Dogecoin and WIF See Open Interest Surge, Traders Still Betting Big On Rollblock After Record Week

Dogecoin and Dogwifhat’s barks are getting louder in the crypto market. The bullish momentum behind these dog-inspired meme coins is expected to keep growing. Yet, both Dogecoin and Dogwifhat are still lagging behind Rollbock’s spike in interest. The future looks promising for RBLK after the token kicked off phase 4 of its presale. The current [...]

Jul 24, 2024 - 07:55
 0
Dogecoin and WIF See Open Interest Surge, Traders Still Betting Big On Rollblock After Record Week

Dogecoin and Dogwifhat’s barks are getting louder in the crypto market. The bullish momentum behind these dog-inspired meme coins is expected to keep growing. Yet, both Dogecoin and Dogwifhat are still lagging behind Rollbock’s spike in interest. The future looks promising for RBLK after the token kicked off phase 4 of its presale. The current price tag of $0.017 is expected to soar over the next month, with over 5,000 investors joining the project presale. 

Dogecoin’s Trading Activity Is Recovering

Traders initiated a bullish rally for Dogecoin (DOGE) after 6.84 billion coins were transferred in one day, suggesting a positive outlook for Dogecoin. The buying interest is driving the price of Dogecoin upwards. The rise in whale activity and the Dogecoin price are interpreted as a buy signal, which is getting stronger as the price crosses the 100 EMA. 

Dogecoin is making a decent recovery and was trading at $0.1332 at the time of writing. According to experts, the price should settle between $0.1428 and $0.1550 in the upcoming week. However, caution is necessary because the bullish trend is not fully confirmed despite the recent market rebound.

Dogwifhat Is Rallying   

The Solana-based meme coin Dogwifhat is rallying with a 46% price increase over the last 30 days. Dogwifhat is now trading at $2.54, with a cap of $2.54 billion. Analysts consider the new price movement a sustained uptrend with the potential for more gains. Nearly every trading chart metric indicates a bullish trend for Dogwifhat.

According to current predictions, ​​Dogwifhat could hit $5 in upcoming months if the market sentiment does not waver from its current course. Unlike other meme coins, WIF is resilient, but it is worth remembering that meme coins are volatile, and Dogwifhat is not immune to the market sentiment.  

Rollblock’s Strategy Impresses Investors

Rollblock (RBLK) is well-positioned to take a leadership role in the GambleFi sector. The platform integrates conventional online gambling with decentralized finance to provide a safe and fun gaming experience. Players are spared cumbersome KYC procedures and can join Rollblock with an email or their crypto wallet. Once on the platform, users have access to over 150 different game modes and can place bets with over 20 cryptocurrencies, including the native RBLK token. 

$RBLK token holders can participate in Rollblock’s revenue-sharing model. The platform plans to buy back RBLK tokens every week to reward investors. Half of these tokens will be used for rewards and the other half will be burned. Due to $RBLK having a fixed supply this will have a deflationary effect that drives up Rollblock’s price over time. 

The presale is selling out faster than expected. Rollblock has already soared by 70%, raising over $1.2 million in the process. With tokens available for just $0.017, investors are doubling down on their investments to maximize their long-term returns. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

 

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

CryptoFortress Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.