When prices start falling, and investors look elsewhere, developers need to come up with new ideas to keep investor interest. The Shiba Inu price has not been doing well, and the implementation of a new Decentralized Autonomous Organization (DAO) to resuscitate the failing Shiba Inu price is not going to plan.
Similarly, Chainlink is trying some new things to remain relevant but is still only at 20% of its ATH. Both these tokens are being overtaken by the new GambleFi token Rollblock, whose presale has secured almost $3 million in liquidity so far.
What you'll learn 👉
Shiba Inu (SHIB): Shiba Inu price unimpressed by new DAO
Shiba Inu is set to launch a DAO to empower its community with greater governance control. The DAO will allow all token holders, regardless of stake size, to vote on key initiatives, enhancing the project’s decentralized nature.
wo councils will guide the DAO: the Charity Council, focusing on philanthropic efforts, and the Culture & Heritage Council, which will preserve the community’s unique identity. The Shiba Inu price, however, was unmoved by this announcement. Stuck at around the same levels as in August 2022, the Shiba Inu price is not indicating any confidence in the token’s future.
Chainlink (Link): Gunning for institutional adoption
With ETFs being approved and cryptocurrencies now being seen as legitimate assets and financial devices, Chainlink, an Oracle connecting off-chain data with blockchain resources, is trying hard to regain some of its lost value by vying for institutional adoption.
Chainlink is trading 80% below its ATH and is now piloting fund tokenization projects with JPMorgan, Templeton, and BNY Mellon. Chainlink was up 7% on the news but quickly lost ground back to November 2023 levels. Unless Chainlink developers can find a way to make it work, the Chainlink dream may be over.
Rollblock (RBLK): 220% surge in presale pricing, online casino goes big
It’s not all doom and gloom on the crypto markets, as on the opposite side of the spectrum, the new GambleFi platform Rollblock is rolling in the investors.
By utilizing the transparency and security of the Ethereum blockchain, Rollblock is bringing online gambling to the next level. Rollblock is the only online gambling system with no KYC, instant deposits, and withdrawals, accepts cryptocurrency, and has its own governance token! And it has a high roller bonus, too.
With over 150 games to choose from, ranging from online games to live plays, sports betting, and casino games like blackjack and specifically designed Web3 games — and even Monopoly — Rollblock has something for everyone and is accessible instantly.
But for the crypto investor, it’s Rollblock’s tokenomics that makes this the most interesting token to invest in. Firstly, Rollblock can be staked for APY returns as a reward for providing liquidity to the system.
Rollblcok is also deflationary, with only a billion tokens minted and token burns keeping the supply low. Last but certainly not least, Rollblock is a revenue-sharing platform where token holders get paid a weekly dividend from the income generated.
Rollblock’s price has already increased 140% since its presale started and secured over $2.9 million in liquidity. Rollblock’s presale is still ongoing, and RBLK tokens can be obtained for just $0.024 directly from their website.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
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