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Cryptocurrency News Articles

Rollblock (RBLK) Presale Skyrockets as Dogecoin and Solana Holders Take a Bet on the GameFi Ecosystem

Jan 23, 2025 at 02:12 pm

Rollblock's GameFi ecosystem is seeing huge growth and has already accumulated more than $9 million during its presale stages.

Rollblock (RBLK) Presale Skyrockets as Dogecoin and Solana Holders Take a Bet on the GameFi Ecosystem

Dogecoin’s demand surged on Monday after Elon Musk’s Department of Government Efficiency website featured the meme coin’s logo. At press time, Dogecoin’s price was up 6.82% over the past 24 hours at $0.375.

Dogecoin’s demand skyrocketed after the launch of Elon Musk’s Department of Government Efficiency website which featured the Dogecoin logo.

Dogecoin’s price is still over 48% down from its all-time high of $0.7376, but analysts are optimistic about more Dogecoin rallies in the next few weeks.

This optimistic sentiment is driven by Dogecoin’s technical indicators which are flashing strong buy signals. Dogecoin is already trading above all the Exponential Moving Averages on the DOGE/USDT daily chart, reflecting strong upward momentum.

Dogecoin’s MACD line has also formed a bullish crossover with the signal line which typically hints at an upcoming rally.

Solana’s price had seen a crash before it experienced a sudden resurgence on Saturday. Solana’s blockchain surged with activity after Donald Trump launched his TRUMP token, triggering a massive demand-induced rally for Solana.

Although Solana quickly reached a resistance level, analysts are optimistic about more upward movement before the end of Q1.

Solana is currently trading at $253.25 after an intraday increase of 2.83%. Solana is also trading above all of its Exponential Moving Averages on the SOL/USDT daily chart, confirming the bullish hypothesis.

Since Solana’s MACD line has formed a bullish crossover with the signal line, Solana’s price could test the nearest $275.73 resistance in the next few weeks.

According to DeFi analysts, Dogecoin and Solana will likely experience significant price fluctuations in Q1.

Meanwhile, Rollblock’s approach to merging online gaming with the decentralized finance space sets the platform apart from traditional utility tokens. Rollblock has a high adoption rate and has seen consistent returns, with analysts predicting huge price increases in Q1.

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Other articles published on Jan 23, 2025