The post Can’t Teach an Old Dog New Tricks: Rollblock Leading Utility Season as Solana Memes BONK and WIF Fade appeared first on Coinpedia Fintech News
Dog-based tokens like Bonk and Dogwifhat have been on a consistent downtrend lately after recording huge intra-day dips. As these meme coins fade into oblivion, all the hype is currently around Rollblock’s crypto casino, which hit a new all-time high this week.
Bonk’s (BONK) Collaboration with Dortmund Does Nothing for Price
Bonk recently announced a revolutionary partnership with Borussia Dortmund, one of the most popular football clubs in Germany. This collaboration is set to take place throughout the 2024-2025 Bundesliga season and is aimed to broaden Bonk’s impact. Despite combining web3 technology with the explosive football market, Bonk’s price hasn’t experienced any significant movements in the past few days.
At press time, Bonk is trading at $$0.00001632 after a 5.17% intra-day plunge. This downtrend has remained consistent over the past month as Bonk recorded 8.77% monthly losses. With Bonk’s 24-hour trading volume up by 35%, analysts believe Bonk may experience increased selling pressure in upcoming weeks.
Dogwifhat (WIF) is Deep in Bearish Territory
Dogwifhat is currently trading in a descending wedge pattern which is a strong bearish signal. Despite recording 4.32% gains in the last 30 days, Dogwifhat’s price has recently suffered steep declines due to increased selling. As more whales move Dogwifhat from wallets to open exchanges, Dogwifhat’s 24-hour volume has surged by over 50%. For now, Dogwifhat is trading at $1.49 with an intra-day decline of 5.51%.
Considering Dogwifhat’s extremely bearish price chart, analysts believe Dogwifhat’s price could plunge to steeper lows in the upcoming weeks. As Dogwifhat’s RSI trends downwards, Dogwifhat’s price is seeking support at the $1.40 level.
Rollblock ($RBLK) Kicks Off Explosive Altcoin Season
Tokens like BONK and WIF may still be trying to reap the dog-based meme coin hype, but Rollblock’s revolutionary GambleFi protocol is targeting a whole new sector of the market. Based on the intersection between the global gambling industry valued at $500bn per annum and the crypto market worth $1.2 trillion, Rollblock is expected to experience a smooth climb into the Top 10 cryptos list by 2025.
Even in presale, Rollblock has managed to raise $3.5 million by attracting more than 15,000 early investors who are showing confidence in the token’s 100x potential. While explosive ICOs are common in the crypto world, Rollblock takes the experience one step further with its up-and-running crypto-native casino while the token is still in presale. After being fully regulated by Solid Proof and Gaming Curacao, Rollblock is generating revenue by offering 150+ AI-powered games that early investors are already enjoying. In upcoming months, Rollblock also plans to add sports betting to its casino which will allow traders to bet on the NBA, MMA, NFL, UFC, Golf, Tennis, and more.
Not only do Rollblock investors earn through in-game payouts, but they can also receive massive staking rewards with up to 30% yield with Rollblock’s revenue-share mechanism. Every week, the platform reinvests a portion of its revenue into open market buybacks of RBLK and distributes these as rewards to long-term holders. To ensure that this mechanism doesn’t disrupt Rollblock’s price, Rollblock also features deflationary tokenomics that include a weekly token-burn program and a supply hard cap of 1 billion.
Rollblock’s presale has actively made headlines ever since its launch, and the recent bullish hype has resulted in projections for more all-time highs in upcoming weeks. For now, RBLK tokens are selling at just $0.026 each, which is the lowest price Rollblock will ever be!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino