Memecoin Comeback: PEPE and SHIB Surge, Rollblock Set to Hit ATH
Memecoins are regaining momentum, with Pepe (PEPE) and Shiba Inu (SHIB) posting significant weekly gains. While the long-term potential of these tokens remains uncertain, Rollblock (RBLK) is poised to reach a new all-time high within the next ten days.
Pepe (PEPE) - Short-Lived Bullish Momentum
PEPE has experienced an uptrend with a 21.31% weekly gain; however, analysts predict this bullishness will be short-lived. Currently trading at $0.000008936, PEPE has faced a 1.78% intraday decline.
Technical analysis indicates Pepe's failure to breach the 200-day EMA, leading to a 3.6% downtrend on Sunday. The token remains below its 50-day and 100-day EMAs, with the RSI and Awesome Oscillator in neutral zones. A potential drop of 15% to $0.0000077 is expected if PEPE cannot overcome the $0.0000095 resistance.
Shiba Inu (SHIB) - Whale-Driven Price Volatility
Shiba Inu has seen significant whale activity, driving the price up to $0.000016. A subsequent sell-off has brought SHIB down to $0.00001472, resulting in a 3% intraday decline. These sharp fluctuations often signal buying activity, yet surprisingly, Shiba Inu's trading volume has decreased by 36.17%.
SHIB is trading below all three EMAs (50-, 100-, and 200-day) on the daily chart, but has managed to break above the first two moving averages on the 4-hour chart. Its RSI is still neutral, indicating the potential for SHIB to breach the $0.00001985 resistance and rally in the coming weeks.
Rollblock (RBLK) - Surge Ignites Buying Pressure
Rollblock's presale has been gaining momentum since its May launch. Combining Ethereum's blockchain with decentralized and centralized gambling, Rollblock aims to disrupt the multi-billion-dollar global gambling industry. Its strong security features and the gaining popularity of its GambleFi protocol have analysts predicting will become a top altcoin before its official launch in Q4.
Rollblock's presale is unique in offering a fully audited and licensed casino. Currently, the casino features an array of AI-powered games, including roulette, poker, blackjack, and slots. Additionally, Rollblock plans to introduce sports betting before the official launch.
Beyond gaming, Rollblock offers a profit-sharing scheme where investors can become liquidity providers. The company allocates 30% of its revenue to buy back RBLK on decentralized exchanges. Half of these tokens are burned, while the rest are distributed to investors as staking rewards, providing a consistent source of passive income.
In the past week, Rollblock's price has soared to a new ATH of $0.022, fueling bullish sentiment and buying pressure. Market experts predict an additional 800% surge before the end of the presale stages.
Disclaimer: This article does not constitute financial advice. Exercise caution and conduct thorough research before investing in any crypto asset.