Meme Coin Decline: Shiba Inu (SHIB) and PEPE See More Red as Investors Shift Focus To Rollblock

It’s a red week for top meme coins! The meme market shed over 26% MoM as top meme coins like Shiba Inu and Pepe bleed red. As a result, investors are shifting focus from the meme’s speculative and fickle nature to greener, safer pastures. Meanwhile, the turbulence only pushed high potential and ingenious projects like Rollblock to the spotlight.

For weeks, Rollblock has been attracting massive hype for its GambleFi technology and blue-chip presale potential. The new crypto presale saw over 110% gravity-defying gain that took its valuation up $2.3M in record time. Read on.

Top meme coins fall as Shiba Inu continues downward spiral.

Although concerning, Shiba Inu‘s stagnancy may not be surprising. SHIB joined the top meme coins after its enigmatic rise in the 2022 bull run but has since faltered. This month, an 18% drop extended Shiba Inu‘s woes, which was exacerbated by the death cross bearish signal on its price chart.

The anticipated ShibTorch came on, and it’s a cut from the same cloth for the SHIB price. Perhaps the most concerning is the fallout from the WazirX hack, which resulted in the loss of over $100M in SHIB tokens. The hack only triggered panic, casting a dark cloud on Shiba Inu‘s outlook.

Bleak outlook for Pepe as selling pressure rises

The wide decline in the meme market also touched Pepe‘s once high-flying price. Pepe showed enormous potential and blew past its previous ATH to $0.000017. But its August downturn has almost erased its year-long stellar performance. Pepe price dropped 36%, and on-chain data paints a bleak picture, too.

Whale activities dropped, and profit-taking investors’ sell-off has spiked. Technical outlooks also suggest a growing sell-off with the descending triangle pattern appearing on the price chart, adding to the bearish cues against Pepe. PEPE is currently trading at $0.0000075.

Top meme coins’ investors set sight on new crypto presale star, Rollblock.

Top meme coins and their controversial get-rich-quick, get-rekt-quick stroke again. But the bloody month for top meme coins was a blessing in disguise. The decline has pushed deserving innovation and high-potential all-rounders like Rollblock into the limelight.

Within weeks, the new crypto presale gained 110% after clinching a new ATH at $0.021 in its fifth stage—thanks to its sturdy blockchain background and focus on innovation. What’s fueling this hype and success? Well, Rollblock boasts of being the first cutting-edge AI-backed decentralized casino on Ethereum. The platform wants to capitalize on the online gambling market worth a massive $500 billion annually.

Rollblock is cutting the inefficiencies of traditional casinos by providing more secure, transparent, immutable and provably fair gaming on over 150 gaming titles. This is a permanent change from mediocrity, and users will still earn by doing literally nothing. Rollblock introduces the revenue share program, which offers a portion of the revenue generated back to the community.

An allure that resonated well with savvy investors was the deflationary model. It’s no surprise to see the new crypto presale hit multiple ATH after amassing over $2.3M from more than 10,000 investors this month. As top meme coins like Shiba Inu and Pepe struggle to hold their stance, experts have forecasted Rollblock going 100x and beyond at launch.

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

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

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