Investors are losing faith in meme coins. Two of the biggest losers of the current crypto market are Pepe and Shiba Inu.
Investors are losing faith in meme coins. Two of the biggest losers of the current crypto market are Pepe and Shiba Inu. In the last quarter alone, both projects recorded double-digit losses and experts fear they could see further declines. Although meme coins are still on investors’ radar, recent price struggles are reorienting their interest towards new profitable tokens such as Rollblock ($RBLK).
Pepe Loses Market Traction
Following a huge price surge in 2023 Pepe is losing traction. Short-term projections are bleak, with Pepe’s price crashing by 0.55% over the last month alone. This negative trend has been heavily influenced by the market, though this is a huge weakness for the Pepe ecosystem. Over the last 24 hours Pepe’s daily trading volume has surged by 24%, suggesting that a price swing could be on the way.
This is exacerbated by the release of Pepe Unchained, which has shifted interest away from Pepe. With the project already up over 600%, Pepe could lose a huge share of its audience.
Shiba Inu Faces Bearish Pressure
The meme coin sector is experiencing volatility with projects like Shiba Inu (SHIB) taking the brunt of the price declines. The downturn is general and influenced by broader market issues. However, Shiba Inu is down by almost 10% over the last month, causing many fans to jump ship.
With the market facing significant change, Shiba Inu is expected to see further declines. Currently trading at $0.00001917 per token, investors fear that Shiba Inu could lose another 0 in Q3.
That said, Shiba Inu’s price is in a critical zone, and if holders refrain from selling, a price surge is possible. Bullish community members believe that Shiba Inu’s recent developments, as well as a rise in token burning could help the project to recover.
Rollblock Closes in on Stage Three Sellout
Rollblock has outperformed the crypto market for two consecutive months. This lucrative new GambleFi platform combines decentralized and centralized technology to reshape the $450 billion gambling market. Having already attracted 5,000 users, experts believe that Rollblock could see 100x returns this year alone.
The platform harnesses blockchain technology to create a sophisticated online casino offering over 150 immersive slots and table games. With all transactions being recorded on the blockchain, bets are immutable and can’t be changed once placed. This enhances confidence among users, and is one of reasons behind Rollblock’s significant adoption rates.
Another benefit is Rollblock’s ease of use. The platform requires no downloads or hassle. Furthermore, no KYC checks are required to sign up. Players can use their email or a crypto wallet to make an account, allowing them to remain anonymous.
This use of blockchain technology also introduces new income streams. Aside from being used for rewards, $RBLK tokens also grant holders access to the Rollblocks revenue share initiative. The project will allocate up to 30% of its revenue to buying back $RBLK tokens from the open market. Half of these will be used for holder rewards, and the remaining half will be burned.
With $RBLK having a fixed supply of just 1 billion tokens, this will significantly drive up token price for holders, which incentivizes long-term ownership.
Rollblock is already looking to develop its platform and plans to add sports betting to its portfolio in the upcoming months. This will attract thousands of new users to the platform, increasing payouts for token holders while driving up $RBLK’s price. Tokens are currently available for just $0.0158 during stage three of the presale, and experts believe they could soar a massive 800%. With this in mind, now is the perfect time to get involved in this highly lucrative presale!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website – Socials
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The above is the detailed content of Rollblock Rolls Into The Millions As Presale Gains Huge Momentum, PEPE & SHIB Holders Believe The Meme Meta Is Over!. For more information, please follow other related articles on the PHP Chinese website!