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Cryptocurrency News Articles

RBLK Presale Surpasses $7.3M, While DOGE Whales Accumulate and SHIB Community Proposes a 99% Token Burn Target

Dec 20, 2024 at 04:30 pm

These bullish factors could soon spark a renewed meme coin mania that could greatly benefit the Rollblock (RBLK) presale, a new GambleFi protocol on Ethereum.

RBLK Presale Surpasses $7.3M, While DOGE Whales Accumulate and SHIB Community Proposes a 99% Token Burn Target

A recent analysis by Santiment showed that institutional investors, or “whales,” have been accumulating the meme coin, buying up a total of 210 million DOGE during the recent market downturn. This level of institutional interest is often seen as an indication that major crypto players are expecting a significant move.

The large cash influx could propel DOGE to break through barriers in the $0.48 zone and continue上昇ing to revisit its 2021 highs in the $0.7 range.

Could a 99% SHIB burn happen?

SHIB has a massive circulating supply of 589 trillion, but the SHIB community is set on an ambitious goal to burn 99% of this supply.

This would leave the network with approximately 5.4 trillion SHIB, pushing its price up over 10,800% to $0.000742 at the current market capitalization.

However, there is still no clear method for the SHIB community to achieve a 99% token burn, and incinerating such a vast quantity at the current burn rate could take centuries.

SHIB is currently trading at around $0.00002, slightly down from its recent high of $0.000033.

Is RBLK a buy at $0.0415?

RBLK is poised to generate substantial returns upon its launch in the open market. During the presale, tokens are available for $0.0415, and the price is set to increase to $0.047 in just a few days. Rollblock is also adding a 20% bonus on new RBLK purchases, so don't miss out and secure your share now!

News source:timestabloid.com

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Other articles published on Dec 21, 2024