Metaverse Firm Sandbox (SAND) Now Owns DOGE and SHIB; Rollblock (RBLK) Hits Record Volume As Holders Brace For Price Increase
Sandbox (SAND) has announced that it has acquired six meme tokens, including DOGE and SHIB, to help support specific communities and heighten its influence in Web3 culture. The recent acquisition highlights the potential for meme coins to create intriguing opportunities for interaction and engagement in the GameFi market and, more importantly, foster a more inclusive and diverse community.
Rollblock (RBLK) continues to gain traction, fueled by its attractive live casino and intriguing revenue share model, which offers the best passive income opportunities. Experts have already hinted that this altcoin could surge by 100x in 2024, making it one of the best cryptos to buy.
Rollblock (RBLK) Continue To Trade In Green, Experts Predict a 100x Price Surge
Rollblock (RBLK) is among the best cryptocurrencies that have been resisting bearish market trends. Notably, the altcoin aims to bridge the gap between the centralized and decentralized markets with a fully-fledged live casino that applies blockchain technology to promote security, transparency, and efficiency.
It is poised to access the online gambling market that is projected to increase in value to $744 billion by 2028, cementing its upward trajectory of price appreciation. Rollblocks platform has ensured easy sign-up processes that dont require KYC verifications for privacy and convenience. Users will only need an email to connect their wallet or sign up to get started. This feature has drawn investors in the broader cryptocurrency market to its presale.
Additionally, the RBLK token will serve as an incentive reward to users in the ecosystem. Rollblock will use up to 30% of its weekly revenue to buy back RBLK tokens from the open market. It would then initiate a burning mechanism for half of these tokens, permanently removing them from circulation. The other half would be used for staking rewards, offering the best passive income opportunities in the crypto market.
At the moment, Rollblock is sold at a modest price of $0.014. This marks a 40% increase in price value from its initial offering of $0.010. Moreover, in its presale stage three, the altcoin has already raised $800,000 and now targets the $1 million mark by the end of June. With this view, many experts have pegged the altcoin as the best crypto to invest in, suggesting that it would surge 100x once it's listed in top-tier exchanges in Q3.
Dogecoin Sell-off Below the $0.1 Mark Imminent, Analysts Say
The leading meme coin, Dogecoin, has experienced price fluctuations attributed to broader market corrections. The recent downtrend has pushed the price of Dogecoin to lower lows around its critical resistance level around the $0.13 mark. Its downturn significantly mirrors Bitcoins trends, with Solana coin reversing some of its gains, which has impacted the meme coin market.
Additionally, in the past month, the Dogecoin meme coin witnessed a price drop of 24 %, which further intensified its bearish outlook as sellers took control, pushing the price lower. It has also experienced substantial whale transactions, sparking speculation for potential sell-offs by major holders. With this view, many experts have made bearish Dogecoin price predictions, suggesting that the meme coin would record lower lows below $0.1.
2.2 Trillion SHIB Moved From Robinhood, Impending Sell-off?
In unexpected events, 2.2 trillion Shiba Inu coins were transferred from Robinhood to an unknown wallet. The large transactions have raised eyebrows in the broader cryptocurrency market, as they coincide with the Shiba Inu price decline. Its recent price downturn is majorly attributed to broader bearish markets.
Experts have not pinpointed a direct correlation between the price drop and large investor transactions since withdrawing from the Robinhood exchange could mean the holder intends to buy. Amid this, industry experts have speculated about the reason behind the move, with some suggesting the whale might have moved them in a cold wallet. Others suggest that the whale could be strategically accumulating, potentially setting the stage for a future price upswing.
Can Rollblock Outpace Shiba Inu and Dogecoin on the Market?
While Shiba Inu and Dogecoin struggle to regain bullish upswings, Rollblock continues to trade in the green, making it among the best crypto to buy now. With a small capitalization, Rollblock requires fewer funds added to it to trigger a double-fold increase in the value of $RBLK. Moreover, it provides the highest returns and is poised as a compelling proposition for crypto enthusiasts seeking to diversify their portfolios.
Discover the exciting opportunities of Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
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Text source: Crypto Daily™
