Memecoins are notoriously volatile and Dogwifhat and Bonk are no exceptions. They rely on virality and trends, and once these are exhausted there isn’t much left that can sustain their multi-billion market caps. DeFi casino Rollblock, on the other hand, has a real-world utility with a generous revenue-share system and investors have started noticing.
Dogwifhat has seen a 16% correction in the past 24 hours and a 31% decline in the last week. The current picture is not rosy for memecoins, and Dogwifhat has been caught in the landslide.
Currently, Dogwifhat is priced at $1.94, and by the looks of it, it’s headed towards the $1.52 support where it bottomed in early July. If this level is breached, a worst-case scenario will ensue for Dogwifhat as many holders will likely capitulate to cut their losses. Analysts expect Dogwifhat to experience a rebound at some point once the market stabilizes, but for now, caution is advised as many Dogwifhat investors avoid further allocations.
Bonk, another dog coin, is also crashing. Ethereum native Bonk is facing significant turbulence as several important levels have been breached. Bonk has dropped by 12% in the past 24 hours and it could go down much further according to analysts.
Bonk has experienced a mind-bending rally since late 2023, with a 19900% price increase, completely disregarding the downtrend that caught the crypto market back in April.
Right now, Bonk sells for $0.000023 down 50% from its all-time high, and it’s spiraling towards the previous bottom of $0.000019.
Crypto casino Rollblock addresses the lack of transparency, trust, and security in the casino market with the help of blockchain technology. All transactions on its casino are recorded on an immutable ledger, removing the possibility of manipulating bets once placed. This seamlessly merges centralized and decentralized gambling offering users the ultimate casino experience
The platform is already generating revenue, with 7000+ active users. It offers over 150 unique AI-powered games, and its no-KYC policy is a welcome surprise for players who prefer to keep their anonymity.
Rollblock offers some of the highest APYs on the market. To achieve this, it leverages its revenue-share mechanism, powered by the casino’s native token RBLK. The casino will invest up to 30% of the weekly revenue to buy back RBLK tokens. 50% of this amount will be distributed to holders as staking rewards. The remaining half will be burned, reducing the total supply of tokens, which will drive up the price of RBLK in the future.
The RBLK presale recently crossed the $1.7 million mark and is currently wrapping up stage 4. Early investors are already enjoying 75% gains as RBLK reached a $0.0175 price point. Experts believe Rollblock could soar by over 800% by the end of the final stage and has all the features necessary to pull a 100x multiplier in 2025!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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