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Blockchain Reporter

09/05/2024

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Dogecoin Slides Another 10% in a Week Alongside Cardano, Investors Continue Hedge Volatility with This Altcoin

Once more, the bear market flexes its muscle as Cardano (ADA) tumbles 10% this week to match Dogecoin’s hibernation. While all this is going on, certain investors are upping the ante with top altcoins like...

Dogecoin Slides Another 10% in a Week Alongside Cardano, Investors Continue Hedge Volatility with This Altcoin

rollblock

Once more, the bear market flexes its muscle as Cardano (ADA) tumbles 10% this week to match Dogecoin’s hibernation. While all this is going on, certain investors are upping the ante with top altcoins like Rollblock against the DOGE and ADA unpredictability. 

This rising star in the GambleFi sector is attracting quite an interest among its peers as a more stable investment option against the otherwise headstrong market.

Dogecoin (DOGE) Continues Moving Along a Downtrend

Dogecoin (DOGE) was once one of those high-flying meme coins with a great deal of community hype, but its market capitalization has fallen over 13.2% in the last month. The weekly loss is around 10% as DOGE changes hands at $0.09777.

In the past 30 days, DOGE has tallied 12 green days and is expected to decrease by 13.77%. The price volatility of Dogecoin stands at a relatively modest value of 4.19%. Meanwhile, DOGE’s 50-day SMA is below its 200-day SMA, indicating that the token continues to remain in a bearish cycle.

Cardano (ADA) Falls Off The Top Ten List

It has been a rough week for Cardano (ADA) as it lost over 10.39% in value after the continued fight against poor interest and stiff competition in the crypto space bites. The loss has pushed ADA from the top ten, with a market capitalization of around $11.9 billion.

Furthermore, the sentiment in the Cardano price prediction is currently bearish, with a Fear & Greed Index of 26 showing Fear. ADA token holders are concerned about the Cardano price trajectory as the token has a 0.9 correlation index with Bitcoin.

Rollblock Leads Top Altcoins Following News of Revenue Model

This has sent token holders scrambling to Rollblock amid the mass ADA and DOGE outflows. Boasting its one-of-a-kind revenue share model, the GambleFi pioneer pays token holders dividends every week simply for holding the $RBLK token. Common in traditional investing, this model is a rare gem among crypto and makes Rollblock the number one investment opportunity.

Investors are treated as the backbone for any successful project at Rollblock, and rewarding them is of prime importance. However, the appeal of Rollblock goes way beyond its revenue share model. Probably one of the most appealing features of Rollblock is its no-KYC approach, which lets users engage without going through an identity verification process. This has opened up its vista, attracting people from every part of the world.

Having a large library of games ranging from classical casino titles to unique Web3 experiences, Rollblock is going to take the lion’s share in the multi-billion-dollar gambling industry. Its play-to-earn gaming platform means a punter can enjoy playing their favorite games and earn $RBLK tokens.

Currently in stage 6 of its crypto presale, crypto analysts believe the token for Rollblock could surge by as much as 800% upon its official launch. Priced at $0.024 apiece, Rollblock offers a very unique opportunity to profit.

Conclusion

Investors are increasingly turning to Rollblock, predicted to rise 100x this year, while tokens like DOGE and ADA just can’t keep their heads above water. Due to its revenue share model and the possible high returns, it’s a go-to for people seeking highly considerable gains.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino

Josh

Josh Fernandez is a prominent figure in the world of cryptocurrency, widely recognized for his insightful and comprehensive writing on the subject. As a seasoned crypto writer, he brings a wealth of knowledge and expertise to his work, making complex concepts accessible to a broad audience.

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