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Cryptocurrency News Articles

Dogecoin and Render May Rebound in Q4, but Analysts Predict Rollblock Could See a Huge 100x Surge Post-Launch

Oct 06, 2024 at 02:00 am

Dogecoin (DOGE) recently reached a peak on 28th September, but the token's price has experienced a significant 18% pullback since then.

Dogecoin and Render May Rebound in Q4, but Analysts Predict Rollblock Could See a Huge 100x Surge Post-Launch

Dogecoin and Render have both seen recent declines, but analysts are predicting a bullish Q4 for both tokens. However, Rollblock (RBLK) is expected to be the biggest gainer during the upcoming bull market, with analysts predicting a huge 100x surge post-launch.

According to recent reports, Dogecoin (DOGE) reached a peak on 28th September. However, the token’s price has experienced a significant 18% pullback since then. Despite the steep decline, Dogecoin whales still seem to be bullish on the token for Q4.

Recently, Dogecoin’s active addresses have also soared to 84,306, which suggests growing user engagement on Dogecoin’s network. Currently, Dogecoin is trading for $0.1027 after a 2.97% intra-day decrease.

Since most Dogecoin whales are still actively involved instead of booking profits, analysts believe the coin could experience a bullish turnaround soon. If buying pressure increases, DOGE could reach the $0.1117 pivot in the upcoming weeks.

On the other hand, Render recently completed the bullish flag pattern on its daily chart, which typically foreshadows a massive rally.

Since Coinbase recently added futures contracts for Render, analysts believe Render could see an influx of new institutional and retail investors soon. Currently, Render is trading for $5.13 after a 24-hour decrease of 9.65%.

Despite this steep decline, Render is showing signs of a bullish breakout on its 4-hour and 2-hour price charts. Since Render’s RSI has already reached oversold territory, Render could experience a trend reversal if investors regain interest in the token. If that happens, Render could surge to the $7.38 resistance in the upcoming weeks.

Meanwhile, Rollblock’s GambleFi protocol has been creating significant buzz in the market ever since its presale launch, and it doesn’t plan to stop any time soon.

With the global gambling market already valued at $500 billion per annum, Rollblock is all set to own a huge market share with its new crypto-native casino. Even if Rollblock earns a 1% market share, it could easily surpass big players like DOGE and RENDER and hit the big $1 milestone within the next few months.

The reason why Rollblock is poised for such big gains is the platform’s unique strategy to combine decentralized and centralized gambling experiences. By creating a crypto-native casino with no KYC checks and an Ethereum-backed security system, Rollblock is bringing the trust back to online casinos.

While traditional iGambling platforms still struggle to provide security and anonymity, Rollblock allows new traders to sign up by directly linking their crypto wallets and making a deposit. Even during its presale, Rollblock is giving investors access to more than 7,000 AI-powered games that are all completely licensed and fully regulated by Solid Proof and Gaming Curacao.

As traders play and win on Rollblock’s AI-powered casino, they can accumulate more RBLK tokens for their portfolio. These tokens can then be staked to receive a passive income through Rollblock’s revenue-sharing model. Every week, Rollblock reinvests a huge portion of its casino revenue to purchase RBLK at market prices.

These repurchased tokens are then distributed to current RBLK holders as rewards with up to 30% APY, giving them a credible and long-term source of passive income. Given these impressive features, it is no surprise that Rollblock’s price has already rallied by a massive 200% during its presale. Despite the surge, RBLK tokens are still selling for a low price of only $0.03, giving traders a low entry point to the future of online gambling.

Original source:crypto

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