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crypto.news 2025-03-02 13:48:48

Cardano, Dogecoin, Sui struggle to recover after market crash, RBLK sparks investor frenzy

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin, Cardano, and Sui struggle to recover, Rollblock (RBLK) is defying the downturn with surging investor interest. Table of Contents Rollblock out to change the gaming industry Dogecoin struggles to find direction Cardano: Can it recover after breaking support? Sui facing pressure after crashing by 17% Conclusion Dogecoin (DOGE), Cardano (ADA), and Sui (SUI) are struggling to bounce back after the latest crypto market crash, leaving investors searching for better opportunities. One project, however, is defying the market slump; Rollblock (RBLK). Analysts say RBLK could rally up to 50x thanks to its Web3 gaming model and deflationary mechanics. Rollblock out to change the gaming industry Rollblock is setting a new standard in online gaming with its fully verifiable bids and payouts, bringing unprecedented transparency to the $500 billion industry. Each transaction is secured on the Ethereum blockchain, ensuring fairness and eliminating the trust issues that have long put gamers off using centralized platforms. This has led to a massive surge in user adoption, with new signups, deposits, and bids climbing month after month. Investor confidence is also surging, with Rollblock’s presale raising over $10.7 million since its launch. The project’s momentum is incredible, and with major exchange listings on the horizon, many believe the current price of $0.06 won’t last much longer. On the tokenomics front, RBLK’s deflationary model is a game-changer. The platform takes 30% of its revenue to buy back RBLK tokens each week. Of these, 60% are burned, permanently reducing the token supply, while 40% is distributed as staking rewards, offering up to 30% APY in passive income. This creates constant buying pressure while rewarding holders who are among the least likely to sell. Right now, Stage 10 tokens are selling at $0.06, and with a 50% bonus on all purchases this week, investors are piling in before the next price jump. You might also like: Shiba Inu could outperform Dogecoin, analysts see massive upside for a viral GameFi token Dogecoin struggles to find direction Dogecoin has been unable to recover from the latest downturn, currently trading at $0.2052 after dropping 16.08% this week. Dogecoin has struggled to break key resistance levels as bearish sentiment has come to dominate the market. Elon Musk’s continued support for Dogecoin has kept some hope alive, with speculation that it could play a role in Tesla or X payments in the future. However, DOGE remains vulnerable to further declines. Notably, Carl The Moon recently posted that Dogecoin could break out of this falling wedge any day now, with a target of $0.43. Cardano: Can it recover after breaking support? Cardano is trading at $0.6560 after shedding 15.50% of its value this week, briefly breaking through teh crucial support level at $0.65. The Cardano blockchain has faced mounting criticism for its slow development progress, causing some Cardano investors to lose faith over recent months. The market downturn has only worsened Cardano’s position, as many traders are now hesitant to buy in. Crypto Rand suggests that Cardano is ‘respecting the key horizontal support and pushing a tiny bounce’ but adds that this is a critical situation. Cardano founder Charles Hoskinson remains optimistic, pointing to ongoing network upgrades such as Midnight that could attract more developers this year. Sui facing pressure after crashing by 17% Sui , the high-performance Layer 1 blockchain, has been hit hard by the recent market downturn, now trading at $2.84 after dropping by 15.20% in the past week. Sui has struggled to maintain its bullish momentum, with investors stepping in to take profits after its recent rally. Crypto IG posted that ‘SUI is currently moving within a bullish pennant pattern on the 1-hour time frame, indicating a strong trend.’ He predicts an 85% probability that the next move will be bullish, although this will depend on Sui holding support. A break below could see further downside for Sui toward $1.80. Conclusion While Dogecoin, Cardano, and Sui face heavy turbulence, Rollblock is proving to be a bullish safe haven in 2025. With RBLK still priced at $0.06 and a 50% bonus available this week, investors are jumping in before its price truly takes off. For more information on Rollblock, visit the website or socials . Read more: ADA, XRP could record new highs in 2025, but investors still rotate into leading altcoin Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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