Bitcoin and Shiba Inu are both experiencing huge upticks in demand this week, but Rollblock’s presale has already rallied to a new all-time high. Amidst this bullish market, can Rollblock’s viral DeFi altcoin surpass BTC and SHIB?
Bitcoin (BTC) on a Bullish Rally After Fed Rate Cut
The US Federal Reserve just approved a 50-point cut in interest rates, and Bitcoin’s price immediately picked up bullish momentum. In the last seven days, Bitcoin’s value has jumped 9.72%, which suggests a significant increase in Bitcoin’s demand. Even the total Bitcoin reserves held by Bitcoin’s US ETFs rose to $50.67 billion this week, pointing towards a massive Bitcoin rally in upcoming weeks.
For now, Bitcoin is trading at $63,507.73 after a 0.98% intra-day surge. On the daily chart, Bitcoin’s MACD has formed a bullish crossover with the signal line, meaning Bitcoin could test the $65,379 resistance soon. Surpassing this level could mean a new all-time high above $70,000 for Bitcoin in Q4.
Shiba Inu (SHIB) Breaks Out of Symmetrical Triangle
Shiba Inu broke above a symmetrical triangle trading pattern yesterday, signaling a significant increase in Shiba Inu’s demand. As more traders rush to Shiba Inu, Shiba Inu’s new transactions have already surged by nearly 270% this week. Shiba Inu is currently trading for $0.00001439 with a 1.32% intra-day increase.
Even Shiba Inu’s technical indicators are supporting the current bullish outlook. Shiba Inu’s MACD is forming a bullish crossover with the signal line on the daily chart, reflecting the upward momentum in Shiba Inu price. If an aggressive bullish rally takes place, Shiba Inu could climb to the $0.000020 resistance in the upcoming weeks.
Rollblock ($RBLK) Captures BTC and SHIB Investors with New GambleFi Protocol
While tokens like Bitcoin and Shiba Inu are still victims of volatile market forces, Rollblock’s explosive presale and deflationary tokenomics only set this new DeFi altcoin up for success. Within a few months of launch, Rollblock has already raised over $3.7 million with its revolutionary casino. As the GambleFi sector gains traction across the crypto market, Rollblock is expected to capture a huge market share, making it the next big crypto with a massive 100x potential.
While traditional online casinos have several barriers to entry, Rollblock makes iGambling much simpler with its no-KYC policy. New traders can sign up by connecting their wallets and depositing any cryptocurrency of their choice to gain instant access to over 7,000 AI-powered games.
Aside from the casino itself, Rollblock’s native $RBLK is attracting savvy traders due to the long-term sustainability and utility it offers. Instead of only using $RBLK for in-game payouts, Rollblock also offers staking rewards to long-term holders. Through a unique revenue-sharing mechanism, Rollblock shares up to 30% of its weekly casino revenue with the community by repurchasing tokens on the open market and distributing half as rewards. By burning the remaining half forever, Rollblock ensures that the token’s price remains strictly deflationary over time.
Since Rollblock’s price has already rallied 170% since the start of its presale, analysts are projecting a total of 800% gains for Rollblock ahead of its official launch. For now, Rollblock’s sixth presale stage is nearly sold out, with tokens selling exclusively on the website for only $0.027 each.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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