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Ripple, Shiba Inu, and Rollblock are capturing investor interest, even outpacing Ethereum.
Since the crypto market lives on speculation, going viral is a big thing. As a result, one signal that predicts how well a hot new crypto – or even established projects, could perform in the future is how much they’re viewed online.
This includes how many times people search for them on Google as well as on crypto websites like Coinmarketcap. The last week has shown that crypto enthusiasts are curious about Ripple (XRP), Shiba Inu (SHIB) and Rollblock (RBLK). In fact, investors are more curious about some of these tokens than about Ethereum, the second largest coin by market capitalization.
This piece examines the prospects of these rising tokens and what their chances of going on a parabolic price run are.
Crypto enthusiasts are curious about Ripple and XRP’s future
Google Trends showed that Ripple has a search interest of 46 in the United States over the last week. This means that among those who searched for Ethereum, Ripple, and Shiba Inu, approximately 50% of them searched for Ripple.
On Coinmarketcap’s most viewed coin page, Ripple sits well ahead of Ethereum. This indicates that a lot of people are curious about Ripple, but is this curiosity positive for XRP?
As Bitwise moves towards an XRP ETF, there are concerns about the SEC bearing down on Ripple once more. Considering Ripple’s checkered past with government authorities, this could deal a blow to XRP again. This explains the recent search explosion for Brad Garlinghouse’s crypto project.
Shiba Inu losing early 2024 gains
Shiba Inu is barely ahead of Ethereum, with a search interest of 25 over the last week in the United States. It is just ahead of Ethereum on Coinmarketcap’s most viewed token as well, but the bigger picture shows that Shiba Inu could be struggling.
Being an ERC-20 token, Shiba Inu is affected by the Ethereum price because ETH is needed for gas fees to transfer SHIB. Should Ethereum’s price go up, SHIB transactions would be more expensive, which could affect its trading volume.
SHIB has gradually lost the periodic gains it made early on in the year. Going viral might help it in the short-term, but any gains could be wiped out by swift price corrections.
Hot new crypto Rollblock is heading to the moon
Rollblock is not a crypto giant yet, but it’s on the way there. Since it hasn’t been listed on exchanges, it’s not trending on Coinmarketcap or Google, but the underlying fundamentals suggest it will in the future.
This is because Rollblock packs a huge potential under its belt. For one, the online crypto casino token solves the transparency problem that is rampant in the half a trillion dollar GambleFi space. Besides, Rollblock is KYC-less, protecting user privacy and anonymity while giving access to a swathe of immersive online games.
Without a doubt, RBLK is heading to the top of the GambleFi space. It is currently in presale stage 7, selling out fast at $0.03 per token. Experts believe an 880% increase is possible before the presale launches, helping early investors to make a killing.
By the time Rollblock launches on exchanges, it could dominate Google Trends and go viral. At this stage, it would have increased by 100x, but only early investors would benefit from that price boom.
For more information, visit the Rollblock presale website or join the online community.
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Source: https://crypto.news/ripple-shiba-inu-and-rollblock-top-ethereum-this-week-as-most-viewed-cryptos/