Analysts claim this altcoin is poised to outperform ETH, DOGE
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum and Dogecoin falter, Rollblock emerges as the leading altcoin for investors, poised for a huge surge in the GambleFi sector. Ethereum and Dogecoin were once among the top-performing crypto tokens of 2021. But those days are long gone. They have already been eclipsed by newer projects with parabolic growth potential like Rollblock, a rising GambleFi presale investment opportunity positioned for a 100x surge. Ethereum continues moribund price action Analysts were bullish about Ethereum’s prospects after the first spot ETFs were launched in July. However, ETF outflows over the past week indicate whales selling off their sizable ETH holdings. Ethereum has lost 40% of its value since the ETFs first launched, while ETH bulls have failed to arrest the token’s 18% loss in the past month. Ethereum currently trades in the $2,750 range, with prices faltering vis-a-vis Bitcoin as the latter retakes the key resistance level of $63,000. Dogecoin’s fortunes are fading fast Dogecoin was a revelation during the 2021 bull run. But fast forward to today, DOGE has lost a shocking amount of traction among retail and institutional investors. Despite Elon Musk’s futile attempts at shilling the dog-themed meme coin, retail investors are opting to chase memecoin pumps on Solana, while institutions are investing in utility-focused projects. Dogecoin is stuck on a negative trend, with prices still down 22% in the past month as it fails to break out of the $0.10 range where it trades as at press time. Rollblock makes waves among the top-performing crypto presales It’s unreasonable to expect ETH or DOGE to recreate their meteoric charts and land among the top-performing crypto projects of the year. Instead, a new opportunity is the newly…
Filed under: News - @ August 28, 2024 12:22 pm