Memecoins Dogwifhat and Pepe have been in the red this week, but Rollblock ($RBLK) has hit a new all-time high, taking its total returns to 140%. Having already attracted over 11,000 investors, analysts believe that Rollblock could become one of the best performing altcoins before the end of 2024.
Dogwifhat Experiences Bearish Dominance on WIF/USD Daily Chart
Dogwifhat was trading above the $1.7 level most of last week before it failed to breach the resistance and plunged 7.7%. With another intra-day decline of 4.93%, Dogwifhat is currently trading at $1.54. Since Dogwifhat is sitting at the edge of the Top 50 cryptos list with its $1.53B market cap, the 16.24% decrease in volume suggests a sharp decline in community sentiment.
As of today, the WIF/USD chart is flashing strong bearish signals as Dogwifhat has failed to breach the 50-day EMA at $1.83. As Dogwifhat’s RSI trends downward on the 4-hour chart, the MACD line has also fallen below the signal line. If this bearish pressure continues, Dogwifhat may crash to $1.04 in upcoming weeks.
Can Pepe (PEPE) Reclaim Its Highs?
Although Pepe has a better market cap standing than Dogwifhat, even Pepe has shed 8.36% of its value over the last seven days. After declining nearly 4% today, Pepe’s current trading price is down to $0.000007744.
On the PEPE/USD daily, 4-hour, and 2-hour charts, Pepe has failed to breach its 50-day EMA and is headed straight into bearish territory. However, with the MACD above the signal line on Pepe’s 4-hour chart, investors appear to be looking forward to a potential resurgence soon.
Rollblock (RBLK) Mimics Memecoin Frenzy with Explosive Presale Growth
Memecoins were once the biggest thing in the market, but low-cap altcoins like Rollblock ($RBLK) are ready to dominate Q4. Within a few months of launch, Rollblock has already managed to attract over 10,000 investors that are pushing this GambleFi protocol closer to the big $3M milestone. Rollblock’s current price predictions are extremely bullish as the token’s price has already rallied 140% since the start of presale stages. This explosive momentum is all thanks to Rollblock’s strategy of combining the finest aspects of decentralized and centralized gambling into one crypto-native casino. To make things even better, Rollblock’s casino is fully backed on the Ethereum blockchain, giving users top-tier security features such as no KYC checks, unchangeable bets, and transparent gambling analytics.
In just stage 6 of presale, Rollblock’s casino is giving traditional iGambling platforms a run for their money as it hosts 150+ AI-powered games that are fully regulated and licensed by Solid Proof and Gaming Curaco. The play-to-earn crypto casino currently features both classics and new web3-based titles, but Rollblock also plans to introduce a sports betting option in upcoming months.
Rollblock’s native $RBLK utility token is also an integral part of Rollblock’s revenue-share model that gives weekly staking rewards with 30% APY to current holders. Every week, Rollblock reinvests a huge portion of its casino revenue into open market buybacks of $RBLK which are used for two purposes: one half is distributed to investors, and the other is burned forever to keep Rollblock’s price deflationary over time.
After Rollblock’s presale stage 5 sold out in record time, investors are rushing to grab $RBLK before the price spikes any further. For now, Rollblock is selling exclusively on the platform’s website for just $0.024 per token.
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