The cryptocurrency market is facing a period of volatility, with Shiba Inu (SHIB) and Dogecoin (DOGE) struggling to regain momentum. While both tokens have captured the attention of retail investors in recent times, questions around fresh inflows and long-term utility have led some market participants to monitor other projects as well.
Meanwhile, Rollblock, an iGaming platform running a token sale, has drawn attention in crypto communities. The project says the RBLK token sale has raised more than $11.4 million and that its platform has more than 55,000 active users; these figures could not be independently verified.
Rollblock Reports Growth in Active Users
Rollblock positions itself as a project with an operational iGaming product and DeFi-focused token mechanics, rather than as a meme-coin-driven community token.
According to the project, Rollblock combines “provably fair” gaming with platform revenue and a staking model tied to its token. Rollblock also reports more than 55,000 active users on its platform and says it has raised around $11.4 million through the RBLK token sale.
Rollblock says it offers more than 12,000 games, including poker and blockchain-focused titles, and includes a live sportsbook. The project also advertises a welcome bonus of up to $1,100 for new users; terms and eligibility may apply.
The project describes a deflationary token model in which up to 30% of platform revenue may be used to buy back RBLK tokens. Rollblock says 60% of repurchased tokens are intended to be burned to reduce supply, while the remaining 40% may be allocated to staking rewards. The project also markets staking rewards of up to 30% APY; such rates are variable and are not guaranteed.
Rollblock has highlighted the following points about its product and token mechanics (as described in project materials):
- The project says more than $15 million in wagers have been placed on the platform.
- It states that up to 30% of the platform’s revenue may be used for buybacks.
- It describes staking rewards that may reach up to 30% APY, depending on program terms and market conditions.
- It markets an offering of more than 12,000 games and a sports betting feature.
Rollblock’s token sale materials also reference past price changes and a current token price of $0.068. Such figures should not be interpreted as predictions of future performance.
Shiba Inu’s Price Trades Near a Key Support Level
Shiba Inu is once again hovering near the $0.000010 support level, a price point that has historically coincided with reversals, such as in June and October 2023, and early 2024.
The token is down about 35.5% year-to-date, while some market commentary suggests on-chain sentiment remains relatively steady. Analyst MMB Trader has noted that the token has shown rebounds in prior cycles, including its recovery in 2022 after a sharp drawdown.
However, recent momentum appears fragile. Trading volume has been low, and 47% of recent daily candles have closed higher, suggesting limited upside follow-through.
The Fear & Greed Index stands at 60, indicating “Greed” in the market, while 7% volatility suggests breakouts have lacked sustained conviction.
Dogecoin and the Debate Over a Repeat of the 2021 Rally
In 2021, Dogecoin rose sharply, reaching a peak of $0.7376. As one of the largest memecoins by market capitalization, it became closely associated with the broader meme-coin trend. Since then, Dogecoin’s price has fallen significantly and is reported to be around $0.22.
Some investors have speculated that possible integration of Dogecoin as a payment tool on X (formerly Twitter) could affect sentiment. However, there has been limited public confirmation of concrete steps toward adopting Dogecoin for payments on the platform since Elon Musk took control of X in 2022.
Currently, Dogecoin is described as trading between $0.21 and $0.26, with sentiment remaining mixed. Some commentators continue to discuss higher price targets: Surf, a market analyst, has suggested Dogecoin could reach $1.00 before year-end, while others have argued it could fall toward $0.19, citing chart patterns such as a head-and-shoulders formation. These views are speculative and are not guarantees.
Project links (for reference):
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This article references a token sale and other crypto-related products. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
