DeFi
$35 million moved to Binance attracts interest from Polkadot, Rollblock and Chainlink
Data from Spot on Chain published on X (Twitter) suggests that TRON founder Justin Sun moved $35 million worth of cryptocurrency to Binance over the past week, spread across a total of 12 different tokens. These were primarily DeFi assets, suggesting that Sun aims to provide liquidity to Curve Finance. As a result, interest in diversification has been sparked by traders, and three altcoins that have attracted the greatest interest are Polkadot (DOT), Chainlink (LINK) and Roller block (RBLK). To see why this is the case, we’ll look at them all individually.
Polkadot price to increase after JAM price announcement and hydration campaign
Polkadot (DOT) has seen significant activity, the JAM Prize announced a pool of 10 million DOT, and a hydration campaign was launched to provide liquidity and incentives. Along with this, the Polkadot crypto could see a lot more usage since the Moonbeam Innovation Fund has also kicked off with a $10 million raise. According to chart metrics, Polkadot price reached $6.86 over the past week and is now facing the $7 price barrier. According to Polkadot price prediction, it could end Q4 2024 at $10.66.
Chainlink Crypto on the Rise After Latest Updates
Chainlink (LINK) also saw a major update to its ecosystem, where the Member of Chainlink BUILD, Brickken, is one of 20 projects selected to participate in the European Blockchain Sandbox, aiming to accelerate the adoption of tokenization across the EU. As a result, Chainlink crypto usage may increase in the coming trading sessions.
As for the overall performance of Chainlink price, it reached $16.21 over the past week and now needs to surpass $20 to initiate a bull run. Based on Chainlink’s price predictions, the crypto can end the fourth quarter at $26.06, making it one of the top altcoins.
Rollblock (RBLK) Becomes One of the Best Altcoins to Invest in with Game-Changing Tokenomics
Roller block (RBLK) is positioning itself as a potential game-changer in the booming GambleFi market, which is expected to reach a staggering $744 billion by 2028, as it is a blockchain-powered platform that gives priority on transparency, aiming to disrupt the traditional online casino landscape with a demonstrably more verifiable ecosystem.
RBLK addresses a specific niche in the market by eliminating KYC checks. This promotes an environment of anonymity, particularly attractive to users who care about their privacy and prioritize data security. However, it is crucial to recognize the potential regulatory hurdles associated with such an approach. The project implements a compelling revenue sharing model with the native token, $RBLK, which plays an important role in the ecosystem, with $RBLK serving as a reward for player activity while allowing holders to stake in the future for additional rewards. At the same time, Rollblock implemented a revenue sharing feature that allows up to 30% of the casino’s daily profits to be used; share the profits among holders, buy back $RBLK on the open market and burn it to further increase the value of the $RBLK token.
This program demonstrably reduces the circulating supply of RBLK tokens through a weekly buyback and burn mechanism. This token burn promotes scarcity, potentially leading to an appreciation in token value, as half of the purchased tokens undergo this process, while the remaining half are distributed to RBLK holders, encouraging long-term investment and lending. community engagement, positioning RBLK as one of the best altcoins.
In stage 3 of its presale, RBLK soared 40% and is now trading at $0.014. With over 3,000 registered users, RBLK has secured $770,000 in funding and projections suggest this figure could reach $1 million before the end of the month. Analyst sentiment remains optimistic, anticipating potential 500% increase in the value of RBLK in the coming week.
Moving forward with DOT, LINK and RBLK
It’s clear that the TRON founder’s move to Binance has sparked an altcoin rally, and the top cryptocurrencies that have attracted interest are Polkadot, Rollblock, and Chainlink. However, RBLK has the highest probability of increasing in value as it is poised for a significant increase in both the short and long term, making it one of the best altcoins to invest in.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
No spam, no lies, only information. You can unsubscribe at any time.