14% drop in DOGE open interest raises concerns; what’s driving DOGE holders to a new crypto?

Dogecoin ETF hype fades as open interest drops 14.6%; savvy investors turn to Rollblock, a rising decentralized casino with AI-powered GambleFi.

The market sentiment that followed the positive sentiment from the recent Dogecoin ETF application has fizzled. Its open interest has fallen 14.6% as DOGE holders exit their long positions. However, savvy investors are making cautious moves, diversifying with the new crypto casino Rollblock that has taken over the iGaming world.

This cutting-edge, decentralized casino boasts an AI-powered GambleFi solution and thousands of well-curated classics. With large Dogecoin investors already showing interest, its growth is accelerating astronomically. So what does DOGE’s current market sentiment mean, and how can inventors make their comeback with Rollblock? Let’s find out.

Dogecoin price could slip further as open interest falls amid rising ETF bets

The crypto market slipped from its January high at the back of Trump’s tariff decision against the EU mounted bearish pressure that resulted in over 34% MoM decline for Dogecoin. The decline, which compounded the meme coin’s drop from an all-time high to over 14%, forced the closure of many long positions. The result was a 14.6% decline in open interest, according to data from GlassNode.

The current negative sentiment has weighed on DOGE’s rising ETF bets. Just last month, Grayscale’s ETF filing and the SEC’s acknowledgment raised bullish optimism and institutional interest. But the hype fizzled, and so did Dogecoin’s momentum. Right now, the altcoin is fending off analysts’ speculation, especially with US President Donald Trump announcing a Strategic Crypto Reserve. 

The move incited bullish optimism in the broader crypto market. Many analysts believe Elon Musk’s tie with the Trump-led government could influence Dogecoin’s inclusion, and whales aren’t holding back. Onchain data shows deep-pocketed investors have snapped up over 104 million Dogecoin in the past 48 hours. 

Analyst Ali Martinez predicted a hold above $0.16 could slingshot the token to a new all-time high of $4. However, the prevailing bearish pressure has eroded investors’ confidence.

Rollblock excites DOGE holders with its new crypto-gambling revolution.

Rollblock currently has DOGE holders hooked as they move their funds to a safer and more reliable bet. These holders jumping ship to Rollblock is a clear signal of its solutions and prospect to bring value to investors. 

The new crypto will dominate the market in 2025 by establishing a hugely comprehensive casino platform that delivers on its mission to restore trust and transparency to online gaming. Before Rollblock, this $500 billion industry was surely in need of an overhaul due to manipulations. 

This GambleFi protocol turns the tables as gamers get better odds since they can verify all bets and transactions on-chain. Once these wagers are placed, they are securely encrypted onto the Ethereum blockchain, cutting out any risk of underhand dealings.

The decentralized iGaming movement is soaring exponentially already. Top social media experts, including YouTubers Freddie Finance and Crypto Nautic, have weighed in with exceedingly bullish outlooks for the project.

As speculated, Rollblock has grown tremendously over $10.8 million in backing, a new all-time high and counting. This growth prospect makes Rollblock a dominant force in web3 gaming.

Rollblock’s accessibility is another intriguing prospect. After registering on the platform, players gain direct access to gaming through simple fund transfers powered by Google Pay and Ripple Pay integration. This vision is paying off! Registration numbers have soared by 600% since December 2024, while players wagered more than $1.75 million. 

Investors capitalize on Rollblock’s growing momentum.

The tides are shifting, and investors are picking sides! Dogecoin had that usual bittersweet tale off its speculative fad. However, innovation is taking over with Rollblock and its GambleFi solution at the helm. RBLK is currently at its cheapest price, $0.06, in stage 10 presale, and after its upcoming exchange listings, analysts predict a 1200% surge on the horizon.

Investors who refer a friend in March will both receive a 30% RBLK bonus, which will only accelerate Rollblock’s growth.

For more information on Rollblock, visit the website or socials.