Recently, Dogecoin has reasserted itself as king of the meme coins, with an astonishing return to bullish momentum. Meanwhile, a broader shift is underway as crypto investors favor projects with more consistent utility such as the exchange giant Binance Coin and the upstart gaming token Rollblock ($RBLK), which is set to deliver runaway 50x growth as it hits mainstream adoption next year.
Dogecoin ($DOGE) Learning New Tricks On X?
Dogecoin has fallen by 4.3% in the 24 hours to reach $0.39. In the past week, Dogecoin has lost over 6% – a natural consequence of its incredible recent rise and nothing for Dogecoin holders to be concerned about. In the past month, Dogecoin investors have found their portfolios to have risen more than 80% as DOGE has confirmed its place as the largest meme coin in the entire market.
Elon Musk recently hinted that Dogecoin would feature as part of his forthcoming payments network on the X platform. Whether he is being entirely serious remains to be seen, although Dogecoin traders have been entering the market in droves each time Musk tweets out a viral Dogecoin meme to his millions of followers.
Binance Coin ($BNB) Loses The $700 Level As Sellers Step In
Binance Coin remains the dominant exchange token in the space and has defended its position as the sixth-largest crypto asset in the entire market. The Binance Coin price has been volatile lately, after facing immense selling pressure above $700. Currently, the Binance Coin price is finding support at $679, following a 5% weekly candle and an even more bullish 8% rise this month.
If Binance Coin drops below support at $637, then a retest of the $600 level looks increasingly likely. Buying pressure has been incredibly strong lately on the Binance Coin chain, meaning that Binance Coin is more likely to see a return to $700 in the weeks ahead. Binance remains the world’s largest cryptocurrency exchange, a supremacy that doesn’t look to be challenged anytime soon.
Rollblock ($RBLK) Gives Hodlers Regular Benefits As Sports Betting Brings A Fresh Angle
In stark contrast to the purely speculative world of meme coin investing, Rollblock ($RBLK) offers a captivating level of utility as it seeks to disrupt the enormous $450 billion gambling sector with its innovative blockchain practices. No manipulation can ever take place on Rollblock’s books, as now gamers can verify everything is fully above board.
More than 7,000 Rollblock games are already live on the platform and generating incredible revenue for this fledgling GambleFi startup. In addition, the Rollblock sports betting feature has also recently gone live to enable sports fans the chance to win huge amounts of $RBLK with the accuracy of their sporting predictions. This will open up whole new markets of betting across golf, soccer, and Formula 1 racing, to name but a few.
Each week, the Rollblock community benefits from regular token burns, as Rollblock revenue is used to reinvest in the $RBLK token. 60% of these purchases are immediately burned, while the remaining 40% benefit committed holders of the token through generous staking rewards.
The last thing that holders will want to do is sell the $RBLK token, leading many experts to predict incredible upside potential from the current bargain floor of $0.041.
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