Shiba Inu (SHIB), once a small meme movement, is currently ranked #13 by overall market capitalization as per Coinmarketcap. Shiba Inu retails at $0.00002695, with a 10% weekly price decline despite all-time highs for Bitcoin. The main rival for Shiba Inu is Dogecoin, the 7th largest coin by market capitalization.
While the Shiba Inu vs Doge wars are nothing new, a recently released crypto presale in the GambleFi industry is seeing significant attention from whales and retail investors. Rollbock (RBLK) has raised $7.2 million thus far and aims to disrupt the gambling industry with a new protocol that rewards participants with profit sharing, bonuses, and staking APY.
Shiba Inu Price Trajectory Looks Bullish
Altcoins are no longer following the exact pattern of Bitcoin price movements. While Bitcoin recently soared above $105,000, Shiba Inu still remains in the red on a weekly and daily basis. However, meme tokens behave a little differently and often rise exponentially at the end of a bull run.
Shiba Inu has underperformed Dogecoin and other major coins in recent months, losing out on market positioning. This is a positive indicator as it signals more upside, other altcoins being maxed out. Shiba Inu recently sent 250,000,000 tokens to a dedicated burn address, which could serve to improve its price going into the new year.
Is The Dogecoin Price Maxed Out?
Dogecoin has had a strong year with a price rise above 300%. It trades at $0.40, not far from its ATH of $0.65. Its performance is linked to the appointment of Elon Musk to lead the Department of Government Efficiency (DOGE). Dogecoin’s price has also been frequently pushed forward by tweets and support from Elon Musk.
For many years, Dogecoin proponents have been eyeing the $1 mark as a target. However, this is only a 2.5x price hike from its current position, and market participants are generally not interested in these smaller multipliers. Much of the hype is already priced into the market, making Shiba Inu a potentially better option. It might not be a Dogecoin killer, but it’s definitely possible that Shiba Inu closes the gap on its major rival.
Rollblock a Better Bet Than Dogecoin or Shiba Inu
While meme tokens have their place in crypto portfolios, they come with substantial risk and volatility. Shiba Inu holders, for instance, have had very modest returns in recent months while the wider market took off. This is where Rollblock has an advantage.
Rollblock is a GambleFi protocol with a clear market proposition. It enables immediate access to 7000 games and a sports betting feature that has gained huge traction. It offers many incentives to players, including staking APY, a weekly revenue-sharing program, and a dedicated token burn.
The presale offers a limited 20% token bonus at the present time. The RBLK price is $0.0415 in stage 9 and will rise to $0.047 in the next stage. The casino is fully licensed, audited, and live for play and can be accessed via smartphone, tablet, and/or computer. It’s designed to be as user-friendly as possible to cater to the modern player who expects to be rewarded for their time with instant deposits and withdrawals.
With its many benefits and early bird pricing, Rollblock could be described as a better bet than Dogecoin or Shiba Inu, with significant potential. Neither of these meme coins offers anywhere near this level of upside in the coming months.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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