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The crypto market is heating up and Rollblock (RBLK) is up a remarkable 300% since its presale started.
Crypto prices have stalled after a bullish month for altcoins, with Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) grabbing headlines again. Here's the latest.
What Happened: A new crypto project is soaring in 2023 as part of the altcoin rally. While other new projects are still searching for a place in the market, one project is standing out.
Fans of online casinos and cryptocurrencies may want to take a closer look at one new project, which is also a GambleFi project. This project has soared 300% since the start of presale stage 8, outperforming other new projects and several top cryptocurrencies.
Crypto prices rallied sharply in 2023, and several new projects are making waves. One project, in particular, has soared 300% since the start of its presale.
This GambleFi project is targeting the $500 billion online gambling industry, which has been a safe market until now. Rollblock is aiming to capture a piece of this market with its unique features.
Revenue sharing and deflationary tokenomics are setting Rollblock apart in the crowded crypto market.
Crypto Rally Brewing As Rollblock Soars 300%
Hot crypto project Rollblock (RBLK) has soared 300% since the start of its presale. Other new projects are still finding their footing, but Rollblock has grabbed the attention of investors.
As an SAFU GambleFi project, Rollblock is targeting the massive online casino industry, which is now facing competition from Rollblock.
Token holders in Rollblock earn a percentage of the casino’s profits, which are paid automatically into their wallets. In addition to the casino profits, token holders can also earn from staking, which is opt-in. For helping with liquidity, the rewards are a fantastic 30% APY.
Adding to the appeal of Rollblock is the buyback and burn mechanism, which sees a slice of the platform’s revenue used to purchase circulating tokens from the open market. Half of these tokens are used to help pay the staking rewards, and the remaining tokens are burned and taken out of circulation, creating scarcity and likely price appreciation.
Analysts have been bullish on Rollblock from day one, and the success of the presale has been validating their predictions of the project being a leader in this cycle. There’s still time to get in on the presale, but once it launches, Rollblock could be turning into one of the success stories of this crypto rally.
See More: Best Meme Coins To Buy For 2023
Dogecoin News: DOGE Futures Open Interest Peaks
There has been a lot of positive Dogecoin news over the past couple of months, but a halt in the crypto rally has seen futures open interest peak and is now down 25%.
The decline in futures open interest suggests that traders may be taking profits after a recent surge in the price of DOGE.
However, with Elon Musk playing a key role in the Trump administration, January could see more bullish Dogecoin news.
Shiba Inu Teases Cash Rewards
Shiba Inu has hinted at potential cash rewards for holders, fueling renewed excitement in the second biggest meme coin.
This news aligns with Shiba Inu’s broader push to offer more utility, something institutions demand and mainstream will be attracted by.
The announcement led to a 12% uptick in SHIB’s price, but as with the rest of the market, it has dropped after the crypto rally halted.
Conclusion
Meme coins are speculative, but one should never write off Dogecoin or Shiba Inu. As for Rollblock, its presale has been an astounding success, and there’s still plenty of time to get hold of cheap tokens before its exciting mainnet launch later in the bull market.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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