M in total value locked (TVL). It will enhance liquidity pools, serve as collateral, and support financial instruments like Collateralized Debt Positions (CDPs) and derivatives. Nathan Allman of Ondo Finance and Jerome Ong from the Aptos Foundation both praised the launch.

Conclusion

In summary, this week has been pivotal for the cryptocurrency sector, showcasing significant legal, regulatory, and technological developments. The extradition of Do Kwon to South Korea highlights the global legal challenges within the crypto space, while Trust Wallet’s partnership with TON represents a major step forward in blockchain integration. GnosisDAO’s launch of Gnosis AI promises to innovate prediction markets, and the SEC’s charges against BitClout’s founder underline the increasing scrutiny of crypto ventures. Meanwhile, Ondo Finance’s introduction of USDY on Aptos signals a noteworthy advancement in merging traditional finance with DeFi. These events underscore the evolving landscape of cryptocurrency and its intersection with regulatory and technological advancements.

The top stablecoin USDT has been breaking its records throughout 2024 with more than 18 million weekly EVM-chain transfers. IntoTheBlock, an AI-driven programmable platform for financial services facilitating DeFi institutional investors, has mentioned that this significant per-week amount of transfers indicates a remarkable development for the chief stablecoin. The platform took to its official social media account to provide details regarding this.

🚀 USDT has been breaking records all year with over 18M weekly transactions on EVM chains! 78% of these transactions occur on the @trondao , making it the go-to choice for transfers. pic.twitter.com/Hw6C3oAP5y

— IntoTheBlock (@intotheblock) August 3, 2024

USDT Sees Exclusive Spike in Weekly EVM-Chain Transactions During 2024

In its latest X post, IntoTheBlock mentioned that seventy percent of the respective transfers took place on the Tron network. This turned the crypto token into a go-to choice in the case of transactions. Tron operates as a stablecoin with low fees as well as decreased price fluctuations. This has paved the way for decreased fees. These factors have reportedly contributed to USDT’s popularity in terms of transactions.

Apart from that, IntoTheBlock asserted that ninety-four percent of the total value of the crypto token is locked within the Tron ecosystem. Along with that, the market capitalization of USDT has also presented a positive outlook. According to IntoTheBlock, USDT reported a substantial $5.2B profit during the 1st half of the current year.

USDT Leads the Stablecoin Market Growth Following Terra UST’s Crash

Moreover, the market capitalization of USDT touched up to $120B. Additionally, the growth of the overall market of the stablecoin has also increased. It has reportedly witnessed its largest market capitalization following the crash of the UST of Terra. According to IntoTheBlock, this paved the way for the leading position of USDT in terms of growth.

Blockchainedbb, a famous crypto analyst, has recently offered a comprehensive market update, indicating expected price movements of Bitcoin in the next months. According to Blockchainedbb, August will see slow BTC price movements, with liquidity being swept below the mark of $60,000. The platform disclosed this analysis on its official X account. The chief crypto token is currently trading at $60,700.

There is no change in update Aadarsh . We are waiting for liquidity to be swept below 60k . August doesn’t move much . We are expecting btc to bounce to 65k area between august 8th to 20th and stay range bound . We are anticipating a decent drop to 55-57k in Sep . We are… https://t.co/za4dcM2KVs

— Blockchainedbb (@blockchainedbb) August 3, 2024

Blockchainedbb Anticipates Slower BTC Price movements in August, with a Correction Coming in September

In its recent X post, Blockchainedbb noted that despite the overall slow performance in August, it anticipates a price jump. According to it, this price spike will take the value of Bitcoin to $65,000 from the 8th to the 20th of August. Following the respective brief jump, the top crypto token will potentially remain within a range during the next days of August. After that, a huge market correction will reportedly take place.

Crypto Investors Have the Potential to Generate Funds with Meme Tokens Before Election

As a result of this, the price of Bitcoin will dip to the range between $55,000 and $57,000. The respective slump plays the role of a natural correction after the movements in August. Additionally, it will potentially deliver buying opportunities to facilitate investors and traders alike. After the slump in September, Blockchainedbb expects a big pump.

The platform forecasts BTC to jump to the range between $68,000 and $71,000 in the period that resulted in the election. The respective pre-election rally will expectedly drive speculation and market activity. Blockchainedbb asserted that a great short will take following the election.

Ethereum plummeted after the launch of spot Ether ETFs on the New York Stock Exchange and a broader selloff in tech stocks, while Pepe witnessed volatility as a whale moved large amounts of Pepe to Binance. Meanwhile, Raboo ($RABT), a new presale token, is attracting attention with its unique features and profit potential. Currently in Stage 4 of its presale, Raboo’s impressive performance has led analysts to consider it one of the best altcoins to invest in 2024.

Ethereum declines after ETF launch

Ethereum continues to fall despite the initial optimism surrounding the approval and launch of Ethereum ETFs. Consequently, investors are now unsure if Ethereum is still one of the best cryptos to buy in 2024, with crypto experts noting that the much hyped Ethereum ETFs have not inspired a significant price rally that was expected.

The selloff which continues to cause a dip in Ethereum’s price was exacerbated by significant outflows from the newly launched ETFs, most especially Grayscale’s Ethereum Trust, which saw $326.9 million in withdrawals. While other prominent ETFs like Fidelity Ethereum Fund and Bitwise Ethereum ETF, attracted substantial inflows, the overall market sentiment remained bearish with investors cautious about making long-term investing decisions. Furthermore, the current bitcoin refund from Mt. God alongside a tank in the prices of tech stocks on major stock exchanges worldwide continues to exert a negative pressure on Ethereum’s price.

