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Cryptocurrency News Articles

Dogecoin Rally to $1 Pauses as Meme Coin Frenzy Slows

Nov 24, 2024 at 12:56 pm

The Dogecoin price exploded higher on Donald Trump's election victory, and it has only recently paused its ascent.

Dogecoin Rally to $1 Pauses as Meme Coin Frenzy Slows

Dogecoin (DOGE) enjoyed a blistering November rally, leading many investors to anticipate a surge toward the significant $1 milestone. However, analysts are cautioning that two prominent altcoins may outpace the meme coin king in reaching this goal. Kaspa (KAS) is poised for a substantial rally following a period of consolidation, while Rollblock (RBLK) is nearing the conclusion of its crypto presale. Notably, Rollblock is attracting attention with projections of 100x growth after its recent announcement of a sports feature.

As Donald Trump's election victory sparked a surge in interest, the Dogecoin price exploded higher, and it has only recently paused its ascent. Remarkably, Dogecoin is up almost 200% this month, bringing its annual return to more than 400%.

This Dogecoin price rally is largely attributed to its association with Elon Musk, who played a key role in Trump's election win. Among crypto enthusiasts celebrating Trump's victory and its anticipated positive impact on the industry, Dogecoin has emerged as the top meme coin of choice.

However, to reach $1, Dogecoin will require a further 250% rally, which appears increasingly distant as this meme coin's surge pauses around $0.40.

In early 2024, the Kaspa price appeared to be heading toward $1 before its rally slowed. Now, after losing almost 50% of its 2024 peak value, Kaspa is rallying back toward $0.20.

The Kaspa price initially surged in response to its revolutionary approach to the classic Proof of Work blockchain model. Now, as the crypto exchange Kraken announces Kaspa as a new listing, this rally is gaining fresh momentum.

This Kraken announcement has experts projecting more exchange listings that will reignite Kaspa’s Proof of Work rally to $1.

Thanks to its latest growth estimates, Rollblock is positioned to blast through the $1 milestone before both Kaspa and Dogecoin. Recently, Rollblock announced the rollout of its highly anticipated sports platform, prompting experts to predict an even greater surge in its player numbers.

On its platform of 7,000 games, this top altcoin has already achieved an impressive player count of over 20,000. These players are enjoying the far superior experience of gaming on the blockchain that Rollblock has perfected.

These players were also drawn by Rollblock’s signature gaming token. At the moment, there is a special bonus offer of 50% on all Rollblock token purchases.

Through a system of weekly buybacks that utilize the platform's own revenue, Rollblock's token returns value to its holders. A portion of these buybacks generates income through staking rewards, while the rest are burned each week to drive price growth in the market.

As Rollblock's sports expansion unlocks the remaining $525 billion in revenue from the gaming industry, its player growth rate is expected to more than double.

When the crypto presale for RBLK concludes, it could experience growth of up to 100x, propelling its current price of $0.036 well past the big $1 milestone.

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

Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino

News source:bitcoinist.com

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