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Cryptocurrency News Articles
Rollblock (RBLK) Levels the Playing Field with Transparent and Unbiased Betting
Dec 23, 2024 at 03:10 pm
The memecoin market has recorded significant losses over the past seven days, making analysts question their positions going into 2025.
The memecoin market has experienced substantial losses over the past seven days, prompting analysts to reconsider their strategies heading into 2025. While Pepe exhibited signs of a short-term recovery, Shiba Inu remained within a critical support zone.
Despite waning interest in memecoins, Rollblock's DeFi altcoin continued to attract thousands of new investors with its blockchain-powered GameFi ecosystem.
Rollblock Leveled the Playing Field with Transparent, Unbiased Betting
With its decentralized, transparent and unbiased iGambling platform, Rollblock disrupted the $500 billion per annum global gambling market. Offering 7,000+ games powered by the latest blockchain technology, Rollblock gave traders a fair chance to win.
By integrating Ethereum's immutable blockchain, every bet on the platform became completely unchangeable. Offering a tamper-proof betting ecosystem, Rollblock empowered traders to play as the house for a chance to win big.
Moreover, Rollblock attracted over 30,000 early investors with its attractive staking rewards. Traders could stake their RBLK holdings on Rollblock's SolidProof-vetted smart contract to earn a weekly passive income. To further incentivize long-term holding, Rollblock also had a revenue sharing system where the platform shared up to 30% of its weekly revenue with token holders through an open market buyback mechanism. Out of the tokens bought back, 60% were burned, while 40% were used for staking rewards.
Having already experienced a 330% price surge during its presale phase, analysts projected a total of 880% gains before the token's official launch. Considering Rollblock's limited presale supply, now was the optimal time to invest in an explosive altcoin like RBLK, with tokens selling for just $0.043!
Pepe (PEPE) Displayed Signs of a Short-term Recovery
Pepe consolidated its losses during the past seven days, recording a significant 30.68% decline in value. Fortunately, Pepe's correction period seemed to be coming to an end as the meme coin rebounded after hitting the 0.618 Fibonacci level. Earlier today, Pepe's price reached the $0.00001716 level, hinting at a potential short-term recovery.
After a minor intraday increase of 0.07%, Pepe was trading at $0.00001708. During this period, Pepe's volume also increased by 3.53%, indicating positive network activity. As Pepe's RSI moved upward from the oversold level, analysts anticipated that the bullish Momentum indicator could propel the price toward $0.00003582 before the conclusion of Q4. If this prediction held true, Pepe could begin the new year on a positive note and deliver substantial returns to long holders.
Shiba Inu (SHIB) Approached Critical Support Zone on Daily Chart
The Shiba Inu price soared to a record high of $0.0000334 on December 8, but it has since declined by more than 30%. Today, the Shiba Inu price approached a critical support area around $0.0000218. If Shiba Inu whales began purchasing more tokens, retail traders could follow suit in anticipation of a Shiba Inu rally in January 2025.
Shiba Inu was trading at $0.00002165 after an intraday increase of 0.21%. During this period, Shiba Inu's trading volume also increased by 3.72%, signaling a short-term recovery period. Having already rebounded from the lower trendline of its descending channel pattern, Shiba Inu needed to target the upper trendline at $0.00002400 to sustain the upward momentum.
Rollblock's DeFi Altcoin RBLK Poised for Bigger Returns Than Memecoin Market
As the memecoin market lost investor confidence during its prolonged consolidation phase, experienced traders pivoted toward explosive altcoins like Rollblock for higher returns. Currently, Rollblock was selling tokens for only $0.043 each, and analysts anticipated another substantial price increase before the new year.
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- XYZ: The New Meme Coin Heavyweight Vying to Knock Out SHIB and PEPE
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