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Cryptocurrency News Articles
Rollblock (RBLK) Presale Causes FOMO After Raising $7.6 Million, SUI (SUI) and Dogecoin (DOGE) Dip Significantly
Dec 27, 2024 at 02:30 pm
The recent market correction has caused coin prices to drop significantly. Dogecoin (DOGE) and Sui (SUI) are particularly affected, as evident in their price
Recent market corrections have led to significant price drops for various coins. Among them, Dogecoin (DOGE) and Sui (SUI) have been particularly affected by these dips.
After observing a rally pushing coins like Bitcoin and SUI to new highs in late November and early December, these dips are now occurring.
The recent decline presents an opportunity for investors to stack up both SUI and DOGE ahead of an anticipated crypto market rally in 2025. At the same time, many investors are also turning to Rollblock, a new casino token causing FOMO after raising over $7.6 million in its presale. Let’s find out why Rollblock is attracting crypto traders and investors.
Rollblock attracts traders and gamers during presale
While SUI and DOGE have been battling the broader crypto market decline, Rollblock has been moving upward since its presale began. The Rollblock presale has raised $7.6 million within a few months, causing FOMO among investors and traders.
The increased interest in the Rollblock project is due to its exciting online gambling and DeFi investing features.
The Rollblock Casino is the ecosystem’s online gambling arm. It features thousands of players’ favorite casino games, providing an opportunity for active players to wager with the RBLK token for potential winnings. The DeFi investment arm of the project is prominent via its staking feature, offering up to 30% returns per annum.
Moreover, there’s a revenue-sharing system for token holders to get a percentage of the casino’s weekly income as extra earnings.
SUI loses steam after hitting a new all-time high
SUI had one of its major highlights this year, reaching an all-time high price of $4.91 on December 16. SUI has returned over 500% profit to its investors this year alone. However, the slight fall in the current SUI price has seen it trading at around $4.50 at the time of writing. The fall in the SUI price coincides with a bearish sentiment in the general crypto market.
The SUI price is still testing stability and key support levels. So, it may regain momentum if higher resistance isn’t very strong. Conversely, low support levels will drag down the SUI price, which will affect its investors. However, long-term investors can back SUI at its current low price and hope for bigger gains.
DOGE dips by over 25% in the past month
Like SUI, the ongoing bearish sentiment in the global crypto market has negatively impacted meme coins like Dogecoin. DOGE flew high between late November and early December 2024. However, the DOGE price has now fallen by over 25% in the past month. The reduced demand for DOGE has also resulted in the meme coin’s trading volume falling by over 16% in the last 24 hours.
As of the time of writing, DOGE is valued at around $0.31, making it an affordable investment opportunity for crypto traders and investors before an anticipated Dogecoin rally in 2025. However, investors are doubtful about the possibility of DOGE reaching higher highs based on its lack of utility.
Conclusion
The Rollblock presale is currently in stage 9 and valued at $0.044. With at least a 15% increase in the next stage and bigger potential after its full launch, now is a good time to buy the dip on Rollblock.
Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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