Furthermore, Ethereum’s price decline also caused a wave of long liquidations in the futures market. This liquidation process added to the selling pressure, driving prices down even further. Technically, Ethereum’s recent losses are part of a correction within a descending channel pattern, with potential support around $2,850 if the current trend continues.

Whale activity sparks volatility in Pepe price amid market uncertainty

Pepe’s declines are far from being over amid a new bearish trend that has now been attributed to significant whale deposits of 400 billion Pepe tokens worth $4.22 million to Binance, indicating substantial movements in the market at uncertain times. This whale activity underscores strategic investor maneuvers as they seek to capitalize on current trends despite the overall market decline.

Pepe continues to face strong selling pressure, struggling to break through resistance levels around $0.0000126 and falling below key moving averages. This sustained bearish sentiment is reflected in increased short-term trading activities, which have grown in the past month. As Pepe navigates these challenges, its price movements remain volatile, influenced by both investor strategies and broader market trends.

Raboo: The AI meme coin offering unique staking and high profit potential

Raboo ($RABT) presale token, an Ethereum ERC-20-based AI meme coin,  has been tipped as one of the best altcoins to invest in amidst analysts’ prediction that the meme token will revolutionize the meme coin space with its unique infusion cutting-edge technology and artificial intelligence. Raboo is on track to foster a vibrant and engaged community, which continues to foster the meme token’s adoption. Consequently, investors are now bullish on Raboo with analysts predicting a 233% surge during the presale and potentially 100x on launch day. 

Raboo introduces a Post-to-Earn platform, enabling meme coin enthusiasts to monetize their social media content. The smart contract has been audited by SOLIDProof, ensuring security and trustworthiness. The project promises a robust marketing campaign to make Raboo unforgettable, positioning it as a leading meme coin by market cap. Exciting crypto prize draws and giveaways will further engage the community and increase token visibility.

Additionally, Raboo offers a staking mechanism where buyers can stake their $RABT tokens to earn regular rewards at attractive rates. This initiative aims to solidify the project’s long-term future by encouraging community participation and investment. With these features, Raboo is poised to make a significant impact in the cryptocurrency market, leveraging Social-Fi and AI to build a strong and active user base.

Conclusion 

Ethereum’s price continues to fall due to investor sell reactions and a broader technology stock selloff, while Pepe’s volatility was exacerbated by a whale’s deposit of 400 billion Pepe tokens to Binance. Amid this market uncertainty, crypto experts are tipping Raboo, a new presale token, as the next big opportunity for investors seeking bullish sentiment and massive profits. Raboo aims to become a top 20 cryptocurrencies, challenging popular meme coins like Pepe. With over 10,400 users, Raboo is rapidly gaining adoption and is considered one of the best cryptos to buy in 2024.

You can participate in the Raboo presale here:

Telegram: https://t.me/RabootokenPortal   

Twitter: https://twitter.com/Raboo_Official 

Buying Bitcoin has been the best return on investment out of any asset class over pretty much any time scale over the past 15 years. Everyone is looking for the next Bitcoin, and there are gems out there, but getting it right is far from easy.

Crypto investors are dumping older altcoins as both the Chainlink and Shiba Inu price slide continues. Investors want the best return and that’s typically new cryptos, which LINK and SHIB were in previous cycles.

This cycle is all about cryptos that have utility and cash flow, and Rollblock ticks all the boxes. Tipped by many analysts for major returns, the presale has exceeded all expectations as investors position themselves early.

Is Bitcoin still the best return on investment?

Bitcoin has outperformed pretty much all asset classes since its inception in January 2009, and with gains of over 100 million percent, it has been the best return on investment in history. Every portfolio should include Bitcoin, but of course, those gains are gone with BTC so investors look to speculate on altcoins, especially newer ones that generally lead the bull market.

The Shiba Inu price continues to slide, as does Chainlink

The Shiba Inu price is one of the most volatile in the crypto market. Like other meme coins, SHIB isn’t known for its utility but rather for its speculative fun. However, in this cycle, crypto is going mainstream, so investors wonder if the time is up for memes like Shiba Inu.

If the Shiba Inu price is looking fragile, so is the LINK price. Down 15% in the last two weeks, investors are fleeing older alts like Chainlink in search of the next big thing. That’s not to write off Chainlink, but as with every bull cycle, the best return on investment is achieved with the newest cryptos.

RBLK

Investors are always on the lookout for the next Bitcoin, but the fact is, Bitcoin is unique. For excellent returns, however, brand-new cryptos are where it’s at, and Rollblock is potentially the best return on investment. 

Rollblock combines the best of traditional casino gaming with the transparency and security of blockchain technology. This builds trust with its game players, who will continue to come back and play.

The platform’s native token, $RBLK, is central to its ecosystem. Without it, users can’t do anything, and it’s what is available during the presale. Now in Stage 4 and up 75%, analyst predictions are looking spot on. Don’t think the boat has sailed, however, because with predictions of 880% during the presale and a further 100x after it launches, it’s clear why the presale has smashed all expectations.

Investors are attracted to the cash flow the token can generate. By integrating a revenue share model, investors can continuously earn a passive income through a share of the revenue, or staking rewards. Up to 30% APY, in fact.

The crypto market is evolving, but one thing is sure: it’s the newest cryptos that offer the best returns. Analysts are extremely bullish on Rollblock, but with the early success of the presale, they are actually starting to look conservative.

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

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

Socials: https://linktr.ee/rollblockcasino

August has just begun, and the crypto market is ready for massive rallies. Traders are actively searching for coins that could potentially deliver the highest gains, but analysts have already made their top gainer predictions. These are Cardano, Dogwifhat and Rollblock. Here’s why each project is expected to soar. 

