Shiba Inu whales have sold 7.48 trillion tokens in the last 24 hours while Dogecoin is experiencing a short term retracement after its massive post-election rally. Meanwhile, investors are switching to Rollblock’s viral presale that is already poised for 880% gains before its official token launch.
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Shiba Inu Whales Sell 7.48 Trillion SHIB Tokens in a Single Day
Shiba Inu’s price jumped by a significant 47.84% during the post-election hype but it appears to be losing investor interest now. Shiba Inu has recorded 7.48 trillion SHIB outflows from whale addresses over the last 24 hours which typically suggests a bearish market sentiment. Since such whale activity can trigger panic sell-offs across the market, analysts believe Shiba Inu’s price could experience steeper declines in the next few weeks.
Shiba Inu is currently trading for $0.00002533 after an intraday increase worth 3.94%. Despite the minor price increase, Shiba Inu’s volume has crashed by 34.72% during the same period which suggests low network activity. Since Shiba Inu’s MACD level is already flashing sell signals, analysts are expecting Shiba Inu’s price to retrace toward the $0.00001772 support.
Dogecoin (DOGE) Experiences Short Term Pullback After Massive Post-Election Rally
Dogecoin’s price jumped by a massive 200% during the post-election rally as Trump indirectly endorsed Dogecoin with his new Department of Government Efficiency. After this exponential rally, Dogecoin entered a correction phase as its RSI entered overbought levels.
Dogecoin is currently trading for $0.4002 after an intraday jump of 3.18% which suggests a possible resurgence. Although Dogecoin’s volume has crashed by 33.54% over the last 24 hours, this dip could hint at lower selling activity amongst Dogecoin holders. If Dogecoin’s buying activity increases again, analysts believe Dogecoin could continue its uptick toward the big $1 milestone.
Rollblock (RBLK) Attracts Memecoin Whales Ahead of Altseason Hype
Rollblock is outshining the meme coin market during Q4’s altseason with its viral crypto native GambleFi project. While traditional casinos fail to provide adequate security and provably fair gambling to users, Rollblock is changing the iGambling narrative by integrating its native cryptocurrency. As Rollblock gives traders the chance to earn a massive income by playing exciting games, the platform is already poised for a huge 100x rally on its official launch day.
By bringing the latest blockchain technology to the world of online gambling, Rollblock is bringing trust and transparency back to the $500bn per annum global gambling market. If Rollblock manages to capture just 1% market share by 2025, it could easily surpass the gains of popular memecoins like SHIB and DOGE.
Since Rollblock’s ecosystem is powered by the platform’s native RBLK token, traders can play more than 7,000 AI-powered games to accumulate more RBLK. As they win, they can use these RBLK tokens to access more exclusive games or add the tokens to a staking pool to earn a weekly passive income.
With Rollblock’s revenue-sharing model, the platform allocates up to 30% of its revenue to repurchase RBLK on the open market. While 40% of these tokens are distributed as rewards with the highest APYs in the market, the remaining 60% are burned to ensure RBLK’s circulating supply never breaches the hard cap of 1 billion tokens.
Given these deflationary tokenomics and impressive gaming features, Rollblock’s current selling price of just $0.036 is a massive steal. As market experts project up to 880% ROI for RBLK’s early investors, the platform is seeing a huge influx of memecoin whales who are jumping ship to the altcoin revolution. Rollblock has a 50% bonus offer available on all purchases.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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