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Top Analyst Analyzes New Crypto, Suggesting a Possible End to Binance Coin and Dogecoin’s Reign
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Binance token and Dogecoin’s dominance could come to an end amid recent price uncertainty. Investors look for promising alternatives like Rollblock
The most popular cryptocurrencies such as Binance (BNB) and Dogecoin (DOGE) have been enjoying their reign in their respective niches, with both still maintaining a solid position in the top 10 cryptocurrencies ranked by market cap. However, after a month of uncertainty, both cryptocurrencies have struggled to keep up with the uptrend. Although this long period of stagnation raises doubts, the main market analysts are looking elsewhere. Rollblock (RBLK) shine among various options, especially for its unique and upcoming GambleFi protocol, which aims to bridge the gap between decentralized and centralized gaming.
Binance Faces Resistance Below $600 Price Mark
Last month was a rollercoaster for many cryptocurrencies as most struggled to maintain a positive trajectory despite the expected bull run associated with the Bitcoin halving. In particular, Binance has generally traded within a static range over the past month.
Despite reaching a high price of $626 and a low of $517, BNB’s native token traded within a tight monthly price range from $587 and $592 last month, reflecting just a 1% increase in value during the period. Although the Binance token maintains a superior position in the crypto market, it has been on a recovery journey mainly in the last month.
Dogecoin still fell 18% last month
After an unfortunate month-long price movement, Dogecoin staged a recovery last week after recording a nearly 14% increase in value while trading within a price range of $0.14 and $0.16 . Compared to the monthly price chart, the price of Dogecoin is still down almost 19%, which suggests that the recovery is still underway.
Meanwhile, Dogecoin still maintains a leading position among the top memecoins by market cap, boasting over $22.9 billion in market cap and $1.6 billion in trading volume. These numbers indicate an increase in demand for the native DOGE token, reaffirming its status among the current ranking cryptocurrencies.
Rollblock’s GambleFi Ecosystem to Disrupt the Multibillion-Dollar Gambling Industry
The crypto industry is a minefield of endless possibilities, evident in Rollblock (RBLK) debuts on the market as a GambleFi protocol. As a leader in this new niche, Rollblock aims to bridge the gap between centralized and decentralized gaming, offering the best attributes of both worlds.
While the Rollback ecosystem offers many exciting features, its unique revenue sharing model is a point of attraction. Notably, Rollblock, a community-backed crypto-casino, allocates a portion of its revenue to token holders. In addition to providing passive income for token holders, this unique approach aims to revolutionize the gaming landscape and casino market.
Some casinos, both online and offline, lack transparency when dealing with players. However, to resolve this, Rollblock adopts blockchain technology to ensure that each transaction is permanent and immutable, making it impossible to change bets once placed on the platform. By addressing key concerns around fairness and trust issues that have plagued traditional online gambling, Rollblock is able to solidify its position among cryptocurrencies that are gaining momentum.
With Rollblock casino already up and running, interested participants can equally participate in the ongoing pre-sale campaign and enter the $450 billion gambling industry. Currently in stage 1 of 7, the native token RBLK is selling for $0.01, projected to increase 10x by the end of the campaign. Meanwhile, the good part about playing at Rollblock casino is that users can play completely anonymously with no KYC requirements.
To find out more about Rollblock, visit website or join the social media community.
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