As meme coins lose ground to altcoins, Dogecoin’s price seems to be crashing to lower lows. While Floki is managing to hold its ground for now, it may experience a sell-off in upcoming weeks. Amidst this sentiment, investors are turning towards Rollblock’s explosive presale that is poised for 800% gains before its official launch.
Is Dogecoin (DOGE) Crashing?
Memecoins have had a rough end to Q3, with Dogecoin recording 23% intra-month losses. After another intra-day decline of 2.73%, Dogecoin’s current price is down to $0.1043. Despite these losses, Dogecoin still stands as the 8th largest crypto by market cap and has seen a small 1.68% uptick in volume over the past 24 hours.
Dogecoin is currently trading below its moving averages on the DOGE/USD daily chart, signaling bearish dominance. With Dogecoin’s RSI trending downwards, there is room for more declines before a potential resurgence. If Dogecoin falls below the $0.0943 support, it may see a steeper decline to $0.0668 in Q4.
Floki (FLOKI) Investors Might be Booking Profits
Floki has recorded impressive 27.57% gains over the past week, bringing the current trading price up to $0.0001592. Even though Floki hasn’t entered the Top 50 cryptos list just yet, it has seen a surprising 40% uptick in trading volume in the last 24 hours.
According to the FLOKI/USDT daily chart, Floki is trading above its 50-, 100-, and 200-day EMAs, signaling strong buy signals. However, Floki’s RSI is quickly approaching the overbought level and technical indicators like the MACD and CCI have already turned bearish. To sustain its recent highs, Floki needs to float above the pivot at $0.0001404.
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Rollblock (RBLK) Becomes Investors Top Choice Ahead of Q4 Bull Run
Rollblock (RBLK) might be a newcomer in the GambleFi sector, but analysts believe it has what it takes to become the next 100x crypto. By integrating decentralized finance with centralized utility, Rollblock’s crypto-native casino is making strides with nearly $3M raised in presale. If this momentum persists, Rollblock could become a market leader in the $500B per annum global gambling industry.
The reason why Rollblock is quickly becoming the top choice for investors is its Ethereum-backed security protocol that resolves issues like bet fixing and third-party manipulation. Every transaction and bet made on Rollblock is encrypted on the Ethereum blockchain, allowing Rollblock to leave traditional iGambling platforms behind by a mile.
To continue its gold standard of transparency, Rollblock has no KYC checks upon signup. Traders can gain instant access to over 150 AI-powered games on Rollblock by linking their wallets and depositing any of the 20+ compatible cryptos. As they play, traders can win more RBLK to add to their wallets.
Aside from the play-to-earn mechanism, Rollblock also boasts a hold-to-earn scheme that sets it apart from the competition. Every week, Rollblock purchases RBLK on the open market using 30% of its casino revenue. These tokens are then distributed as staking rewards with the highest APY in the market.
Currently in the fifth presale stage, Rollblock’s native $RBLK is selling for only $0.022 per token. Given the massive 120% rally since the beginning of presale, market experts believe Rollblock’s price could surge 800% before it hits decentralized exchanges.
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