December wasn’t the best of months in the crypto space for many altcoins, and the likes of Solana and Dogecoin struggled. Can they bounce back? We will look at both and see where the Dogecoin price can go this cycle. We’ll also give our Solana price prediction for when we expect the bull market to peak.
December wasn’t bearish for all altcoins, however. New crypto Rollblock has smashed $8.5m raised in its presale and, with it, all analysts’ early bullish predictions. How high can it go? Let’s take a look.
Rollblock raises $8.5M as it bucks bearish December trend
Although the Santa Rally didn’t occur and December was overall bearish for the broader crypto market, Rollblock defied the odds and has seen its price rise over 350% while raising an impressive $8.5 million during its presale.
As an online casino, it offers everything you’d expect: over 7000 gaming options and a sports betting book that will rival any centralized competitor. As mentioned, Rollblock offers a way for investors to earn a passive income, and this is where it leaves its centralized competitors in its rearview mirror.
Rollblock offers an innovative revenue-sharing model that allows token holders to earn a share of casino revenue. This is paid automatically to all token holders and is paid directly into their connected wallet.
Investors can double down on their passive income, too, because Rollblock boasts a staking mechanism. This isn’t automatic, and investors would need to lock up their tokens for a period of time, but the reward is very attractive at 30% APY.
With momentum in the Rollblock presale showing no signs of slowing, Rollblock’s success is a testament to the growing demand for utility tokens in the crypto space. As the presale continues to generate pace, analysts are now saying Rollblock could be one of the best ROIs in this bull market.
Solana price prediction for bull market peak
December was a struggle as SOL investors diversified into Rollblock and other new cryptos, but we expect a bounce back and a bullish Solana price prediction. Solana still boasts a robust ecosystem and continues to attract developers, and once we see a pivot in the market, we expect the Solana price to reverse. Analysts anticipate a potential 3X increase, but we don’t think it can reach that, so Solana’s price prediction is 2X, which would be $375, and a new ATH.
Can the Dogecoin price reach a new ATH?
Dogecoin is another legacy altcoin that we believe a double could be reached by the Q4 market peak. This would make the Dogecoin price roughly $0.66 and another new ATH. A 2X is bullish, but anyone who has witnessed Dogecoin price pumps will know this isn’t as bullish as it seems. Unlike previous cycles, institutional money is maturing the market, and demand for utility is paramount. This was evident as DOGE investors took Q4 profits and diversified into newer altcoins that offer actual utility.
Conclusion
In most asset classes, our Dogecoin and Solana price predictions would be bullish, and no doubt they are great returns, but in a crypto bull market, 2X isn’t bullish enough! Getting the best ROI is usually afforded to new cryptos, and Rollblock smashing all expectations is a sign that this new GambleFi platform could set the bull pace.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino