Shiba Inu and Pepe have seen steep price drops as the March correction took a toll on the crypto market. In the past few days, both projects experienced some relief as volume started picking up. This is a promising sign for what’s in store for meme coins, and analysts believe that by the end of 2024 they could soar to new highs, with Pepe potentially challenging the top two meme coins.
Meanwhile, the RBLK presale just crossed the $1 million mark. Investors are starting to pay more attention as the Rollblock casino is growing in popularity in the crypto gambling market with its innovative DeFi platform and lucrative reward system.
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V-Shaped Recovery For Shiba Inu
After a prolonged down trend that wiped out more than 50% of its value, Shiba Inu has started to gain traction. Shiba Inu was recently moving in a narrow range around the $0.000017 mark. The past week saw Shiba Inu experience a mini capitulation that took the price down to $0.000013, though crypto bulls quickly stepped up, which resulted in a 30% rebound.
Despite Shiba Inu’s recent underperformance, analysts agree that the future is looking bright for holders. In the past month, 900 million Shiba Inu tokens were burned, deflating the supply while priming the meme token for a new price surge.
The Shiba Inu team has been working hard to finalize new partnerships, such as the recently announced cooperation with Zama.ai. The Shiba Inu ecosystem is continuously expanding, making it a solid long-term hold that will indubitably reward investors’ patience.
Higher Lows On Pepe Chart, Breakout Incoming?
Much like Shiba Inu, Pepe also experienced significant turbulence amid the recent market correction. But as Bitcoin rebounded, Pepe followed its footsteps and quickly recovered from a series of sell-offs. Pepe found a bottom at $0.0000077 when buyers stepped in, it then rose by 27%, reaching a weekly top of $0.0000098.
Given the inherent volatility of meme coins, analysts believe that Pepe is primed for a major rally in upcoming months, possibly aiming at a new peak. Pepe’s price is now moving in a range that gets narrower by the day, this could signal that a breakout is imminent, which could take Pepe to new heights.
Rollblock Leads Upcoming Crypto Gaming Surge
Rollblock is set to disrupt the $450 online gambling industry with its innovative casino framework. It introduces a cutting-edge DeFi platform with a focus on security, seamless integration of both centralized and decentralized gambling communication, and a commitment to user trust to create an immersive gaming experience.
Rollblock is built on Ethereum and integrates the latest encryption and blockchain technology. This guarantees the highest degree of safety for users, protecting both their data and peace of mind. Besides that, there is also no KYC requirement, ensuring complete anonymity, all that users have to do is connect their wallet or sign up via email to immediately start playing one of the 100+ games from the catalog, with sports betting to be added soon.
One of Rollblock’s most interesting features is its profit-sharing model. On a weekly basis, Rollblock will spend up to 30% of the generated profits to purchase RBLK tokens on the open market. Half of this amount will be burned forever, reducing the total supply and allowing the value of RBLK to rise sustainably, effectively making it a deflationary token. The other half will be used to reward holders who stake the token, offering some of the highest APY in the crypto market.
Currently the RBLK presale is at stage 3 and the price has already increased by more than 50%, currently sitting at $0.0158. Analysts believe that 720% increase is to be expected by the end of the presale alone. As the crypto gaming narrative starts ramping up a 100x surge seems to be in the cards for RBLK, meaning that the best time to invest is now, as the price is the lowest it will ever be!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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