Pepe is leading the meme coin market as Floki and dogwifhat (WIF) fall behind. Having hit an all-time high over the last week, Pepe is attracting thousands of new investors and Floki and dogwifhat investors are choosing to diversify. However, investors overly focused on the meme coin market are missing out on Rollblock. This unique GambleFi project showcases an innovative casino, as well as a revenue share opportunity that could be one of the best passive income sources in the crypto space.
What you'll learn 👉
Floki Begins Mass Token Burn
Floki confirmed that its token burn of 15,246,000,000 FLOKI will start on May 22. The decision to burn Floki tokens received a huge 99.84% of the total vote within the Floki Community. The aim of this burning is to increase Floki’s scarcity and price.
In the lead-up to this event, Floki’s price has increased by 6.14%, and FLOKI is now trading at $0.0002268. Floki’s daily trading volume has also soared a massive 106.44%, showing that investors are bullish about the event’s outcome.
Crypto Whale Buys 228,000 WIF
On-chain data shows that a crypto whale has unexpectedly purchased a huge amount of dogwifhat on Coinbase. According to Lookonchiain, the whale used 606,000 USDC to buy 228,000 dogwifhat (WIF) tokens.
The whale purchased dogwifhat at $2.66, and WIF has since increased to $2.88, increasing by 3.5% over the last 24 hours. Dogwifhat is now the 16th most traded cryptocurrency in the world, though it’s the 44th largest by market cap.
Should dogwifhat’s bullish momentum continue to build, experts believe that dogwifhat could pass $3 by the end of May.
Pepe Hits A New All-Time High
Following several consecutive price increases, Pepe hit an all-time high of $0.00001422 on May 22. Over the last 24 hours Pepe’s price has increased in value by 17.48%, and its market cap is now closing in on $6 billion.
Since hitting an all time high, Pepe’s daily trading volume has increased an additional 66.69% to $4.33 billion. This makes Pepe the 6th most traded cryptocurrency in the world and the most popular cryptocurrency by daily trading volume. A sign that investors are extremely bullish about Pepe going into a potential new bull run.
Rollblock Attracts Meme Coin Investors With Revenue Share Initiative
While meme coins can offer fantastic returns, they lack one thing: utility. Rollblock offers the returns of a meme coin with much greater utility and long term potential. This GambleFi protocol introduces a DeFi casino that offers greater security and transparency than current options.
Rollblock’s casino is fully licensed and is already generating revenue. Up to 30% of this revenue will be shared with $RBLK token holders as part of Rollblock’s revenue share plan. To achieve this, Rollblock will use revenue to buy $RBLK tokens from the open market. This could result in millions of tokens being purchased each week.
Half of these tokens will be allocated for rewards, and the other half will be burned, creating a deflationary effect that drives up the value of $RBLK tokens that remain in circulation.
Using Rollblock’s casino, players can enjoy over 150 different games using over 20 cryptocurrencies to place bets. Rollblock will also add sports betting to its platform, giving players even more features to enjoy.
Rollblock is currently in stage two of its presale. $RBLK tokens are selling for $0.012, and experts believe they could rally a massive 720% during the Rollblock presale alone. As a result, many meme coin investors are diversifying to cash in on huge potential gains.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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