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Crypto Daily 2025-02-16 12:56:36

Dogecoin Price Prediction: Will DOGE Bounce Back As The Market Recovers? ETH Whales Continue To Support RBLK

Dogecoin has regained momentum following the SEC’s acceptance of Grayscale’s Dogecoin ETF application. However, despite the excitement, many Ethereum whales are shifting their focus to Rollblock, a rising GameFi protocol with massive potential. Rollblock is designed to reshape the $450 billion gaming industry using blockchain technology. The protocol eliminates fraud and scams, creating a secure and transparent gaming experience. Having already raised over $10.5 million, experts believe it could become the top presale of 2025. Here’s why. Rollblock Raised $10.5 Million With Gaming Revolution Rollblock is becoming one of the most exciting presales of 2025. Its GambleFi protocol has already attracted over 50,000 users and its utility token, RBLK, has increased in value by 450%. Priced at only $0.055, analysts believe the token could reach $1 in the coming months. Rollblock’s approach to gaming drives this massive success. The protocol offers more than 7,000 AI-powered games directly on the Ethereum blockchain. This means every outcome of every game played is registered and encrypted on-chain. The same goes for live dealers and the newly introduced sports betting option. Rollblock operates under a full license from the Anjouan Gaming Authority to reinforce its credibility. It has also successfully passed a SolidProof audit, confirming the integrity of its smart contracts. The project’s rapid growth reflects its strong market demand. Rollblock saw a 600% surge in signups in December alone. It also registered over $1.75 million in wagers placed. Powering this whole ecosystem is RBLK, the native utility token. Players can use RBLK to pay transaction fees, participate in governance, and earn staking rewards. The token’s deflationary tokenomics further drive long term returns. The protocol uses up to 30% of its revenue to buy RBLK from exchanges. 60% of these tokens are burned to increase scarcity, while 40% of tokens are used for staking rewards. Thus allowing holders to build a passive income. The SEC Acknowledges Dogecoin ETF Applications Dogecoin has surged over 8% in the last 24 hours following the SEC’s acknowledgment of Grayscale and the New York Stock Exchange’s 19b-4 application for a potential Dogecoin ETF. This news ignited excitement within the community, with many believing approval could come in the next few months. In response, whales accumulated over 460 million Dogecoin, signaling confidence in its long-term value. Historically, such accumulation has preceded major price rallies, leading some analysts to predict Dogecoin could reach $0.50 by March. Despite growing optimism, technical indicators remain mixed. Over the last 30 days, Dogecoin has dropped by 26.18%, though forecasts suggest a 112.09% increase, potentially pushing the price to $0.58 by the end of February. However, Dogecoin is still trading below the 50-day and 200-day simple moving averages, keeping it in a bearish zone. Meanwhile, the Fear & Greed Index sits at 39.16, reflecting extreme fear among investors. The RSI momentum indicates Dogecoin is in a buy position, but further confirmation is needed for a sustained bullish breakout. Ethereum Thrives On These Recent Updates Ethereum has rallied by over 3.83% in the past 24 hours, breaking through the $2,700 resistance and now trading at $2,743. Analysts predict ETH could push toward $2,900 in the coming days as positive ecosystem developments and regulatory progress drive the price. A major catalyst is the Ethereum Foundation’s recent allocation of 45,000 ETH to four leading DeFi platforms Aave Prime, Aave Core, Compound, and Spark. This shift in Ethereum’s strategy aims to improve financial sustainability and engagement within the network. Regulatory news is also boosting Ethereum’s outlook. Hong Kong has officially recognized Bitcoin and Ethereum as valid proof of wealth for its CIES. This allows high-net-worth individuals to use Ethereum holdings to apply for residency, potentially increasing demand. While these assets must eventually be converted into traditional investments, the decision is expected to add upward pressure to Ethereum’s price. Can Rollblock Outperform These Altcoins? Analysts believe Rollblock has the potential to outperform both Ethereum and Dogecoin in 2025. The protocol has already gained significant momentum, and if it continues on this trajectory, RBLK could hit $1 – or even higher – in the coming months. 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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