Crypto whales may be mysterious, but they are human beings just like you and me. Just because they have huge amounts of capital doesn’t mean they aren’t prone to making serious mistakes. Recently, a memecoin whale poured a lot of money into PEPE, a decision that ended up costing them a lot of money. Read on to discover the ins and outs of the matter and how much they would have made had they invested in Rollblock, a leading moonshot token.#RollBlock
How a Crypto Whale Lost Nearly $500,000 Due to PEPE Drop
For most of the year, the PEPE meme coin traded mostly sideways. But towards the end of November, the meme coin surged to reach an all-time high above $0.000025.
At the peak of this rally, a crypto whale got carried away with PEPE FOMO and decided to spend 4.75 wBTC and 150,000 USDC (about $1.59 million total) to buy 60 billion PEPE tokens.
Unfortunately, the cryptocurrency market crashed at that time and the price of PEPE plummeted. The trader panicked and immediately decided to sell all 60 billion PEPE tokens at a loss. The result? They ended up losing $477,000.
Essentially, the whale was chasing quick profits and was taking losses. Meme coins look shiny but there’s no point in getting caught up in the hype too quickly. The whale would have been better off investing in a utility token like Rollblock.
What would be the return on investment of $1.6 million in RBLK investment?
Rollblock is the leading presale token that powers the cutting-edge crypto casino. It has raised over $7.5 million with over 10 million RBLK tokens sold. Rollblock has increased in value by over 300% since its launch, which is why it is making big changes.
If that crypto whale had invested $1.6 million in Rollblock, they would have made a whopping $3.2 million! And since Rollblock is expected to rise by 800% during the presale, they would have nearly $10 million in the bag by the time the ICO ends.
Rollblock has been growing at a geometric pace. This crypto platform is a haven for gamblers, as it is provably fair, thanks to blockchain integration. This means it is completely transparent, and does not cheat its users.
This type of feature is rare in the iGaming world, but Rollblock doesn’t stop there. It also offers staking rewards which are deflationary in nature. This feature retains its value and ensures long-term success. As a result, Rollblock is ideal for both short-term and long-term gains.
Join the Rollblock Crypto Presale Before It's Too Late
Cryptocurrency investors don’t need to have millions of dollars to make big profits from Rollblock. The presale is currently available for just $0.043, which is very affordable for the average cryptocurrency investor.
This token is poised to dominate the iGaming market, which is currently worth over $500 billion. Realizing even a fraction of this potential would send the price of Rollblock skyrocketing to the moon. This would bring huge profits to early investors in this massive cryptocurrency.
However, it is imperative to act quickly. The Rollblock pre-sale is running out quickly and the window of opportunity it offers will not stay open forever.