Ever since Bitcoin launched back in 2009, investors have been looking for the next big thing. Some have come and gone, and some keep fighting, such as meme coins Dogecoin (DOGE) and Shiba Inu (SHIB). That said, both leading meme coins have faltered lately, with both the Dogecoin and Shiba Inu prices down over 50% since their 2024 highs back in March.
It’s not all bearish, even though the market is trending down. The New Ethereum-based GambleFi token Rollblock is smashing all expectations. No, in stage 6 of its presale, the price is already up 140%, but with analysts predicting gains of 880%, there’s a long way to go.
Dogecoin on a downward spiral since March
Dogecoin is down over 50% from its yearly highs, but despite this, DOGE remains a popular choice among retail investors and speculators. Much of the confidence in Dogecoin is down to its strong community and backing from Elon Musk.
The billionaire Tesla CEO publicly backed Dogecoin in the last cycle, and while he hasn’t tweeted anything this time, it’s fair to assume that the Dogecoin price will bounce back eventually, even if he remains on the sidelines.
The Shiba Inu price is worrying for investors
The Shiba Inu price has dropped by almost 60% since its March highs, and while one can never write any leading meme coin off, it is a worry. Like DOGE, it has a strong community and will attract speculators once it starts to bounce back.
As we await the next alt season, Shiba Inu could continue its slide, but with the Federal Reserve expected to start slashing interest rates, cheap money is expected to pur into the space. And, of course, this is great for SHIB, and once the market moves, the Shiba Inu price will eventually reach new highs.
RBLK
In every crypto market cycle, there’s a new crypto that stands out, and the new Ethereum-based GambleFi token, Rollblock, is already attracting plenty of attention. Sure, the overall market sentiment is bearish, but Rollblock’s presale is smashing expectations as the price has risen 140% since the presale started.
Rollblock blends the excitement of online gambling with the security and transparency that only platforms built on blockchain can offer. It’s proving to be a winning formula, as investors recognize the potential of a token that not only serves as a medium for transactions within the Rollblock platform but also provides investors with a way to earn a passive income.
That’s right. By holding $RBLK tokens, investors receive a share of the revenue generated by the casino. And best of all, the more successful the platform is, the more investors can earn. It’s already driving utility within the platform, even though the presale is still ongoing.
There’s also a staking program, where token holders who provide liquidity qualify for a reward of up to 30% APY. Added with a weekly buyback and burn program and token scarcity is almost guaranteed to drive up the value of the token.
Analysts were bullish from the start with Rollblock, but with over $3m already raised and token appreciation of 140% already, there’s clear room to be optimistic going forward for this GambleFi token.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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