It seems that the trends in the market have changed for Shiba Inu and Dogwifhat after the bull run of last month. Meanwhile, a new DeFi project called Rollblock has been garnering attention across the crypto space despite these top crypto coins performing poorly. Recently, RBLK has gone up by 40% and the analysts are predicting more rise in the coming weeks.
Shiba Inu (SHIB) Shibarium Metrics Pumps, SHIB Price Drops
There are two metrics on the Shiba Inu (SHIB) layer2 blockchain known as Shibarium that have increased within a day. First of all, the number of new accounts on the blockchain has increased by about 3436%. Using the Shibariumscan, the number of active accounts rose from 30 to 1,031.
Another important parameter is transaction volume within the network, which has also increased by 80%, from 4,751 to 8,527. Even though this is the case, both metrics depict the Shibarium network users’ engagement rising, yet this did not affect SHIB’s price.
Data from CoimMarketCap shows that the price of Shiba Inu, one of the top meme coins, has dropped by 7% in the past week. This fall has influenced investors to look for other better altcoins to invest in rather than the market of today.
Dogwifhat (WIF) Under Mixed Sentiment
Like Shiba Inu, Dogwifhat (WIF) is one of the top meme coins that is currently battling with bears at the weekly timeframe. Data from CoinMarketCap shows that the price of Dogwifhat has dipped 6% within this timeframe. Although Dogwifhat has recorded a loss on the weekly chart, the bi-weekly chart shows a profit of 24%.
Recently, Dogwifhat has been changing ownership in the $3.10–$3.89 price range. Analysts have suggested that Dogwifhat could be worth $4 in the near future. This can be the case if the Dogwifhat joins the bullish trend that has come back to the market.
Rollblock (RBLK) Continues To Gain Traction As It Enters Stage 3
While some altcoins in the crypto market have fallen back into the red region, those who joined the Rollblock (RBLK) presale at stage 1 are recording a return of 40% of their investment. This comes in the wake of Rollblock’s native token, RBLK having its value rise from a low of $0.010 to a new high of $0.014.
Market experts have predicted that there can be an increase of another 50% within the next few weeks. This is because Rollblock is connected to the online gambling niche that is among the most promising fields in the sphere of cryptocurrencies. Rollblock is creating a gaming project that will help address some of the problems that are attributed to conventional online gaming in the GambleFi ecosystem.
Rollblock will use blockchain technology to solve the issues of safety, security, and transparency. This will enable gamblers to have quick and safe transactions on the Rollblock platform, something that cannot be found in other gambling projects.
Besides this, Rollblock also doesn’t require KYC procedures, meaning that one can easily join the site without much hassle. It is as simple as providing an email and a password to get into gambling on the Rollblock system and have access to more than 150 casino games that are to be released soon.
One feature that is really setting it apart from the competition and attracting big investors is Rollblocks unique revenue share model. This is made possible by Rollblock using up to 30% of their weekly revenue to buy $RBLK from the open market. Half of the tokens it buys will be used for rewards, offering some of the best passive income opportunities in the crypto space and the remaining half will be burned to create long-term scarcity and push up the price.
On top of this, the RBLK token also gives you access to certain VIP games in the casino, rakebakes for players using the casino and further rewards and prizes. The price is expected to surge over 500% in presale This makes Rollblock one of the best cryptocurrencies to buy now.
Conclusion
While the likes of Shiba Inu and Dogwifhat are struggling, investors are looking at Rollblock as the next big thing. The new DeFi project has sold out the first and second stages of its presale and is now at the third stage. Analysts have predicted a 50% price surge in the next few weeks.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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