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Memecoins like Pepe and Shiba Inu fade. Rollblock’s new crypto casino, with $2M raised, is set for big gains by year-end.
The buzz around memecoins is dying down. With top memecoins like Pepe and Shiba Inu losing investors, analysts believe that this market’s days of glory are over.
Now, a new GambleFi narrative is gaining traction with the launch of Rollblock’s unique crypto casino. With $2 million already raised, analysts expect huge rallies for this altcoin before the end of the year.
Is Pepe seeing a bearish trend?
Over the past week, Pepe’s price has plunged by 18.5%. Even though Pepe has experienced a 5% surge in the past 24 hours, analysts are more focused on technical indicators that are flashing bearish signals.
For now, Pepe’s trading price of $0.000008191 is below the 50-day and 200-day EMA, hinting at strong bearish pressure. Pepe’s future also looks bleak as the Relative Strength Index (RSI) is at 47.45, suggesting that the price may see lower lows in upcoming weeks.
Shiba Inu’s open interest falls to lowest point since February
Shiba Inu whales are selling out, Binance’s SHIB reserves have fallen by 3% this month, and the price has been on a downtrend since March. With this in mind, analysts suggest that Shiba Inu’s run is coming to a disappointing end, with investors losing confidence and selling out in exchange for tokens with more growth potential.
However, Shiba Inu is up by 5% in the last 24 hours, bringing the current trading price to $0.00001389. Despite this positive rebound, Shiba Inu’s open interest has dropped by 51% in the past 15 days. Technical indicators are flashing a bearish signal, and analysts are expecting lower lows for Shiba Inu by the end of Q3.
Rollblock snatches memecoin enthusiasts with explosive presale
With memecoins like Pepe and Shiba Inu losing popularity, Rollblock (RBLK) is making waves in the market. Rollblock’s crypto casino seamlessly integrates centralized and decentralized gaming experiences, offering crypto gamblers with a high-end experience.
Since Rollblock is based on the Ethereum blockchain, every financial transaction and bet placed on the platform is easily traceable and free of third-party manipulations. This means Rollblock casino players can enjoy up to 150 AI-powered games without worrying about their confidential data getting in the wrong hands.
Signing up on Rollblock doesn’t require any KYC checks. Players can enter their email addresses or link their wallets on the platform to begin their crypto-gambling experience.
Rollblock’s most impressive feature is the revenue-sharing model. Each week, the platform allocates up to 30% of casino revenue for open market buybacks of the native RBLK token. Half of these tokens are burned to keep the circulating supply low, and the remaining are distributed to investors as staking rewards with one of the highest APYs in the market.
Rollblock has kicked off stage 5 of its presale and the token is selling at $0.02. With $2 million already raised in presale stages, analysts expect Rollblock’s price to explode even further in the following weeks. As the popularity around Rollblock’s crypto casino increases, analysts are tipping at a 100x rally during the upcoming bull run and a massive 800% surge by the end of presale stages.
For more information, visit Rollblock’s presale website or join the online community.
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This article first appeared at crypto.news
