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Cryptocurrency News Articles

Shiba Inu Price Surges on Bullish Market Momentum

Nov 28, 2024 at 07:06 pm

The Shiba Inu price has surged, riding the wave of bullish sentiment since Trump's landslide victory earlier this month. With renewed investor confidence, meme coins will pump more, and SHIB has gained over 50% this month, although it remains well below its 2021 all-time high (ATH).

Shiba Inu Price Surges on Bullish Market Momentum

Cryptocurrency prices continued to surge on Monday, with meme coins leading the charge amid a broader market rally.

The Shiba Inu price soared by over 50% in the last month, as bullish sentiment swept through the crypto market following Trump’s landslide victory earlier this month. Meme coins have benefited immensely from the renewed investor confidence, with SHIB surging as anticipation of another new DOGE ATH edges closer.

However, it’s not just meme coins that are rocketing, as new altcoin Rollblock has caught an early bid with savvy investors. It’s still only in stage 8 of its presale, but at over $6m raised, it’s already amassed more than expected.

Altcoin Rollblock Turning Heads Among Crypto Investors

The crypto market has always been a space for innovation and bullish price pumps, and Rollblock is proving to be the latest altcoin to capture the attention of savvy investors.

As a GambleFi platform designed to disrupt the $500 billion online gambling industry, Rollblock is primed for disruption and success. The platform offers over 7000 casino-style games and a wide sports betting book, but its main selling point is that investors get the chance to receive a passive income.

This is mainly through its Revenue Share Model, which ensures all token holders receive a share of the platform’s revenues. Additionally, Rollblock token holders can stake their tokens to help with liquidity and security, and for this, they’re rewarded with up to 30% APY, making Rollblock a serious contender for passive income investors.

Shiba Inu Price Surges on Bullish Market Momentum

The Shiba Inu price has surged, riding the wave of bullish sentiment since Trump’s landslide victory earlier this month. With renewed investor confidence, meme coins will pump more, and SHIB has gained over 50% this month, although it remains well below its 2021 all-time high (ATH).

As a top meme coin, Shiba Inu benefits more than most from alt season, but with the market maturing thanks to institutional money entering the space, one has to wonder if the Shiba Inu price can break its ATH, after all, it’s still 50% off.

New DOGE ATH as Election Fever Continues to Pump Meme Coins

Not to be outdone by the Shiba Inu price, Dogecoin caught election fever and has rocketed almost 200% since the election win, leaving many now positive that we’ll see another DOGE ATH in this cycle. The Dogecoin price surged in the last cycle thanks to Elon Musk’s influence, and with the Tesla CEO forming a new DOGE government agency, investors are speculating that he will help pump the price yet again.

Conclusion

A new DOGE ATH is on the cards, and we could even see a Shiba Inu price explosion if we see another alt season like previous cycles. However, it’s new cryptos that bring in the big rewards, and with the success of Rollblock’s presale, many analysts predict this exciting new GambleFi platform will lead the bull charge.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

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