Expert Traders Are Buying Cardano (ADA) Dip 

Cardano (ADA) has been on a downtrend since March. Even though Cardano managed to find some stability in mid-July, that sentiment didn’t last for long. At the time of writing, Cardano is trading at $0.3848 after an intra-day dip of over 2%. Major trading platforms like Binance and OKX are seeing a huge influx of Cardano, hinting towards a major sell off. 

Despite these bearish indicators, some analysts are hopeful about a huge rebound. A recent report highlighting how Cardano’s negative funding rates have increased is hinting towards an oversold condition. Historically, reaching the oversold territory means that a coin is set to make a sharp recovery soon. If that stands true, then Cardano investors may be able to reap huge gains in August by buying the dip. 

Dogwifhat (WIF) Price Plunges 6% in One Day 

Even though Dogwifhat (WIF) was showing signs of recovery in mid-July, the memecoin has now plunged to a lower low. At the time of writing, Dogwifhat (WIF) is trading at $1.90 after a massive intra-day decline of 6%. This downtrend is not news for Dogwifhat holders since the memecoin has fallen 27.85% in the past seven days. Should it continue to fall, analysts fear that Dogwifhat could drop below $1.50. 

Despite this poor performance, analysts are anticipating a huge climb for Dogwifhat in August. The memecoin’s Chaikin Money Flow (CMF) shows that the decrease is short-lived since selling pressure is still low. If the bulls take charge, then Dogwifhat’s value may rally to new highs once again. 

Rollblock’s (RBLK) GambleFi Protocol Set for Massive Gains

Rollblock (RBLK) is redefining online casinos with DeFi. By using the latest blockchain technology to resolve long-standing trust and security issues, Rollblock is all set to capture a huge chunk of the $750 billion global gambling industry. Analysts suggest that if Rollblock can maintain its current momentum, it has huge potential to become the top new DeFi token of the year. 

Rollblock’s crypto casino is fully licensed and audited by Solid Proof. Since the casino is already active and generating revenue with over 7,000 active users, analysts are predicting a huge influx of new investors soon. 

The main reason behind this rapid growth is Rollblock’s unique no-KYC policy. With lengthy verification processes no longer in the picture, players can quickly sign up and enjoy complete anonymity. 

Apart from offering 150+ casino games and a sports betting feature, Rollblock also has a revenue-share mechanism to maximize its DeFi utility. Each week, Rollblock spends up to 30% of its revenue to purchase RBLK tokens from the open market. 50% of these tokens are burned to keep supply scarce, while the remaining 50% is distributed to current investors. This gives RBLK holders huge rewards with better APYs than any other token in the market. 

Stage 4 of the Rollblock presale has become its fastest selling to date. Early investors have already seen a massive 75% surge in value, and industry experts are anticipating up to 800% gains by the end of presale. At the time of writing, Rollblock is selling at $0.0175, giving investors the perfect opportunity to get their hands on this GambleFi token before it skyrockets in August. 

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

Website: https://rollblockpresale.io/Socials: https://linktr.ee/rollblockcasino 

Crypto headlines are showing nothing but green as 3 tokens charge ahead of the pack. Dogecoin (DOGE) reignites momentum toward $1 on a Musk shoutout, Rollblock (RBLK) has 2024 estimates increased to 100x growth on a blowout in GambleFi, and Ripple (XRP) is now on track to 3x after a favorable ruling. 

Could Musk Shoutout Put Dogecoin Price Back on Track for $1?

The Dogecoin price Drew back by an additional 3% over 24 hours cutting out a slice out of its already impressive 52% rally for the year, taking Dogecoin’s price to $0.1174.

Dogecoin is the favorite token to break back above old 2021 memecoin mania highs, and a shoutout from Elon Musk might be the trigger that sends it to $1. In a recent interview, Musk mentioned that he believes in the utility of Bitcoin and really enjoys the idea of memecoins, especially Dogecoin. Musk’s opinions hold a lot of weight in the crypto world, and investors think this might be the catalyst for explosive Dogecoin growth.

Ripple Price Set to Triple as Legal Woes Come to a Close

The Ripple price is up 6% on the news that its legal woes might be ending, which puts a strong green cap on its 38% rally this month.

Ripple has been in a legal struggle with the SEC over its 2018 ICO. A recent ruling about the legal status of tokens in a related trial was a massive blow to the SEC’s case against Ripple. With the prospect that Ripple’s legal struggles will finally be behind it, investors are now expecting 3x growth or more for Ripple in 2024.

Rollblock Slated for 100x Growth in 2024

Analysts have recently revised their estimates for the GambleFi juggernaut Rollblock to 100x or more growth in 2024.

The $450 billion global gambling industry is expected to expand to $750 billion by 2028 as it increasingly migrates online. Rollblock is the only token prepared to take advantage of this enormous revenue potential, and growth estimates are now soaring as a result.

Rollblock is the first crypto casino of its kind, incorporating the latest blockchain technology to revolutionize the online gambling experience. The next generation of players wants seamless transactions, flawless security and transparent gaming, which only blockchain technology can provide.

These players also want to enjoy a novel experience every time they log in, which is why Rollblock features more than 150 of the most popular games in the industry. Rollblock also creates a sense of crypto community that is lacking in traditional online casinos by hosting regular events and giveaways.

Rollblock’s revolutionary revenue-sharing system pumps up to 30% of the casino’s daily revenues back into the market by buying up its own tokens. Half of these tokens are used as staking rewards with industry-beating APYs, and the other half are burned to limit the supply.

With Rollblock hitting all the right notes, analysts now expect its Stage 4 presale price of $0.0175 to increase more than x100 in 2024, with stage 4 of its presale almost sold out. 

