News
Utility Tokens on the Rise: Why Investors Are Abandoning Doge, Shib, and Bonk for Rollblock!
Memecoins are known to be the most unpredictable yet potentially profitable assets. Early investors in Dogecoin (DOGE), Shiba Inu (SHIB) and Bonk (BONK) have been able to enjoy huge net returns.
While some of these still have potential to recover in the next bull cycle, investors are also looking at new, brighter gems. One utility token that has successfully captured investors’ attention is Rolling block (RLBK). It has innovative technology, a unique platform to play and earn, and the potential to make huge profits by the end of 2024.
The Future Looks Uncertain for Dogecoin (DOGE)
Dogecoin (DOGE) has made an impressive comeback amid the long-awaited cryptocurrency market resurgence. It recently surpassed 90 million wallet addresses, reflecting a huge growth in Dogecoin’s user base. Analysts are even seeing the possibility of a super cycle for Dogecoin where it could enter the $1 to $1.50 range.
However, this forecast is very ambitious. Realistically, Dogecoin has only been in the green zone for the past 30 days. Although the memecoin has made a small dip, it seems to be in choppy waters. With an intraday gain of over 3.7%, the future looks very bright for Dogecoin, with some analysts predicting that Dogecoin could rise further in Q3.
Shiba Inu (SHIB) needs huge bullish momentum to keep pace with the market
Over the past 30 days, Shiba Inu (SHIB) has seen a small decline of 0.77%. Things have been tough for Shiba Inu lately, especially after the news of hackers stealing 5.4 trillion Shiba Inu tokens. According to Coinmarketcap, Shiba Inu is currently worth $0.00001783, down 81% from its all-time high.
Shiba Inu can recover now if buyers regain control. Market sentiment has changed positively and trading volume has remained strong. If Shiba Inu manages not to fall further, then the local trend could remain bullish. Unfortunately, analysts suggest that this bullish trend is a short-lived event.
Can Bonk (BONK) Rebound to the Top During This Rally?
Bonk is one of the best performing meme coins ever created. Investors reaped millions of dollars in profits when Bonk’s value soared as much as 7581% in a year. However, things haven’t been the same for Bonk since then.
According to Coinmarketcap, Bonk is currently trading at $0.00003076. This has increased by over 31% in seven days, leading investors to wonder if Bonk is making a comeback. However, with some analysts predicting a sharp decline in the coming weeks, investors should be cautious before committing their money to such a risky asset.
Rollblock (RBLK) Quickly Becomes the Next Big Token
With such uncertain market conditions for memecoins, investors are now shifting their attention to newer alternatives. One such token that is getting all the hype is Rolling block (RBLK). This GambleFi play-to-earn coin offers the best of both worlds to investors: they can safely trade cryptocurrencies while gambling and placing bets!
This highly profitable project introduces a DeFi casino with over 150 game modes. Using blockchain technology, the platform makes it impossible to change bets, giving investors complete peace of mind.
Players earn $RBLK as a reward for playing. Token holders will be granted a share of the platform’s profits, with Rollblock allocating up to 30% of its revenue to a buyback mechanism.
In Phase 4 of its presale alone, Rollblock has already raised as much as $1.2 million, reflecting the huge demand for the token. Compared to other tokens with uncertain growth trajectories, Rollblock is trading at a highly competitive price of $0.017. Before the presale ends, analysts predict that this value will increase by 800%, with a huge rally on the day of release!
Discover the exciting Rollblock (RBLK) pre-sale opportunities now!
Website: https://rollblockpresale.io/
Social: https://linktr.ee/rollblockcasino