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DOGE Futures Open Interest Peaks, Shiba Inu Teases Cash Rewards—Is a Crypto Rally Brewing?

DOGE Futures Open Interest Peaks, Shiba Inu Teases Cash Rewards—Is a Crypto Rally Brewing?

TimestabloidTimestabloid2024/11/28 16:22
By:By PR Desk

The crypto rally has taken a break after what has been one of the most bullish months for altcoins. There’s been a lot of speculative Dogecoin news of late as the price ran up almost 200%. But with open interest peaking, what is next for DOGE? In Shiba Inu news, the second biggest meme coin is flirting with the idea of cash rewards, which could be bullish for SHIB price.

New crypto Rollblock is another altcoin that’s caught this crypto rally. In stage 8 of its presale , the price is up over 300% since inception and with analysts predicting big things, it could turn out to be an exciting 2025 for RBLK.

Crypto Rally Brewing as Rollblock Soars 300%

The crypto market is heating up and Rollblock (RBLK) is up a remarkable 300% since its presale started . While other new projects are still finding their footing, Rollblock has captured the attention of savvy investors helping this GambleFi project take advantage of this crypto rally.

Rollblock is targeting the $500 billion online gambling industry. This once safe industry now sees competition from Rollblock’s unique features. Rollblock offers revenue sharing and deflationary tokenomics that set it apart in the crowded crypto market. 

Rollblock token holders earn a percentage of the casino’s profits. This is paid automatically into token holders’ wallets, and they can also earn more from staking. For this, token holders have to opt in. For helping with liquidity, rewards of 30% APY are fantastic.

Adding to Rollblock’s appeal is the buyback and burn mechanism. A slice of the platform’s revenue is used to purchase circulating tokens from the open market. Half of these are used to help pay the staking rewards, and the rest are burned and taken out of circulation. This helps create scarcity and a likely price appreciation.

Analysts have been bullish on Rollblock since day one, and the success of the presale has validated their predictions of it being a leader in this cycle. There’s still time with the presale, but once it launches, Rollblock could turn out to be one of the success stories of this crypto rally.

Dogecoin News: DOGE Futures Open Interest Peaks

There has been a lot of positive Dogecoin news over the past couple of months, but a halt in the crypto rally has seen futures open interest peak and is now down 25%. This decline suggests that traders may be taking profits after DOGE’s recent surge in price. However, with Elon Musk playing a key role in Trump’s administration, January could see Dogecoin news turn bullish again. 

Shiba Inu Teases Cash Rewards

Shiba Inu has hinted at potential cash rewards for holders, fueling renewed excitement in the second biggest meme coin. This news aligns with Shiba Inu’s broader push to offer more utility, something institutions demand and mainstream will be attracted by. The announcement led to a 12% uptick in SHIB’s price, but as with the rest of the market, it has dropped after the crypto rally halted.

Conclusion

Meme coins are speculative, but one should never write off Dogecoin or Shiba Inu. As for Rollblock, its presale has been an astounding success, and there’s still plenty of time to get hold of cheap tokens before its exciting mainnet launch later in the bull market.

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 for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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