Ripple XRP and Dogecoin are facing significant selling pressure this week. Both tokens have been unable to regain investor interest amid rough market conditions. As the fourth quarter bull run approaches, traders are now betting that Rollblock’s GambleFi protocol will emerge as the leading DeFi token by the end of 2024.
XRP will soon experience a price crash
XRP has been trending downward for some time now, and to make matters worse, the SEC has decided to appeal the court’s decision that XRP is not a security. Now, with XRP and the SEC once again in court, investors are starting to rotate their capital out of fear of further losses.
XRP is currently trading at $0.5272 after falling 2.35% during the day. If XRP’s technical indicators such as momentum indicators and MACD levels do not turn bullish soon, XRP, which recorded huge losses in the fourth quarter, could become a ghost of the past.
Dogecoin (DOGE) will soon drop to $0.1
Dogecoin’s daily chart shows a range-bound structure, which typically indicates a sharp decline before a potential trend reversal. Dogecoin’s nearest support is $0.1, and analysts expect Dogecoin to reach this level in the coming weeks. Despite this bearish outlook, Dogecoin’s large trades have jumped from 124 to 296 in the past 24 hours, hinting at the possibility of more price volatility in the future.
Dogecoin is currently trading at $0.1065 after a significant intraday drop of 4.82%. Dogecoin’s volume has also increased by 2.34% in the past 24 hours, suggesting that some traders are buying on the dip. Analysts believe that Dogecoin is unlikely to recover before November, as Dogecoin’s daily chart is currently giving off a strong sell signal.
Roll Block (RBLK) Prepares for 100x Rise on Q4 Launch Date
Rollblock’s crypto-native casino has been making headlines since the beginning of its pre-sale. Within a few months, Rollblock had successfully raised over $4.1 million and restored the community’s trust in online gambling. As Rollblock’s official launch date approaches, analysts are already talking about how Rollblock is poised to become the next 100x cryptocurrency on the market.
Rollblock’s ingenious strategy of combining decentralized and centralized gambling is the secret to rapid success. Rollblock is sparking a new wave of online gambling by launching a crypto-native casino with no KYC checks and a security system backed by Ethereum. Instead of worrying about third-party manipulation, Rollblock players can rest assured that all financial transactions and bets are automatically encrypted on Ethereum’s immutable blockchain.
Rollblock is focused on delivering a Las Vegas-like gambling experience, so the platform offers over 7,000 AI-based games, including classic games like roulette and poker, as well as new Web3-based titles like KENO. It offers a huge selection of on-board games. Rollblock has also launched a sports betting feature that allows users to bet on the outcomes of top international sports leagues such as NBA, NFL, MMA, F1, La Liga, and UFC.
Rollblock’s commitment to being a community-driven utility token is also evident in the massive staking rewards it offers. Each week, Rollblock uses a portion of its profits to purchase $RBLK on the open market and distributes staking rewards to long-term holders at up to 30% APY. If that’s not enough, presale holders will also receive exclusive VIP bonuses based on their $RBLK holdings.
Rollblock is currently selling its tokens for $0.031 during Stage 7 of its presale, but analysts expect RBLK to hit a new all-time high by the end of this week. Rollblock is expected to deliver an 800% return by the end of the presale, so now is the perfect time to add $RBLK to your portfolio before the Q4 bull market.
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Website: https://presale.rollblock.io/
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