Shiba Inu (SHIB) and Dogecoin (DOGE) investors are now moving onto the Rollblock (RBLK) ICO, which uses blockchain technology in Internet gambling. Even though meme coins continue to dominate for their community-driven appeal, Rollblock utilizes a GambleFi model which places focus on transparency, security, and real-world utility. This innovation is attracting experienced investors seeking long-term growth, making Rollblock a crypto rising star.
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Shiba Inu Hits Critical Support as Selling Pressure Looms
In the daily chart, Shiba Inu has been under the formation of a consolidation in the triangle in the hope of a breakout. However, on-chain data reveals potential vulnerabilities. Shiba Inu is clinging to the critical support range of $0.000022–$0.000023, backed by approximately 33 trillion SHIB held by 45.78% of in-the-money addresses. A breakdown below this level could trigger a significant retracement.
While buying activity is strong within this range, Shiba Inu selling pressure looms near the resistance at $0.000025, dominated by out-of-the-money addresses. This clustering of resistance zones suggests Shiba Inu may struggle to rise unless a notable demand spike materializes.
Should the $0.000022 support fail, lower levels at $0.000018–$0.000019, which align with historical buying interest, could provide a buffer against further declines. A sustained Shiba Inu recovery may depend on renewed market confidence and increased buying momentum.
Dogecoin’s Potential: What’s Next After $0.53 Resistance?
Dogecoin has grown 134.41% during the past six months and 166.44% within the last month. But the price has dropped a little over 4.00% within the last week, indicating short-term volatility. Currently, Dogecoin trades between $0.28 and $0.45, with its 10-day and 100-day simple moving averages (SMAs) at $0.38, signaling medium-term stability. The RSI at 51.09 and Stochastic at 41.64 indicate a neutral market stance.
Looking ahead, Dogecoin faces a resistance level of $0.53. A breakout above this could push Dogecoin toward $0.69, a 47% potential gain. On the downside, the nearest support is at $0.19, which would represent a 32% decline if breached. A lower support at $0.0263 offers a much deeper safety net. Maintaining momentum above key support levels could keep Dogecoin on an upward trajectory.
Rollblock’s Presale Success and Strategic Growth Position It as a Leading Force in the Online Gambling Market
Rollblock’s presale has far surpassed expectations in 2024, fueled by strong market demand and a boost from the recent U.S. presidential election results. With over $5.6 million raised, this impressive feat highlights the growing confidence in Rollblock’s potential and sets the stage for a strong market debut.
Rollblock is changing online gambling because of its new GambleFi platform powered by blockchain which offers a secure, decentralized, and transparent gambling experience. As the worldwide online gambling market approaches 744.8 billion by 2028, Rollblock has an excellent chance to capture a piece of this developing industry. With over 7,000 live casino video games and sports betting on the horizon, the platform is getting considerable attention from gamers and investors seeking to benefit from its growth.
Rollblock’s revenue-sharing approach ensures participants get a cut of the platform’s success. Redistributing a portion of the platform’s earnings positions Rollblock as a platform that rewards long-term engagement. The platform’s smart tokenomics add another layer of appeal: 30% of revenue is used to repurchase tokens, 60% is burned to produce more scarcity, and 40% is used as staking prizes to holders.
Currently in its presale stage 8, with tokens priced at $0.036, Rollblock has already raised over $5.6 million. Given the massive investment interest, many experts predict that $RBLK will skyrocket to $1 sooner than anticipated, making it one of the most promising crypto investments of the year.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
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