Finance

Down In the Dumps; WIF And PEPE Record Rough Week but Crypto Presale Phenom Hits $3 Million Mark

Memecoins Dogwifhat and Pepe have been in the red this week, but Rollblock ($RBLK) has hit a new all-time high, taking its total returns to 140%. Having already attracted over 11,000 investors, analysts believe that Rollblock could become one of the best performing altcoins before the end of 2024. 

Dogwifhat Experiences Bearish Dominance on WIF/USD Daily Chart

Dogwifhat was trading above the $1.7 level most of last week before it failed to breach the resistance and plunged 7.7%. With another intra-day decline of 4.93%, Dogwifhat is currently trading at $1.54. Since Dogwifhat is sitting at the edge of the Top 50 cryptos list with its $1.53B market cap, the 16.24% decrease in volume suggests a sharp decline in community sentiment. 

As of today, the WIF/USD chart is flashing strong bearish signals as Dogwifhat has failed to breach the 50-day EMA at $1.83. As Dogwifhat’s RSI trends downward on the 4-hour chart, the MACD line has also fallen below the signal line. If this bearish pressure continues, Dogwifhat may crash to $1.04 in upcoming weeks. 

Can Pepe (PEPE) Reclaim Its Highs?

Although Pepe has a better market cap standing than Dogwifhat, even Pepe has shed 8.36% of its value over the last seven days. After declining nearly 4% today, Pepe’s current trading price is down to $0.000007744. 

On the PEPE/USD daily, 4-hour, and 2-hour charts, Pepe has failed to breach its 50-day EMA and is headed straight into bearish territory. However, with the MACD above the signal line on Pepe’s 4-hour chart, investors appear to be looking forward to a potential resurgence soon. 

Rollblock (RBLK) Mimics Memecoin Frenzy with Explosive Presale Growth

Memecoins were once the biggest thing in the market, but low-cap altcoins like Rollblock ($RBLK) are ready to dominate Q4. Within a few months of launch, Rollblock has already managed to attract over 10,000 investors that are pushing this GambleFi protocol closer to the big $3M milestone. 

Rollblock’s current price predictions are extremely bullish as the token’s price has already rallied 140% since the start of presale stages. This explosive momentum is all thanks to Rollblock’s strategy of combining the finest aspects of decentralized and centralized gambling into one crypto-native casino. To make things even better, Rollblock’s casino is fully backed on the Ethereum blockchain, giving users top-tier security features such as no KYC checks, unchangeable bets, and transparent gambling analytics. 

In just stage 6 of presale, Rollblock’s casino is giving traditional iGambling platforms a run for their money as it hosts 150+ AI-powered games that are fully regulated and licensed by Solid Proof and Gaming Curaco. The play-to-earn crypto casino currently features both classics and new web3-based titles, but Rollblock also plans to introduce a sports betting option in upcoming months. 

Rollblock’s native $RBLK utility token is also an integral part of Rollblock’s revenue-share model that gives weekly staking rewards with 30% APY to current holders. Every week, Rollblock reinvests a huge portion of its casino revenue into open market buybacks of $RBLK which are used for two purposes: one half is distributed to investors, and the other is burned forever to keep Rollblock’s price deflationary over time. 

After Rollblock’s presale stage 5 sold out in record time, investors are rushing to grab $RBLK before the price spikes any further. For now, Rollblock is selling exclusively on the platform’s website for just $0.024 per token. 

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.

PR Desk

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