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Investors Are Buying Utility Tokens Like Rollblock As Meme Coins Like PEPE and WIF Cool Off

July 6, 2024 By Crypto Reporter PR

The meme coin market has taken another hit after its brief price jump. Many investors expected coins like PEPE and Dogwifhat (WIF) to remain bullish throughout July. However, this short-lived growth was only fueled by the spot Solana ETF hype.

The price drop reflects the greater bear market as top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) continue to struggle. However, a new altcoin, Rollblock (RBLK) has piqued investors’ interests as it remains bullish despite the market turbulence. Analysts predict Rollblock (RBLK) may make 50X gains in the coming weeks.

PEPE Experiences Huge Whale Sell Off as Token Dips

An early PEPE buyer, dimethyltryptamine.eth has sold off 10 billion PEPE after 10 months of inactivity. Although this whale still holds 1.99 trillion PEPE, the recent sell-off suggests PEPE may not experience serious growth any time soon.

PEPE’s price has dropped by 15% in the last 24 hours and now trades for $0.000008039. Investors worried about their PEPE tokens are replacing them with newer altcoins showing strong growth potential. Despite this bearish investor sentiment, some analysts predict that PEPE could see another price jump before the end of 2024.

Dogwifhat (WIF) Lost Over 11% Of Its Value Amidst Sell Offs

A Dogwifhat (WIF) whale has sold 900,000 Dogwifhat tokens following Solana’s price drop. Experts suggest the bearish crypto market sentiment is the potential reason for this massive sell-off. They also predict that Dogwifhat’s current price of $1.59 could drop even further if the token fails to sustain the $1.60 support level. Since investors are showing lower interests in Dogwifhat and moving to other altcoins like Rollblock (RBLK), Dogwifhat’s price might drop down to the $0.90 level.

Rollblock’s (RBLK) Price Set to Increase as New Investors Join The Presale

Rollblock (RBLK) is an innovative GambleFi protocol built on the Ethereum blockchain that aims to transform the online gaming experience. This community backed, play-to-earn token has stood out despite the downturn in the cryptocurrency market.

Rollblock ($RBLK) has continued to add thousands of new investors to its presale as many holding tokens like Dogwifhat (WIF) and PEPE sell off their holdings. The platform aims to bridge the gap between centralized and decentralized gaming by offering a blockchain-powered casino with over 150 popular games where users can play and earn rewards. Using blockchain technology, Rollblock guarantees transparency and security of all bets placed in the casino. This unique positioning within the $540 billion global gambling market has drawn the attention of thousands of investors.

One of Rollblock’s key advantages is its user-friendly sign-up process. Unlike many online casinos that require KYC verification, Rollblock allows users to join by connecting their crypto wallets or using their email addresses. This ease of access has led to a surge in new players and an increase in investors purchasing the native $RBLK token.

The $RBLK token is central to the Rollblock ecosystem, serving as the currency for all transactions on the platform. Players earn $RBLK tokens as rewards for their activities and can stake these tokens for additional returns. To enhance the token’s value as the platform expands, Rollblock has implemented a revenue-sharing feature. Up to 30% of the casino’s weekly profits are used to buy and burn $RBLK tokens from the open market, increasing their scarcity and value. The remaining profits are distributed as rewards to token holders.

Currently in stage 3 of the presale, the $RBLK token is trading at $0.015. This low price is expected to increase in a few days, making now the best time for investors to stack the $RBLK tokens and diversify their portfolios in a volatile market.

Early investors in $RBLK stand to gain significantly from its projected growth during the bull market. Rollblock’s tokenomics show a fixed supply of 1 billion $RBLK tokens with 60% dedicated to the presale. With the current momentum and limited supply, analysts predict that Rollblock’s value could surge by over 800% before the presale ends.

With its rapid transactions, high payouts, and innovative revenue-sharing model, experts have tipped Rollblock as a platform with strong growth potential. As the casino platform continues to grow, Rollblock could see a 100x rally in Q3, making it one of the top DeFi tokens in 2024.

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

Website: https://presale.Rollblock.io/

Socials: https://linktr.ee/Rollblockcasino 

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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