Vitalik’s Crypto Move Sends Railgun Soaring 30%! What’s Next? 😱

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  • Railgun crypto jumps a whopping 30% after Vitalik Buterin’s $1.8M transaction. Yeah, really.
  • One address controls most of the token—so, uh, manipulation risk? Big time.

So, Railgun [RAIL] goes to the moon with a 36% surge on Wednesday. All because Vitalik Buterin decides to move some ETH around in a mixer. Guess what? $1.8 million worth of ETH. Not exactly pocket change, huh?

The Ethereum mastermind sent 693.9 ETH ($1.83M) to this privacy pool thing. You know, one of those places where transactions get all sneaky and hidden from your prying eyes. Fancy, huh?

Will Railgun Crypto Keep Its Momentum? Spoiler: Who Knows?

But here’s the thing—this wasn’t Vitalik’s first rodeo with Railgun. The guy LOVES using this privacy mixer. It’s like his go-to spot when he wants to stay all incognito, like a true privacy advocate. So, this recent transfer got people talking. The altcoin went up 40% in the last couple of days. Yup, it touched that sweet $1 mark.

Looking at the chart, the RSI is saying, “Hey, there’s still room to grow,” as it’s nowhere near overbought territory. But wait—there’s a problem. It also hit a key resistance that hasn’t been touched since April. The yellow trendline says so. Don’t shoot the messenger.

If the bulls get too tired, RAIL could drop to around $0.8. But hey, if that happens, could be a sweet spot to buy in before it does the usual moonwalk back to $1.

If the bulls get their act together and break past that resistance, we could see RAIL hitting $1.2. Will it happen? I don’t know. I’m not a psychic.

And here’s the real kicker—according to Bubblemaps, there’s a lot of concentration on the RAIL token. One address, Oxee6a, is responsible for a huge chunk of the transfers—63.6% of them! And it’s connected to bigger wallets. It’s like one giant hand controlling all the marbles. What could go wrong?

So, yeah, we’re talking about massive centralization here. If this one entity decides to dump everything, well, let’s just say it could be a disaster for the little guy.

Long story short, if RAIL retraces to $0.8, it could be an excellent chance to jump back in, with a possible climb to $1.2–$1.4. But, like, if you’re holding long-term, keep an eye on that centralization issue. You’ve been warned. 🧐

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2025-06-05 19:13