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

Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino 

In a surprising turn of events, a seasoned Dogecoin (DOGE) investor has ignited a debate within the cryptocurrency community by declaring Algotech (ALGT) superior to Near Protocol (NEAR). 

The investor, known for their successful DOGE trades, has sparked controversy with their bold claim, highlighting the importance of robot trading capabilities in the evolving crypto landscape. Let’s find out how!

The DOGE Investor: Controversial Endorsement?

A prominent figure in the Dogecoin (DOGE) community, has garnered attention for their astute investment strategies. With a proven track record of success, the investor’s opinions carry significant weight within the cryptosphere. Their journey with Dogecoin (DOGE) has been marked by substantial gains, solidifying their reputation as a savvy market participant.

While Near Protocol (NEAR) has gained traction in the market, the investor believes that Algotech’s (ALGT) focus on algorithmic trading offers a distinct advantage. The platform’s ability to leverage artificial intelligence to optimize trading decisions sets it apart from competitors like Near Protocol (NEAR).

Near Protocol (NEAR) Consolidates Amidst Growing User Base

Near Protocol has been trading within a sideways channel for the past four months, with the upper and lower trendlines acting as significant resistance and support levels, respectively. This consolidation phase has prevented the coin from establishing a clear directional bias.

However, a positive trend emerges from the network’s growing user base. The number of active addresses on the Near Protocol network has surged from 57.13k in July 2023 to an impressive 1.97 million, representing a staggering 3348.28% increase. 

This substantial growth indicates heightened network activity and a growing user base, factors that could positively impact NEAR’s ecosystem and potentially drive future price appreciation.

Algotech (ALGT): AI-Powered Trading Platform Disrupts the Market

Algotech (ALGT) offers a compelling alternative to Near Protocol (NEAR), particularly for traders seeking advanced capabilities. 

The platform’s core strength lies in its robust robot trading feature, which leverages artificial intelligence and machine learning to optimize trading strategies and enhance profitability. 

By offering AI-powered algorithmic trading, Algotech goes beyond traditional financial tools, delivering hyper-personalized investment strategies and superior risk management. This cutting-edge approach positions Algotech as a disruptive force, poised to transform the way people invest. 

The platform’s presale has achieved a remarkable milestone, surpassing $10 million in funding. As the presale concludes, anticipation is building among early supporters and potential investors.

Final Insights: Investor Perspective

The DOGE investor has unequivocally stated that Algotech’s (ALGT) robot trading functionality surpasses Near Protocol’s (NEAR) offerings. The investor highlights the importance of automation in today’s fast-paced crypto market, emphasizing that Algotech (ALGT) provides traders with a competitive edge. 

While Near Protocol (NEAR) offers a solid foundation for decentralized applications, the investor believes that Algotech (ALGT) better addresses the needs of active traders. As the debate unfolds, it is evident that the role of technology, particularly in the realm of automated trading, will continue to shape the future of the industry.

For more details about this project:

Visit Algotech Presale

Join The Algotech Community

SushiSwap, a prominent decentralized exchange, has announced the completion of Chain Subscription Payment on the SKALE Network. The effective accomplishment of the respective initiative by SushiSwap enables the company to keep operating on the Europa Liquidity Hub of the Skale Network. The platform took to its official social media account on X to provide the details of this significant development.

Good news 🎉 We've made our chain subscription payment to keep Sushi cooking on the @SkaleNetwork Europa Liquidity Hub!Thanks to SKALE, validators earn from dApp subscriptions, so there are NO GAS FEES for you!Enjoy SushiSwap with zero gas fees! 🍣🚀https://t.co/kEo5LRdWrO pic.twitter.com/fikElrMPxS

— Sushi.com (@SushiSwap) August 3, 2024

SushiSwap Completes Chain Subscription Payment on Skale Network

In its latest post, SushiSwap expressed its enthusiasm for this initiative. Because of the innovative model of Skale Network, SushiSwap consumers can now leverage trading without bothering with gas fees. The respective development proves a game-changer facilitating the DeFi enthusiasts by unburdening them from high transfer charges on other platforms. The Skale Network uses an exclusive subscription-based model.

It lets validators generate yields from their dApp subscriptions. This eliminates the requirement for conventional gas fees. The respective approach not only decreases charges for consumers but also guarantees a more effective and smoother trading experience. A couple of factors that place Skale Network among prestigious platforms include efficiency and scalability. It delivers a resilient infrastructure to facilitate dApps.

The Initiative Facilitates SushiSwap Consumers with No Gas Charges

SushiSwap leverages the capabilities of Skale to improve consumer experience and bring additional traders to its forum. The Europa Liquidity Hub specifically provides streamlined transfers and substantial liquidity. This turns it into an ideal environment to benefit a well-known company like SushiSwap. SushiSwap assured its users that they can continue their operations with no gas charges following this development.

Does thinking of all the great missed opportunities in the cryptosphere make you restless? Do you regret not investing in SLOTH and STRUMP at the right time, which would have brought you sure-shot riches? MoonBag(MBAG) is here to compensate for your missed chances and give you better opportunities. 

MoonBag has proven to be one of the best crypto coin presales of all time, with a clear roadmap that will bring riches to everyone who participates. Are you ready to invest in MBAG, or do you want to miss out on this opportunity, too?

Slothana: The Sleepy Meme Coin with Surprising Strength

Thanks to its strong community support and engaging marketing, Slothana is gaining traction as a leading meme coin. The coin’s lazy sloth mascot, which lives on the Solana blockchain, resonates with younger investors. Slothana recently raised $15 million in its presale and has actively engaged its community on platforms like Reddit and Twitter. The coin’s upcoming listings, partnerships, and frequent teasers have investors optimistic about significant growth. With its unique branding and strategic market presence, Slothana is positioned for notable success in the meme coin space.

