Uniswap (UNI) and Shiba Inu (SHIB) Record Massive Losses, Investors Jump Ship to Rollblock (RBLK)

With Uniswap and Shiba Inu recording massive losses over the past 30 days, investors are ready to jump ship to better-performing tokens.

Uniswap (UNI) and Shiba Inu (SHIB) have both recorded massive losses over the past 30 days, leading investors to search for better-performing tokens.

However, as per our crypto price analysis, a new presale offer has managed to outshine both UNI and SHIB in terms of performance and investor interest. Enter Rollblock (RBLK) – a new play-to-earn GambleFi token that has been making waves in the crypto community.

With Uniswap and Shiba Inu both struggling to maintain their value, investors are ready to jump ship to better-performing tokens. Given Rollblock’s explosive rise to success, there’s no denying that this presale offer could end up becoming the biggest DeFi token by the end of 2024, with thousands of altcoin investors buying into the project daily.

Uniswap (UNI) Bears and Bulls Caught in Battle

Uniswap’s price has been on a downtrend since July, with nearly 24% losses recorded in the last 30 days. Post another intra-day decline of 4.36%, Uniswap is currently trading at $6.08. Although Uniswap is still in the top 50 crypto rankings, it is losing its market cap rapidly, hinting at decreasing investor confidence.

For now, the UNI/USD daily chart is painting a mixed picture. While Uniswap is trading below its 50-, 100-, and 200-day EMAs, its MACD Level is flashing a buy signal. If selling pressure picks up, Uniswap may fall to $5.072 in upcoming weeks.

Shiba Inu (SHIB) Under Strong Bearish Pressure

Shiba Inu may have been one of the most popular meme coins, but its price has been on a massive downtrend lately. Post an intra-day decline of 2.71%, Shiba Inu is currently trading at $0.00001315. With Shiba Inu’s 24-hour trading volume up by nearly 50%, the token may be headed into bearish territory.

Since Shiba Inu’s RSI is still in a low neutral zone, investors may have to brace themselves for more price falls before a trend reversal. Over the last 24 hours, Shiba Inu has fallen below its crucial support at $0.00001233 which suggests strong bearish pressure.

Rollblock (RBLK) Shocks DeFi Market with Viral Presale Success

Over the last month, Rollblock’s (RBLK) new play-to-earn GambleFi token has become a viral success. Ever since its presale was launched, Rollblock has been making headlines for its strategic combination of decentralized and centralized gambling, allowing it to easily outperform established tokens like Uniswap and Shiba Inu.

Having already raised $2.2 million and attracted nearly 9,000 users, Rollblock is on the road to becoming a massive success. The global gambling industry is already valued at $450 billion per annum, and Rollblock is expected to own a considerable market share due to its vast collection of casino games paired with blockchain-backed security.

On Rollblock’s casino, new players can bypass all KYC checks and sign up by connecting their crypto wallet or email. In addition, they can enjoy a worry-free gambling experience since every financial transaction and bet is automatically inscribed on the Ethereum blockchain.

At the heart of Rollblock’s casino is the platform’s native $RBLK token. Besides using RBLK for in-game payouts, Rollblock ensures that RBLK has massive utility and scalability. Since the token’s supply is hard capped at 1 billion, $RBLK’s price is expected to skyrocket as supply runs out and demand increases.

The real secret behind Rollblock’s success is its profit-sharing scheme. Every week, Rollblock purchases $RBLK on the open market and uses these tokens for staking rewards and token burning, making $RBLK deflationary.

On Rollblock’s website, $RBLK is selling exclusively for a low price of $0.021. As Rollblock gains traction, analysts expect the price to surge 800% before the end of the presale stages!

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