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Cryptocurrency News Articles

Rollblock Kicks off GameFi Era After Dethroning Meme Coins

Dec 30, 2024 at 01:17 am

Meme coins may have resurfaced during Q4's bull market but they are losing momentum again before the end of this year.

Rollblock Kicks off GameFi Era After Dethroning Meme Coins

Meme coins have seen a resurgence in recent times, but the hype is now dying down once again as we approach the end of the year. As a result, traders are shifting their attention away from meme coins like Dogecoin and Shiba Inu and moving towards more promising altcoins like Rollblock.

Rollblock is a GameFi project that has managed to raise over $7.7 million in its presale, with analysts predicting a 100x rally on its official launch day. Here’s how Rollblock is set to outshine DOGE and SHIB in 2025.

Rollblock replicates memecoin gains with 330% price jump

Rollblock is a new DeFi altcoin that is aiming to tap into the $500 billion per annum global gambling market. Despite the abundance of iGambling platforms, none of them offer gold standard security to users. Rollblock, on the other hand, has launched a new GameFi platform with 7,000+ AI-powered games and an Ethereum-backed security system, leading analysts to predict that Rollblock will capture a huge market share of the gambling industry by Q1 2025.

Despite the downfall of the GameFi market in recent years, Rollblock is marking a massive revolution with its unique project. On Rollblock, users can sign up with a valid email address, make a deposit with any of the 20+ compatible cryptocurrencies and start playing exciting games on Rollblock’s gaming library. Since Rollblock has recently gotten a license from the Anjouan E-gaming Authority, every game on the platform is completely regulated and secure.

Aside from security, Rollblock is also offering several kinds of rewards to its loyal community of investors. With the revenue sharing model, traders can earn weekly staking rewards with up to 30% APYs. By becoming a VIP-tier investor during Rollblock’s presale, traders can also get exclusive tiered bonuses based on their RBLK holdings.

Given Rollblock’s commitment to reviving trust in the GameFi space, analysts expect Rollblock to record up to 880% gains before the end of its presale stages. For now, RBLK tokens are selling for just $0.043 which is the lowest price it will ever be moving forward from today.

Dogecoin whales liquidate positions after disappointing price action

Dogecoin’s price has been in the red for the past eight days now as a result of a massive liquidation spree. Despite Dogecoin’s significant post-election gains, investors are beginning to lose interest in the meme coin. If Dogecoin continues to face high selling pressure, new altcoins like Rollblock could easily surpass Dogecoin’s gains in Q1 of 2025.

Dogecoin is currently trading for $0.363 after a 15.78% intraday decrease. As Dogecoin whales sell their holdings on DEXs, the sudden increase in Dogecoin’s supply has caused a bearish crossover between the 20-EMA and 200-EMA trendlines on the 4-hour chart. Even if Dogecoin attracts new investors during the dip and surges towards a critical Fib level at $0.3732, analysts believe it is still unlikely for Dogecoin’s price to retest the $0.40 level in the next few weeks.

Shiba Inu faces selling pressure as whale unloads 2.15 Trillion tokens

Shiba Inu is facing massive selling pressure as on-chain data reveals that a Shiba Inu whale holding 2.15 trillion SHIB has liquidated their assets. Since Shiba Inu’s price action has remained underwhelming for the past nine days, analysts predict retail traders to start booking profits as well.

Shiba Inu is currently trading for $0.00002403 after an intraday increase of 16.22%. Shiba Inu has also fallen below a critical support at $0.00002450 which typically suggests steeper declines in price. As Shiba Inu’s RSI falls into the oversold territory on the SHIB/USDT daily chart, analysts expect Shiba Inu’s price to crash towards the S1 support at $0.00001847 before the start of 2025.

Rollblock kicks off GameFi Era after dethroning meme coins

With Dogecoin and Shiba Inu recording substantial losses, all attention seems to be on Rollblock’s viral GameFi project. As more traders invest in Rollblock during its presale, analysts are projecting a massive demand-induced 100x rally on the token’s official launch day.

For more information, visit the Rollblock presale website and join the online community.

Original source:crypto

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