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Dogecoin and Shiba Inu holders are reportedly shifting their focus to Rollblock, anticipating a potential 5,000% price surge.
Table of Contents
- Rollblock Reaches New All-Time High Amidst Increased Accumulation
- Dogecoin Investor Confidence Wanes as Network Activity Decreases
- Shiba Inu Faces Further Losses as Bearish Sentiment Persists
- Final Verdict
Dogecoin (DOGE) and Shiba Inu (SHIB), while prominent in previous crypto bull runs, are now seeing Rollblock (RBLK) gain significant traction due to its real-world utility and impressive price trajectory. With its presale exceeding $10.8 million and RBLK experiencing a 500% surge in a short period, investors are actively seeking to participate before further price increases.
Rollblock Reaches New All-Time High Amidst Increased Accumulation
Rollblock's presale has been exceptionally successful, raising over $10.8 million and propelling the RBLK token to a 500% increase in a remarkably short time. Following a market-wide buying spree triggered by an announcement regarding a strategic crypto reserve, Rollblock's accumulation rate further accelerated, driven by investor expectations of high returns in the altcoin market.
RBLK recently achieved a new all-time high of $0.061, and analysts predict a potential price target of $1 before the presale concludes. This viral GameFi project's success stems from its real-world utility. The platform offers over 7,000 web3-powered games, all secured on-chain for complete transparency and tamper-proof gameplay.
Players can enjoy classic games like poker and blackjack, live dealer experiences, and a competitive sports prediction league. Every transaction is immutably recorded on the Ethereum blockchain, ensuring fairness and preventing fraud. Further enhancing its security, Rollblock holds an e-gaming license from the Anjouan E-gaming Authority and its smart contract has undergone a comprehensive SolidProof audit.
At the core of Rollblock's gaming ecosystem is RBLK, a utility altcoin with deflationary tokenomics. Unlike inflationary tokens, RBLK's supply continuously decreases, increasing scarcity. Rollblock's revenue-sharing model also benefits long-term investors, allocating up to 30% of weekly revenue to repurchase RBLK on the open market. 60% of these repurchased tokens are burned, while the remaining 40% fund staking rewards, offering up to 30% APY. In March, a referral bonus program offers both referrer and referee a 30% RBLK bonus, plus an additional 20% purchase bonus.
Dogecoin Investor Confidence Wanes as Network Activity Decreases
Dogecoin's momentum is weakening, with network activity remaining stagnant since November 2024. Its price has also been consolidating, resulting in a 37.23% loss over the past month. Technically, Dogecoin's 4-hour chart reveals a descending channel pattern, and its RSI has fallen below 50, indicating bearish sentiment.
Currently trading at $0.1592 after an intraday decline of 6.05%, Dogecoin may face significant resistance at the $0.22 level unless buying activity increases.
Shiba Inu Faces Further Losses as Bearish Sentiment Persists
Following the dissipation of the Trump-related hype on March 3rd, Shiba Inu experienced a 9.11% weekly loss. Despite a 93.64% increase in its burn rate, investor interest hasn't been reignited. The 21-day moving average has repeatedly acted as resistance, suggesting continued bearish control. Pressure is mounting towards a potential breakdown below the $0.0000116 support level, which could trigger a significant sell-off.
Shiba Inu is currently priced at $0.00001184, up 0.18% intraday. However, technical indicators suggest potential short-term losses.
Final Verdict
While Dogecoin and Shiba Inu grapple with bearish trends, Rollblock's expanding GameFi ecosystem and revenue-sharing model are establishing new standards in the crypto space. Its growing community, strong fundamentals, and deflationary rewards position RBLK as more than just another altcoin—it represents a potential revolution in blockchain gaming.
For more information on Rollblock, please visit their website and social media channels.
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