Super Trump: Riding the Political Wave

Super Trump (STRUMP) has recently created quite a buzz in the crypto world. On May 29, 2024, STRUMP’s price surged over 200%, reaching a new all-time high of $0.02298. This makes it one of the top-performing political meme coins. The upcoming U.S. presidential election and the influence of former President Donald Trump fuel the excitement around STRUMP. Investors and community members eagerly speculate on the coin’s potential to rise even further as the election draws nearer, showing strong interest and engagement with STRUMP’s prospects.

Despite the typical market ups and downs, STRUMP’s popularity continues to grow, fueled by political connections and community support.

This significant price movement reflects how political events can influence cryptocurrency values, drawing attention to coins like STRUMP linked to high-profile figures and events. The excitement around Super Trump highlights the unique intersection of politics and the crypto market, attracting a blend of political enthusiasts and investors.

MoonBag: The Presale Powerhouse

MoonBag is a promising project currently in the 7th stage of its presale, having already raised $3.8 million. Each MBAG coin is priced at $0.0005, allowing investors to get 2,000 coins for just 1 USDT. This stage offers significant growth potential, with a projected 40% ROI when the presale moves to stage 8, a 300% ROI by the end of the presale, and a 500% ROI upon listing on various crypto exchanges.

MoonBag’s strategy is built on solid foundations. Liquidity and a portion of the team’s coins are locked for two years, ensuring long-term stability and commitment. Ethereum enhances scalability and security, supporting smooth and efficient transactions.

The project’s tokenomics are meticulously designed to foster growth and reward holders. With 40% of coins allocated for the public presale, 25% for staking, and significant portions for liquidity, community incentives, and the referral system, MoonBag aims to build a sustainable and thriving economy within its community.

To stay updated and connected, join the MoonBag community on Telegram (“moonbag hq”). With Ethereum 2.0 and other scaling solutions on the horizon, MoonBag is set to handle future challenges and opportunities, making it a compelling investment opportunity.

How to Buy MoonBag 

If you want to participate in one of the best crypto coin presales, go to the official MoonBag website, connect your digital wallet, follow the steps, and buy MBAG coins.

Conclusion

Slothana, Super Trump, and MoonBag each bring unique elements to the crypto market. Slothana leverages its engaging mascot and community-driven approach to capture interest, especially among younger investors. Super Trump has seen a significant price surge, driven by political excitement and the upcoming U.S. presidential election, making it a standout political meme coin. MoonBag stands out with its best crypto coin presale, robust liquidity management, and strong community support, promising substantial ROI for early investors. Each coin appeals to different investor interests, from meme culture and political influence to structured financial growth.

Join One of The Best Crypto Coin Presales

Presale: https://moonbag.org/presale 

Whitepaper: https://moonbag.org/documents/whitepaper.pdf 

Twitter: https://twitter.com/Moonbag_org 

Telegram https://t.me/MoonBag_official

The well-known Ethereum ETF “Grayscale ETHE” has recently witnessed a huge decrease in its outflows. Arkham, a prominent blockchain analysis firm that uses AI to anonymize on-chain and blockchain data, has disclosed that Grayscale ETHE recorded an enormous eighty percent slump in its outflows during the past seven days. The platform took to its official X account to provide insights into this development.

GRAYSCALE ETHE OUTFLOWS DOWN ~80% THIS WEEKGrayscale ETHE outflows this week are down almost 80%.Monday: 108.8K ETH ($367.6M) sent to CoinbaseFriday: 24.9K ETH ($78.4M) sent to CoinbaseIs the selling almost over? 👀 pic.twitter.com/QfooUqtjqo

— Arkham (@ArkhamIntel) August 3, 2024

Grayscale ETHE Witnesses a Significant 80% Decline in Outflows in the Past 7 Days

In its recent post, the firm mentioned that the 80% plunge in the outflows of Grayscale ETHE indicates a change. As per it, the respective development points toward a likely shift in the overall market dynamics. In terms of early week outflows, Grayscale ETHE went through significant outflows of up to 108.8K ETH on Monday. This amount accounts for a value of nearly $367.6 million.

The respective big transaction of ETH moved to Coinbase, signifying substantial asset reallocation or selling pressure. Following that, by the end of the week on Friday, a remarkable reduction took place in the ETH outflows of the exchange-traded fund. The respective figure reportedly lowered to 24.9K ETH with a value of almost $78.4M. This resilient dip in the ETH volume being shifted to Coinbase highlights a decrease in selling operations.

The Decreased Outflows Imply the End of the Aggressive Selling Period

In addition to this, it also suggests a stabilization regarding investor sentiment. This shift might take into account diverse factors that have triggered it. They include reevaluation of investment plans, enhanced investor sentiment, or market stabilization. Arkham asserted that the minimized outflows could also point toward the end of the aggressive selling stage.

The meme coin market is a jungle, with over 1,300 options vying for attention. Many have vanished, while others struggle to stay afloat. If you’re tired of losses in Celo and KuCoin, it’s time to consider a new contender. MoonBag (MBAG), the best crypto coin, has emerged as a standout, boasting a highly successful presale that has already raised over $3.8 million.

Don’t miss your opportunity to be an early adopter of the MoonBag coin. The project’s innovative approach and unique value proposition attract the attention of investors seeking promising opportunities. Early participants in the presale stand to benefit from exclusive advantages and potential rewards as the project progresses. 

Celo’s Mobile-Centric Approach to Expanding Financial Inclusion

Celo has distinguished itself in cryptocurrency by pioneering a mobile-centric approach to financial inclusion. As a lightweight Proof-of-Stake Layer 1 platform, Celo leverages the widespread penetration of smartphones to enable seamless value transfers using just a phone number. This innovation targets populations traditionally underserved by conventional financial systems, offering them access to native stablecoins that bypass traditional infrastructural barriers. 

