As investors turn from meme coins to altcoins, tokens like DOGS and FLOKI are experiencing steep declines. Meanwhile, Rollblock’s new GambleFi protocol is amongst the biggest gainers this week as the altcoin is expected to hit a new ATH in the next few days!
DOGS (DOGS) Faces Rapid Decline as Launch Hype Fades
DOGS reached a peak by the end of August, but the TRON-based meme coin has been on a downtrend ever since. After another intra-day decline of 4.41%, DOGS is currently trading at $0.001147. DOGS’s open interest is also on a downtrend, indicating that investors are beginning to lose interest in DOGS.
DOGS is following a similar trajectory to other newly launched tokens that initially experience a huge surge and then drop after a few days as investors sell out. Since many DOGS investors only purchased during the recent airdrop, DOGS may continue falling in the short-term before it consolidates at a stable level. For now, analysts project DOGS could drop below $0.0010 in upcoming weeks.
Floki’s (FLOKI) Price Chart Flashes Bearish Dominance
Floki’s price has declined nearly 18% over the past seven days, bringing the current trading price to $0.0001214. However, a new crypto whale has accumulated $500,000 worth of Floki, pushing Floki’s price up by 0.68% today. Given the 17.25% uptick in Floki’s trading volume, investors appear to be regaining interest in the meme coin.
According to the daily chart, Floki is trading below its moving averages and flashing strong bearish signals. Floki’s MACD line is also trading below the signal line, suggesting bearish momentum. As Floki’s RSI plunges deeper below the neutral level, Floki’s price may crash to the support at $0.0000925 soon.
Rollblock’s (RBLK) Crypto Casino Blasts Past $3M Milestone
Rollblock ($RBLK) is a new play-to-earn token that is leaving meme coins like DOGS and FLOKI behind. With a GambleFi protocol based on cutting-edge technology, Rollblock is ready to combine the world of crypto trading with the $500B global gambling industry.
Since Rollblock’s price has already rallied 140% since the start of the presale, analysts are extremely bullish about the platform’s native $RBLK in the upcoming weeks.
Rollblock’s GambleFi protocol is successfully bringing the fun and excitement back to crypto trading. The platform features 150+ AI-powered casino games and will soon introduce sports betting. By placing bets and winning, traders can accumulate more $RBLK as they go. These tokens can either be used to play more games or stake $RBLK to receive weekly passive income through Rollblock’s revenue-share model.
Each week, Rollblock reinvests up to 30% of its casino revenue to purchase $RBLK on the open market and distributes half of these as staking rewards to current holders. Since Rollblock’s supply is hard capped at 1 billion, the remaining half of the repurchased tokens are burned forever to ensure RBLK’s price remains deflationary over time.
Rollblock has recently entered stage 6 of its presale, with $RBLK tokens selling for only $0.024. This low price is exclusive to the presale since market experts are already projecting a 100x rally on Rollblock’s official launch day.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
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