Shiba Inu and Dogecoin lead a meme coin resurgence, but investors eyeing the next 100x gains might find Rollblock's GambleFi platform more promising.

Table of Contents

• Shiba Inu gears up for the next rally as volume surges
• Dogecoin consolidation continues, support is holding strong
• Rollblock's gaming catalog and reward system shine

Shiba Inu gears up for the next rally as volume surges

Shiba Inu has been consolidating around the $0.000024 mark over the last few days after a retracement from the $0.000029 level where selling pressure intensified. Over the last month, Shiba Inu has experienced 31% gains, placing it at the 11th place on the crypto totem pole with $14.69 billion in market capitalization.

Shiba Inu bulls have taken advantage of this dip and added to their positions, as reflected by the 15% surge in 24-trading volume, with over $1.3 billion worth of SHIB traded on exchanges. Shiba Inu's burn mechanism has also fired on all cylinders, reaching a 6,223% increase in SHIB removed from circulation, or roughly 290,000 tokens in a single day.

Dogecoin consolidation continues, support is holding strong

Dogecoin has also experienced a pullback that took it from $0.42 to $0.37 where consolidation has started. Over the last day, Dogecoin recorded little to no movement in terms of price action, as the broader crypto market has entered a brief cool-off phase.

Just a few hours ago, Elon Musk sent the Dogecoin community into a frenzy as he revealed that he is still holding his DOGE bag with no intention of selling anytime soon. Elon Musk single-handedly reignited the Dogecoin hype with its pivotal role in Trump's presidential victory. This is significant as the President-elect has made it clear that his administration will support and encourage cryptocurrency development in the US and, in addition to this, Elon Musk is set to be head of the newly founded Department of Government Efficiency, codenamed DOGE.

Rollblock's gaming catalog and reward system shine

Rollblock is a web3 casino that seeks to bring an end to the issues that have turned users away from the online gambling sphere: lack of trust, safety, and transparency. Rollblock solves this with the use of blockchain technology, which ensures that all transactions are easily traceable and tamper-proof.

Over 7,000 titles await newcomers and variety is the name of the game. From blackjack to poker, from live games to brand-new AI-enhanced experiences, Rollblock has it all. Additionally, the new sports betting feature will be unveiled in the upcoming weeks.

One of Rollblock's most interesting aspects is the generous revenue-share mechanism, which grants users some of the highest APY on the market. Up to 30% of the generated revenue will be reinvested weekly to repurchase RBLK tokens from the open market. These tokens will be airdropped to holders as recurring staking rewards, while another portion of RBLK will be burned, promoting scarcity-driven, long-term growth.

Priced at $0.035, Rollblock represents a solid addition to any crypto portfolio. Given all that this novel GambleFi platform offers, a 100x price increase could be possible in the next few years.

Disclaimer: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.