Looking ahead, based on historical price movements and BTC halving cycles, Celo’s price predictions are as follows: In 2025, the projected range spans from a low of $0.60384 to a high of $2.90, suggesting a potential gain of 387.13% if it reaches the upper target. By 2030, predictions indicate a range between $1.577401 and $2.56, with a potential gain of 329.22% from current prices if it reaches the upper end of the forecast. These projections highlight both the volatility inherent in the cryptocurrency market and the potential growth trajectories for Celo in the coming years.

KuCoin: A Blend of Accessibility and Regulatory Challenges

KuCoin is a prominent player in the cryptocurrency exchange landscape, offering a wide array of trading options and supporting over 400 cryptocurrencies. Known for its user-friendly platform, which is accessible via desktop and mobile apps, KuCoin provides a seamless trading experience designed to cater to both beginners and seasoned traders. The exchange distinguishes itself with competitive trading fees of 0.1% per trade, making it an attractive choice for cost-conscious traders. Moreover, KuCoin’s commitment to listing small market cap tokens underscores its role in fostering diversity within the cryptocurrency market, potentially offering growth opportunities for investors interested in emerging digital assets.

Despite its strengths, KuCoin faces challenges from legal scrutiny and regulatory issues. Recent allegations regarding compliance with anti-money laundering laws have cast uncertainties on its operations and reputation. These concerns have impacted investor sentiment, reflected in a decline in the exchange’s market value. Nonetheless, KuCoin continues to navigate these challenges while striving to maintain its position as a worldwide versatile platform for cryptocurrency enthusiasts.

Embrace the future of finance with MoonBag’s Best Crypto Coin Presale!!

MoonBag’s presale is in full swing, and Stage 7 offers an incredible opportunity for investors. Each MoonBag coin is currently priced at $0.0005, but the potential for massive returns is undeniable. Early investors have already seen their investments soar by 1400%, and with the price set to increase by 66.67% in the next stage, there’s never been a better time to join the MoonBag community. MoonBag has implemented a robust liquidity plan to ensure long-term growth and stability.

MoonBag coin has introduced a generous referral program to make the journey even more exciting. By sharing a unique referral code, users can earn 50% extra MoonBag coins for every friend who invests $25 or more. The top 20 referrers each month will be rewarded with 10% of the total referral revenue in USDC. This win-win program benefits the referrer, helps expand the MoonBag community, and drives up the price. Take advantage of this cosmic opportunity to join the MoonBag adventure! With its promising presale, rock-solid liquidity plan, and exciting referral program, MoonBag coin is poised for greatness.

How to buy MBAG Coins?

To take full advantage of everything MoonBag offers its investors, you’ll need to buy MBAG coins and join the presale. If you’re a first-time investor, start by setting up your crypto wallet and funding it with your preferred cryptocurrency. Once your wallet is ready, visit MoonBag’s website, click the ‘Connect Wallet’ button, and follow the on-page instructions. You can complete your purchase of MBAG coins within minutes, but remember, you can only claim your coins once the presale is over.

Conclusion

MoonBag’s meteoric rise in crypto highlights its impressive presale performance, having raised over $3.8 million in its seventh stage. Investors disillusioned by losses in Celo and KuCoin are finding new hope in MoonBag’s promising prospects. The project’s unique approach and early success attract smart investors keen on seizing lucrative opportunities in the evolving crypto landscape. Don’t miss the chance to embark on this exciting journey with MoonBag and potentially reap significant benefits in the burgeoning crypto market. Investing early and taking advantage of MoonBag’s referral programme can maximise your gains while contributing to a more trustworthy financial system.

Invest in MoonBag Presale 

Presale: https://moonbag.org/presale 

Whitepaper: https://moonbag.org/documents/whitepaper.pdf 

Twitter: https://twitter.com/Moonbag_org 

Telegram https://t.me/MoonBag_official

Bitcoin (BTC) whales have accumulated approximately 84,000 Bitcoin during July 2024. This is the largest monthly accumulation in the last 10 years. Reports reveal that BTC accumulation has reached to a new peak since October 2014 and crypto whales are buying the price dip to their fullest.

Bitcoin whales purchased over 84,000 #Bitcoin in July, marking the highest volume since October 2014. 🐋accumulating.⛰️ pic.twitter.com/AhACtyewTG

— Poloniex Exchange (@Poloniex) August 3, 2024

Whales are Withdrawing and Accumulating Bitcoins

Crypto giants have been accumulating Bitcoin after the halving and such accumulation sets a new peak of $BTC accumulation over the last decade. After October 2014, Bitcoin has been evident of many price fluctuations but now, after Bitcoin’s 4th halving in 2024, crypto whales are now purchasing large sums of Bitcoin and this accumulation reaches over 84,000 $BTC in July 2024.

As we reported yesterday that a fresh whale withdrew 46,000 Bitcoins from Bitfinix exchange making it the latest transaction of this magnitude. Such large volume of withdrawals predicts that crypto institutions are accumulating Bitcoin for the next big bull run. Such transactions have reached to a new 10-year peak accumulation of Bitcoin since 2014.

BTC Accumulation Increases Amid Price Drop

If we dive into the data shared by analytical firms, we shall come to know that many crypto whales are purchasing Bitcoin during the price drop. Last month, $BTC’s price seemed to be extremely volatile and Greed and Fear Index remained in greed zone what gives much confidence to crypto whales to invest in Bitcoin and accumulate it to yield maximum profit in the next bull run.

