Whales and institutions bet big on crypto gems amid market challenges

Despite a recent 35% drop in Rollbit Coin (RLB) value, analysts believe it, along with Frax Share (FXS) and the new Bitcoin Minetrix project, hold significant upside potential into 2024.

RLB faced a price decline after two whales sold over $18 million worth of tokens, yet one whale’s subsequent repurchasing indicates strong underlying fundamentals, presenting a potential buying opportunity.

Major crypto funds have invested heavily in FXS, anticipating a price surge due to its annual token emission halving on December 20, combined with Frax’s robust technical fundamentals.