Solana (SOL) and Dogecoin (DOGE) Bounce Back From Market Crash as Rollblock (RBLK) Presale Token Rallies Over 100%
- 王林Original
- 2024-08-08 18:19:20572browse
Various cryptocurrencies are already bouncing back from the recent market-wide crash that even saw stocks plummet. Market watchers are growing increasingly optimistic that the bull run will continue.
Various cryptocurrencies are already bouncing back from the recent market-wide crash that even saw stocks plummet. But where’s the real action at?
For savvy investors, the crypto casino space is where all the action lies. Rollblock’s GambleFi protocol is revolutionizing the online gambling space and has seen its RBLK token rally over 100% since the start of its presale, now in its 5th stage. At its current price of $0.02, RBLK is tipped to rally further by over 800%.
Here’s a closer look at some of the latest price movements.
Solana’s SOL set for a bullish resurgence amid FUD
Solana is also setting the stage for a bullish resurgence, with Solana’s price prediction suggesting a possible recovery for Solana above the $200 mark if the bull continues to seek a breakout above current resistance at $140.
In addition to the war tension in West Asia that has kept most of the markets worldwide down, Solana’s price crash has also been influenced by a $25 million Solana futures liquidation, further adding to SOL’s sell-side pressure.
Currently, however, Solana’s price predictions point to a short-term market indecision that could see SOL’s price continue to move sidewards around the $145 region.
Dogecoin (DOGE) is expected to 4x by the end of 2024
The meme coin frenzy that started with DOGE is somewhat cooling off, especially after the recent market-wide downturn, which saw most meme coins plummet over 20% in a span of hours.
Dogecoin, however, remains at the top and is even showing signs of a recovery, with a 3.6% price increase over the last 24 hours. Market watchers are increasingly optimistic for a 4x rally for DOGE, given the increased network activity that suggests a move by DOGE holders to buy the dip. Reports show that there is an increase in the network’s large transaction volume by a whopping 119%.
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