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Ethereum and Dogecoin struggle, while Rollblock thrives with a 200% presale surge, offering unique revenue-sharing.
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Ethereum price and Dogecoin have posted dismal price action for months. Worse still, these market veterans offer no revenue sharing benefits, leaving holders feeling the full brunt of the prolonged drawdown.
That’s why Rollblock (RBLK), the world’s first community-backed GambleFi protocol, is outshining Ethereum price and Dogecoin even before launch with a clever revenue-sharing model.
While ETH and DOGE sit with low yearly returns, RBLK’s early adopters have already witnessed a 200% price increase in presale as analysts predict 100x gains.
Ethereum’s price fails to clear the $2.7k resistance
Ethereum price has been on the run in the past three weeks, rising from $2.1k to retest the $2.7k resistance zone. As of press time, ETH was up over 7% weekly, rising above the 50-day EMA for the first time since July.
However, traders have been taking profits in the last few days, putting ETH on a downward correction in the $2.6 zone. If ETH fails to hold above its 50 EMA on the daily chart, it could start another decline toward the $2.5k support level.
While ETH has use cases in on-chain applications and token transfers, high gas fees and slow transaction speeds have left investors doubting its long-term value proposition.
Dogecoin jumps 7% monthly
Like Ethereum, DOGE has been surging, rising from its $0.08 dip in August to trade in the $0.11 level for a 7% monthly return. That’s amid DOGE’s surging trading volume and increased Open Interest (OP), signaling an influx of more investors.
Though its current sentiment and outlook remain positive, DOGE faces stiff resistance at the 50-day weekly EMA around the $0.1138 region. That’s around the same level where traders took profit in August, sending DOGE crumbling to $0.088.
If DOGE fails to climb and hold above the weekly EMA, it could enter a fresh drawdown toward support levels in the $0.1 zone as investors pile into RBLK for passive income and revenue sharing benefits.
Rollblock outshines Ethereum price with a 200% jump
Rollblock has pioneered an innovative AI-driven GambleFi ecosystem to address fairness and trust issues that plague traditional online gambling. Permanent and immutable blockchain transactions make it impossible to alter bets once they are placed, injecting transparency and trustworthiness into casino gaming.
What makes Rollblock even more attractive to investors is its ability to weave passive economic benefits into its fair gaming process through the RBLK token, giving players and investors a stake in the $540 gambling empire. Anyone can partake in Rollblock’s prosperity and get a slice of the pie by holding the platform’s native token.
A generous revenue-sharing model allows token holders to receive a portion of the casino revenues through weekly payouts and staking rewards, with the RBLK tokens also serving as rewards for players’ activity.
Player and investor enthusiasm for Rollblock’s ability to offer a superior gaming experience is evident as the ICO amasses over $3.9 million, pushing the RBLK price 200% up to $0.03 in stage 7. Analysts predict 100x returns on the launch.
For more information, visit the Rollblock presale website or join the online community.
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This article first appeared at crypto.news
