Crypto whales scoop up Rollblock, XRP, and Shiba Inu in August

Crypto whales shift focus from speculation to innovation, with Rollblock, XRP, and Shiba Inu leading the charge despite August drop.

Unlike the early 2024 meme-riddled frenzy, the narrative has changed, and crypto whales have started scooping up innovation – rather than speculation. Despite the gut-wrenching drop this August, crypto whales have found solace in a trio of tokens: Rollblock, XRP, and Shiba Inu. 

XRP won its legal battle, and Shiba Inu’s price turned bullish following monumental ecosystem development. But none has been as attractive as Rollblock’s iGaming solution and cosmic rise in presale. The snap-up is getting more alarming. Its ICO went up 140% after raking up $2.9M in investment.

Ripple’s legal win triggers rebound on XRP price

XRP is gearing up to roar back to life after its massive legal triumph over the US SEC. Since then, key metrics have pointed to surging crypto whales and investors’ interest in the XRP price. In fact, on-chain data shows deep-pocketed XRP whales accumulated over 50M XRP tokens in a single day. 

Additionally, Ripple’s ecosystem development and institutional adoption have increased significantly. The cross-border remittance network announced its RLUSD stablecoin, a value-driven addition that could significantly increase its utility and appreciation.

Shiba Inu price analysis: SHIB gears up for 50% run amid ecosystem development

Shiba Inu’s price has been on a rollercoaster ride since the year started. However, a look at crypto whale activities shows SHIB is primed for redemption on the price chart. LookonChain data shows crypto whale inflows have surged 218.84% over the last 30 days. The surge in daily active users and ecosystem activities on the layer-two Shibarium network has been an important catalyst for this positive sentiment. Another is the upcoming Shiba Inu DAO launch, which is expected to drive up community engagement and adoption. At the moment, Shiba Inu’s price is still down at $0.000014, and analysts predict it’ll still run up by 50% soon.

Crypto whales bet big on Rollblock’s GambleFi

Another crypto that has had crypto whales betting big is Rollblock’s GambleFi casino platform. A walk through history has always shown that sturdy altcoins with excellent performance and crypto whales’ recognition have the same thing: a focus on innovation, community, and value-driven utility. This is everything that the new crypto casino, Rollblock, embodies. 

Since its launch, Rollblock has had everyone in awe! Its ICO is doing massive numbers as more whales flock in to snap up their share of its blockchain-backed iGaming ingenuity. Over $2.9M has been raised in liquidity, and more than 10,000 investors are in already. The surging demand has also sent the Rollblock token flying up 140% to $0.024 in the ongoing stage 6 presale.

The first draw was the creativity part. The gambling market is growing exponentially, about $500B annually. Rollblock blends DeFi with the best of Vegas thrill to reimagine the transparency, security, scalability, and immutability pitfalls around traditional casinos. Besides, its accessibility and inclusivity, with the no-KYC registration, cut down geographical limitations. 

Then, the revenue share model returns 30% of revenue generated to users. Its user-focused, value-driven utility extends to staking opportunities and a hold-to-earn program. Therefore, it’s easy to see why high rollers are pouring millions of dollars into its resale. Analysts predict a run beyond $1 from its enticingly low $0.024 presale price.

For more information, visit Rollblock’s presale website or join the online community.

This article first appeared at crypto.news