Rollblock Up 350% as Utility Token Demand Rises, While Dogecoin and Shiba Inu Price Plummet

With institutional money now flooding the industry, the demand for crypto assets such as meme coins is waning. This is evident with the Dogecoin price, down 40%, while the Shiba Inu price is down 50% since their 2024 highs in March. Is this the end of meme coins?

Institutional money is now entering the cryptocurrency market, and the demand for meme coins is decreasing. This can be seen in the Dogecoin price, which is down 40%, and the Shiba Inu price, which is down 50% since their 2024 highs in March.

However, a new crypto asset called Rollblock is not suffering from the maturing market. This utility token is flourishing, and it’s required for all transactions on what is expected to become one of the most used platforms in the crypto space. As a result, analysts are predicting that RBLK will become the next 100x ROI.

Rollblock up 350% as investors drive up demand for utility token

With interest in utility tokens surging, Rollblock is standing out thanks to its real-world application and passive income potential. As a result, analysts are becoming increasingly bullish on the token’s future prospects, especially with the strength of the presale.

The rapid adoption of RBLK is due to Rollblock’s practical utility in the online gambling industry. The platform combines blockchain principles and DeFi innovations to offer both gameplay and a way for investors to earn a steady income.

This income is generated simply by buying and holding the token, as the platform distributes a share of its total revenue to holders. The more tokens owned, the more earned. This is also the case for staking, where investors can earn an incredible 30% APY.

Another key selling point of Rollblock is its deflationary tokenomics. The platform allocates a portion of its profits to buying back circulating tokens. Half of these tokens are burned to reduce supply and increase scarcity, which should boost the value of the remaining tokens.

The presale is now in stage 7, and the RBLK price is up 350% at $0.035. Despite this, analysts are still predicting that this utility token will increase in value by 100x as the gambling industry prepares for disruption and savvy passive income investors get in early.

Dogecoin down 30% since March highs

Dogecoin has dropped 30% since its March highs as investor sentiment shifts toward crypto assets with tangible utility. While Dogecoin initially gained popularity following high-profile endorsements from Elon Musk, the current market is demanding projects with more utility and long-term potential. Is this the end? Not really, in a bull market everything goes up, but DOGE isn’t a long term play.

Shiba Inu price faring worse than DOGE

The Shiba Inu price has fallen 50% since its March highs as investors show a preference for the utility token sector With the influx of institutional money, the demand for practical applications has increased, casting doubt on meme coins like Shiba Inu. Although the Shiba Inu price is likely to rise during the bull market, it’s another crypto that shouldn’t be considered for a long-term HODL.

Conclusion

The demand for utility could spell the end for meme coins. Dogecoin and Shiba Inu have plummeted since March, and we know it’s because the utility token demand is rising. This is benefitting the likes of Rollblock, whose presale has rocketed since its launch. Can it 100x? Well, it’s already up 350%, and the presale is still only in stage 7.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

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