The cryptocurrency market is currently facing a period of volatility, with Shiba Inu (SHIB) and Dogecoin (DOGE) struggling to keep up. While both tokens have captured the attention of retail investors in recent times, their lack of fresh capital and long-term utility is causing traders to look elsewhere.
Meanwhile, Rollblock, an iGaming platform in presale, is catching the attention of savvy investors looking for more than just hype. The RBLK token presale has raised over $11.4 million in funding, with over 55,000 active users, and has seen a surge of over 500% so far, with hundreds buying into the project daily.
Rollblock’s Increasing Active Users Signals Widespread Adoption
Unlike meme coins like Shiba Inu and Dogecoin that depend on hype and speculation, Rollblock has made a name for itself with its fully operational iGaming platform and innovative DeFi tokenomics.
Rollblock combines provably fair gaming with real-world revenue and a staking crypto model that rewards its token holders. This has contributed to over 55,000 active users on its platform and investors pouring in an impressive $11.4 million into the RBLK presale.
At the heart of Rollblock lies its extensive gaming offerings, including over 12,000 games ranging from poker to blockchain-exclusive titles. The platform also features a live sportsbook, ensuring there’s something for everyone. To make the experience even sweeter, Rollblock is offering a generous $1,100 welcome bonus for new users, adding extra value for those who sign up.
One of the key attractions of Rollblock is its deflationary tokenomics and revenue-sharing model. Up to 30% of platform revenue is used to buy back RBLK tokens, with 60% of those tokens being burned permanently to reduce supply. The remaining 40% is distributed as staking rewards, allowing investors to earn up to 30% APY.
Rollblock’s presale momentum has been nothing short of impressive, with investors flocking to get in early on a platform that’s already delivering real returns.
Here’s why Rollblock is quickly becoming the go-to choice for savvy crypto investors:
- Over $15 million in wagers have been placed, demonstrating that Rollblock’s business model is not based on speculation.
- Up to 30% of the platform’s revenue is used to buy back RBLK.
- Investors can earn up to 30% APY through Rollblock’s staking model
- Offers over 12,000 games and a sports betting feature.
With a 580% increase already in the bag for early backers, Rollblock has become a hot topic among investors. RBLK is selling at $0.068, which is a steal as its launch date approaches, as experts tip it to reach $1 post-launch.
Shiba Inu’s Price Nears Key Support: Can Bulls Reignite the Rally?
Shiba Inu is once again hovering near the critical $0.000010 support level, a price point that has historically marked significant reversals, such as in June and October 2023, and early 2024.
Despite facing a 35.5% decline so far this year, the on-chain sentiment for Shiba Inu remains relatively steady. Analyst MMB Trader points out that the token has shown resilience in the past, particularly during its dramatic recovery in 2022 following an 88% crash.
However, the momentum for Shiba Inu is currently fragile. Trading volume has been low, and only 47% of the recent daily candles have closed in the green, signaling a lack of strong upward pressure.
The Fear & Greed Index stands at 60, indicating a sense of “Greed” in the market, but the 7% volatility suggests that Shiba Inu’s breakouts are struggling to gain any solid conviction or follow-through.
Can Dogecoin (DOGE) Recreate Its 2021 Bull Run?
In 2021, Dogecoin stunned the crypto world by skyrocketing an astounding 16,200%, reaching a peak of $0.7376. As the largest memecoin by market cap, it became the face of the meme coin revolution. However, since then, Dogecoin’s price has fallen significantly, now sitting at around $0.22.
Despite high hopes that the integration of Dogecoin as a payment tool on X (formerly Twitter) could trigger another major price surge, the reality seems unlikely. Since Elon Musk took control of X in 2022, there has been little effort to push Dogecoin as a payment solution, leaving many investors disappointed.
Currently, Dogecoin trades between $0.21 and $0.26, with the memecoin struggling against bearish sentiment in the market. Although the mood is largely negative, some analysts are holding out hope. Surf, a popular market analyst, predicts that Dogecoin’s price could rise to $1.00 before the year ends. On the other hand, some Dogecoin OGs fear the price could dip further to $0.19, pointing to a head-and-shoulders pattern that suggests further declines.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
