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Cryptocurrency News Articles
Rollblock (RBLK): The Low-Cap Altcoin Set to Trounce DOGE and SHIB in the Upcoming Bull Run
Oct 26, 2024 at 02:01 am
Top meme coins SHIB and DOGE have been on the up recently. However, the Shiba Inu price hit roadblocks at a weekly resistance, while DOGE is still struggling
Top meme coins SHIB and DOGE have seen a recent upswing, but SHIB encountered resistance at a weekly level, and DOGE continues to struggle at a key psychological barrier around $0.14.
As the bullish momentum for SHIB and DOGE wanes, market pundits are highlighting Rollblock (RBLK) as a low-cap altcoin poised to outshine both DOGE and SHIB in the upcoming bull run. Here's why analysts are predicting 100x crypto gains for RBLK.
Rollblock (RBLK) to trounce top meme coins
Unlike DOGE and SHIB, which offer minimal real-world value to investors, RBLK, the native token of the Rollblock gambling protocol, aims to introduce utility into speculative markets.
This GambleFi altcoin serves as the in-game currency on the Rollblock AI-driven iGaming platform, facilitating gaming credits, player payouts, staking rewards and bonuses. Additionally, it can be traded for other crypto or fiat assets.
However, it's the investment opportunity that RBLK presents to investors that makes it particularly attractive. RBLK holders are entitled to receive up to 30% of the platform's gross profits, which are distributed as weekly rewards, essentially turning this altcoin into a passive income-generating asset.
Moreover, Rollblock's status as a low-cap token provides ample room for growth within the multibillion-dollar crypto space and the half-trillion gambling market. Even a small portion of the $540 billion gambling industry could propel the token price to astronomical heights, offering investors 100x returns.
Shiba Inu price unlikely to hit $1
Among the top meme coins closely monitored in the crypto market is SHIB. During its recent upswing, the Shiba Inu price surged to a monthly high of $0.00002169 before encountering selling pressure that led to a downturn.
For SHIB to reach a value of $1, it would require a market cap of $589 trillion, which seems highly improbable given its large supply and lackluster price movements over the past two years. As a result, savvy investors are turning to new low-cap altcoins for substantial returns.
DOGE price surges over 30% monthly
Over the past month, DOGE has seen a price increase of over 31%, pushing its yearly ROI to 115%. However, these gains may seem underwhelming for a top meme coin like DOGE, which was known to mint meme coin millionaires in 2021.
Even the recent rally that brought DOGE to a high of $0.14975 appears to be petering out, raising questions about its ability to sustainably breach this long-standing psychological barrier.
Instead, market participants are observing whether DOGE can sustain gains above $0.13, which could establish a strong price floor for further上涨 towards the $0.17 level.
An analysis of blockchain wallets, on the other hand, suggests that top meme coins whales are flocking to the new GambleFi crypto RBLK, attracted by its massive yields.
Rollblock attracts whales with 218% growth
At stage 7 and priced at $0.0318, RBLK has already seen a 218% increase from the $0.01 entry price, with investors pouring over $4.7 million into the Rollblock crypto ICO.
But with analysts predicting 880% presale gains, there's still plenty of opportunity for high returns with this new altcoin. As we approach the next price increment to $0.035, both DOGE and SHIB whales are joining the RBLK crypto party at the current price.
The recommendations, suggestions, views and opinions expressed by the experts are solely their own. Before investing, conduct thorough research. Crypto Wolf endeavors to provide valuable updates.
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