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Shiba Inu and Dogecoin lost momentum in the market dip. Investors shift to Rollblock’s, a crypto casino which has surpassed $1.4M in presale.
Both Shiba Inu and Dogecoin have seen their momentum cut short during this recent market correction. Many investors have been rotating funds into low-cap projects that offer real-world utility to make up for this decline. One of these projects is the crypto casino Rollblock, which recently crossed the $1.4 million mark in the presale of their native token RBLK.
Dogecoin rises by 17% in a few days price action still underwhelming
Dogecoin has been printing higher highs on the chart, but after reaching a peak, Dogecoin’s trading volume is slowing down. Dogecoin’s price is currently hovering around the $0.136 mark, and it has experienced a 44% rebound from the lows at the start of July.
Dogecoin is trading above the 100 EMA, which is a bullish signal. Analysts have also noticed that whales have been moving billions of Dogecoins, which could mean that price suppression could be taking place as big holders accumulate.
Shiba Inu still ranging while other memes rise
Shiba Inus’s price action has been lackluster in July, with Shiba Inu ranging around the $0.000017 mark for a month now. Shiba Inu experienced a quick deviation to the lows as Bitcoin dropped at the start of July, but it recovered swiftly and the range was respected.
During this consolidation, whale activity on Shiba Inu dropped significantly, and the Shibarium ecosystem is underperforming. Some analysts point out that this could be a ‘calm before the storm’ moment for Shiba Inu, as burn activity is steadily increasing.
Rollblock the ‘greener pastures’ for investors
Rollblock is a community-driven crypto casino making waves both in the crypto world and the online casino sphere with its unique DeFi-powered revenue-share model. Rollblock runs on the Ethereum blockchain, ensuring quick and safe transactions that are easily traceable and immune to third-party manipulation.
The platform is fully licensed and already generating revenue with thousands of active users. There is no KYC requirement, and users can begin playing one of the 150 different games immediately, with sports betting to be added soon.
The revenue-share model is where Rollblock really shines. Up to 30% of the casino’s revenue will be invested to buy RBLK on the open market weekly. Half of this amount will be distributed to holders as staking rewards, offering some of the highest APY in the market. The remaining half will be burned, creating a series of supply shocks that will drive up the price of RBLK.
Stage 4 of the RBLK presale is live, and tokens have already increased in value by 70%, with RBLK currently selling at $0.017. Experts believe RBLK could skyrocket by over 800% by the end of the final stage. As the cycle progresses, Rollblock appears poised for a significant 100x increase. Investors are encouraged to take timely action to maximize their returns.
For more information, visit Rollblock’s official website or join the online community.
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This article first appeared at crypto.news
