Meme coins may have experienced a resurgence last week, but they are back in the crypto depths now. As investors abandon Shiba Inu and Brett for better bets, all eyes are on Rollblock’s explosive crypto-native casino token.
Are Investors Buying the Shiba Inu (SHIB) Dip?
Shiba Inu is seeing an influx of new investors that are buying the dip in hopes of a meme coin resurgence. As of today, Shiba Inu’s price is down to $0.00001436 after an intra-day decline of nearly 3%. Shiba Inu’s market cap is also down to $8.46B, making it the 13th largest cryptocurrency in the market.
According to Shiba Inu’s technical indicators, SHIB’s RSI is trending downwards as it heads into overbought territory. This is also reflected in Shiba Inu’s moving averages as it trades below the 50-, 100-, and 200-day EMAs on its daily chart. To trigger a reversal, Shiba Inu bulls need to breach the pivot at $0.00001474 in the next few days.
Brett (BRETT) Reaches Overbought Territory
Brett’s price has been in the red over the past 30 days, recording a total of 37.25% losses. After another intraday decline of 6.33%, Brett’s current trading price is down to $0.085. Despite Brett’s market cap down to $842 million and a 23.77% decline in volume, community sentiment is still flashing green.
For now, Brett is flashing strong sell signals as it trades below the 50-, 100-, and 200-day EMAs on the BRETT/USDT daily chart. However, with Brett’s RSI at 27 on the 2-hour chart, it may be time for a bullish correction as the token reaches overbought territory. With the Momentum Indicator and Bull Bear Power both showing bullish signals, Brett may rise to the $0.09476 pivot soon.
Rollblock’s (RBLK) GambleFi Ecosystem Stuns Investors with New ATH
Rollblock’s play-to-earn $RBLK utility token has been defying odds ever since its presale launch. Even when other tokens faced price fluctuations, Rollblock continued its upward trajectory by rallying 120% from the initial presale price.
Rollblock’s crypto-native casino addresses security and transparency issues that have been troubling traditional casinos for the longest time. Through an effective integration of Ethereum’s blockchain technology, Rollblock’s casino ensures that every transaction and bet is traceable and unchangeable. Aside from encryption, Rollblock has also removed KYC checks from signup, making it easier for new players to sign up.
Rollblock’s casino currently features 150+ immersive games including classics like roulette and slots as well as exclusive web3-based titles. All in-game rewards are paid out using the platform’s native $RBLK which is an integral part of this DeFi casino. While traders can play to accumulate more RBLK, they can also stake the token to earn a passive income. Every week, Rollblock reinvests 30% of its revenue to purchase RBLK on the open market and distributes them to stakers with the highest APY in the market.
Half of the repurchased RBLK are removed from supply through Rollblock’s token-burn mechanism that ensures RBLK’s supply never crosses the hard cap of 1 billion. These deflationary tokenomics are the reason why analysts expect Rollblock’s price to explode over time as supply runs out and demand increases.
For now, Rollblock is in stage 5 of its presale, with tokens selling at a low price of just $0.022. This price is a new ATH for Rollblock, with market experts already projecting another price hike at the beginning of Q4.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
