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Crypto Daily 2025-02-28 12:57:41

Dogecoin Price Loses Crucial Support As Memecoins Continue To See Struggles

The Dogecoin price keeps tanking as meme coins bear the brunt of the market-wide disruption fueled by growing uncertainty amid rising fears of an all-out trade war between the US and China. The decline of meme coins has prompted veteran investors to focus their attention on utility-driven projects that have just started gaining traction, with one of the most glaring examples being Rollblock (RBLK). Rollblock is a new entry in the crypto gaming space that has already started making waves with its revolutionary GameFi platform. With nearly $11 million raised in its viral presale and over 45,000 early bidders onboarded, this outlier could soon become one of the hottest plays of 2025. How Rollblock Could Change Crypto Gaming Forever Ethereum-based GameFi protocol Rollblock could be the game-changer that redefines the entire online gaming industry, capturing a large portion of its $450 billion in annual revenue. Rollblock’s cutting-edge framework brings into the homes and phones of its users a high-end experience secured by the transparency and immutability of blockchain technology. Upon arrival, a massive gaming catalog awaits players, including over 7,000 titles designed by industry-leading developers. From classics such as blackjack and poker to live games and AI-driven games, Rollblock has it all. Furthermore, sports lovers will be excited to learn that Rollblock also boasts a sports betting feature that covers all major tournaments and events. The RBLK token powers the generous revenue-sharing system that will see users earn some of the highest APY on the market. Every week, Rollblock will spend up to 30% of the generated revenue to repurchase RBLK on the open market. Of this amount, 40% goes to holders as recurring staking rewards, while the remaining 60% will be automatically burned, creating the ideal deflationary environment for sustainable, scarcity-driven growth. The Dogecoin Price Could Rebound If Buyers Regain Control The Dogecoin price breached the $0.22 support level after a prolonged correction, and it’s currently trading at $0.20, following a 16.6% weekly decrease. On the other hand, the consensus among analysts is that the Dogecoin bottom is in, and further declines are unlikely. Crypto expert AlienOvichO recently shared a Dogecoin chart reading showing that its price is tapping into a high-demand zone. From here, Dogecoin could soon see a short-term rebound and possibly surge above the $0.28 resistance, but for this to happen, buying pressure needs to ramp up. Trader Tardigrade agrees with this thesis, as he draws attention to Dogecoin’s price action on a multi-year time frame. He highlights Dogecoin’s performance during past cycles and contends that DOGE is currently at a pivotal point from where a major reversal could take place, followed by a surge toward new heights, with the first major target being the reclaim of the $0.73 all-time high. Meanwhile, according to Coinalyze data , Dogecoin’s long-to-short ratio is now sitting at 3.1, with over 75% of positions being longs, which highlight the return of a cautiously bullish sentiment among traders. The RBLK Presale Is In Full Swing. Join Now Before The Next Price Jump In the 10th stage of its presale, RBLK tokens are selling for just $0.06. This is an ideal entry point for early buyers who want to join the Rollblock GameFi revolution, as by the end of the presale, the price is expected to surge by at least 800%. However, this is just the start of the Rollblock arc. Once the tokens hit the market listings on major exchanges are finalized, a 100x rally could be on the cards as the cycle progresses. In addition to this, for a limited time, RBLK is available with a 50% bonus on all purchases, providing a great incentive to get involved today! Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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