Since the beginning of this year, the interest of Google users in cryptocurrencies has grown across the globe. Based on Google Trends, Bitcoin, Dogecoin, and Rollblock were the most searched cryptocurrencies in May 2024. The rise of Bitcoin ETFs, Dogecoin’s meme coin rally, and Rollblock presale performance are factors that led to the increase in search rate.
Bitcoin (BTC) ETFs Net Inflow Rises, Price Skyrockets
Bitcoin (BTC) being one of the most searched cryptos in May is no surprise at all. The leader of the cryptocurrencies has been in the spotlight since the US SEC greenlighted Bitcoin ETFs in January. As the data from SoSoValu shows, the investors poured more than $306 million into Bitcoin ETFs on May 21st.
The increase in net inflow has continued into the month of June and might be responsible for Bitcoin’s latest price surge. On CoinMarketCap, data shows that the price of Bitcoin has risen by 4.% in the past week to hit a peak at $71k. If this rally stays, analysts believe Bitcoin will surpass its current all-time high.
Dogecoin (DOGE) Retains Investor’s Interest
Dogecoin (DOGE) was also among the most searched cryptos last month. The memecoin shocked the crypto community when it rallied from a low of $0.1228 and peaked at $0.175. When Elon Musk said that Tesla may potentially accept Dogecoin as a form of payment this spurred a surge for the number one meme coin.
Even though the Dogecoin price fell in the subsequent days, it is still among the coins that posted some of the highest gains in the market, having clocked an annual return of around 127%. The memecoin is currently trading between $0.1549 and $0.1664 on the weekly price chart. Analysts are bullish that Dogecoin can climb to the $0.200 region in June.
Rollblock (RBLK): One of the Best Altcoins To Invest In for June
In addition to Bitcoin and Dogecoin, the search activity for Rollblock (RBLK) also skyrocketed in May. Investors flooded the market, wanting to know more about Rollblock and its GambleFi project after it produced a terrific price performance.
Rollblock had just started its crypto ICO for the RBLK token which is the native token of the platform. So far, the ICO has turned out to be something successful. Rollblock has to date, raised over $700K and has given early investors a 40% return on investment. So, let us look at Rollblock’s GambleFi project and what makes it so interesting to the investors.
Rollblock can be described as a gambling project that leverages the features of blockchain to ensure that people have the best casino games to play. The following are some of the reasons why Rollblock is set to become the best gambling project in the crypto space; it is a licensed platform that also does not require KYC. Rollblock offers over 150 games to the players and allows them to place bets with more than 20 cryptocurrencies. They will also be introducing sports betting soon which could be massive with the European Championships and upcoming Olympics.
But that is where Rollblock steps in, and it is not just a gambling site. Rollblock has a revenue sharing system where players are able to earn passive income by staking their RBLK tokens. This is how it goes. Rollblock devotes a part of its earnings to the purchase of RBLK tokens from the open market. Then, It distributes 50% of the tokens for staking and rewards and burns the other 50%. With Rollblock you are no longer betting against the house, you are becoming a part of it.
This burning creates a deflationary mechanism that reduces the supply of RBLK and increases its value, making it a good crypto to have. Presently, RBLK is at the third stage of its crypto ICO and is trading at $0.014. This is the best time to join the presale because analysts have predicted a price surge of 10x in the coming months.
Conclusion
Bitcoin, Dogecoin, and Rollblock have a bullish season ahead of them, given their bullish performance in the past month. Investors who are looking for the best altcoins to invest in can add them to their portfolios.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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