The meme coin market has come to a standstill after a bullish period a few weeks ago. Meme coin titans like Shiba Inu, Floki Inu, and Pepe are now trading in the red region. Luckily, a new project called Rollblock has come to the rescue. Market watchers have tagged it the best cryptocurrency to buy for gains this year.
What you'll learn 👉
Shiba Inu (SHIB) Price And Burn Rate Dips
Over the past month, the price of Shiba Inu (SHIB) has been on a bearish ride. It had dropped by 26% during this period and wiped out the gains on the weekly and biweekly price charts.
Similarly, the burn rate of SHIB tokens has dropped by 32% in the past week. This fall in burn rate shows that investors could be losing interest in the meme coin project. Thus, investors are leaving meme coins and moving to gaming projects like Rollblock.
Pepe (PEPE) Remains Bearish, Analysts Predict Price Pump
All eyes are currently on the Pepe (PEPE) project. The once bullish token is now in the hands of bears who have pushed it away from it’s all-time peak. In terms of price movement, Pepe is trading at the $0.00001 region.
Thecryptomonk believes Pepe is very resilient and will rise to a new high in the coming weeks. Coincodex predicts the value of Pepe will surge to $0.00003779 in the next few months. However, investors are not taking any chances and are already buying coins that have the potential for growth during this period.
Floki Inu (FLOKI) Price Down, Kraken Listing on the Way
Another project in the meme coin market that has been overrun by bears is Floki Inu (FLOKI). The price of the meme coin has fallen by two digits on the weekly and monthly timeframes. Still, experts are not disturbed. TheTradingTank predicts a price surge to $0.0002312 is around the corner.
Meanwhile, Floki has just been added to the listing roadmap of Kraken Exchange. This addition shows that the project is gaining recognition and could help to increase its adoption in the coming months.
Rollblock (RBLK) Becomes the Best Cryptocurrency To Buy
Rollblock (RBLK) has become a safe haven for meme coin investors due to its bullish presale performance. The project has raised about $800K in funding to date, while the token price has surged by 40% to hit $0.014. In just a couple of weeks, Rollblock has attracted more than 3000 registered users, indicating that it is growing within the crypto market.
Such a massive increase has been experienced because of Rollblock’s online crypto gambling platform powered by GambleFi. A fast payment system, privacy, transparency, and anonymous gambling are what Rollblock offers with GambleFi. Currently, 100s of daily users are utilising the 150 casino games available, with many more to be released.
Account funding with cryptocurrencies is supported, which also means fast withdrawals. On the other hand, there is one component that is immensely attractive to the project and this is the revenue-sharing system of Rollblock. It enables passive income generation for users of Rollblock.
This is how it operates. Rollblock buys back RBLK tokens on the market using up to 30% of its weekly earnings. Subsequently, 50% of such tokens are sent to the burning address while the rest is distributed to users who staked their RBLK coins. So, the goal is to stake these tokens and receive passive income for every year.
Analysts forecast a 100x increase soon, making Rollblock a great cypto to currently buy. Keeping in date with recent affairs, Rollblock has launched a $20k giveaway for its 3500+ users during the current UEFA EURO football competition taking place across Germany. To win, users must give correct score predictions before the beginning of any match. Go to the platform’s X account to learn more.
Is The Meme Coin Season Over?
The prices of meme coin titans like Shiba Inu, Pepe, and Floki Inu have dropped in the past week. Despite many attempts to turn this bearish sentiment around, they have all failed. As a result, investors are moving to tokens like Rollblock. It has become the next best cryptocurrency to buy now that meme coins are down. Market experts predict a 50x price surge for Rollblock in the coming months.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
