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Investors shift from PEPE, Shiba Inu to this new altcoin set to 100x in 2024

Release: 2024/08/12 03:02 Reading: 575

Original author:crypto.news

Original source:https://coinmarketcap.com/community/en/articles/66b8fe62fc1d74508c68bd6a

Investors shift from PEPE, Shiba Inu to this new altcoin set to 100x in 2024

Memecoins Fade, Rollblock's Crypto Casino Emerges with Promising Gains

While memecoins like Pepe and Shiba Inu have experienced a decline, a new GambleFi trend is gaining traction with the introduction of Rollblock's innovative crypto casino. With $2 million in capital raised, analysts anticipate significant rallies for the platform's native token (RBLK).

Pepe's Bearish Trajectory

Pepe's price has plummeted by 18.5% over the past week. Despite a recent 5% increase, technical indicators suggest a bearish trend. Its trading price remains below key moving averages (50-day and 200-day EMA), indicating strong selling pressure. The Relative Strength Index (RSI) of 47.45 points to potential further declines in the coming weeks.

Shiba Inu's Waning Interest

Shiba Inu has witnessed significant sell-offs, with Binance's SHIB reserves decreasing by 3% this month. The price has been trending downward since March, prompting analysts to believe its momentum is waning. Despite a 5% gain in the last 24 hours, open interest has fallen by 51% in the past 15 days. Technical indicators hint at a continued bearish outlook for Shiba Inu.

Rollblock's Rise

Amidst the decline of memecoins, Rollblock is gaining market traction. Its crypto casino combines the advantages of centralized and decentralized gaming, providing a premium experience for crypto gamblers. Based on the Ethereum blockchain, every transaction and bet on the platform is transparent and free from manipulation.

Key Features

Rollblock offers a variety of features:

  • Seamless transition between centralized and decentralized gaming
  • 150+ AI-powered games
  • High-end user experience
  • No KYC checks required
  • Revenue-sharing model: 30% of casino revenue allocated for RBLK buybacks and staking rewards
  • Current presale price: $0.02

Promising Future

With $2 million raised during presale stages, analysts predict a substantial price increase for Rollblock in the coming weeks. As the popularity of its crypto casino grows, forecasts suggest a 100x rally during the next bull run and an impressive 800% surge by the end of the presale.

Disclaimer:

This article is for informational purposes only and does not constitute investment advice. Conduct thorough research before making any financial decisions.

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