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As Bitwise eyes DOGE ETFs, experts warn that Dogecoin (DOGE) could be on the verge of a significant dump. Meanwhile, Rollblock, an innovative GambleFi project has gained huge traction in January. The project has raised over $10 million during its presale and experts believe it could be on the verge of a 100x rally.
Rollblock is a new GambleFi project that aims to modernize the online casino industry. With over 7,000 games and 150 sports options, Rollblock offers something for everyone. The platform runs on the secure Ethereum blockchain, which ensures smooth and reliable transactions. In December alone, sign ups increased by over 600%.
The platform has already captured significant attention after raising $10M in its presale. In just a few months, Rollblock has attracted 45,000 users and processed an impressive $1.75 million in wagers during December alone.
Now at Stage 10, Rollblock’s token is priced at $0.053. In addition to its game offerings, Rollblock also introduces a unique revenue-sharing model. Up to 30% of its revenue is used to buy back RBLK tokens. Of those, 60% are burned, reducing the overall supply and boosting scarcity. The other 40% is distributed as staking rewards, giving users a passive income opportunity.
After a strong performance in December, Dogecoin has faced an unpredictable January. Its price collapsed from $0.33 to $0.25, causing many Dogecoin investors to sell. However, with Bitwise Asset Management filing for a Dogecoin ETF many investors have taken a more bullish stance.
The introduction of a Dogecoin ETF could result in huge institutional investment, driving up Dogecoin’s price to over $0.50. Furthermore, Elon Musk’s ongoing support and Dogecoin’s potential integration into X have resulted in additional bullish momentum. With this in mind many experts believe that Dogecoin could rally to $1 in 2025.
Ethereum is currently priced at $2,732 but has crashed by 18.23% in the last 30 days. The key resistance level is sitting at the $3,000 mark. If Ethereum can push past this, it might open the door to further gains with analysts stating that Ethereum could reach highs of $5,000.
This bullish outlook is backed by Eric Trump, who recently posted on X on February 3rd, stating that Ethereum could be a solid buy right now. If Ethereum manages to break through this barrier, it could climb back to more promising levels in Q1.
As altcoins crash across the market Rollblock is building more momentum. Having recently hit a major milestone of raising over $10 million, experts believe the project could see a massive 100x rally this year. RBLK is set to be launched on major exchanges over the next few months. When this occurs, RBLK’s price could go as high as $1, offering substantial returns for early investors.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
