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Rollblock (RBLK) Potential Extends Way Beyond The GameFi Market, As Meme Coins Like DOGE, and SHIB Continue to Dip

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2024-06-20 18:06:41552browse

Rollblock (RBLK) is one of the latest online crypto iGaming platforms aiming to utilize blockchain technology for the purpose of solving issues that occur with traditional gaming platforms.

Rollblock (RBLK) Potential Extends Way Beyond The GameFi Market, As Meme Coins Like DOGE, and SHIB Continue to Dip

The value of Dogecoin (DOGE) token has dropped by 10% which has caused panic in the market. While Dogecoin still holds a large portion of the meme coin market, the recent liquidation of $60 million in $DOGE futures after its price drop is influencing investor’s decision. This occurrence is happening at the same time Shiba Inu is showing lagging momentum. However, there are a lot more promising tokens in the altcoin market and most investors are feeling confident in this presale iGaming token, Rollblock (RBLK). With a substantial adoption and vast ecosystem, this online crypto iGaming platform is aiming for a takeover.

With Hot DeFi Features, Rollblock’s (RBLK) Potential Extends Way Beyond The GameFi Market

Rollblock (RBLK) is one of the latest online crypto iGaming platforms aiming to utilize blockchain technology for the purpose of solving issues that occur with traditional gaming platforms. Rollblock particularly tackles issues relating to accessibility, privacy and security. However one of the most intriguing aspects of Rollblock’s platform is how it allows users to have access to its platform without any KYC checks or additional downloads.

The aforementioned perk, coupled with Rollblock’s revenue share model which entails a buyback and burn mechanism has allowed the token gain favorability as one the top altcoins to buy. This revenue share model involves Rollblock buying back its $RBLK token back from the open market with 30% of its weekly revenue. The platform then burns half while the remaining tokens are allocated for staking rewards.

Asides rewarding stakeholders passively with its revenue, the burning of RBLK token also translates to a reduced supply and a higher demand and value in the altcoin market. So far, in its third presale stage, Rollblock has raised over $770,000 with its price going up by 40% from $0.01 to $0.014. However with time Rollblock is expected to experience even more growth. For starters, the platform can potentially raise over $2 million before the end of June.

By the time Rollblock starts listing on CEX and DEX platform, the token can potentially achieve a 100x token status. For a crypto iGaming platform with easy accessibility, over 150 iGames and a vast array of over 20 cryptocurrencies to utilize in its ecosystem, Rollblock’s potential for success is sky high. Ultimately, Rollblock can possibly rank as the best crypto to buy this year.

Dogecoin Holders Lose Massively As $60M $DOGE Futures Liquidate

With Dogecoin (DOGE) and a couple of other meme coins dipping lately, smart investors are only reading it as a “buy the dip moment.” However, recently, over $60 million in Dogecoin ($DOGE) futures were liquidated, meaning investors lost a lot of money on bullish stakes.

This occurred due to the price of Dogecoin token, $DOGE dropped over 10% which represented a part of a larger decline in the meme coin market. The $60M liquidations of Dogecoin futures suggest bearish sentiment and could lead to further downward pressure on the value of Dogecoin token.

Shiba Inu Price Can Rebound But It Has To Survive This Current Bearish Phase

The price of Shiba Inu (SHIB) token has been dwindling lately. After seeing a significant peak price around early March, the token has gradually been losing momentum.

While Shiba Inu still holds a positive 145% gain year-to-date, some holders are positive while others are contemplating how soon the Shiba Inu token can rebound. Shiba Inu indeed has potential to rebound this year, considering the aftermath of its network (Shibarium) development which is to reflect sooner or later this year.

Asides Meme Coins Like DOGE, SHIB, Can Rollblock Surpass Top DeFi Platforms This Year?

Rollblock’s potential is vast so it could potentially start rivaling most DeFi platforms on the market especially due to its revenue share model. But in this year alone, Rollblock will have to see an unprecedented amount of growth for it to top more than two top altcoins in the DeFi space.

News source:https://www.kdj.com/cryptocurrencies-news/articles/rollblock-rblk-potential-extends-gamefi-market-meme-coins-doge-shib-continue-dip.html

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