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Cryptocurrency News Articles
RBLK Surges 220% as Shiba Inu Retraces and Dogecoin Sees Modest Gains
Nov 06, 2024 at 04:21 pm
As Shiba Inu retraces and Dogecoin sees modest gains, the new GambleFi protocol Rollblock is surging with a 220% increase, sparking predictions of up to 100x returns on launch.
While Shiba Inu’s price has been notably retracing and Dogecoin has seen modest gains, reaching the $0.17 zone, a new GambleFi protocol has been surging with a 220% increase during its presale, sparking predictions of up to 100x returns on launch.
The new GambleFi crypto, Rollblock (RBLK), hit the ICO market at $0.01. However, in just a few months, the Rollblock presale has seen incredible growth as investors poured over $4.9 million in liquidity, pushing the token price up 220% to $0.033.
But the RBLK crypto party is far from over. Analysts’ conservative predictions place RBLK returns in the region of 880% in presale and 100x on launch.
The diverse casino experiences, revenue-sharing benefits, and massive growth potential of Rollblock are the key reasons behind this historic success.
The Rollblock crypto casino accepts crypto deposits in 20+ coins, enabling Gen Z betters and other iGaming enthusiasts to play and bet with crypto on 7000+ games and live sports events.
A share of the platform’s revenue is then redistributed to token holders as a weekly payout through a generous staking program.
Moreover, investors locking their RBLK tokens to provide liquidity will earn up to 30% APY in staking rewards. A token burn schedule is also in place, reducing the circulating RBLK supply to drive its market value and price up.
The deal gets even more alluring if you factor in the RBLK growth potential in the $540 billion gambling industry. As Rollblock rises into a multi-billion GambleFi protocol, the RBLK market cap will roll into the billions, sparking a stratospheric price action.
On the other hand, DOGE has been rising in the past months. In its recent move, Dogecoin’s price shot up to $0.1798, delivering over 120% gains to investors who bought the August dip.
However, as DOGE hit a high of $0.181 on October 24, the meme coin encountered some selling pressure, pushing the price down to $0.174 on October 25. Nonetheless, DOGE is still up over 52% monthly.
Market analysts anticipated that more whales could be posing around the $0.18 resistance level to take profits. Instead of buying DOGE near the top, savvy investors are getting into the early action of the new GambleFi crypto Rollblock.
Meanwhile, Shiba Inu’s price made a sensational comeback recently after rising to retest weekly resistance in the $0.00002169 region in September.
If SHIB had broken out and closed above this level, the next target for Shiba Inu’s price would have been the psychological resistance at $0.00002513.
Sadly, SHIB failed to break out, and the bears took control of the momentum, pushing the Shiba Inu price down in October.
SHIB is currently hovering in the $0.000017 zone, holding strong above its 50-day weekly EMA. If more buying pressure enters the market, SHIB could push upwards to revisit the $0.000021 psychological level, where more selling pressure is expected to appear.
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- Governance Tokens: Facilitating Fairness and Inclusivity in Decentralized Systems
- Nov 06, 2024 at 08:25 pm
- Governance tokens are pivotal in decentralized systems, enabling stakeholders to participate actively in decision-making processes. These tokens embody a shift from traditional governance models, where power often lies in the hands of a few, towards a more democratic and inclusive framework.