Memecoins Like Pepe and Shiba Inu Fade, Rollblock’s New Crypto Casino, With $2M Raised, Is Set for Big Gains by Year-End

The buzz around memecoins is dying down. With top memecoins like Pepe and Shiba Inu losing investors, analysts believe that this market's days of glory are over.

Memecoins like Pepe and Shiba Inu are losing investors as their prices continue to decline. But a new GambleFi narrative is gaining steam with the launch of Rollblock’s crypto casino.

Pepe’s price has plunged by 18.5% in the past week. Despite experiencing a 5% surge in the past 24 hours, technical indicators are flashing bearish signals. Pepe’s trading price is below the 50-day and 200-day EMA, indicating strong bearish pressure.

Pepe's 1-day chart. Source: TradingView

Moreover, the Relative Strength Index (RSI) is at 47.45, suggesting that the price may see lower lows in upcoming weeks.

Shiba Inu whales are selling out as the token’s price has been on a downtrend since March. Binance's SHIB reserves have fallen by 3% this month.

This selling pressure comes as no surprise, especially with Shiba Inu’s price on a downtrend since March. Despite being up by 5% in the last 24 hours, technical indicators show that the token’s open interest has dropped by 51% in the past 15 days.

After surging by 5% in the past 24 hours, SHIB is now trading at $0.00001389. According to technical indicators, analysts are expecting lower lows for Shiba Inu by the end of Q3.

On the other hand, a new GambleFi narrative is gaining traction with the launch of Rollblock’s unique crypto casino.

The platform combines the best of both centralized and decentralized gaming experiences. Crypto gamblers can enjoy a high-end experience at Rollblock casino without having to go through any KYC checks.

Simply link your wallet on the platform or enter your email address to begin your crypto-gambling journey.

Moreover, Rollblock is powered by the Ethereum blockchain, which means that every financial transaction and bet placed on the platform is easily traceable and clear of third-party manipulations.

As a result, Rollblock casino players can enjoy up to 150 AI-powered games without worrying about your confidential data getting in the wrong hands.

One of Rollblock’s most impressive features is its revenue-sharing model. Each week, the platform allocates up to 30% of casino revenue for open market buybacks of the native RBLK token.

Half of these tokens are burned to keep the circulating supply low, and the remaining are distributed to investors as staking rewards with one of the highest APYs in the market.

Currently in stage 5 of its presale, Rollblock is selling at $0.02. With $2 million already raised in presale stages, analysts expect Rollblock’s price to explode even further in the following weeks.

As the popularity around Rollblock’s crypto casino increases, analysts are tipping at a 100x rally during the upcoming bull run and a massive 800% surge by the end of presale stages.

For more information, visit Rollblock’s presale website or join the online community.

The above is the detailed content of Memecoins Like Pepe and Shiba Inu Fade, Rollblock’s New Crypto Casino, With $2M Raised, Is Set for Big Gains by Year-End. For more information, please follow other related articles on the PHP Chinese website!