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Dogecoin and Shiba Inu Investors Turn to Rollblock After Memecoin Mania Fades

Aug 14, 2024
  1. Dogecoin Defends Key $0.10 Level
  2. Shiba Inu Sees Volume Surge Amid Price Drop
  3. Interest in Rollblock Grows Due to Massive Giveaway

The fading interest in memecoins such as Dogecoin and Shiba Inu has led investors to focus on the new pre-sale gaming token Rollblock, which promises significant returns.

Dogecoin Defends Key $0.10 Level

Dogecoin (DOGE) has been highly volatile in recent weeks as it attempts to stay above the key $0.10 support level. This psychological level is crucial for token holders. Dogecoin has had a strong year, rising more than 19% year-to-date, with its current price at $0.10. Analysts anticipate resistance as it tries to return to the yearly high of $0.22, and the token may face significant selling pressure in the short term, making it a somewhat risky investment.

Shiba Inu Sees Volume Surge Amid Price Drop

Shiba Inu (SHIB) has experienced significant selling pressure, dropping more than 5% to $0.0000137. However, its 24-hour trading volume has increased by 46% to $220 million, indicating a renewed interest in trading the token. In the coming days, the price may return to the next resistance level at $0.0000163. This increase in confidence may be tied to a recent Shiba Inu token burn. Holders of Shiba Inu have had a challenging year, down 40% over the last three months alone.

Interest in Rollblock Grows Due to Massive Giveaway

The Rollblock (RBLK) pre-sale is gaining attention due to a promotion offering to double users' first deposits on the platform. The pre-sale has attracted over $2 million, with thousands of investors eager to participate in this promising project. Rollblock records all financial transactions on the Ethereum blockchain, eliminating the risk of data tampering and ensuring fair play. Fully regulated and audited by Solid Proof and Gaming Curacao, Rollblock is set to disrupt the $450 billion online gambling market. The platform's registration is straightforward, avoiding invasive KYC procedures, and RBLK token holders can expect significant returns through a unique revenue-sharing scheme.

The decline in memecoin interest has driven investors to seek new opportunities like Rollblock. Despite their volatility, Dogecoin and Shiba Inu remain significant players in the crypto market, but their traders are now looking toward promising new projects.

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