All Bark, No Bite: Why Investors Are Fleeing Doge, Shib, and Bonk for Utility-Driven Tokens Like RollBlock!

Toward the beginning of 2024, meme coins brought in the best gains in the crypto industry. From Dogecoin and Shiba Inu to Bonk and WIF, the dog-themed meme projects ranked in the best positions in crypto. Binance conducted a study and found meme coins up 586% year to date in 2024, more than 10x the [...]

Jul 18, 2024 - 06:41
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All Bark, No Bite: Why Investors Are Fleeing Doge, Shib, and Bonk for Utility-Driven Tokens Like RollBlock!

Toward the beginning of 2024, meme coins brought in the best gains in the crypto industry. From Dogecoin and Shiba Inu to Bonk and WIF, the dog-themed meme projects ranked in the best positions in crypto. Binance conducted a study and found meme coins up 586% year to date in 2024, more than 10x the pace of Bitcoin.

This run has been admirable, but a new crypto project has entered the arena with more potential than the best meme coins. That coin is Rollblock (RBLK) in terms of ROI, RBLK may offer an even better ROI than meme coins. However, unlike meme coins, RBLK has a robust utility, solving many of the major pain points in the casino market.

Dogecoin Plunges 11% in a Week

In the last week, Dogecoin has plunged 11% with investors skeptical about the high volatility. Some investors have begun to question the reliability of assets like Dogecoin, and their harsh plunge only proves the bitter reality of the risk that comes with an investment like this. 

With little ecosystem development and a dwindling audience, Dogecoin is now in a difficult position. Some experts believe that Dogecoin could be dethroned by Shiba Inu in 2024, and as a result many Dogecoin investors are looking to diversify. Should its trading activity fall, Dogecoin’s price could crash. 

Shiba Inu Tries to Rally for Recovery from Its Lows

Shiba Inu has dropped 25% in the last month, and over 50% of investors have lost money on their Shiba Inu investments. 

Despite this, many investors believe that Shiba Inu could recover in Q3. As the second largest meme coin Shiba Inu is in an extremely strong position. The meme coin also showcases greater utility than projects like Dogecoin. As a result, Shiba Inu could recover in Q3. 

Bonk Plans to Burn 84 Billion Tokens

The Bonk community voted and now plan to burn 84 billion tokens. That’s the total amount BONK DAO accumulated through the revenue earned with BONKBot during the second quarter. 

 

Investors hope this will stabilize the value of Bonk tokens and increase the valuation in the face of market uncertainty. 

RollBlock Expected to Outperform the Meme Coin Market

Rollblock (RBLK) is the first play-to-earn token to combine centralized and decentralized gaming. As the first casino-backed token using blockchain technology, it helps to ensure a secure and fair gaming experience. In the past, there was no way to prove that the casino being played at was 100% fair other than with licensing from established organizations. Now, every wager placed can be proven fair.

Rollblock has the potential to disrupt the $450 billion gambling industry. Its blockchain-powered casino offers over 150 games from more than 10 gaming providers. These can be accessed without intrusive KYC checks, which has made Rollblock a popular alternative to traditional casinos. Cybercriminals often target online casinos, so this extra step in security keeps people safe from having their confidential information leaked. 

Since the launch of the RBLK project, the coin has seen a swift rise in valuation. The initial price started at $0.01, but it has climbed to $0.0158. Many analysts have called RBLK the biggest ICO opportunity of 2024, anticipating 100x returns by the end of the year. 

RBLK’s price of $0.0158 is quite possibly the lowest that it will ever be, making this the ideal time to buy. Just 60% of Rollblock’s one billion token supply will be sold during its presale, offering huge rewards for investors who get involved early. 

Furthermore, token holders will be granted access to Rollblocks revenue share. Up to 30% of the platform’s weekly revenue is shared with holders of the cryptocurrency. To do this, Rollblock will use revenue to buy $RBLK from the open market, burning half of what it buys while using the remaining tokens for rewards. 

Rollblock is a project built for accommodating the future of the iGaming industry. With its momentum continuing to scale, RBLK could become one of the biggest opportunities of 2024. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

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

Socials: https://linktr.ee/rollblockcasino 

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CryptoFortress Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.