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Home Crypto News & Analysis On-Chain Data & Metrics

Why Big Crypto Whale Moves Could Be Beneficial For Scorpion Casino, MATIC AND CLOSE

by Dr. Jane Chen
April 7, 2024
in On-Chain Data & Metrics
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Why Big Crypto Whale Moves Could Be Beneficial For Scorpion Casino, MATIC AND CLOSE
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Despite its volatility, the dream of achieving life-changing returns in cryptocurrency remains to fuel investor participation. Statistics show that the number of crypto-millionaires worldwide has surpassed 88,200. Navigating the ever-increasing number of projects and distinguishing those with real potential for 10x growth remains a complex task.

The huge influence of “Crypto Whales” – entities that own large amounts of cryptocurrency – adds another layer of complexity to the investment landscape. The first documented case of a whale manipulating the Bitcoin price occurred in 2013. However, their impact on the market has become more and more pronounced.

This article examines three such projects supported by crypto-whales’ movements: Scorpion Casino (SCORP), Polygon (MATIC), and Near Protocol (NEAR). It aims to help investors assess their potential for long-term success by analyzing each project’s unique value proposition.

Scorpion Casino stands out with its innovative fusion of a licensed online gambling platform and a native utility token – $SCORP. The ongoing bonus token promotion is a golden ticket that gives investors enhanced access to a vast and exciting world of entertainment. Imagine entering a virtual playground with over 30,000 monthly betting opportunities, 210 casino games and a captivating selection of 160 live games – all while holding a token that can see a 10x increase.

But the excitement doesn’t stop there. Scorpion Casino understands the importance of rewarding its user base. The platform offers a groundbreaking daily passive game program, which distributes USDT rewards based on the casino’s performance. This translates to the potential to earn up to 10,000 USDT daily regardless of market fluctuations.

Beyond the immediate user experience, Scorpion Casino is demonstrably committed to long-term growth. The project actively pursues strategic exchange listings, each new integration increases the token’s liquidity and accessibility. This broader market exposure attracts a wider investor base and facilitates seamless trading opportunities.

Polygon Whales Ready to splash the cash?

Polygon (MATIC) was launched in October 2017 as Matic Network. It has established itself as a leading Layer 2 scaling solution for the Ethereum network. Polygon’s core innovation lies in the use of a sidechain network that “parallels” the main Ethereum blockchain, facilitating faster and cheaper transactions while remaining interoperable with the Ethereum ecosystem. This functionality has attracted a loyal developer base and a thriving decentralized application (dApp) ecosystem.

While Polygon has achieved significant adoption, the project faces competition from other Layer 2 solutions vying for market dominance. However, the potential for increased traffic on the Ethereum network, coupled with favorable whale activity, could significantly increase MATIC’s value. Whales, recognizing Polygon’s established track record and robust infrastructure, could invest heavily in the project. This therefore accelerates its growth and propels MATIC to a potential 10x price increase.

Close to protocol with profits on the horizon?

Launched in April 2019, Near Protocol (NEAR) emerged as a response to scalability limitations hampering the Ethereum network. NEAR uses a sharding mechanism, which splits the blockchain into smaller segments. Those segments spread processing power over a more comprehensive network of computers. This approach enables faster transaction speeds and lower fees than Ethereum mainnet. The NEAR token is the platform’s native currency for transaction fees, staking and management.

Despite its innovative approach, Near Protocol has yet to reach the same level of mainstream adoption as Polygon. However, the project boasts a strong developer base and is actively attracting promising dApps to its ecosystem. Whales should recognize the potential of Near Protocol to become a major player in the rift space. Their investments could propel NEAR toward a significant price increase, potentially achieving a 10x return for early investors.

Follow The Crypto Whales for a 10x

While the impact of crypto whales is undeniable, investors should do thorough research and develop a well-defined investment strategy. Among the three projects examined, Scorpion Casino offers a unique combination of immediate user rewards, long-term growth prospects through exchange listings, and a focus on user experience.

Want to know more about the new Scorpion Casino project? Check out the links below

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not, endorse any information about any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not on any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors are not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product or service mentioned in this press release or sponsored post.

Serena@thecoinrepublic.com'

Serena James has worked as a writer for various media houses in the past. Currently, she works as a fundamental writer for CoinRepublic, covering decentralized finance. When she’s not writing, she can be found skimming and scanning Twitter and other sites to produce amazing stories.



Disclaimer for Uncirculars, with a Touch of Personality:

While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.

No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.

And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.

Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!

UnCirculars – Cutting through the noise, delivering unbiased crypto news

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Dr. Jane Chen

Dr. Jane Chen

Armed with a PhD in cryptography and years of research, Dr. Chen dives deep into the technical intricacies of blockchain. Her insightful analyses of white papers and on-chain data provide a unique understanding of the technology's potential and limitations.

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