The Shiba Inu ecosystem has seen impressive whale activity after the token burn rate reached almost 100% on Christmas Day. Solana was also starting to show signs of a resurgence as analysts made optimistic predictions of a massive rally. However, SOL and SHIB are back on their downtrend, forcing investors to shift their investments towards more explosive DeFi altcoins like Bearing block.
Rollblock (RBLK) Earns Investor Trust by Revolutionizing GameFi with Disruptive Blockchain Technology
Rollblock leverages the $500 billion-a-year global gaming industry by combining decentralized and centralized gaming experiences. Built on the latest blockchain technology, Rollblock’s GameFi ecosystem aims to restore trust in the iGaming space.
Rollblock has already raised over $7.74 million thanks to its innovative approach allowing users to play like home. While traditional iGaming platforms always have centralized governance, the decentralized nature of Rollblock places all the power in the hands of the players. Rollblock offers over 7,000 AI-powered games, with each bet automatically encrypted on the Ethereum blockchain. Sports betting has also been added to Rollblock’s gaming ecosystem, allowing players to place high-stakes bets on the biggest international sports leagues.
User security is Rollblock’s top priority since the platform has already obtained an e-gaming license from Gaming Anjouan. Rollblock also ensures security by processing all transactions through a smart contract fully audited by SolidProof.
Analysts expect a 100x rally once $RBLK hits the markets, while the price of the token has already increased by over 350% during the initial pre-sale stages. With this in mind, market experts predict a further rise in January.
Shiba Inu shows sharp decline despite 100% increase in burn rate
Shiba Inu’s burn rate soared nearly 100% on Christmas Day, removing 6.26 million SHIB tokens from circulation. Shiba Inu also saw impressive whale activity, as 2.88 trillion SHIBs worth $65.7 million were accumulated in the last 24 hours. Additionally, just recently, Shiba Inu launched “SHIB: The Metaverse” in collaboration with Chainlink, with the aim of asserting the Shiba Inu brand in the crypto gaming landscape.
Despite these optimistic measures, the price of Shiba Inu fails to regain strength. Shiba Inu is currently trading at $0.00002174 after an intraday decline of 4.30%, and the 24-hour trading volume has also declined by 15.13%, suggesting low investor participation. If volatility persists, analysts expect Shiba Inu price to collapse towards S2 support at $0.00001019 in early 2025.
Solana fails to regain momentum
As Solana continues to stagnate, investors are questioning its growth potential in 2025. Solana has been consolidating lower levels over the past month. However, it recovered some of the losses earlier this week. Despite the excitement surrounding a possible SOL ETF in 2025, Solana’s price is failing to maintain a stable trajectory.
Solana is currently trading at $193.30 after an intraday rise of 4.26%. Solana’s trading volume decreased by 27.41% in the last 24 hours, signaling some loss of investor interest. Solana’s RSI is steadily declining and its MACD confirms the downtrend. If Solana continues to trade under bearish pressure, the token’s price may soon collapse to the $173.62 support.
SHIB and SOL investors transfer money to Rollblock’s explosive GameFi project
As Shiba Inu and Solana continue to record lows, savvy traders are redirecting their money towards Rollblock’s explosive presale. $RBLK tokens are currently selling for just $0.044 each, with analysts forecasting up to 880% gains for first investors by the end of the Rollblock pre-sale stages.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
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