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As Dogecoin gains momentum in the memecoin space, analysts forecast Rollblock will outperform with a potential 200x return in 2024.
In the wild memecoin market, cryptocurrencies on a canine theme have proven to offer incredible returns and Dogecoin is looking ready to run. Near Protocol might struggle to continue its bullish trend, while a brand new play-to-earn token, Rollblock (RBLK), is set to outperform them both as experts predict moves of 200x in 2024. Let’s find out why.
Dogecoin waiting for the nod from Elon
Dogecoin is still the top dog when it comes to memecoins, although it has seen its market cap decline by over 10% since April. Dogecoin has been a victim of its own success and has seen a huge proliferation of copycats eat away at its market share this cycle.
Dogecoin holders are eagerly awaiting news of Elon Musk adding Dogecoin as a payment option on the X platform, something the world’s richest man has hinted at on several occasions. This would obviously be incredibly bullish and fuel to propel Dogecoin rapidly to new all-time highs.
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Near Protocol struggling below $5
Near Protocol (NEAR) is down over 14% in a month to $4.85 as Near Protocol encountered heavy selling above $6.00. Near Protocol holders have been anxiously watching the charts since the price broke key support at $5.20. Near Protocol’s daily trading volume was up 35% to $279m, which shows some interest in Near Protocol, but time will tell whether this means a reversal at these levels.
The yearly highs above $9 are looking a long way off, and Near Protocol holders will need to consider reallocating to newer coins with more promising potential for the next leg up.
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Rollblock poised to become the hottest token launch in 2024
Rollblock (RBLK) is a fully regulated crypto-native Casino that leverages blockchain technology to immortalize all bets on a chain. This removes a major pain point from the $450 billion gambling industry and will see Rollblock onboard huge numbers of crypto gamers in the coming months.
Fully regulated and audited by the teams at Solid Proof and Gaming Curacao, Rollblock is rightfully proud of placing trust and fairness at the heart of its work. Entirely free of KYC checks, new signups can simply connect a wallet to make a deposit and get started. There are over 150 AI-powered Casino classics to try, and a sports betting feature will roll out in the coming weeks.
All in-game payouts are made using the native RBLK token, which looks set to soar into the crypto gaming sector this year. This is thanks to its unique revenue share scheme which will see the casino buy up potentially millions of dollars of RBLK each week on a decentralized exchange. As supply drops, demand is expected to go parabolic, causing huge pumps in price.
Investors should heed to the Rollblock socials for daily giveaways around the 2024 Olympics. The current price of $0.018 is not expected to last long, so investors should consider exploring Rollblock soon.
For more information, visit Rollblock’s presale website or follow the project online.
Read more: Expert targets $25 for XRP, Rollblock revenue share model lures BNB fans
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