The crypto community collectively held its breath as the market saw the biggest crash since the FTX collapse in 2022. Although many projects are still struggling, Solana and Dogwifhat are among those that have reclaimed key levels. Crypto casino Rollblock is also making waves by reaching a new all-time high amid this market-wide sell-off. Early investors have generated returns in excess of 100% and there are no signs of slowing!
Solana Showing Strength With V-Shaped Recovery
Solana's price has declined steeply in the last week. A 40% drop sent it to the $110 level, which marked the bottom. Shortly after, a rapid rebound followed, and just a few hours ago, Solana surged back to $150.
If Solana sustains this level, a new rally towards the $200 resistance should follow soon. With Solana being one of the best performers of this current cycle, investors remain bullish, despite Blackrock shutting down ETF rumors citing a lack of interest among the broad public and Solana’s relatively small market cap.
Dogwifhat Is Back On The Offensive As Memecoins Regroup
Dogwifhat is currently the biggest Solana memecoin on the market. Dogwifhat skyrocketed to a multi-billion market cap in a matter of a few months, leaving most other memecoins in the dust. However, Dogwifhat was one of the worst hit meme coins during the recent market decline.
Dogwifhat experienced significant turbulence and bottomed at $1.13 after a 40% drop in one week. As buying pressure began mounting, Dogwifhat surged back to $1.67 with a 17% bounce in the last 24 hours. Analysts expect this new-found momentum could propel Dogwifhat to $3.
Rollblock Surges To A New ATH Despite Bloodbath
Rollblock’s price saw a substantial increase during the ongoing presale, which just crossed $2 million in raised funds.
Rollblock focuses on taking transparency and security to the next level. It does this by leveraging blockchain technology, which ensures that all transactions are easily traceable and immune to manipulation.
The casino is already generating revenue, with hundreds of new users signing up every day. Rollblock lowers entry barriers and enhances anonymity by eliminating KYC verification. Users can begin playing one of the 150+ games immediately just by connecting their wallet.
Rollblock separates itself from the competition with its unique revenue-share mechanism offering some of the highest APY on the market. Up to 30% of the casino’s weekly revenue will be reinvested to buy back RBLK tokens. 50% of the tokens will be distributed to holders as staking rewards. The other 50% will be burned, creating a supply shock that will allow the RBLK price to increase exponentially as the cycle progresses.
Analysts predict a potential 100x price multiplier as the GambleFi narrative gains traction. Stage 4 of the presale just sold out, and stage 5 is currently underway. An 800% increase is expected by the end of the presale alone. Right now, the price of RBLK is $0.02. Investors who capitalize early on this opportunity could see amazing gains by the end of 2024!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
