The market-wide turbulence has taken a toll on Shiba Inu’s price action and investor sentiment. However, bullish signals are appearing on the chart. After all, there is a reason why this meme coin has been dubbed the “Doge Killer”.
Let’s discover why analysts are still optimistic about Shiba Inu, and why 2025 could be one of its best years to date.
Shiba Inu (SHIB) faced intense selling pressure over the last few weeks as uncertainty grew. At the time of writing, Shiba Inu trades at $0.000021 following a 1.7% intraday increase. This brings Shiba Inu’s total monthly losses to 17% after the market claimed most of its November gains. After several failed attempts to reclaim the crucial $0.000033 resistance level, the Shiba Inu price entered a downward spiral, settling around the current price point.
Whales are not wasting any time, as in the last 48 hours, they accumulated over $60 million of SHIB tokens, taking advantage of the discounted prices. Experts agree that Shiba Inu has practically bottomed out and don’t expect further declines, as the current support appears rock-solid.
Analyst and trader Rk_Crypto shared
a chart reading on X that draws attention to a triangle pattern forming on Shiba Inu’s 4-hour timeframe. A descending trendline has been acting as a dynamic resistance and compressing Shiba Inu’s price movement, and a breakout above would reignite momentum and send SHIB to new heights in Q1 2025.Meanwhile, many Shiba Inu holders have started rotating profit into a Rollblock, a new, emerging contender that could redefine crypto gaming with its innovative framework.
As the $450 billion global gambling industry is increasingly moving to online platforms, Rollblock could capture a significant share of this market through its cutting-edge GambleFi platform. Rollblock is a Web3 casino that sets itself apart from competitors with its novel approach which provides a high-end casino experience secured by state-of-the-art blockchain technology.
The casino is already generating revenue; its credibility has been attested by leading blockchain security firm SolidProof. Additionally, Rollblock has secured a license from Anjouan Gaming, and is compliant with the latest regulatory requirements.
Over 35,000 have joined the Rollblock revolution and are already enjoying the 7,000-title catalog. The casino aims to cater to all types of players as it offers a broad range of games, including blackjack, poker, and exclusive AI-driven titles. On top of this, Rollblock’s sports betting platform has just launched further expanding the casino’s already vast offering.
One of Rollblock’s most intriguing features is the revenue-sharing mechanism which will allow players to earn passive income while playing their favorite games. Every week, the platform will conduct open market buybacks of the RBLK token and 40% of this amount will be redistributed as staking rewards. The remaining 60% of RBLK will be burned, creating deflationary pressure that promotes sustainable growth. This means that investors will benefit not only from staking rewards but also from the inevitable scarcity-driven price appreciation. Simply put, with Rollblock, users always win.
The ninth stage of the presale is selling out fast, and RBLK tokens are available for just $0.044. When taking into account all that Rollblock has to offer, early adopters could have the next 100x gem at hand. The best time to get involved? Now!
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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