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Cryptocurrency News Articles

Rollblock (RBLK) Set to Trounce Top Meme Coins SHIB and DOGE in the Upcoming Bull Run

Oct 25, 2024 at 06:30 pm

As the SHIB and DOGE bullish wave wanes, market pundits have picked Rollblock (RBLK) as the low-cap altcoin that will trounce DOGE and SHIB

Rollblock (RBLK) Set to Trounce Top Meme Coins SHIB and DOGE in the Upcoming Bull Run

As the SHIB and DOGE bullish wave wanes, market pundits have picked a low-cap altcoin that will trounce the meme coins in the upcoming bull run. Here’s a look at why analysts tout 100x crypto gains for RBLK.

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 to break a formidable psychological barrier in the $0.14 zone.

After a massive upswing that saw DOGE hit a high of $0.14975, the meme coin is still trading downwards, putting pressure on the bears to hold gains above $0.13. That could set up a price floor for further upside towards the $0.17 level.

Meanwhile, analysis of blockchain wallets reveals that top meme coins whales are piling into a new GambleFi crypto for mammoth yields.

Top meme coins hit a snag in H1 2023

SHIB and DOGE are among the top meme coins that enjoyed a bullish wave in H1 2023. However, both meme coins appear to be hitting a snag in their price rallies.

After rallying to a high of $0.00002169, SHIB is now trading downwards, with a selloff seen in the past 24 hours. This comes as SHIB is yet to hit a new all-time high despite the recent price gains.

For SHIB to hit $1, it needs to reach a $589 trillion market cap. Given its large supply and dismal price action in the past two years, hitting $1 looks like a pipe dream. Savvy investors are migrating to new low-cap altcoins for huge returns.

DOGE, on the other hand, has posted a price increase of over 31% in the past month, pushing its yearly ROI to 115%. However, these gains appear to be lackluster for a top meme coin.

Moreover, despite the recent rally, DOGE is still struggling to break past a long-term psychological barrier in the $0.14 zone. This has left many wondering if DOGE will hold gains above $0.13, which could set up a price floor for further upside towards the $0.17 level.

A recent analysis of blockchain wallets shows that top meme coins whales are piling into the new GambleFi crypto RBLK for mammoth yields. As the SHIB and DOGE bullish wave wanes, market pundits have picked Rollblock (RBLK) as the low-cap altcoin that will trounce DOGE and SHIB in the upcoming bull run. Here’s a look at why analysts tout 100x crypto gains for RBLK.

As the SHIB and DOGE bullish wave wanes, market pundits have picked a low-cap altcoin that will trounce the meme coins in the upcoming bull run. Here’s a look at why analysts tout 100x crypto gains for RBLK.

Rollblock (RBLK) is set to trounce top meme coins

Unlike DOGE and SHIB, which offer no real-world value to investors, this GambleFi altcoin aims to bring utility into speculative markets.

Rollblock functions as the in-game currency of the Rollblock AI-driven iGaming platform, serving as the medium for gaming credits, player payouts and staking rewards and bonuses. It’s also a tradable asset that can be exchanged for other crypto or fiat currencies.

But it’s the investment opportunity that RBLK offers to investors that makes it attractive. RBLK holders receive up to 30% of the platform’s gross profits as weekly rewards, making this altcoin a passive income-yielding asset.

Further, Rollblock’s low-cap status gives it a lot of headroom to rise into a multibillion crypto asset in the half-trillion gambling market. Analysts believe the token price could shoot the moon with 100x returns for investors even with a small share of the $540 billion gambling empire.

Top meme coins hit a snag in H1 2023

After a massive upswing that saw DOGE hit a high of $0.14975, the meme coin is still trading downwards, putting pressure on the bears to hold gains above $0.13. That could set up a price floor for further upside towards the $0.17 level.

Meanwhile, analysis of blockchain wallets reveals that top meme coins whales are piling into a new GambleFi crypto for mammoth yields.

SHIB, DOGE set for another bull run in 2023?

SHIB and DOGE are among the top meme coins that enjoyed a bullish wave in H1 2023. However, both meme coins appear to be hitting a snag in

News source:bitcoinist.com

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Other articles published on Oct 25, 2024