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Cryptocurrency News Articles

Dogecoin (DOGE) Cools Off After Green Week, But Analysts Expect a Surge as Donald Trump Prepares to Step In

Jan 20, 2025 at 03:04 pm

With Donald Trump's inauguration less than a day away, and Elon Musk set to head the Department Of Government Efficiency (DOGE), Dogecoin could be on the verge of a legendary run.

Dogecoin (DOGE) Cools Off After Green Week, But Analysts Expect a Surge as Donald Trump Prepares to Step In

As Donald Trump prepares to be sworn in as the 47th US president on Friday, meme coin Dogecoin is displaying signs that could lead to another price surge.

After slipping 8.5% over the last 24 hours, Dogecoin is currently trading at $0.35. The meme coin encountered selling pressure at the 0.41 resistance, which caused a retracement. While the macro chart shows a series of higher lows, suggesting an overall ascending price action, these pockets of turbulence are delaying its almost inevitable surge.

However, as Donald Trump prepares to step in as the 47th US president, analysts believe that Dogecoin will experience another surge in buying activity coinciding with the D.O.G.E agency becoming operational.

Furthermore, speculations have been circulating regarding Elon Musk’s intention to integrate Dogecoin as a payment option on X. If this comes to pass, the Dogecoin adoption would reach unprecedented levels, and savvy investors are already positioning themselves.

Meanwhile, whales have been buying up every Dogecoin dip over the last month. Most recently they have scooped up over 200 million Doge, boosting their total holdings to 23.03 billion.

On the other hand, with its $50 billion market cap, Dogecoin has already reached the point of diminishing returns. While analysts do expect Dogecoin to see a 3x-10x price multiplier at the peak of the bull run, newer, utility-focused plays that are still flying under the radar could bring significantly higher gains.

One such project is Web3 casino Rollblock, which has been making waves on social media and attracted over 40,000 early adopters. Find out why this newcomer could become the next 100x gem and outshine Dogecoin along the way.

Rollblock aims to revolutionize the $450 billion gambling industry with its cutting-edge GambleFi platform that leverages the security and transparency of blockchain tech. In addition to this, Rollblock boasts a license from Anjouan Gaming and a comprehensive audit from Solid Proof, cementing its commitment to upholding user trust and ensuring a safe gambling environment.

Rollblock stands out with its extensive library of more than 7,000 games and a brand-new sports betting platform that will allow players to bet on their favorite sporting events and championships.

Through Rollblock’s innovative revenue-sharing mechanism, users will be able to earn passive income while enjoying their favorite games. Up to 30% of Rollblock’s revenue is reinvested into open-market buybacks of the RBLK tokens. 60% of these tokens will be then burned to increase scarcity, while the remaining 40% will be distributed to holders as recurring staking rewards.

Stage 9 of the presale is almost sold out and RBLK tokens are selling at a discount for just $0.046. This is still a perfect entry point for early investors who want to capitalize on the Rollblock revolution. With an 800% rally right around the corner and 100x moonshot expected post-launch, there has never been a better time to get involved!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

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Other articles published on Jan 20, 2025