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Cryptocurrency News Articles

Rollblock Attracts $1.75 Million in Wagers and Plans to Double the Figure

Jan 18, 2025 at 05:00 pm

Rollblock is a GambleFi platform that offers greater trust and transparency than Web2 platforms. The project provides over 7,000 games, live dealers, and sports betting from over 10 iGaming providers, all completely on-chain.

Rollblock Attracts $1.75 Million in Wagers and Plans to Double the Figure

Rollblock, a cutting-edge GambleFi platform, is revolutionizing the gambling industry with its commitment to transparency, vast game selection, and integration with Web3 technology. The project boasts over 7,000 AI-powered games and on-chain sports betting, offering a diverse and engaging experience for广大用户.

In December alone, Rollblock witnessed a remarkable 600% surge in deposits and sign-ups, a testament to its growing popularity. The platform also saw an impressive $1.75 million in wagers, further highlighting the enthusiasm among广大用户.

To ensure fairness and integrity, Rollblock's entire ecosystem operates under an e-gaming license issued by the Anjouan Gaming Authority. Moreover, the project's smart contracts have undergone a rigorous SolidProof audit, confirming the absence of any backdoors or concealed functionalities that could compromise players.

At the heart of the Rollblock ecosystem lies RBLK, the platform's native token. In a unique and sustainable measure, Rollblock allocates up to 30% of its revenue to purchasing RBLK from the open market. Of these tokens, 60% are burned, while the remaining 40% are distributed as staking rewards.

This innovative revenue-sharing model has generated substantial interest among investors, leading to the rapid sell-out of available slots during Rollblock's presale. The project has already raised over $8.7 million from more than 40,000 early participants.

Currently priced at $0.046, RBLK has already delivered exceptional returns, exceeding 330% since the start of the presale. This performance easily outshines projects like Dogecoin and Pepe, which have shown more modest gains.

Dogecoin's Momentary Weakness May Hinder Further Ascent

After a strong showing in the last 24 hours, Dogecoin seems to have hit a roadblock in its attempt to regain $0.40. The token's recent failure to hold above $0.4181, followed by a swift decline, indicates the presence of selling pressure at this level.

Technical indicators also present a mixed outlook. While the Relative Strength Index (RSI) remains above 50, suggesting buying strength, the Moving Average Convergence Divergence (MACD) has crossed below the signal line, indicating a potential shift in momentum.

If the daily bar closes below key support levels, a correction toward $0.38 may become likely. However, sustained buying pressure could still propel Dogecoin to new heights, especially if it manages to break above $0.4230, opening the door for a rally toward $0.43–$0.44 in the short term.

Open interest in Dogecoin has exploded, surpassing $4.7 billion. This massive investor interest and the formation of a pennant pattern on the daily chart further support the possibility of a breakout. If it occurs, the price of Dogecoin could be poised for a rally toward $0.65 or higher.

Pepe Pumps Up with Launch of Pump Pad

In the world of meme coins, Pepe continues to make waves with a 16.02% surge over the last 24 hours, bringing its price to $0.000018. Recent whale activity has boosted sentiment, with one investor pulling out of Pepe after generating $11 million in early profits and reinvesting the earnings.

Technical indicators on the daily chart suggest the potential for further gains. The TD Sequential indicator has triggered a buy signal, and analysts anticipate a 17% rally to $0.000021 in the short term.

Crypto analyst Yazan observes that Pepe is in an accumulation phase, and after a period of consolidation, a breakout is likely to occur. As Pepe continues to gain momentum, we may witness a strong upward trend.

Beyond price action, Pepe's ecosystem is expanding. The launch of Pepe's Pump Pad, a decentralized exchange built on an Ethereum Layer 2 solution, enhances its utility and competitiveness. With fast bridging and innovative features, the platform positions Pepe to gain traction in the DeFi space.

While Dogecoin and Pepe have certainly generated excitement, experts believe Rollblock, which is currently priced at $0.046, can reach $1 by the end of 2025. This will mean the token will show a 20x return from its current level, easily outperforming Dogecoin and Pepe while offering huge profits in the process.

Don't miss out on the exciting opportunities of the Rollblock (RBLK) presale. Visit the project website at https://presale.rollblock.io/ and follow Rollblock on social media for the latest updates: https://linktr.ee/rollblockcasino

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