Bitcoin (BTC) and Dogecoin (DOGE) have both witnessed a price decline during the past week which has put traders in a worrying position in which they now need to diversify their holdings. However, a key crypto to which many whales have been running to is Rollblock (RBLK), as it is poised for a 100x surge following its launch and major exchange listings. Today, we will go over each project to see what kind of performance whales can expect in the future, and to determine which is the best cryptocurrency to invest in.
Bitcoin (BTC) Is in Decline – Can It Regain $71,000 or Move Further Up?
Bitcoin (BTC) has decreased in value, as according to the latest metrics it’s down 10% on the weekly chart. The Bitcoin price slipped from $71,643.89 to $66,254.14 during the past week, sending ripples across the entire industry.
Sentiment on the Bitcoin crypto is now neutral, as it needs to regain the $71,000 price range in order to become bullish again and potentially even reach a new all-time high. The last ATH for BTC was at $73,737.94, a value reached on March 14, 2024. As a result, according to the Bitcoin price prediction, if it does indeed regain momentum, it can reach $98,973 by the end of 2024.
Dogecoin Price Dips 15% – Is Recovery Possible?
Dogecoin (DOGE) has also dipped in value, but by 15%, which is indicative of a further downtrend when compared to BTC. Just within the past week, the Dogecoin price did surpass $0.16, before finding support back down to $0.14.
Now, $0.17 is the next major price barrier that the Dogecoin crypto needs to pass in order to regain its momentum. The RSI and MACD data points are bullish, and an upwards momentum is likely if it regains bullish attention. According to the Dogecoin price prediction, it can end Q4 of 2024 at $0.1744
Rollblock (RBLK) Emerges as One of the Best Cryptos With Unique Revenue-Share Model
Rollblock (RBLK) introduces a disruptive revenue-share model which can propel it above the competition, and this, coupled with the token being a part of an established, licensed and fully-operational casino, can enable it to reach new heights. Through the usage of blockchain technology, it can provide enhanced functionality and unparalleled transparency, which is a stark contrast to the legacy infrastructure and practices which often plague traditional casinos.
Moreover, RBLK’s strategic positioning capitalizes on the burgeoning GambleFi market, a sector projected to reach a staggering $744 billion by 2028. This prescient move is underscored by its established platform, granting it a crucial first-mover advantage. The platform even removes Know Your Customer (KYC) checks to ensure anonymity, a feature specifically designed to resonate with a discerning demographic within the cryptocurrency landscape.
Its revenue-share model works by using up to 30% of the profits generated to buy tokens back from the open market. Then, half of these get burned, reducing the supply and increasing the scarcity of the token. The other half is then distributed to holders of the RBLK token, ensuring long-term investment strategies are a viable option for holders.
Moreover, the project is currently in Stage 3 of the presale, and the token boasts a price of $0.014, reflecting a remarkable 40% growth from its initial offering price. This robust performance is further bolstered by a staggering $730,000 raised thus far, with projections indicating a potential breach of the $1 million mark in the near future. According to analysts, the crypto can spike 100x following its launch, and major exchange listings, making it one of the best cryptos to buy.
Moving Ahead With Rollblock
Bitcoin has seen a price decline which has affected the broader space, as Dogecoin has also declined in value. As a result, traders have begun to diversify their holdings, and are moving towards RBLK. With over 3,000 users registered already, Rollblock presents a compelling proposition for sophisticated investors seeking exposure to a disruptive force at the intersection of blockchain technology and online gambling, positioning RBLK as the best cryptocurrency to invest in.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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