In the fast-paced cryptocurrency market, three top altcoins have been making waves: Rollblock(RBLK), Dogecoin (DOGE), and Pepe (PEPE). RBLK has been trending for unveiling a hybrid GambleFi protocol, while the return of the GameStop trader has caused a spike in the meme coin market, with PEPE and DOGE being the two biggest beneficiaries.
Rollblock Reveals Futuristic GambleFi Protocol
Rollblock (RBLK) is a new project that has been gaining traction following its unveiling of a unique new GamleFi protocol. Rollblock is considered to be one of the most promising DeFi projects of 2024 since its protocol was designed specifically to solve the long-term problems that have lingered in the $450 billion gambling industry.
Blockchain technology helps Rollblock fuse the best qualities of the traditional casino world with decentralization, security, and autonomy. Thus, the GambleFi protocol of Rollblockoperates a fair and trustless model where the players are guaranteed the entire process of gambling and casino games.
Rollblock also stands out from other DeFi projects in its earning opportunities. In addition to offering over 150 high-payout casino games, Rollblock offers additional passive income opportunities. Rollblock has a unique revenue sharing model, whereby it will use up to 30% of the casinos revenue to buy back RBLK tokens from the open market. Half of these tokens will be burned from the supply forever, the other half will be used for staking rewards offering holders some of the most lucrative passive income opportunities in the space.The casino is fully licensed and already operational with hundreds of casino classics available to play 24/7.
The exciting features of Rollblock position it as one of the best coins to invest in. The crypto community feels the same way, with over 26 Million RBLK tokens sold off in the first few days of its presale. While RBLK is currently trading at $0.012 in its second stage, investors are optimistic that the revolutionary features of the platform could cause the token to spike as high as $5 in 2024.
Dogecoin Price Rallies Above $0.1500 Could Form Golden Cross
The popular GameStop stock trader Keith Gill, who inspired the meme coin market rally of January 2021, tweeted for the first time since 2021, sparking a Dogecoin (DOGE) rally. While the reappearance of Gill sparked an uptrend for many top altcoins, Dogecoin was more significant as it recovered above a key support level at $0.1500.
According to analysis, the DOGE meme coin is on the verge of forming a golden cross (50-week SMA crossing above the 200-week SMA). The last time this bullish pattern was formed, the price of Dogecoin surged by more than 8,000% in 2021. With a potential repeat of this feat happening in the next few weeks, the buzz around Dogecoin has been growing.
Pepe (PEPE) Soars To New All-Time High, Maintains Bullish Momentum
Pepe (PEPE) has been trending for the same reason as DOGE. However, it has notched even bigger gains. The price of the meme coin caught the eye of investors after skyrocketing by more than 100% over the last 30 days to set a new all-time high of $0.00001119.
The Pepe coin has still been able to maintain its bullish momentum, hinting that the uptrend could continue, potentially forming a new ATH. The bullish trend of PEPE has been confirmed by the MACD indicator, which suggests that Pepe could target $0.00002000 in May.
Summary
The return of the GameStop trader has rekindled the bullish momentum in the meme market. While Pepe has surged to a new ATH, Dogecoin is closing in on a potentially parabolic bullish pattern. Amidst this trend, Rollblock still stands out with its unique platform that could revolutionize a massive industry. This use also gives it sustainability, which other meme coins lack, making it one of the best coins to invest in now.
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