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Meme coins surge post-Trump win, while new contender Rollblock skyrockets over 300% in presale, drawing investor interest as a disruptive GambleFi platform in the crypto space.
Table of Contents
Rollblock rockets to new heights as presale smashes expectations
A quick look at leading meme coins
Conclusion
After Trump’s landslide win, the entire crypto market pumped, and none more so than leading meme coins DOGE and SHIB. The Dogecoin price rocketed over 100% before correcting, while Shiba Inu was up almost 50% before it corrected. What next for these two meme coin legends?
In other parts of the cryptosphere, new token Rollblock (RBLK) has caught the attention of analysts and investors as its presale smashes all expectations. Now up over 300%, the token is attracting big money. Let’s take a closer look at RBLK and see what all the excitement is about.
Rollblock rockets to new heights as presale smashes expectations
Rollblock is taking the crypto market by storm, with its presale surpassing even the most bullish predictions. Now, in stage 8, Rollblock token is up 250%, while the platform has raised well over $5.5m. This explosive growth signals strong confidence from savvy investors as this disruptive DeFi and gambling platform edges closer to launch.
Known as a GambleFi platform, Rollblock combines blockchain with a traditional online gambling platform to offer users a plethora of gaming options and a way to earn a passive income. This is through its revenue-sharing system, which rewards token holders with a portion of the casino’s profits, and all an investor has to do is hold the token.
There are staking rewards available, too. Investors can opt into this by locking up their tokens and staking them with the network. This will help with security and liquidity and stakers are handsomely rewarded with up to 30% APY.
Earning passive income has never been possible before with gambling platforms. Sure, public companies can pay a dividend, but thanks to blockchain and DeFI features, Rollblock allows its users a share of the platform’s success.
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A quick look at leading meme coins
Now, let’s take a quick look at the leading meme coins and see if they can capture the same kind of attention as the previous cycle.
Dogecoin price rockets 100% before correcting
The Dogecoin price recently rocketed 100%, driven by a mix of bullish market sentiment and of course Elon Musk’s ongoing influence within the government and his new DOGE government agency. DOGE has since corrected 20%, showing the volatile nature of even the main meme coins, but with the bull market now in full swing, we should see a reversal in the Dogecoin price.
Shiba Inu drops 20% after Trump pump
Shiba Inu is one of the biggest meme coins, and its price skyrocketed 50% following Donald Trump’s election win but corrected shortly after by 20%. While meme coins remain highly volatile, Shiba Inu’s strong community gives it strength. But, as with all other meme coins, the lack of utility could hamper Shiba Inu’s adoption.
Conclusion
Meme coins DOGE and SHIB both pumped massively on news of Trump winning and while they will continue to do well in the bull market, having such big market caps will limit their growth this term. As for Rollblock, it’s at the start of its journey, and with the success shown in the presale, it could be a fantastic opportunity for early investors to get what could be a rewarding end to 2024.
To learn more about Rollblock, visit the website and its socials.
Read more: Whales pile into Solana and Rollblock; XRP falls amid this major accumulation
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