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Cryptocurrency News Articles
As Dogecoin, Cardano, and Sui struggle to recover, Rollblock (RBLK) is defying the downturn with surging investor interest.
Mar 02, 2025 at 09:48 pm
This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
As Dogecoin (DOGE), Cardano (ADA), and Sui (SUI) struggle to recover from the latest crypto market crash, leaving investors searching for better opportunities.
One project, however, is easily outperforming the market slump, and that’s Rollblock (RBLK), which analysts say could rally up to 50x thanks to its Web3 gaming model and deflationary mechanics.
Analysts Tips
Dogecoin is yet to recover from the latest downturn, dropping 16.08% this week to reach $0.2052.
Dogecoin has struggled to break any key resistance levels as bearish sentiment has come to dominate the market.
Elon Musk’s continued support for Dogecoin has kept some hope alive, with speculation that it could play a role in Tesla or X payments in the future.
However, DOGE remains vulnerable to further declines as the market focuses on other projects.
Notably, Carl The Moon recently posted that Dogecoin could break out of this falling wedge any day now, with a target of $0.43.
Cardano is trading at $0.6560 after shedding 15.50% of its value this week, briefly breaking through teh crucial support level at $0.65.
The Cardano blockchain has faced mounting criticism for its slow development progress, causing some Cardano investors to lose faith over recent months.
The market downturn has only worsened Cardano’s position, as many traders are now hesitant to buy in.
Crypto Rand suggests that Cardano is ‘respecting the key horizontal support and pushing a tiny bounce’ but adds that this is a critical situation.
Cardano founder Charles Hoskinson remains optimistic, pointing to ongoing network upgrades such as Midnight that could attract more developers this year.
Sui has been hit hard by the recent market downturn, now trading at $2.84 after dropping by 15.20% in the past week.
Sui has struggled to maintain its bullish momentum, with investors stepping in to take profits following its recent rally.
Crypto IG posted that ‘SUI is currently moving within a bullish pennant pattern on the 1-hour time frame, indicating a strong trend.’ He predicts an 85% probability that the next move will be bullish, although this will depend on Sui holding support. A break below could see further downside for Sui toward $1.80.
Rollblock is setting a new standard in online gaming with its fully verifiable bids and payouts.
Each transaction is secured on the Ethereum blockchain, ensuring fairness and eliminating the trust issues that have long put gamers off using centralized platforms.
This has led to a massive surge in user adoption, with new signups, deposits, and bids climbing month after month.
Investor confidence is also surging, with Rollblock’s presale raising over $10.7 million since its launch. The project’s momentum is incredible, and with major exchange listings on the horizon, many believe the current price of $0.06 won’t last much longer.
On the tokenomics front, RBLK’s deflationary model is a game-changer. The platform takes 30% of its revenue to buy back RBLK tokens each week. Of these, 60% are burned, permanently reducing the token supply, while 40% is distributed as staking rewards, offering up to 30% APY in passive income. This creates constant buying pressure and minimal selling.
Right now, Stage 10 tokens are selling at $0.06, and with a 50% bonus available on all purchases this week, investors are piling in ahead of the next price jump.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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