The crypto market has taken a turn for the bears this week, as many altcoins including Dogwifhat have disappointed holders by handing back recent gains to the market. Despite this, experts remain bullish on the prospects of a Ripple pump, and Rollblock ($RBLK) gains momentum as the hottest presale launch of 2024! Let’s dive in.
Ripple ($XRP) Ready To Break Out On Bullish SEC News
Ripple’s long-running lawsuit with the SEC came to a close recently with a $125 million fine awarded to Ripple Labs, a much lower settlement than many insiders had been bracing for. Ripple’s price action responded with a pump over $0.63 this month, although price has since retreated back down below $0.55.
Ripple has fallen foul of its aggressive token unlock schedule, as at the start of September 1 billion Ripple tokens were released into circulating supply. As always, this will have a bearish effect on Ripple’s price, which could continue its downtrend towards decent support which lies at $0.42. Analysts remain hugely bullish on Ripple, however, with the more optimistic predictions targeting $17 this cycle!
Dogwifhat (WIF) Retraces Once Again
Dogwifhat has recently fallen 3.9% on the daily time frame to hit $1.52 as the meme coin market continues to suffer a significant drawdown. Dogwifhat market cap now sits at just above $1.5 billion, placing Dogwifhat at risk of falling out of the crypto top 50 coins in the coming days.
Dogwifhat’s trading volume has fallen sharply and seen a 6% decline to $292.7 million across exchanges. This indicates that investors are turning away from the meme coin market for now, and Dogwifhat has lost a good deal of the hype that propelled it so high earlier this year. Dogwifhat buyers will need to step in here with size to prevent further falls to levels around $1.
Crypto Casino Powerhouse Rollblock ($RBLK) Making Bank
Rollblock ($RBLK) Is one of a kind – a fully community-backed, crypto-native blockchain Casino that promises to disrupt the massively lucrative $450 billion online gambling industry. Rollblock places a huge premium on trust and transparency, encrypting all bets onto the Ethereum blockchain to eradicate any hint of bet fixing.
As it is fully web3 compliant, Rollblock is totally anonymous and KYC-free. This eliminates gamers’ worries about their data being leaked online in a hack.
There is a massive variety of gaming favorites on the site, from oldies like roulette and poker to new favorites such as Candy Land. Payouts are made using the versatile RBLK token, which has caught the eye of many experts in the crypto space thanks to its exemplary tokenomics and utility.
RBLK Holdings can be staked for up to 30%, while an innovative revenue share scheme will use Casino profits to remove supply from the open market each week. This could see potentially millions of tokens burned each week, sending price upwards on a one-way moon mission.
Experts predict nothing less than staggering 200x gains this cycle, making now an incredible time to take a punt on this disruptive crypto Casino.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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