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Ethereum and Dogecoin face challenges, while Rollblock flourishes with a 200% presale jump, presenting a distinctive revenue-sharing model.
Ethereum’s price and Dogecoin have experienced lackluster price movements for an extended period. To make matters worse, these established cryptocurrencies provide no revenue-sharing opportunities, leaving holders to endure the full impact of the ongoing downturn.
This is why Rollblock (RBLK), the first community-supported GambleFi protocol in the world, is overshadowing both Ethereum’s price and Dogecoin even prior to its launch with an innovative revenue-sharing scheme.
While ETH and DOGE are lingering with minimal yearly returns, early supporters of RBLK have already experienced a remarkable 200% price surge in presale, as analysts forecast potential gains of 100x.
Ethereum’s price struggles to surpass the $2.7k resistance
In the past three weeks, Ethereum’s price has rallied from $2.1k, challenging the $2.7k resistance zone. At the time of writing, ETH had climbed over 7% weekly, exceeding the 50-day EMA for the first time since July.
However, in recent days, traders have begun to take profits, leading to a correction in the $2.6 range. Should ETH fail to maintain its position above the 50 EMA on the daily chart, it might face another drop toward the $2.5k support level.
Although ETH has practical applications in on-chain activities and token transfers, high gas fees and sluggish transaction speeds have diminished investor confidence in its long-term value proposition.
Dogecoin rises 7% monthly
Similarly to Ethereum, DOGE has experienced an uptick, increasing from its $0.08 low in August to around $0.11, marking a 7% monthly rise. This is accompanied by a surge in DOGE’s trading volume and growing Open Interest (OP), indicating a wave of new investors.
Despite the current positive sentiment and outlook, DOGE faces significant resistance at the 50-day weekly EMA near the $0.1138 level, which coincides with the price where traders took profits in August, causing a drop to $0.088.
If DOGE cannot break through and stay above the weekly EMA, it may experience a decline toward support levels around the $0.1 zone as investors flock to RBLK for passive income and revenue-sharing advantages.
Rollblock eclipses Ethereum price with a 200% increase
Rollblock has established a groundbreaking AI-driven GambleFi ecosystem designed to resolve fairness and trust issues that afflict traditional online gambling. Inflexible and unchangeable blockchain transactions make it unfeasible to modify bets once placed, thereby enhancing transparency and reliability in casino gaming.
What makes Rollblock particularly appealing to investors is its capacity to integrate passive economic benefits into its fair gaming framework via the RBLK token, allowing both players and investors to partake in the $540 billion gambling industry. Anyone can join in Rollblock’s success and earn a share by holding the platform’s native token.
A lucrative revenue-sharing system enables token holders to receive a segment of the casino revenues through weekly distributions and staking rewards, while RBLK tokens also function as incentives for player engagement.
Excitement among players and investors regarding Rollblock’s superior gaming experience is evident as the ICO attracts over $3.9 million, driving the RBLK price up 200% to $0.03 in stage 7. Analysts anticipate returns of 100x upon launch.
For further details, visit the Rollblock presale website or join the online community.
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