The post Not Even Musk and Tesla Payments Can Save Dogecoin Now, DOGE and SHIB See Huge Drops; Investors Hedging With New Altcoin appeared on BitcoinEthereumNews.com.

Dogecoin and Shiba Inu have taken a nosedive, with even Elon Musk and Tesla payments unable to halt the decline. As investors look for safer bets, a new altcoin is capturing attention.  Rollblock, currently in its 6th presale stage, is trading at $0.025 and has already raised over $3 million. Experts are tipping Rollblock to surge 100x in 2024, making it a prime candidate for those looking to hedge their bets. But what’s fueling this optimism?  Let’s dive into why Rollblock is generating such excitement. Even Dogecoin can’t keep up with the Musk hype—Is the Doge Days era over? Even though Elon Musk has praised it recently and Tesla even accepted payment in Dogecoin, this digital currency is going through hard times. Last week, Dogecoin had much price change, staying between $0.096 and $0.102. As of the time of writing, DOGE is at $0.09863, with a rise of 1.91%, but was down 1.05% over the whole week. Perhaps the downturn in Doge’s price signals that even Musk’s word may not be enough to overcome the broader market downturn. With a market cap of $14.369 billion, Dogecoin is still a market giant. But Elon Musk Mania may not be enough to keep Dogecoin high for long. Shiba Inu’s dog days: SHIB holders chase elusive gains as hope fades The Shiba Inu coin price has also been having a hard time lately. It has been stuck in a consolidation phase since August. Even though SHIB has tried many times to break free, it has stayed under pressure and hasn’t been able to set a clear upward path.  Because SHIB’s price can’t get out of this range, buyers are wary because market factors have a lot to do with it. The market sentiment for the Shiba Inu coin price has clearly gone down,…

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Filed under: News - @ September 7, 2024 9:19 am