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Cryptocurrency News Articles
Rollblock Attracts Investors with 100x Potential
Jan 14, 2025 at 07:56 pm
Rollblock blends the excitement of traditional gambling with the security and transparency of blockchain technology.
Dogecoin and Ripple had a strong finish to 2024, each notching gains of over 100% as bullish sentiment swept the market. However, as we move into 2025, investors are shifting their focus to new, high-growth projects that have the potential to outpace these two established coins.
One of those projects is attracting the attention of over 40,000 investors during its presale. This innovative project has already raised over $8 million and is poised to make a splash in the market when it lists later this year.
Rollblock Attracts Investors with 100x Potential
Combining the thrill of traditional casino gambling with the security and transparency of blockchain technology, Rollblock aims to reduce casino fraud with its blockchain-based solutions that ensure fairness and trust.
The protocol boasts over 7,000 games from 10 top providers, along with newly added features like sports betting on popular events such as MMA and live dealer games. All outcomes are registered and encrypted on-chain, making them unalterable — even by the casino operators themselves.
This system operates under a SolidProof audit and a full e-gaming license issued by the Anjouan authority, adding an extra layer of trust and security for investors and players.
In December alone, Rollblock saw a 600% increase in sign-ups and deposits, with total wagers surpassing $1.75 million. Analysts predict that with the introduction of sports betting, these figures could double by January.
At the heart of this ecosystem is Rollblock’s native utility token, RBLK. The token’s presale, now in its ninth stage, has already raised more than $8.5 million from over 40,000 participants. This figure is expected to grow further once Rollblock enables fiat investments through some of the most popular payment providers.
Currently priced at $0.045, RBLK has already delivered returns of over 350% for its early investors. Analysts attribute this impressive growth to Rollblock’s unique revenue-sharing model. The protocol allocates 30% of its revenue to purchasing RBLK from the open market — burning 60% of the tokens instantly and using the remaining 40% for staking rewards.
This approach not only drives RBLK’s price higher but also offers some of the highest APYs on the market, creating additional value for holders.
Dogecoin Price Drops Despite Whale Offload, Grayscale Interest Adds Bullish Twist
Dogecoin’s price dropped 5.77% to $0.317 in the past 24 hours, despite a 52.53% surge in trading volume to $2.4 billion. During this timeframe two whales offloaded 219 million DOGE onto Coinbase, sparking concerns about market stability. While this large transaction raised red flags, Grayscale’s potential interest in Dogecoin adds a bullish twist, hinting at institutional involvement.
Dogecoin briefly spiked after Elon Musk changed his X profile name to “Kekius Maximus,” referencing a meme. However, the gain was short-lived, with Dogecoin retreating to $0.335 before continuing its decline. At the same time, public interest in Dogecoin has waned, with Google searches down 74% since late 2024 and Santiment rating its sentiment 1 out of 5.
What’s Next for Ripple as Bearish Pressure Emerges After Symmetrical Triangle Breakout?
Ripple has experienced significant price movement, driven by legal wins, changes in SEC leadership, and growing interest in crypto ETFs. Despite breaking out of a symmetrical triangle pattern on January 11 with an 11% rally to $2.60, Ripple is now facing bearish pressure. The token dropped to $2.51, down 4% in the last 24 hours, with trading volume declining by 27.5% to $6.55 billion.
The symmetrical triangle, which Ripple formed between early December and January, is a bullish technical setup. However, Ripple has struggled to hold above the key resistance at $2.56, which is necessary for further upward movement. If this level is reclaimed, the Ripple price could target $3.63, although Ripple traders may sell at the psychological $3.00 mark.
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