Can Dogecoin Break $1? Here’s how this market cycle could push DOGE to new highs

With less than a day until Donald Trump’s inauguration and Elon Musk’s appointment as head of the Department of Government Efficiency (DOGE), Dogecoin could be on the precipice of a legendary run. The signs are already on the chart, the current price structure is reminiscent of that which preceded Dogecoin’s memorable run in 2021. With the arrival of these major bullish catalysts, analysts expect Dogecoin to lead the coin’s resurgence memes and hits the coveted $1 mark as early as February.

Dogecoin Cools Down After Green Week

Dogecoin has slipped 8.5% over the past day and is currently selling for $0.35. Over the past week, Dogecoin has surged over 9%, however, selling pressure intensified right at the 0.41 resistance level, forcing a sudden retracement. While at the macro level the Dogecoin chart shows a series of higher lows, suggesting upward price action, these pockets of turbulence are delaying its almost inevitable surge.

However, as Donald Trump prepares to become the 47th President of the United States, analysts believe that Dogecoin will see another surge in purchasing activity coinciding with the DOGE agency going live. Furthermore, speculation is circulating regarding Elon Musk’s intention to integrate Dogecoin as a payment option on X.

If this happens, Dogecoin adoption will reach unprecedented levels, and savvy investors are already positioning themselves. Meanwhile, whales have bought every drop in Dogecoin over the past month. Most recently, they recovered over 200 million Doges, bringing their total assets to 23.03 billion.

On the other hand, with its market cap of $50 billion, Dogecoin has already reached the point of diminishing returns. While analysts expect Dogecoin to see a 3-10x price multiplier at the height of the bull run, newer, utility-focused plays that are still flying under the radar could generate significantly gains. higher.

One such project is Web3 Casino Rollblock, which is constantly making waves on social media and has attracted over 40,000 early adopters. Find out why this newcomer could become the next 100x gem and eclipse Dogecoin along the way.

Rollblock rewrites the online casino script

Bearing Block (RBLK) aims to revolutionize the $450 billion gaming industry with its cutting-edge GambleFi platform that leverages the security and transparency of blockchain technology. On top of this, Rollblock benefits from a license from Anjouan Gaming and a full audit from Solid Proof, solidifying its commitment to maintaining user trust and ensuring a safe gaming environment.

Rollblock stands out with its extensive library of over 7,000 games and a brand new sports betting platform that will allow players to bet on their favorite sporting events and championships.

Thanks to Rollblock’s innovative revenue sharing mechanism, users will be able to earn passive income while enjoying their favorite games. Up to 30% of Rollblock’s revenue is reinvested in the open market buyback of RBLK tokens. 60% of these tokens will then be burned to increase scarcity, while the remaining 40% will be redistributed to holders in the form of recurring staking rewards.

Stage 9 of the presale is almost sold out and RBLK tokens are selling at a discount for just $0.046. It is still a perfect entry point for early investors who want to capitalize on the Rollblock revolution. With an 800% gathering just around the corner and 100x Moonshot due after launch, there’s never been a better time to get involved!

Discover the exciting opportunities of the Rollblock (RBLK) presale today!