DOGE Could Go Parabolic, BONK Targets New ATH, As Rollblock Fuels Crypto Investment Boom

Since Gary Gensler announced he will be stepping down as chair of the U.S. Securities and Exchange Commission in January 2025, the waning post-election has picked up new momentum. DOGE is now showing signs of a parabolic rally, while BONK is listed as a top-five coin in the Solana ecosystem.

Additionally, Rollblock (RBLK) is making rounds as the next significant crypto investment. As these tokens gain traction, investors are closely monitoring their performance to identify the next major opportunity in the evolving market landscape.

Rollblock: Redefining iGaming Via Blockchain Tech

The iGaming industry has experienced rapid growth, captivating the worldwide stage with the convenience and excitement of online gambling. However, traditional platforms often fall short in delivering transparency, swift transactions, and innovative reward systems. Enter Rollblock, a blockchain-powered platform that combines iGaming with the revolutionary GambleFi model, setting a new standard for online gaming and investment opportunities.

At the heart of Rollblock’s ecosystem is the RBLK token, which powers its secure, transparent, and rewarding platform. With RBLK, players gain access to premium casino games and exclusive features while also benefiting from Rollblock’s unique GambleFi structure.

This model merges gambling with decentralized finance (DeFi), allowing users to stake RBLK and earn substantial rewards. One of Rollblock’s standout features is its weekly revenue-sharing system, where a percentage of the platform’s earnings is distributed to token holders, providing consistent, tangible returns.

Rollblock also incorporates a deflationary mechanism, where part of the revenue is used to buy back and burn RBLK tokens, ensuring scarcity and long-term value growth. This creates a sustainable ecosystem where players, stakers, and investors can thrive.

DOGE Activity Continues To Surge

DOGE has recently experienced bullish momentum due to the persistence of buying pressure and an uptick in the market. DOGE has broken upwards of the $0.34 level and trades above the $0.38 level, well above its 100-hourly moving average, suggesting a positive trend further underpinned by a bullish trend line with critical support at the $0.377 level.

Recent price action saw DOGE touch a local high of $0.4342, before retracing minor to $0.40. The correction was in line with the 50% Fibonacci retracement, which indicates a healthy consolidation phase. Resistance levels at $0.40 and $0.4150 are pivotal, with a DOGE breakout potentially setting the stage toward $0.4650.

BONK Price Targets New ATH

Over the past month, BONK experienced heightened volatility, with its price peaking at $0.00005916 and recently entering a consolidation phase. The token’s performance is supported by a deflationary plan to burn 1 trillion BONK tokens by Christmas 2024, which has spurred buying activity and driven the market sentiment to “Extreme Greed.”

With 15 green days in the last 30 days, BONK currently trades 2,502% above its 200-day SMA. The RSI is at an overbought level of 86, indicating potential short-term price corrections. Meanwhile, BONK’s Fibonacci retracement points to resistance at $0.000057 and $0.000067, with the latter offering potential 40% gains if momentum sustains.

Conclusion

Smart investors know to buy and hold cryptos that offer both solid utility and potential for unparalleled gains. While DOGE and BONK may experience additional growth by December, Rollblock is undoubtedly the best crypto investment right now! Get in for $0.036 per RBLK token alongside a 50% special bonus offer.

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This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.