VeChain and Dogwifhat have both recorded significant losses lately, hinting at a loss of interest in these underperforming tokens. As investors begin to abandon memecoins for altcoins, Rollblock (RBLK) is showing much more growth potential than DeFi token VeChain. With Rollblock’s early investors already enjoying 140% gains, this new altcoin is expected to become the biggest DeFi token by the end of Q4.
VeChain (VET) Picks Up Momentum Ahead of Q4 Bull Run
Even though VeChain is a veteran L1 smart contract platform, the token has been on a bearish trend over the past month. Even VeChain’s weekly price chart has seen a series of declines, recording a total of 13.73% losses. After a minor intra-day surge of 0.87%, VeChain is currently trading at $0.02128.
Despite the recent declines, VeChain is still the 44th largest cryptocurrency with a market cap of $1.72 billion. However, on the VET/USD daily chart, VeChain is trading below its 50-, 100-, and 200-day EMAs. VeChain has picked up momentum today, and if VeChain’s price can breach the $0.022436 pivot, it may turn bullish in upcoming weeks.
Dogwifhat (WIF) Turns Bullish on 2-Hour Chart
Memecoins like Dogwifhat are experiencing a mixed market sentiment. After recording a huge 21.5% decline in seven days, Dogwifhat is currently trading at $1.47. At this price, Dogwifhat is approximately 70% down from its all-time high of $4.85.
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Even though the WIF/USD daily chart shows strong bearish momentum, Dogwifhat is beginning to turn bullish on the 4-hour and 2-hour charts. With Dogwifhat’s RSI pushing upwards from the neutral zone, Dogwifhat may enter bullish territory if it can sustain the current level. If Dogwifhat breaches the pivot at $1.59, Dogwifhat’s price may surge to the $2.11 and $2.71 resistance trendlines soon.
Rollblock (RBLK) Surges Through $3M Milestone
There might be tough competition amongst altcoins right now, but Rollblock’s explosive presale is defying the odds. With an ingenious strategy to bring the $500 billion gambling industry to the $2 trillion crypto market, Rollblock has been seeing a huge influx of investors who want to bet on the future of online gambling before the price reaches the moon.
Despite raising over $3M in presale, analysts believe Rollblock is just warming up. Such bullish predictions are based on Rollblock’s commitment to user experience, transparency, and security. Through an Ethereum-backed casino, Rollblock allows users to bypass KYC checks, view transparent betting histories, and avoid third-party manipulation like bet fixing.
All these security protocols combine to make Rollblock’s crypto-native casino one of the best in the market. The casino currently boasts 150+ immersive casino games that are all AI-powered, allowing users to play on their own time and accumulate $RBLK as in-game rewards. Aside from playing to win, Rollblock also offers a revenue-share mechanism through which players can earn a weekly passive income. By staking $RBLK, current holders receive staking rewards every week with up to 30% APY.
By bringing these innovations to the world of online gambling, Rollblock is quickly positioning itself as a market leader and is already poised for 800% gains by the end of 2024. For now, $RBLK tokens are selling for $0.024 each in the sixth presale stage, with analysts expecting another price surge in the next few days.
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