Memecoinin investors will be suffering from whiplash as a result of the wild market swings in recent weeks. Bonk and Dogwifhat both seem locked in a race to range lows, while Rollblock ($RBLK) draws the crowds with its incredible utility and 100x casino potential. Is it time to ditch the memes?
Bonk ($BONK) Buyers In Hiding As Meme Market Suffers
Bonk ($BONK) carried on trading in its lengthy downward channel as the formerly hyped meme coin lost over 12% in the last 7 days. This brings Bonk price down to levels around $0.000016 and market cap to just north of $1.14 billion. This places Bonk at number 55 in the crypto rankings, a far cry from the more bullish days Bonk holders enjoyed earlier this year.
There is some hope amongst the Bonk community that the upcoming Solana breakpoint conference will feature Bonk in its preview of the latest generation of Solana phones. The original release included a Bonk airdrop that propelled Bonk to crypto fame as the tokens soon grew to eclipse the purchase price of the phone. However, Bonk’s recent relief bounce was immediately retraced, a sign that sellers are still in control for now.
Can Dogwifhat (WIF) Rekindle Hype?
Dogwifhat (WIF) has seen a drop in 24-hour trading volume recently, which fell to $302 million. Dogwifhat’s market cap is just below $1.5 billion currently, meaning Dogwifhat is at risk of dropping out of the crypto top 50.
Dogwifhat may well retest local support at $1.39, as the bearish trend looks set to continue in the absence of buyers. If Dogwifhat bulls reemerge from their hibernation, then decent buying pressure could see Dogwifhat attempt to break the $2 mark in the coming weeks.
Rollblock ($RBLK) Emerging As The Hottest Presale of 2024
Rollblock ($RBLK) is a completely new and revolutionary entrant to the online gambling markets, as it disrupts this massive $450 billion industry with an ace up its sleeve. Rollblock integrates fully with web3 technology and encrypts all bets onto the Ethereum blockchain. This completely removes the age-old problem of having to trust that the casino won’t tamper with any bets once placed.
The blockchain also means that Rollblock can forgo any invasive KYC checks, and new users can instantly sign in by simply connecting a crypto wallet. There are over 150 classics to explore on the site, including casino favorites, old and new. A much-requested sports betting feature is also coming soon that will open up lucrative new revenue streams for the platform.
Experts are full of praise for Rollblock’s innovative revenue share scheme, which will support price by removing potentially millions of tokens from supply each week. Casino profits will buy RBLK coins on decentralized exchanges, which are then split between staking rewards and a burner account. Stakers will be reluctant to sell as up to 30% yield can be earned on RBLK holdings.
With over $3 million already pledged to this future giant of the casino world, investors are urged to hurry as the $0.025 price points will soon be a distant memory. Take a spin on Rollblock today!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Where Are the Meme Coins? BONK, and WIF Go Silent as This Utility Titan Attracts Over $3M in Investment! appeared first on TheCoinrise.com.
