Meme Coin Favourites BONK and WIF See Declining Volume Unlike This New Token Smoking the Competition

August 31, 2024

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Meme coins may have had a good run in early 2024, but Q4 is all about altcoins. With BONK and Dogwifhat quickly losing investors, Rollblock’s (RBLK) DeFi casino is boasting 140% gains with over 10,000 early registrations.

Analysts Lose Hope for Bonk (BONK) Resurgence

After recording 33.23% intra-month losses, Bonk has officially been kicked out of the Top 50 cryptos list. Even though Bonk’s price is up by 0.43% today, the current trading price of $0.00001875 is failing to spark investor interest. Bonk’s trading volume has also plunged nearly 27% in the last 24 hours, hinting at a pessimistic market sentiment.

Since Bonk is trading below all its moving averages on the BONK/USD daily chart, even a resurgence seems unlikely for now. Even on the 2-hour chart, Bonk’s RSI is still in neutral territory, suggesting room for more declines in upcoming weeks.

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Dogwifhat (WIF) on the Verge of Crashing

Dogwifhat is still the 49th largest crypto by market cap, but investors are beginning to lose confidence after the meme coin shed over 35% of its value over the past month. After a short rally pushed Dogwifhat’s price upwards last week, the meme coin has now consolidated, with Dogwifhat trading at $1.61.

Given the 22.85% decline in Dogwifhat’s volume, buying pressure is unlikely to pick up any time soon. On the WIF/USD daily chart, Dogwifhat is facing resistance at the $1.84719623 50-day EMA. If investor interest doesn’t increase soon, Dogwifhat may fall to its support at $0.78 in Q4.

Rollblock (RBLK) Outperforms Memecoins Ahead of Q4 Altseason

As memecoins like BONK and WIF lose traction, investors are rushing to invest in altcoins like Rollblock (RBLK) that are poised for 100x gains by the end of the year. Rollblock is a new play-to-earn token that features a Vegas-like casino with Ethereum-backed security. With an ingenious strategy to combine decentralized and centralized gambling, Rollblock is on its way to overtake the $500B per annum global gambling market by 2025.

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Rollblock’s GambleFi casino has already raised nearly $3M in record time as over 10,000 investors are betting on this token’s growth potential. These early investors also gain exclusive access to Rollblock’s casino which features over 150 AI-powered virtual games, including classics like roulette and blackjack to new web3-based titles like KENO and Car Racing. No matter what they play, investors have a provably fair chance at winning more $RBLK through immutable bets that are backed on Ethereum’s blockchain.

Besides in-game payouts, Rollblock’s native $RBLK is also used to power the Rollblock ecosystem and can be staked to earn weekly rewards. The platform offers a revenue-sharing model that gives away weekly staking rewards with up to 30% APY.

Rollblock buys back $RBLK on the open market to distribute these rewards, and also impliments a token-burn mechanism to remove half of the repurchased tokens from circulating supply. As the repurchasing drives up demand, the token burn reduces supply and ensures that Rollblock’s price experiences weekly upswings.

Given these impressive tokenomics, Rollblock’s presale stage 6 price of $0.024 is still considered a huge steal. As Rollblock nears its official release, analysts project an 800% surge alongside a potential 100x rally on launch day!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://rollblockpresale.io/

Socials: https://linktr.ee/rollblockcasino