In the past few months, the name “Solana” has gained wide popularity in the crypto market not because of its fast network but due to the rise of Solana-based meme coins which soared up the price chart, posing a major threat to top meme coins.
It seems the Solana meme coin frenzy continues to flourish after two celebrity memecoins, Caitlyn Jenner and Iggy Azalea, recently hit the market and stood the test of time as their prices flew almost immediately. Following this Jenner’s coin has recently seen a huge dip whilst the Azalea coin has outperformed most investors expectations!
What you'll learn 👉
Caitlyn Jenner (JENNER) Price Takes a Huge Dip
Recently, media personality Caitlyn Jenner (JENNER) took to X to announce the launch of her JENNER coin on the Solana blockchain in partnership with crypto promoter Sahil Arora. While the value of JENNER increased after its launch leading to a surge in celebrity-backed memecoins, the value of the token has plummeted.
This came after she launched another token on the Ethereum blockchain to support Donald Trump. This move did not sit well with her fans. At the moment, the price of JENNER is down 74.8% from its all-time high of $0.02951 reached on May 28th. The trading volume has also dropped as investors lose faith in the memecoin.
Iggy Azalea (MOTHER) Drops From ATH
Apart from Caitlyn Jenner, the famous rapper Iggy Azalea (MOTHER) also launched her own Solana memecoin, which reached a market cap of about $28 million and an ATH of $0.02565 on May 29th.
She made the move as an attempt to clear her name from an alleged scam token called IGGY launched by Sahil Arora. Unfortunately, the MOTHER meme coin has taken a dip dive, falling to an all-time low of $0.004709 on May 31st but has since rebounded as of June 2nd.
Rollblock (RBLK) Gains Traction As Presale Soars
While Caitlyn Jenner and Iggy Azalea are down on the price charts, Rollblock (RBLK) has emerged as a good crypto to buy. The crypto is the native token of a GambleFi project that seeks to revolutionize the gambling sector. The connection to the $450 billion market instantly makes RBLK a top cryptocurrency to buy for the 2024 bull market.
Rollblock has a revenue-sharing model, which makes it stand out from other gambling projects. The project uses a percentage of its review to buy back RBLK tokens from the open market. Half of what is purchased will be burnt to increase the scarcity and value of the RBLK token.
The other half will be a prize for those who staked their RBLK token. Besides this, the Rollblock project offers its users more than 150 blockchain-based casino games in which they can participate. Regarding the operation of the online casino, blockchain technology is applied to guarantee that no bet can be changed once it has been made, which increases the security and transparency of the platform.
Currently, Rollblock’s RBLK token is in the second stage of its presale. Its value is $0.014 with analysts predicting 100x gains for the altcoin in the coming weeks as the presale continues to grow, with that being said analysts anticipate a rally to $1, making RBLK a top cryptocurrency to buy now.
Conclusion
Solana Summer might be coming to a close gradually as new Solana-based memecoins like Caitlyn Jenner and Iggy Azalea kick the bucket. This has given way for gaming tokens like Rollblock to climb up the ranks. Rollblock is just at the second stage of its presale, and its price has already increased by 40%. Analysts have forecasted another gain of 400% in the coming weeks, making it a good crypto to buy.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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