Solana Ecosystem Overheats As BONK and POPCAT Drop; Investors Hedge Bets With Rollblock

August 20, 2024

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The Solana ecosystem has been the talk of the crypto town for the past couple of years. Notably, in January 2023, SOL was priced at $9, until peaking last March 2024 at $210. The strength of the Solana ecosystem is attributed to its burgeoning meme coin sector. The Solana ecosystem saw tokens like BONK and POPCAT surge to all-time highs, minting a new batch of meme coin millionaires. However, in the second half of 2024, the Solana ecosystem appears to be already overheated, with both tokens already losing steam.

One of the projects investors are diversifying to is the new presale crypto casino and GambleFi protocol Rollblock, which analysts believe could turn in an easy 8x. Learn why you should get in on the early action with Rollblock.

BONK takes a nosedive in the past month

BONK is on the wrong end of a bad run after the meme coin crown jewel of the Solana ecosystem recorded 35% losses in the past 30 days. The mood surrounding BONK has turned bearish as whales exit positions over the past month.

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BONK’s sensational run was driven by the hype train surrounding meme coin speculation on the Solana ecosystem. However, the hype is drying up with BONK trading at 61% below its all-time highs as of press time despite the protocol burning almost three-fourths of its circulating supply.

POPCAT follows suit

POPCAT, the leading cat-themed meme coin on the Solana ecosystem, has also followed suit with its doggo counterparts after posting a sizable 49% loss in the past 30 days. This massive correction followed its parabolic run in July when it minted new all-time highs of $0.99 at a nearly 20,000% gain. Currently, POPCAT trades at 59% below its all-time high at $0.40. Despite its correction, its relatively low-cap status at a $400 million MC makes it a good “buy-low” candidate should the Solana ecosystem heat up once again.

Crypto casino/GambleFi protocol Rollblock tagged as best presale of the summer

The astute investors are diversifying their positions into blue-chip projects in their low-cap and presale phases. One of those is the highly-touted crypto casino and GambleFi protocol Rollblock. Currently in stage 5 of its presale launch, Rollblock is creating the pre-eminent no-KYC crypto casino with robust DeFi functionality to create an industry-leading GambleFi protocol.

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Holders will be able to use $RBLK to wager on the platform’s online casino and sports betting events, as well as stake it for passive income. Better still, holding $RBLK gives holders a revenue share in the crypto casino’s profits. Its native token, $RBLK, is currently up for grabs at an amazingly discounted price of just $0.021. Analysts believe it has nowhere to go but up.

Early investors have already doubled up on their initial investment. With programmed token price increases throughout the presale, you could still get in on the early gains even before Rollblock lists. An 8x from its current price is easy; with its low market cap and value proposition, Rollblock is a strong candidate to turn in parabolic gains for the rest of the year. Join now!

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino