Dogecoin and Shiba Inu are currently struggling in August, having both experienced consecutive declines over the past week. Meanwhile, Rollblock is holding up well during a period of market volatility, leading analysts to believe that Rollblock could achieve 100x gains in the peak of the bull run.
Dogecoin Declines As Bearish Momentum Builds
As hype degrades from the market, memecoins such as Dogecoin have plummeted in value in the short-term. Notably decreasing by 20% this month, Dogecoin is experiencing multiple price fluctuations, particularly as the market enters a bearish limbo stage.
Some analysts believe that Dogecoin’s price action will remain stagnant for the foreseeable future. With the market still recovering from early August’s devastating market crash, Dogecoin is expected to see further declines.
Crypto Analysts Are Down On Shiba Inu Despite Likely Long-Term Recovery
Alongside Dogecoin, Shiba Inu is experiencing multiple fluctuations in August. Down over 22% in 30 days with whale transaction volume for Shiba Inu plummeting to dangerously low levels, multiple crypto analysts are bearish on Shiba Inu’s short term prospects.
It remains unclear when Shiba Inu’s trajectory will swing bullish, though recent Shiba Inu burns exceeding 1088% have seen Shiba Inu undergo a minor 1% surge in 24 hours.
Rollblock Could Become The Next Gem To Provide Investors With Eye-Watering Returns
Rollblock merges centralized and decentralized gaming experiences while notably bypassing the KYC process that is standard with most GambleFi platforms. This is attractive to users who value their anonymity and don’t want to divulge their private information. Moreover, this reduces friction to entry, attracting even more people to join.
New games and frequent updates are commonplace, as the platform leverages information obtained via feedback sessions and strategic partnerships with major players to constantly enhance the user experience. User polls provide essential feedback that allows Rollblock to evolve based on what users desire most, and strategic partnerships facilitate new games and unique technology within the platform’s ambit.
An example of this would be Rollblock’s state-of-the-art security technology, which encrypts all bets and transactions on the platform. An essential component of a GambleFi casino, users never have to worry about security breaches or nefarious activity that could affect their funds or privacy.
Rollblock is also expanding into sports betting, an additional element to its extensive game library of over 150 titles. This expansion provides even more utility for RBLK tokens and enhances the platform’s attractiveness to a broader audience.
The platform features an enticing revenue-sharing incentive. Up to 30% of weekly profits are allocated to RBLK token holders through a buyback initiative where half of the tokens are burned and the other half are distributed as rewards. This approach significantly reduces selling pressure while increasing demand for the RBLK token.
The RBLK token is priced at $0.021 in stage five of the presale and is expected to experience an 800% price surge following the platform’s official launch in Q4. Early investors could be rewarded with life-changing gains, with potential explosive returns ranging from 50x to 100x in 2024-2025.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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