Meme coins took a hit this week as one of the more volatile sectors of the crypto market. Investors in Dogecoin and Shiba Inu have been left wondering if there is more downside to come.
Meanwhile, investors continue to pile into the Rollblock ($RBLK) presale, which has just hit a new high as experts predict up to 100x games this year.
Dogecoin Reclaims $0.10 But For How Long?
Dogecoin has seen a strong recovery from Monday’s lows and is up over 4% in just 24 hours. This has brought Dogecoin back above the level of $0.10, and if Dogecoin’s bullish trend remains, this should hold.
Dogecoin’s market cap is currently over $14.6 billion, allowing DOGE to remain in the crypto top 10 for now. That said, Dogecoin investors are starting to diversify as they become frustrated with Dogecoin’s poor returns this year.
Shiba Inu ($SHIB) Holders Relief at Overdue Pump
Shiba Inu (SHIB) hit lows of $0.00001089 on Monday but has since bounced back and is currently sitting just over $0.000013. This has brought Shiba Inu’s market cap above $8 billion. This places Shiba Inu at number 13 in the crypto rankings, the second highest memecoin in the entire space.
Shiba Inu holders still find themselves down over 15% in the last 7 days, and many may be wondering if the current uptrend will last or if the price will return to its month-long downtrend before long. Allocating to newer coins may pay off for Shiba Inu holders.
Rollblock ($RBLK) Passes Massive Milestone As Presale Accelerates
Rollblock ($RBLK) has recently reported passing a key milestone in its popular presale launch, as it has surpassed over $2 million in its fundraising offering. Over 6,000 investors have so far taken the plunge and made an investment in this promising Gamblefi token.
Rollblock aims to bring new levels of transparency to the online gambling industry by inscribing all financial transactions onto the Ethereum chain.
With no KYC required to sign in, Rollblock is entirely anonymous and secure. There is no risk of personal data being leaked in malicious attacks or data breaches. Once on the platform, users can enjoy a huge range of casino classics such as roulette and slot machines, and a new sports betting feature is soon to be added.
The native RBLK token is set for massive gains this cycle as it combines a hard cap of a billion coins with deflationary tokenomics. Each week the casino will buy up and burn potentially millions of dollars of coins that will see prices explode to the upside in 2024.
Investors can get involved for just $0.02 per RBLK token during stage 5 of the Rollblock presale, with experts predicting moves of up to 100x this year.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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The post How Low Can Dogecoin and Shiba Inu Go? Investors Express Concerns About The Future of Memecoins Turning to GambleFi Utility Star RollBlock appeared first on CaptainAltcoin.
