Shiba Inu’s large transaction volume has recorded a massive increase despite the token’s recent price crash. Since whale activity typically suggests high investor confidence, analysts believe Shiba Inu could regain its upward momentum and hit record high prices in January.
Shiba Inu (SHIB) Records Massive Whale Activity During Price Crash
Shiba Inu’s large transaction volumes have increased by a massive 41.39% during the last 24 hours which suggests significant whale activity. This spike represents a total of $76.48 million capital inflows for Shiba Inu. Since Shiba Inu is also preparing for an expansion of its social and DeFi platforms, analysts believe Shiba Inu’s ecosystem could surge toward record highs in early 2025.
At the time of writing, Shiba Inu was trading for $0.00002548 after an intraday decrease of 6.11%. Since the increase in whale activity is likely to trigger retail buying, Shiba Inu could break above its nearest resistance at $0.00003 soon. After this, Shiba Inu is likely to set a price target above $0.000046 within the next few weeks. If Shiba Inu regains its upward momentum, analysts believe Shiba Inu could set a price target at $0.00005297 for January 2025.
Rollblock (RBLK) Attracts SHIB Investors with Greater 100x Potential
Despite the bullish predictions about SHIB’s price in early 2025, savvy traders are still jumping ship to Rollblock’s viral presale. Within a few months of its presale launch, Rollblock has managed to accumulate more than $7.34 million which reflects the high investor confidence. If this upward momentum continues until Rollblock’s official token launch, analysts expect the $RBLK utility altcoin to outshine SHIB by market cap.
The reason behind these optimistic predictions is Rollblock’s strategy to target the $500 billion per annum gaming market. Since traditional iGaming platforms fail to offer a trustworthy gaming experience to users, Rollblock is addressing a huge market gap by launching an Ethereum-backed and blockchain-powered GameFi project. Since every prediction placed on Rollblock is fully encrypted on Ethereum’s immutable blockchain, users can rest assured that they will always get the most provably fair odds of winning with no third-party manipulation.
While meme coins like SHIB offer no real utility to token holders, Rollblock is committed to improving user experience and offering massive rewards. As Rollblock users play and win 7,000+ AI-powered games on the platform, they can add their $RBLK tokens to a staking pool to earn a weekly passive income. Through Rollblock’s revenue-sharing model, long-term token holders receive staking rewards with up to 30% APYs.
Since these rewards are distributed after a massive open market buyback of $RBLK, analysts expect Rollblock’s price to trend upwards because of its deflationary tokenomics. While Shiba Inu has launched a new L2 network called Shibarium to burn tokens, Rollblock has an in-built token burn mechanism that keeps the circulating supply below 1 billion tokens. With this mechanism, Rollblock’s price is expected to record a massive 100x rally on its official launch day in early 2025.
Shiba Inu Investors Move to Rollblock’s Viral Presale Ahead of 100x Rally
Since Shiba Inu’s recent whale activity hasn’t triggered any significant price action yet, savvy traders are moving to Rollblock’s viral presale for its massive potential for growth. Although Rollblock is currently selling tokens for a low price of just $0.0415 each, analysts are already hinting at a massive 100x rally for $RBLK on the token’s official launch day in early 2025.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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