Shiba Inu and Dogwifhat have seen a shift in market trends following last month’s bull run. Meanwhile, a new DeFi venture named Rollblock has been making waves in the crypto sphere, outshining these top cryptocurrencies despite their lackluster performance. Recently, RBLK has surged by 40%, with analysts anticipating further growth in the coming weeks.
Shiba Inu (SHIB) Shibarium Metrics Surge, SHIB Price Declines
Two metrics on the Shibarium layer2 blockchain for Shiba Inu (SHIB) have experienced significant growth in just one day. Firstly, the number of new accounts on the blockchain has skyrocketed by 3436%. Through Shibariumscan, active accounts have risen from 30 to 1,031.
Another crucial metric is the transaction volume within the network, which has also increased by 80%, from 4,751 to 8,527. Despite the uptick in user engagement on the Shibarium network, this has not impacted SHIB’s price.
Data from CoinMarketCap reveals that the price of Shiba Inu, a prominent meme coin, has dropped by 7% in the past week. This decline has prompted investors to explore alternative altcoins for investment opportunities in the current market landscape.
Dogwifhat (WIF) Faces Mixed Sentiment
Similar to Shiba Inu, Dogwifhat (WIF) is another meme coin grappling with bearish trends on the weekly timeframe. CoinMarketCap data indicates a 6% decrease in Dogwifhat’s price within this timeframe. Despite the weekly loss, the bi-weekly chart reflects a 24% profit.
Dogwifhat has recently changed hands within the $3.10–$3.89 price range. Analysts suggest a potential value of $4 in the near future if Dogwifhat aligns with the bullish market trend.
Rollblock (RBLK) Gains Momentum in Stage 3
While some altcoins have dipped in the market, early participants in Rollblock’s (RBLK) presale at stage 1 have seen a 40% return on their investment. RBLK’s native token has surged from $0.010 to $0.014, with experts forecasting a potential 50% increase in the coming weeks.
Rollblock’s connection to the online gambling sector, a promising niche in the cryptocurrency realm, has garnered attention. The project aims to address issues prevalent in traditional online gaming within the GambleFi ecosystem using blockchain technology for enhanced safety, security, and transparency.
Rollblock’s unique revenue share model, which allocates up to 30% of weekly revenue to buy $RBLK from the open market, has attracted significant investors. This model offers passive income opportunities and boosts token scarcity by burning half of the purchased tokens.
Moreover, Rollblock eliminates the need for KYC procedures, allowing easy access to its platform through a simple email and password registration. With over 150 casino games on the horizon, Rollblock presents a compelling investment opportunity.
As Shiba Inu and Dogwifhat face challenges, investors are turning their attention to Rollblock as a promising venture. With the project entering its third presale stage, analysts project a 50% price surge in the near future.
Explore the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Tags: SHIB, WIF
