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Binance Coin (BNB) is under the spotlight as questions arise about how much BNB ex-CEO CZ truly owns. Meanwhile, ATOM and Rollblock (RBLK) seem ready for a rally alongside BNB this week. Rollblock is currently in its first stage of presale and might surge 100x in 2024.
In this article, we delve into CZ’s BNB holdings and explore why RBLK, an emerging crypto casino token, is generating such buzz.
BNB: Changpeng Zhao’s Significant Ownership and Wealth Growth at Binance
Earlier this year, Forbes reported that Changpeng Zhao, Binance’s CEO, held 94 million BNB tokens, or approximately 64 percent of the market. So Forbes analyzed those wallets and discovered that CZ controls more than half the 80 million tokens he (along with the other Binance founders) received when the exchange opened.
Binance famously offered its first coin offering (ICO) in 2017, with 100 million BNB tokens set aside for public sale. Forbes has reported that the ICO was oversold, meaning that the number of people who wanted to buy shares in the company did not match the offered number.
Its research concluded that, during the ICO, users purchased less than 11 million tokens. The ‘unsold’ BNB tokens ended up in wallets owned by Binance.
As per estimation, CZ possesses about 33 billion US dollars in shares of Binance. Binance’s former co-founder is now worth more than $61 billion, making him the 24th richest person in the world. It is essential to understand that CZ’s net worth has increased significantly since he was locked up.
Cosmos (ATOM) Surges Amid Positive Developments and Growing Ecosystem
The ATOM price went up more than 100% in the past week following a cascade of positive news developments. In the past month, we have seen a rerating of the likes of Avalanche (AVAX) and Polkadot (DOT) to multi-billion-dollar market cap projects, with only Cardano (ADA) and Solana (SOL) flashing some signs of life. These developments naturally bode well for ATOM; its crypto market cap now sits at $17 billion.
Furthermore, holders of ATOM can earn a yield on swap, gas, and transaction fees – a fact propelling the token price higher. The Cosmos ecosystem also houses other major decentralized platforms to buy, trade, and swap tokens, including Terra, a proof-of-stake blockchain comparable to Ethereum, on which you can buy and trade the digital dollar TerraUSD.
Despite its recent rally, ATOM remains undervalued relative to other blockchains.
Additionally, the decentralized on-chain Cosmos Hub government recently voted to decrease ATOM’s annual inflation rate from 14 percent to 10 percent, clearly aiming to prime it for rapid growth. Some investors recognize its immediate staking potential, contributing to increased activity across Cosmos blockchains.
Rollblock: Revolutionizing Crypto Casinos with Transparency, Rewards, and Security
Rollblock, a promising new crypto casino token, is poised for a surge for several compelling reasons. Acting as one of the first community-backed crypto casinos globally, Rollblock allows token holders to share in the casino’s profits, aligning their success with the platform’s growth. The casino’s cutting-edge blockchain technology ensures fair gaming, offering transparency that builds trust among players, with 100s of active daily users already.
Exclusive bonuses and cashback rewards for token holders add to Rollblock’s appeal, providing extra value to its users. Stakeholders in $RBLK tokens enjoy generous rewards encouraging sustained engagement and investment. Rollblock’s innovative “Hold To Earn” program enables users to earn from the platform’s daily earnings, ensuring a steady income for token holders. Rollblock will take up to 30% of its casino’s weekly earnings to buy $RBLK tokens from the open market. Half of these tokens will be burned, while the remaining will be shared among $RBLK holders.
Designed with robust security and scalability, Rollblock employs state-of-the-art encryption and blockchain solutions to safeguard transactions and user data. Its scalable infrastructure supports increasing user activity without sacrificing performance. Additionally, Rollblock’s user-friendly accessibility eliminates the need for extra downloads, welcoming new participants effortlessly. These features position Rollblock for substantial growth and bullish market performance.
Conclusion
In conclusion, as Binance Coin remains under scrutiny for CZ’s holdings, ATOM price rides a wave of positive developments, showing promising market potential. Meanwhile, Rollblock emerges as a transformative force in the crypto casino sector, offering transparency, lucrative rewards, and robust security features.
With its innovative approach and community-driven model, Rollblock can redefine the landscape, presenting investors with an enticing opportunity amid the evolving blockchain ecosystem. Keep an eye on Rollblock’s presale momentum as it gears up for substantial growth in 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
– Website: https://presale.rollblock.io/
– Socials: https://linktr.ee/rollblockcasino
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
