On-chain analysis shows that long-term Bitcoin holders have amassed a massive $10 billion over the last week. This could have a significant impact on Bitcoin’s price, potentially setting projects like ImmutableX up for success during the next bull market. Meanwhile, crypto casino Rollblock is ready to disrupt the entire GambleFi space with its innovative platform. Here’s why analysts are bullish.
Whales Accumulate Bitcoin Amid Declines
Long-term Bitcoin wallets have surpassed $10 billion in total capital. This show of conviction highlights the growing maturity of the market and is a testament to the philosophy underpinning Bitcoin.
As August draws to an end, Bitcoin is selling for $59,000 and continues to move in the same narrow channel. Last week Bitcoin soared above $64,000 but failed to sustain this level as it plunged back to range lows. Analysts believe the worst has passed and expect September, a historically red month, to be more of the same.
ImmutableX Selling Shovels In A Goldrush
ImmutableX is an Ethereum-based L2 platform focused on NFTs and Web3 gaming. As crypto gaming is gearing up for a major comeback, ImmutableX will provide an ecosystem for developing and deploying gaming projects. This is one of the reasons why experts believe that ImmutableX could become a cornerstone in the gaming space.
Right now, ImmutableX is priced at $1.48 following a 2% decrease in the last 24 hours. ImmutableX has experienced a major recovery and is consolidating on higher levels, a decisively bullish sign, given the turbulence most other majors are experiencing.
Rollblock: Crypto Gambling Done Right
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Rollblock is a name that online gambling aficionados will start hearing more and more often. The community-backed crypto casino has a multitude of aces up its sleeve that have the potential to shake up the $450 billion online casino industry.
By merging DeFi and TradFi, Rollblocks brings the best of both worlds to the table, as it impresses enthusiasts with its intuitive and seamless interface.
Privacy is of paramount importance for Rollblock, which has opted for a no-KYC policy, allowing users to join just by connecting their wallet. 150 AI-powered games await, with sports betting to be added in the upcoming months.
Community is key and Rollblock’s vision will allow investors to earn a passive income stream. Here’s how this works. Up to 30% of the weekly revenue is used to RBLK tokens on the open market. Half of this amount is redistributed to holders as staking rewards while the rest is removed from the supply via burning, promoting sustainable price growth.
Right now, stage 6 of the presale is rolling out and early buyers are already up 140% with RBLK selling for $0.024. A further 800% surge is expected as demand is skyrocketing and each round of the presale sells out faster than the previous one.
As the GambleFi narrative gains traction and listings on major exchanges are finalized, analysts predict a legendary 100x in 2025. The crypto play of the year is Rollblock and investors who capitalize on this opportunity could see incredible returns!
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Website: https://presale.rollblock.io/
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