Altcoins
Can Rollblock Be the Next 100x Altcoin? Investors Seek Utility as Memecoins PEPE, BONK, and DOGE Lag the Market
Since the beginning of the year, meme coins have performed spectacularly. Pepe Coin, Bonk, and Dogecoin have all performed exceptionally well, distancing themselves from more “serious” tokens, with each vying for the title of the next 100x crypto. Some have even succeeded. But the meme coin party seems to be over, and the next 100x crypto seems likely to be a utility token. That’s why investors are placing their bets on the new GambleFi token Rolling block to bring 100x winnings.
Pepe Coin (PEPE), Bonk (BONK) and Dogecoin (DOGE): The Coin Meme Craze Moderated
It’s easy to see Pepe Coin, Bonk, and Dogecoin as the harbingers of hope, as these tokens have generated incredible gains for their holders.
Starting with Pepe Coin, we’re looking at returns of over 100 million percent. If someone had invested in Pepe Coin in April 2023 and sold it in March 2024, then just 62 cents would have resulted in a cool million dollars. But now, Pepe Coin is 30% below its ATH and trending lower, while utility token cryptocurrencies are all up. Pepe Coin has had the most phenomenal run in crypto history, and a dollar invested in Pepe Coin today would likely be worth a few cents in the medium term.
Bonk has also performed very well, especially in the last three months, where it returned a solid 75%. This is at a time when most cryptocurrencies were waving red flags all over the crypto market. Bonk was the next crypto to 100x. However, it peaked in May and has since lost 43% of its price, confirming the trend that the meme coin party has come to an end.
Dogecoin, the original meme coin, doesn’t have the speed and pace of the others, but it has the market cap to crack the top 10, and Dogecoin is about as stable as a meme coin can be. Its year-to-date numbers sit at a respectable 32%, but if you replace that with a three-month candle, Dogecoin is down 23%. At $0.12, Dogecoin is trading just 16% off its ATH. Even Dogecoin can’t breathe life into meme coins.
Rollblock (RBLK): Ethereum-Based Utility Token Captures Investors’ Imagination
Utility tokens aren’t “simple” cryptocurrencies like meme coins. These utility tokens are the foundations of dApps and platforms that actually do something. The most obvious one here is BNB, which powers the Binance platform. However, there are many other utility tokens on the market, and the latest offering comes from Rollblock, a GambleFi Token is Currently in Pre-Sale.
Rollblock is the world’s first KYC-free casino built on the security and transparency of the Ethereum blockchain, bringing over 150 games to the half-trillion-dollar gambling market. These range from traditional casino games to sports betting to Web3-based games of chance and skill. And this offering is powered entirely by Rollblock’s utility token, RBLK.
What gets interesting is that the Rollblock utility token is capped at one billion tokens, meaning it is deflationary by design. The price of Rollblock can only go up. But that’s not even the most interesting part of the pot! That honor goes to the fact that in addition to being a utility token, Rollblok pays out a revenue share! Each week, RBLK token holders receive a share of the profits generated by the casino, meaning Rollblock is a revenue-generating asset.
Rollblock has already sold nearly 40 million tokens. If current trends are to be believed, the limited number of tokens offered will soon be sold out!
In summary :
After the hype surrounding cryptocurrencies Pepe Coin, Bonk, and Dogecoin has died down, investors looking for the next 100x cryptocurrency would do well to look into utility tokens like Rollblock. RBLK tokens are now available during the fourth presale phase at $0.017 directly from their website.
Get in on the early action of the Rollblock ($RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of any information available in this content. Do your research and invest at your own risk.