As per Tradingview data, wallet addresses holding at least 0.1% of Bitcoin’s circulating supply added over 84,000 BTC during July 2024. Such accumulation shows that soon Bitcoin will pump and hit $70k as market seems optimistic, and whales are preparing themselves for the next bull run.

Bitcoin dominance is on track to reach a new high, with predictions suggesting it is approaching a key resistance area, according to Michaël van de Poppe, CIO and Founder of MN Trading Consultancy.

#Bitcoin dominance is going to hit a new high, through which it's also approaching the resistance area.No confirmation of an actual resistance, but given the current uncertainty on the boards, we're likely going to be hitting it in the final capitulation. pic.twitter.com/gjovLQ2SGw

— Michaël van de Poppe (@CryptoMichNL) August 3, 2024

Bitcoin Faces Potential Resistance Amid Market Volatility

Bitcoin dominance is calculated by dividing the total cryptocurrency market capitalization with the market cap of Bitcoin. From the analysis by Van de Poppe, it is evident that in the future, Bitcoin will be faced with a key level of resistance, which may slow down the price of Bitcoin.

At the moment, one cannot speak about any clearly defined level of resistance. However, as seen in the market volatility, there might be intervention or resistance level for BTC soon. This could potentially happen during a final capitulation. This may force the investors to sell holdings, a move that might decline the price.

Resistance Levels Crucial for Bitcoin’s Price Trends, Says Analyst

Identification of resistance levels is vital as it assist in illustrating whether the price may continue to rise or experience some rejections. It is also important to find out how Bitcoin will act in the short term if it comes to this resistance level.

Lastly, Van de Poppe conveys the idea that there is uncertainty in the market, and that the market does not know what to expect. However, constant dominance of BTC in the total market may lead to shifts in the market. Market participants are waiting to these changes to see not only the future of Bitcoin but also the rest of the decentralized financial industry.

A recent report by Lookonchain, a leading blockchain analytics platform, sheds light on a particularly extraordinary trading event involving the WIF token—a notable memecoin that has seen dramatic price movements and speculative interest.

5 wallets(may belong to the same person) sold 14.53M $WIF($24M) 7 hours ago!Incredibly, this guy bought 14.53M $WIF on Nov 30, 2023, and the cost was only $5,340!He got a 4,497x return!If he sold at the highest price, he would have made a profit of more than $69M, a 12,927x… pic.twitter.com/Of1kpEwOze

— Lookonchain (@lookonchain) August 3, 2024

Stellar Returns on Investment

According to Lookonchain, a set of transactions caught the eye of analysts and traders alike due to the enormous returns they generated for one or potentially a group of investors. The report identifies five wallets, presumably under the same ownership, that executed a sale of 14.53 million WIF tokens. 

These tokens were originally purchased on November 30, 2023, for a mere $5,340 but were sold just recently for a staggering $24 million. This trade represents a return of approximately 4,497 times the initial investment.

The timing and execution of these transactions are notable. The owner(s) of these wallets bought the tokens at a significantly lower price and chose to sell them after a substantial appreciation in value. If sold at the peak price, the profits could have escalated to more than $69 million, indicating a potential 12,927-fold increase, which underscores the speculative nature of this market.

Currently, the WIF token is experiencing a downturn, trading at $1.70, which represents an 11% decline in the last 24 hours and a 36.3% decrease over the past week.

In a recent action on Binance, a Memecoin investor has made significant returns by depositing 127.5M $MEME. A well-known on-chain analytics platform Lookonchain disclosed that the investor made a substantial profit of up to $1.41 million on the respective deposit. The on-chain analytics firm provided the details of the respective event on its official social media account on X.

A Memecoin pre-sale investor deposited 127.5M $MEME($1.55M) to #Binance 1 hour ago, earning $1.41M.Memecoin( $MEME) raised $15.8M through 2 rounds of pre-sales, the pre-sale price is $0.001.https://t.co/bGorr47HDo pic.twitter.com/WRsOczSTup

— Lookonchain (@lookonchain) August 3, 2024

A Pre-Sale Investor of Memecoin Earns $1.41M after Depositing 127.5M $MEME

Lookonchain mentioned that the amount of tokens that the pre-sale investor deposited accounted for a value of $127.5M. The respective transfer reportedly took place only 1 hour back. As a result of this transaction, the investor made massive earnings. The huge deposit denotes a noteworthy fund movement within the ecosystem of Memecoin.

From the respective deposit, the immense profit of the investor emphasizes the rewarding nature of initial investments in the overall volatile crypto market. Particularly, the latest event focuses on the profitable opportunities in the memecoin realm. Memecoin effectively collected $15.8M via 2 pre-sale rounds. This large amount specifies resilient investor confidence and interest in Memecoin’s potential.

Such Transfers Can Potentially Lead to Price Fluctuations and Trading Volume Shifts

During Memecoin’s pre-sale round, the price of the $MEME tokens was just $0.001. The respective decreased entry price provided a fine opportunity for the investors to obtain tokens in big quantities. The respective development raised the value of the token following the pre-sale rounds. According to Lookonchain, big transfers like that of the above-mentioned pre-sale investor can affect the market dynamics, such as price fluctuations and trading volumes.

A top market analyst who became famous for making 5000x gains buying the Solana (SOL) ICO at $0.22 and selling at $250 for $50 million profits headlines the crypto industry as he picks the ETFSwap (ETFS) undervalued ICO as the next million-dollar investment opportunity that could replicate the high ROI of the SOL presale token.

Solana Suffers Price Crashes As Investors Move Over To Next Big ICO

Solana (SOL) has suffered price crashes following the massive liquidations of the SOL altcoin by top investors who diversified portfolios into the biggest ICO presale of the decade. Top sources identify a large influx of Solana investors into the ETFSwap viral ICO presale, selling out fast at $0.01831. According to top analysts, this major investment switch by Solana investors into the ETFSwap (ETFS) viral ICO can be linked to the massive FOMO in the crypto community driven by a famous veteran analyst.

