DOGE To A Dollar: Major Rallies Expected for Dogecoin, Rollblock and Shiba Inu If Bitcoin Breaks Highs

Dogecoin and Shiba Inu are currently struggling in August, having both experienced consecutive declines over the past week. Meanwhile, Rollblock is holding up well during a period of market volatility, leading analysts to believe that Rollblock could achieve 100x gains in the peak of the bull run.

Memecoins Dogecoin and Shiba Inu are both struggling in August, with Dogecoin down 20% and Shiba Inu down over 22% in 30 days.

However, Rollblock is up over 800% since the beginning of August, and some analysts believe it could achieve 100x gains in the peak of the bull run.

Dogecoin’s Price Action May Remain Stagnant In Coming Months

Hype has been slowly draining from the market since the beginning of Q2, and memecoins have been among the worst hit by this trend. Both Dogecoin and Shiba Inu have seen multiple price fluctuations this month, largely due to the market entering a bearish limbo stage.

Dogecoin, in particular, has experienced two major price drops and two minor surges in August. Notably decreasing by 20% this month, some analysts believe that Dogecoin’s price action will remain largely stagnant for the coming months.

This is especially likely considering that the market is still recovering from early August’s devastating market crash, and Dogecoin is likely to experience further declines as this market downturn continues.

Crypto Analysts Are Down On Shiba Inu Despite Likely Long-Term Recovery

Shiba Inu has also experienced multiple fluctuations in August, largely due to a鯨魚transaction volume plummeting to dangerously low levels.

This has caused some crypto analysts to be bearish on Shiba Inu’s short term prospects, with some predicting that it will continue to decline throughout Q3.

It remains unclear when Shiba Inu’s trajectory will swing bullish, though recent Shiba Inu burns exceeding 1088% have seen Shiba Inu undergo a minor 1% surge in 24 hours.

However, multiple analysts believe that this is a minor blip and that Shiba Inu is likely to continue declining in the coming weeks.

Rollblock Could Become The Next Gem To Provide Investors With Eye-Watering Returns

Rollblock merges centralized and decentralized gaming experiences while notably bypassing the KYC process that is standard with most GambleFi platforms.

This is especially attractive to users who value their anonymity and don’t want to divulge their private information, which also reduces friction to entry and attracts even more people to join.

New games and frequent updates are also a hallmark of the platform, which constantly enhances the user experience through information obtained via feedback sessions and strategic partnerships with major players in the space.

An example of this would be Rollblock’s state-of-the-art security technology, which encrypts all bets and transactions on the platform.

An essential component of a GambleFi casino, users never have to worry about security breaches or nefarious activity that could affect their funds or privacy.

Another key aspect of the platform is its expansion into sports betting, which will be an additional element to its extensive game library of over 150 titles.

This will provide even more utility for RBLK tokens and enhance the platform’s attractiveness to a broader audience.

Finally, the platform features an enticing revenue-sharing incentive, where up to 30% of weekly profits are allocated to RBLK token holders through a buyback initiative.

During this, half of the tokens are burned and the other half are distributed as rewards. This approach significantly reduces selling pressure while increasing demand for the RBLK token.

The RBLK token is priced at $0.021 in stage five of the presale and is expected to experience an 800% price surge following the platform’s official launch in Q4.

Early investors could be rewarded with life-changing gains, with potential explosive returns ranging from 50x to 100x in 2024-2025.

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

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