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Amid Gradual Positivity For The Year, Huge Whale Move Shakes Quant Token\'s Potential

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Release: 2024-06-23 17:20:12
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Quant (QNT) Network experienced a bountiful growth in the last three years after being launched as a software focused on building connections

Amid Gradual Positivity For The Year, Huge Whale Move Shakes Quant Token's Potential

The past few months in the altcoin market have been quite tense as most top altcoins are showcasing alternating signals, disrupting investment decisions on a large scale. Just recently a whale made a huge move with Quant tokens worth $9.76 million. This move has brought negative sentiment and Quant token, resembling the downturn momentum of Ripple coin. Still inflicted by SEC allegations, Ripple is having a hard time progressing. On the other hand, this new online crypto casino platform called Rollblock (RBLK) is drawing a lot of investors’ interest due to its potential to realize a 10x price pump very soon.

Amid Gradual Positivity For The Year, Huge Whale Move Shakes Quant Token’s Potential

Quant (QNT) Network experienced a bountiful growth in the last three years after being launched as a software focused on building connections (i.e ensuring interoperability) between existing distributed ledger networks. The native QNT token saw surging interest due to this, with its price hitting an ATH of $428.

While the Quant token has drastically reduced to its lowest levels, the small price jump it experienced at the start of the year was a positive move to most investors. However, as a whale offloaded 118,009 $QNT tokens (worth $9.76M) to Kraken Exchange after holding for six years, investors are not so confident about this token’s trajectory.

Additionally, Quant token prices even dropped by 10% after this move. Regardless, it’s possible that this whale made their move too early as Quant token may still be able to feature among top altcoins with highest gains this year.

Rollblock’s (RBLK) Projected 10x Growth In Q3 Is Highly Likely Due to Alluring Ecosystem

The potential for Rollblock (RBLK) to surpass most GameFi tokens in the altcoin market is one very likely possibility but another likely occurrence would be the token realizing a 10x growth in Q3. After already progressing by 40% moving from $0.01 to $0.014, experts are already predicting as much as 20x gains before the end of the year, posing Rollblock as a top choice among top cryptos to buy in 2024.

As a GambleFi protocol, Rollblock runs a fully operational online casino platform where players can access over 150 games and 20 cryptocurrencies to transact within its platform. Adding more appeal to its network, Rollblock eliminates the need for KYC checks in order to ensure easy access to its platform. This, alongside its focus on passive income, privacy, transparency, and security positions Rollblock to become a giant in the DeFi market.

Rollblock’s efforts to create a steady income mechanism stems from its revenue share model. This feature involves Rollblock sacrificing 30% of its weekly revenue to buy back RBLK tokens from the open market. Half of these are removed from circulation through a burning mechanism while the other half are reserved for staking reward. This not only provides passive income for token holders but also boosts the valuation of RBLK tokens.

The project is also set to introduce sports betting in the coming weeks, which will allow users to bet on a wide number of markets across the biggest sporting events in the world. This should see a significant increase in the revenue of the GambleFi protocol, something that will add great benefit for RBLK token holders.

Meanwhile, Rollblock is already in the third stage of its presale and it has raised over $760K so far, showing incredible growth potential so far. Rollblock can possibly raise over $1M this month however, there will be a huge opportunity for outstanding growth when it finally makes its launch into the GameFi market through CEX and DEX listings.

SEC Lawsuit Cripples $XRP Yet Ripple Network Shows Efforts At Growth

Since late 2021, Ripple (XRP) coin has been suffering from a bullish and sometimes consolidating pressure due to the effects of SEC’s Lawsuit which is still yet to be settled. Despite the recent price stagnation of Ripple coin, the network is still shooting for partnerships and developments.

For instance, Ripple has acquired blockchain firm Metaco and Standard Custody & Trust Company. It also plans to launch a stablecoin for the XRPL ecosystem. Ripple’s attempt to rank highly again as a top crypto to buy is undeniable.

When Precisely Is Rollblock Likely To Realize a 10X Growth?

Rollblock is currently 40% up its starting price, sitting exactly at $0.014 in the third stage of its presale. So a 10x growth to $0.14 would most likely occur before the end of its presale, somewhere around mid or late Q3 meaning investors could see further upside when it comes to being listed on major exchanges.

News source:https://www.kdj.com/cryptocurrencies-news/articles/gradual-positivity-huge-whale-move-shakes-quant-token-potential.html

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source:kdj.com
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