After experiencing a massive surge in the wake of Donald Trump’s presidential victory, Dogecoin (DOGE) has retraced and is currently consolidating on lower levels. Will Dogecoin’s rally continue or will it experience further disruption before picking up speed again?
According to some, Dogecoin is in for a steeper correction first, and investors are already hedging their positions in case of a breakdown. Many holders are rotating profits into low-cap projects that could yield bigger gains, such as DeFi platform Rollblock, which is already making waves with its viral presale.
Why Dogecoin Could Retest $0.20
Trump’s victory has reinvigorated the Dogecoin (DOGE) community. Not only the President-elect has been a vocal supporter of crypto in general, but Dogecoin’s most famous champion, Elon Musk will be tasked to lead the newly-founded Department Of Government Efficiency, with the convenient acronym — DOGE. At this point, it’s very clear what the future has in store for Dogecoin, however, in the short term, the picture is slightly less rosy.
Over the last day, Dogecoin saw a 4% decrease, with its price sitting at $0.36. Dogecoin’s volume has also taken a 30% hit with about $12.4 billion worth of DOGE traded on exchanges. Analyst Master Kenobi has shared on X a thorough analysis of Dogecoin’s current standing in the market. He highlighted that Dogecoin is potentially repeating a chart pattern seen in late 2020, pointing out that before the next leg up, Dogecoin could revisit the crucial $0.20 support.
Rollblock’s Continuous Growth Is A Safe Haven Amid Increased Volatility
The $450 billion industry is increasingly migrating online and community-backed Web3 Rollblock could disrupt the entire space with its ground-breaking platform. By merging centralized and decentralized aspects, Rollblock seeks to provide a high-end experience secured by Ethereum’s tried and tested blockchain. This means near-instantaneous transactions that are immune to tampering since all the information is immutably inscribed on the blockchain.
To cement its commitment to security and user trust, Rollblock has been thoroughly audited by SolidProof making it compliant with the latest regulations. Over 20,000 players are already enjoying the 7,000-game catalog, which includes a wide array of titles, from classics to live games, and even AI-enhanced games. Furthermore, Rollblock is set to further expanding its services.
But Rollblock is more than just another run-of-the-mill crypto platform, as it also plays the role of an investment vehicle, thanks to the unique revenue-sharing system powered by the $RBLK token. On a weekly basis, the platform will reinvest up to 30% of its revenue to perform open-market buybacks of the $RBLK token. Of this amount, 40% is distributed to holders as recurring staking rewards. The remaining 60% is fed into a burn mechanism, reducing the total supply and allowing RBLK to rise sustainably as the cycle progresses.
Right now, RBLK is priced at just $0.035, and more than $5.4 million has been raised in the ongoing presale. By the end of the event, an 800% increase is expected and once $RBLK is listed on all major exchanges, it could vastly outperform the rest of the market and see a massive 100x price multiplier. Taking action today could be one of the best moves of 2025. Don’t miss out! For a limited time RollBlock Tokens are available with a 50% Bonus, providing the perfect opportunity to acquire $RLBK!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.