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Home»BLOCKCHAIN NEWS»A top analyst has his eyes on new cryptocurrencies, suggesting the reign of Binance Coin and Dogecoin may be coming to an end.
BLOCKCHAIN NEWS

A top analyst has his eyes on new cryptocurrencies, suggesting the reign of Binance Coin and Dogecoin may be coming to an end.

By Crypto FlexsMay 9, 20244 Mins Read
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A top analyst has his eyes on new cryptocurrencies, suggesting the reign of Binance Coin and Dogecoin may be coming to an end.
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Disclosure: This article does not represent investment advice. The content and materials contained on this page are for educational purposes only.

Recent price uncertainty could lead to the end of the dominance of Binance Token and Dogecoin. Investors are looking for promising alternatives like Rollblock.

Popular cryptocurrencies like Binance (BNB) and Dogecoin (DOGE) reign in their respective niches, and both still hold a solid place among the top 10 cryptocurrencies by market capitalization. However, due to the month of uncertainty, both cryptocurrencies have struggled to keep up with their upward trends. This prolonged period of stagnation raises doubts, but top market analysts are looking elsewhere. Rollblock (RBLK) shines among many options, especially when it comes to its unique and upcoming GambleFi protocol, which aims to bridge the gap between decentralized and centralized gaming.

Binance is facing resistance below the $600 price level.

The past month has been a rollercoaster for many cryptocurrencies, with the majority struggling to maintain a positive trajectory despite the expected bullishness associated with the Bitcoin halving. In particular, Binance has been trading within a largely static range over the past month.

Despite a high of $626 and a low of $517, the native BNB token has been trading within a narrow monthly price range of $587 and $592 over the past month, reflecting a nearly 1% increase in value over that period. Binance Token maintains its dominant position in the cryptocurrency market but has mostly recovered over the past month.

Dogecoin is still down 18% in the past month.

After a month of unfortunate price fluctuations, Dogecoin made a comeback last week after recording a nearly 14% increase in value while trading within a price range of $0.14 and $0.16. Compared to the monthly price chart, Dogecoin price is still down nearly 19%, suggesting that the recovery is still underway.

Meanwhile, Dogecoin boasts a market capitalization of $22.9 billion and a trading volume of $1.6 billion, still maintaining its leading position among the top memecoins by market capitalization. These figures indicate an increase in demand for the native DOGE token and reaffirm its status among the currently ranked cryptocurrencies.

Rollblock’s GambleFi ecosystem will disrupt the multi-billion gambling industry.

The cryptocurrency industry is a minefield of endless possibilities, evident in the market Rollblock (RBLK) launched under the GambleFi protocol. As a leader in this new niche, Rollblock aims to bridge the gap between centralized and decentralized gaming, offering the best of both worlds.

The Rollback ecosystem offers many interesting features, but its unique revenue sharing model is what makes it attractive. Notably, Rollblock, a community-supported cryptocurrency casino, allocates a portion of its profits to token holders. In addition to providing passive income to token holders, this unique approach will disrupt the gaming landscape and casino market.

Some casinos, both online and offline, lack transparency in their dealings with players. However, to solve this problem, Rollblock has adopted blockchain technology to ensure that all transactions are permanent and immutable, meaning that bets cannot be changed once placed on the platform. Rollblock could solidify its position among cryptocurrencies gaining momentum by addressing key concerns about fairness and trust issues that have plagued traditional online gambling.

With Rollblock’s casino already operational, interested participants can equally participate in the ongoing pre-sale campaign to enter the $450 billion gambling industry. Currently in phase 1 of 7, the native RBLK token is selling for $0.01 and the price is expected to rise 10x by the end of the campaign. Meanwhile, the great thing about playing at Rollblock Casino is that users can play completely anonymously with no KYC requirements.
To learn more about Rollblock, Visit our website Or sign up social media community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.

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