Dogecoin (DOGE) and Shiba Inu (SHIB) are dominating the headlines again, with their recent surge giving holders a 200% gain in Q4. Both meme tokens saw strong price movements recently, reigniting investors’ interest and sparking renewed attention across the crypto community.
At the same time, a new crypto project, Rollblock, is cutting through the noise and becoming a hot topic among crypto whales. With the broader market bullishness, Rollblock hints at a potential breakout opportunity for its early adopters. Is Rollblock the opportunity investors have been waiting for? Let’s find out!
Rollblock: The rising Gamblefi star attracts whales
While DOGE and SHIB have taken the front seats in recent updates, many seasoned investors are keeping a close eye on Rollblock. This rising star has big ambitions to revolutionize the gambling industry, which is worth $450 billion and is projected to grow to $600 billion in 2025. This is one of the reasons investors are predicting this new crypto, Rollblock, to be the next crypto smash amongst market giants.
By infusing blockchain technology into online gaming, Rollblock is making its debut in the GambleFi scene – providing a fair gaming experience for players. These perks are made possible as Rollblock incorporates smart contracts to ensure that every bet is tamper-proof and immutable. Rollblock also takes the security and anonymity of its punters seriously by adopting state-of-the-art technology to ensure gamblers’ safety as they wager on over 150 gaming titles, including sports betting.
But that’s not all – Rollblock’s unique revenue-sharing model ensures that investors get a piece of Rollblock’s revenue. The revenue is allocated to players through the weekly reward program and regular token buybacks. With these perks, it is unsurprising that crypto whales are betting big on Rollblock, even as DOGE and SHIB are on the rise.
Dogecoin is back in action after months of stagnation
After consolidating since August, DOGE, the world’s largest meme coin, is back in business after experiencing a 200% price jump. While fear of uncertainty still lingers in the market, several on-chain metrics suggest that the DOGE price could soon tag new all-time highs before the year ends.
Data from these metrics shows that the DOGE price will continue on its uptrend – proposing a 50% surge under its belt. However, investors are still watching as fear lingers due to Dogecoin’s high volatility, which could see the token falling sharply once selling pressure enters the market.
Shiba Inu joins meme coin resurgence amid technical issues
The meme coin industry is currently experiencing a resurgence, and similar to the DOGE, Shiba Inu’s price is riding waves of resistance levels as it aims for its ATH at $0.000035. The market sentiment for Shiba Inu’s price remains strong even as it consolidates in the $0.000025 psychological zone.
However, after the hype surrounding Shibarium’s scaling features dies down, the Shiba Inu price faces several technical issues that could cause negative sentiment to enter the market coupled with significant selling pressure.
Conclusion
As meme coins like DOGE and SHIB keep the crypto market buzzing, it’s clear that investors’ enthusiasm is shifting to Rollblock. This is because while meme coins offer short-term trading opportunities, Rollblock is emerging as a serious contender for long-term explosive growth and innovation for investors. Now is the time to act!
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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.
Source: https://bravenewcoin.com/insights/doge-and-shib-fuel-market-excitement-whales-eye-new-crypto-gem-for-massive-gains