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Cryptocurrency News Articles

Rollblock to Overthrow DOGE, SOL and XRP Based on Historical Trends

Dec 27, 2024 at 09:29 pm

Dogecoin is preparing for an explosive rally in 2025 while Solana and XRP face an uncertain market sentiment. Even if Dogecoin surpasses SOL and XRP

Rollblock to Overthrow DOGE, SOL and XRP Based on Historical Trends

Dogecoin is preparing for an explosive rally in 2025 while Solana and XRP face an uncertain market sentiment. Even if Dogecoin surpasses SOL and XRP soon, can it compete with Rollblock’s GameFi project? Let’s find out.

Rollblock takes the lead with decentralized gaming platformRollblock is taking the lead as the most hyped DeFi altcoin before 2025. By bringing disruptive blockchain technology to the world of online gaming, Rollblock has launched the market’s first decentralized gaming platform. Rollblock’s GameFi project has already raised more than $7.7 million in its presale, reflecting the high investor confidence in RBLK’s growth.

Rollblock is setting itself apart from other DeFi altcoins by combining blockchain-level transparency with thrill and excitement. Rollblock’s GameFi ecosystem has already passed a comprehensive audit by SolidProof and has obtained an e-gaming license from Gaming Anjouan, showcasing the platform’s commitment to user security. Rollblock also encrypts all financial information and bets directly on-chain, protecting users against all kinds of data fraud and third-party manipulation.

Users can sign up on Rollblock with an email address, purchase the native RBLK token with any compatible cryptocurrency, and start enjoying the thrilling games on Rollblock’s casino. Rollblock’s gaming library already features 7,000+ AI-powered games that include both casino classics and new web3-based titles like KENO and Max Car Racing.One major factor that has been key to investor interest in Rollblock soaring is how they plan to redefine the $450b a year gambling market by giving RBLK holders a share of the casino’s profits. Up to 30% of weekly profits will be shared with holders, buying back RBLK tokens from the open market. This will help boost the price of the token. 60% of the purchased RBLK will then be burned from the supply forever, creating scarcity. The other 40% will be given to RBLK stakers where they could earn APYs of 30%+ – some of the highest in the space.

Rollblock’s native RBLK token is currently selling for a low price of only $0.043 in stage 9 of its presale, with analysts already projecting another price jump on Boxing Day. As Rollblock dominates the DeFi space, analysts expect the token to deliver a total of 880% returns to early investors before its official launch in early 2025.

Dogecoin records high network activity, Open Interest peaksDogecoin is witnessing an impressive resurgence from its December lows, with analysts expecting an explosive rally in early 2025. Historically, Dogecoin has followed a similar trend of surging, retracing, and then skyrocketing to a record high. During Q4, Dogecoin has already recorded a 440% surge after the US Presidential election and then retraced 46% while consolidating losses. This makes January 2025 the perfect time for Dogecoin to experience massive buying activity, pushing the price beyond the $1 milestone.

These optimistic predictions have increased Dogecoin’s network activity, pushing the token’s Open Interest beyond $2 million. Dogecoin is currently trading for $0.3287 after an intraday decrease of 1.85%, with analysts expecting Dogecoin to reach the $1 milestone soon.

Solana faces uncertain market sentiment despite flashing recovery signalSolana has been consolidating its losses for the last few weeks after establishing a new all-time high price in November 2024. Despite Solana’s optimistic market sentiment, sudden buying pressure pushed Solana’s price below the critical $200 support. Solana is still in its corrective period but is beginning to show some signs of recovery on the SOL/USDT daily chart.

Solana is currently trading for $197.67 after an intraday increase of only 0.68%. Solana’s current price is above the 100-EMA and 200-EMA trend lines which reflects some upward momentum. However, Solana’s Momentum Indicator and MACD Level are still flashing strong sell signals. Since some analysts have termed Solana as an overbought asset, Solana could experience a steeper decline toward $109.51 soon.

XRP records mysterious whale activity amid market downturnXRP’s longstanding lawsuit with the US Securities and Exchange Commission was expected to end as chair Gary Gensler steps down from office. Analysts were predicting a massive XRP buying spree in early 2025. These predictions have suddenly come to a halt as an XRP whale recently transferred 30.17 million tokens to an unknown Coinbase address. Such whale activity typically suggests a profit-taking sentiment, increasing the bullish pressure on XRP’s price.

XRP is currently trading for $2.28 after an intraday decrease

News source:crypto.news

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