The post Are Memecoins Good Investments? Solana Duo BONK and WIF Quieten Down, This Utility Titan Raised Over $3.8M appeared first on Coinpedia Fintech News
The best part of the meme culture has always been those explosive gains. However, are these meme tokens a good investment? The answer lies in the value-driven utility they don’t have. That’s why once stalwart Solana meme coins like BONK and WIF have faded into the background.
But as investors scramble for the best meme coin to buy, this new GambleFi underdog, Rollblock, has everyone going head over heels. In fact, its presale went a massive 170%, with liquidity totalling $3.8M. What’s that value-driven utility that pushed Rollblock ahead of Solana meme coins? Let’s find out.
BONK‘s bold ETP move: Can this Solana meme coin break the bearish spell?
BONK got back on the headlines with a daring leap. The Solana meme coin announced its upcoming first-ever meme token Exchange-Traded Product (ETP) in the US. As expected, the monumental move whipped up a storm that got analysts buzzing that it’s the best meme coin to buy now. But is it? BONK price action is brimming with optimism.
The news gave BONK a temporary boost, but it is still miles away from its 19% MoM drop to $0.000017. Although sell volume and net shorts added have declined, current price action shows BONK struggling to weather the bearish storm.
WIF is still down 10% MoM despite the uptick in on-chain metrics.
It’s a tug of war for WIF – a battle between on-chain optimism and bearish market sentiment. For weeks, the broader market has remained skeptical that WIF could make the list of the best meme coins to buy. It’s understandable! dogwifhat has posted nothing but a lackluster performance since hitting a new ATH of $4.85 in March.
This month is no different. WIF has lost 10% in the past 30 days. Recent whale activity and positive chart patterns suggest a potential rebound, but WIF remains stubbornly low. Analysts predict a surge to $5 from the current price of $1.7, driven by a renewed interest in meme coins.
Rollblock’s $3.8M raise: A utility-driven contrast to Solana meme coin hype
Unlike BONK and WIF, Rollblock’s sturdy rise to the top is no hype—the value-driven utility this GambleFi ingenuity offers had analysts singing 100x return to its name. At a time when the iGaming market is being battered for its shortfalls in security, user experience, and transparency, Rollblock has taken the issues head-on with its blockchain-backed AI online casino.
Additionally, its no KYC registration process gives geographically restricted punters inclusive access to a community of gaming enthusiasts and extensive 7,000+ gaming titles. It’s logical to see investment rolling in for Rollblock. It is a utility-driven contrast to the Solana meme coin hype, studded with real-world innovative allure and passive income. That’s why Rollblock is gaining traction. Meanwhile, much of Rollblock’s presale has to do with its revenue-share allure, which cuts out 30% of generated revenue to users.
This and staking yields give investors a no-risk, high-reward profit before the RBLK token even launches. Now imagine Rollblock getting just one percent of the iGaming/DeFi market. Rollblock is primed for parabolic growth this year, and its presale at stage six provides an easy buy-in of an enticingly low $0.027 to the future of Web3 gaming and gambling.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino