Smart Money Is Rotating Meme Coin Gains From Dogecoin and Shiba Inu Into Utility Gems Like This

Dogecoin and Shiba Inu have recorded significant gains during the post election rally but both tokens are now seeing major declines in network activity.

Meanwhile, Rollblock’s viral crypto casino is still attracting investors since the token’s price has already surged by 260% in stage 8 of its presale.

Dogecoin (DOGE) Faces Correction After Massive 200% Post-Election Rally

Dogecoin’s price rallied by a significant 191% after Trump’s victory in the US presidential elections. Since Trump also announced a new Department of Government Efficiency or ‘DOGE’, Dogecoin has been recording massive amounts of inflows. Even though investors were positive about Dogecoin hitting $1 in November, Dogecoin’s price is now facing a minor correction.

Dogecoin is currently trading for $0.3679 after an intraday decrease of 6.92%. Dogecoin’s volume has also dropped by 23.62% over the last 24 hours as the post-election buying pressure begins to cool down. Although Dogecoin’s Momentum Indicator is suggesting bearish dominance on the DOGE/USDT daily chart, Dogecoin is still trading above all of its Simple Moving Averages. If buying pressure picks up again, Dogecoin could test the nearest resistance at $0.3923 soon.

Shiba Inu (SHIB) Investors Show Signs of a Cautious Community Sentiment

Shiba Inu’s price has jumped by 27.70% during the last seven days but endorsers believe Shiba Inu is likely to face a correction soon. Since Shiba Inu is forming a spinning bottom on its daily chart, investors appear to be showing some hesitancy towards the token. As the spinning bottom pattern suggests that last week’s upward momentum is not sustainable in the long run, Shiba Inu may face high selling pressure soon.

Shiba Inu is currently trading for $0.00002425 after an intraday decrease of 3.50%. Shiba Inu’s volume has also crashed by 37.15% over the last 24 hours which typically indicates low network activity. If Shiba Inu investors start booking profits before the token faces steeper declines, Shiba Inu’s price could retrace to pre-rally levels before the end of November.

Rollblock (RBLK) Attracts Meme Coin Investors with Attractive Revenue Sharing Model

Rollblock has just entered the eighth stage of its viral presale that has already raised more than $5.26 million in record time. As Rollblock continues to dominate the $500bn per annum global gambling market, crypto stalwarts expect Rollblock’s native $RBLK token to rally by nearly 880% before the token’s official launch.

The reason why Rollblock is making waves is the platform’s commitment to offering the most provably fair gambling experience in the market. Every transaction and bet placed on Rollblock is backed on the immutable Ethereum blockchain which gives users a hassle-free, unchangeable and completely traceable gambling experience. To make things even better, Rollblock features a massive library of 7,000+ games that are all built on the latest AI and Web3 technology. Since players don’t need an active opponent to play with, they can enjoy their favorite games anytime and anywhere!

As traders play and win games, they can accumulate more $RBLK tokens which can be staked for a weekly passive income. With Rollblock’s revenue sharing scheme, traders can become long-term liquidity providers in the ecosystem and earn staking rewards with up to 30% APYs. To make things even better, Rollblock is currently offering a limited time 50% purchase bonus to all new presale buyers.

Given these features, it is no surprise that Rollblock’s price has already recorded a massive 260% rally since its initial presale stage. Since many crypto enthusiasts are projecting 100x gains for RBLK on launch day, now could be the ideal time to add Rollblock to your portfolio before the price skyrockets!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino


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/smart-money-is-rotating-meme-coin-gains-from-dogecoin-and-shiba-inu-into-utility-gems-like-this