Dogecoin and Shiba Inu saw significant gains during the post-election rally, but both tokens are now seeing significant drops in network activity.
In the meantime, Roller blockThe viral crypto casino is still attracting investors since the price of the token has already jumped 260% during stage 8 of its presale.
Dogecoin (DOGE) faces correction after massive 200% post-election rally
Dogecoin price increased by 191% following Trump’s victory in the US presidential elections. Since Trump also announced the creation of a new Department of Government Efficiency or “DOGE,” Dogecoin has seen massive inflows. Even though investors were optimistic that Dogecoin hit $1 in November, Dogecoin price is now facing a minor correction.
Dogecoin is currently trading at $0.3679 after an intraday decline of 6.92%. Dogecoin volume has also fallen 23.62% over the past 24 hours as post-election buying pressure begins to ease. Although Dogecoin’s Momentum indicator suggests bearish dominance on the DOGE/USDT daily chart, Dogecoin is still trading above all of its simple moving averages. If buying pressure resumes, Dogecoin could soon test the nearest resistance at $0.3923.
Shiba Inu (SHIB) Investors Show Signs of Cautious Community Sentiment
The Shiba Inu price has surged 27.70% over the past seven days, but supporters believe the Shiba Inu will likely face a correction soon. Since Shiba Inu is forming a rotating bottom on its daily chart, investors seem to be showing some hesitation towards the token. As the rotating bottom trend suggests that last week’s bullish momentum is not sustainable in the long term, Shiba Inu may soon face strong selling pressure.
Shiba Inu is currently trading at $0.00002425 after an intraday decline of 3.50%. Shiba Inu volume also dropped by 37.15% in the last 24 hours, which generally indicates low network activity. If Shiba Inu investors start taking profits before the token experiences steeper declines, Shiba Inu price could return to pre-rally levels before the end of November.
Rollblock (RBLK) Attracts Meme Coin Investors With Attractive Revenue Sharing Model
Rollblock has just entered the eighth stage of its viral presale which has already raised more than $5.26 million in record time. As Rollblock continues to dominate the $500 billion-a-year global gaming market, crypto stalwarts expect Rollblock’s native $RBLK token to surge nearly 880% ahead of the token’s official launch.
The reason Rollblock is making waves is the platform’s commitment to providing the fairest gaming experience on the market. Every transaction and bet placed on Rollblock is built on the immutable Ethereum blockchain which provides users with a hassle-free, immutable and fully traceable gaming experience. To make things even better, Rollblock offers a huge library of over 7,000 games based on the latest AI and Web3 technologies. Since players don’t need an active opponent to play, they can enjoy their favorite games anytime and anywhere!
As traders play and win games, they can accumulate more $RBLK tokens which can be staked for weekly passive income. Through Rollblock’s revenue sharing system, traders can become long-term liquidity providers in the ecosystem and earn staking rewards of up to 30% APY. To make things even better, Rollblock is currently offering a 50% purchase bonus for a limited time to all new pre-sale buyers.
Given these features, it’s no surprise that the price of the Rollblock has already seen a massive 260% increase since its initial pre-sale phase. With many crypto enthusiasts predicting 100x gains for RBLK on launch day, this could be the perfect time to add Rollblock to your portfolio before prices skyrocket!
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://rollblockpresale.io/
Social networks: https://linktr.ee/rollblockcasino
This is a sponsored post. The opinions expressed are solely those of the sponsor and readers should conduct due diligence before taking any action based on the information presented in this article.