Dogecoin was one of the worst performing top 20 cryptocurrencies in March, sparking a series of bearish Dogecoin price predictions. A top trader now believes that Dogecoin could drop below $0.10 as market turbulence drags its price below $0.16.
As a result, many investors are selling their DOGE to buy up a rival coin that’s seen a 500% increase over the past few months. Rollblock is one of the fastest-growing projects in the presale space, having recently hit the $11 million raised milestone. Here’s why top investors are buying it over meme coins like Dogecoin.
Rollblock Presale Surges 500%
While much of the crypto market has faced declines in Q1, Rollblock has gone from one win to another. This GambleFi protocol has seen huge success, raising over $11 million with over 50,000 investors signing up to its platform.
This lucrative project combines DeFi with traditional gaming to offer greater transparency in the $450 billion casino industry. Its platform offers a massive gaming library of over 7,000 options from classics like poker to slots and its very own sportsbook.
Rollblock ensures that all bids are fully immutable, recording every transaction on the Ethereum blockchain. This prevents the house from manipulating results and gives players an even playing field. To further enhance investor trust, Rollblock has also been audited by Solid Proof and holds a gaming license from Gaming Anjouan.
Rollblock Offers Passive Income Opportunities For Investors
In addition to being a gaming powerhouse Rollblock is also a fantastic investment opportunity. The project showcases a revenue-share model in which its revenue is used as rewards for investors. To achieve this Rollblock reinvests up to 30% of its weekly revenue into purchasing RBLK tokens.
To create scarcity 60% of these tokens are burned, which will slowly reduce the RBLK supply as the project gains traction. The remaining 40% of tokens will be used for staking rewards, allowing investors to build a passive income stream.
Dogecoin Price Prediction: Musk Announcements Triggers Bearish Momentum
At a March 30 town hall in Green Bay, Wisconsin, Elon Musk announced that there are no plans to use Dogecoin in the U.S. government. This announcement triggered a 4.2% decrease in Dogecoin’s price while DOGE’s trading volume fell below $1 billion. Despite this, analyst Ali highlights that Dogecoin could be on track for a potential rebound.
Ali outlines that a spike in demand could trigger a Dogecoin rally with DOGE currently holding above a lower boundary. While Dogecoin’s price has failed to replicate this prediction, Dogecoin’s daily trading volume has increased by 14% in the last 24 hours to $1.04 billion.
At the time of writing Dogecoin was trading at $0.1632 following a weekly decline of 7.61%. Though still in the red, Dogecoin has outperformed several major altcoins including XRP and Solana, both of which experienced double-digit declines over the past week. With this in mind, investors believe that Dogecoin could be on track to rebound in April.
Investors Move Away From DOGE To Buy Rollblock
Rollblock is currently in stage ten of its presale with over half of the round supply sold out. Tokens are currently available for $0.062 and are set to increase over the next fortnight as thousands of new investors buy into the project.
Over the next few months the Rollblock team will finalize listings on several major exchanges, setting Rollblock up for long term success. Currently, experts believe that RBLK will likely see a massive 100x rally once tokens are listed making April the perfect time for investors to get involved before the project goes mainstream.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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