Reports on top crypto news platforms reveal a famous veteran market analyst who profited up to 5000x investing into the Solana ICO in 2020  to have driven FOMO of smart investors into the ETFS DeFi token after picking ETFSwap (ETFS) ICO as the next big thing in the crypto industry. Solana price trading at $172.9 has recorded 3.62% losses on the daily chart trading timeframe. It has also been observed to struggle in its support zone as the ETFSwap (ETFS) viral ICO takes the crypto spotlight.

Veteran Analyst Rotates $25 Million SOL Profits Into ETFSwap (ETFS) Viral ICO

ETFSwap (ETFS) viral ICO bought up by smart investors at $0.01831 is experiencing a massive surge in its presale trading volumes after receiving $25 million inflows from a veteran analyst who made 5000x investing into the SOL ICO in 2020. The ETFS utility token is programmed to surpass Solana in gains to smart presale investors as it is backed by a strong investor community and utilized on its next-generation DeFi trading platform. 

ETFSwap (ETFS) is a next-generation DeFi platform that provides smart crypto traders and investors with advanced AI trading tools that they can use to scale profit returns on digital asset investments up to 100x. Its DeFi platform is renowned in the crypto community for listing highly sought-after tokenized ETFs that can be found only on institutional trading platforms. The DeFi platform listings of rich tokenized ETFs, including bond, spot Bitcoin, spot Ethereum, leveraged, equity, and commodity ETFs, among others, have the potential to scale small dollar investments into six figures. 

The ETFSwap (ETFS) DeFi platform is user-friendly and flexible in its offerings to smart crypto investors. It offers crypto traders and investors up to 100x leverage on its DeFi platform to amplify profit returns on tokenized ETF investments up to 46,000%. Smart crypto traders leverage its advanced DeFi platform to profitably trade futures and perpetual contracts of desired cryptocurrencies using its premium AI  tools and effective trading strategies. ETFSwap (ETFS) DeFi platform is designed to scale small investors’ profitability and wealth-building capabilities as it provides unrestricted access to institutional-grade investment products. 

ETFSwap (ETFS) is a top player in the tokenization industry, allowing smart users and investors to tokenize their real-world assets (RWA) and securities and to trade them on-chain for good profits. Investors and users can seamlessly liquidate their tokenized funds and profits without hassles, as the DeFi platform guarantees instant settlements on the go. ETFSwap (ETFS) tokenized ETF staking compatibility allows users and stakers to earn passive income when they provide liquidity to the DeFi platform. 

ETFSwap (ETFS)  boasts to be one of the safest DeFi platforms as CyberScope has audited its smart contracts with no vulnerabilities discovered. The hardworking project team behind ETFSwap (ETFS) development has also completed mandatory KYC protocols with SolidProof.

Conclusion

ETFSwap (ETFS) viral ICO, offered up at a mouth-watering deal, presents smart crypto investors with a generational wealth opportunity that will be talked about in years to come as veteran analysts and institutional players rotate significant dollar investments into the presale.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

The US BTC and ETH ETFs recently saw substantial outflows on the 2nd of August. Spot On Chain, a popular on-chain analytics provider, revealed that Bitcoin ETFs witnessed $237M in outflows while Ethereum ETFs recorded $54M in outflows. The on-chain analytics firm disclosed this sudden development on its official X account.

🚨 US #ETF 02 AUG: 🔴$237M to $BTC and 🔴$54M to $ETH🌟 BTC ETF UPDATE (final): -$237M• This is the biggest outflow since May 2!• The 10 US Bitcoin ETFs saw a total outflow of $80.7M this week (outflows on 2/5 trading days).• 8 US BTC ETFs, excluding #BlackRock (IBIT)… pic.twitter.com/XHKOOzd0ne

— Spot On Chain (@spotonchain) August 3, 2024

Bitcoin and Ethereum ETFs Record Enormous Outflows on 2nd August

The platform noted that the BTC ETFs went through the biggest outflow since the 2nd of May. In this respect, a significant amount of up to $237M exited the ETFs on the 2nd of August. The respective event denotes a noteworthy change in the overall market dynamics concerning BTC ETFs in the US. The exclusion of $237M highlights the most extensive single-day outflow during the recent months.

In addition to this, it also points toward the mounting selling pressure influencing the investors’ profit. During the recent seven days, the ten US BTC exchange-traded funds recorded a total outflow of up to $80.7M. Interestingly, outflows took place on two out of five trading days. This signifies a tendency of decreased portfolio rebalancing or investor confidence. Notably, eight of ten Bitcoin ETFs in the US did not see any inflows throughout this trading week.

The Mounting Outflows Suggest a Decrease in Investor Enthusiasm

Nonetheless, the IBIT of BlackRock and Grayscale Mini emerged as exceptions. The potential reason behind their inflows includes their resilient investor trust or market positions. The Ethereum ETFs also witnessed an analogously bleak scenario. They saw $54M in cumulative outflows on the 2nd of August. This contributed to a wider trend of lowered inflows and spiking outflows. The 9 US ETH ETFs incurred outflows of up to $169M during the 2nd week of trading.

The outflows occurred on three days out of a total of five trading days. The respective constant outflow indicates strategic withdrawals or declining investor interest. The ETHE fund of Grayscale beheld an exclusive least outflow of $61.4M. This highlights a retreat from a prominent player in the ETF sector of Ethereum. The rest of the eight ETH ETFs additionally recorded decreased inflows. According to Spot On Chain, this suggests a wider trend of decreasing investor enthusiasm concerning ETH ETFs.