The trend of celebrity meme coins has returned in 2024. This trend was popular during the 2021 bull market, when celebrities created meme coins and NFT collections. Unfortunately, very few of these collections were profitable, and many were rug pulls. While celebrity meme coins can be profitable, investors are better off buying utility tokens like Rollblock, which is poised for returns of 720% during its presale, with further gains expected upon exchange listings.
Vitalik Buterin Criticizes Celebrity Meme Coins
On May 29, Australian rapper and model Iggy Azalea announced her new cryptocurrency, Mother Iggy. Since its release, Mother Iggy has rallied over 350%. However, Mother Iggy has faced criticism from Vitalik Buterin, the co-founder of Ethereum.
On June 5, Buterin mentioned Mother Iggy in an X post. He stated that he’s dissatisfied with the bull cycle’s celebrity experimentation. In his post, Buterin stated:
“Financialization as a means toward an end, I can respect if the end is worthy (healthcare, open source software, art, etc). Financialization as the final product, however, I do not support.”
This criticism has not affected MOTHER Iggy Azalea though. After increasing by 423.98% over the last week, Mother Iggy is up by another 80% over the last 24 hours. This suggests that many investors are noticing the celebrities’ efforts but investors should proceed with caution after such large gains have already been made by many. Plus celebrity coins don’t tend to have the best history in the space.
As a result, Mother Iggy could be an extremely risky investment, and therefore, investors should approach with caution and do their research before buying Mother Iggy tokens.
Rollblock: Disrupting Gambling With Blockchain Technology
Rollblock is a pioneer in the gambling market. It’s one of the first projects to apply blockchain technology to the gambling market while also offering a lucrative revenue share model. This lets investors play games while profiting from the platform they use.
Rollblock’s platform showcases over 150 different games. It’s fully licensed and already live, meaning investors can jump right into the action with games like blackjack, poker, and roulette. Furthermore, Rollblock will add sports betting to its platform soon, letting users place crypto bets on sports such as MMA, boxing, the NFL, soccer, and more. This could be huge with the upcoming European Football Championship and Olympics.
Rollblock’s revenue share model has become a big hit among crypto analysts. The model will allocate up to 30% of the platform’s weekly revenue for rewards. The revenue will be used to buy back tokens from the open market, adding huge weekly buying pressure to the token. Half of the purchased tokens will be burned reducing the overall total and circulating supply, while the remaining half will be allocated to staking rewards. With weekly payouts, this will likely offer investors some of the best APYs throughout the whole crypto market.
Rollblock (RBLK) has already increased in price by 40% during its presale. RBLK is currently selling for $0.014 during stage 3 of the Rollblock presale, though experts believe this is just the start of the altcoins growth. By the end of its presale, experts predict that Rollblock will increase by 720%, followed by an additional rally once its presale is over.
Can Rollblock Outperform Meme Coins?
Despite not being a meme coin, Rollblock has the potential to offer meme coin returns. Given its potential, experts predict that Rollblock could see a 100x rally this year. As a result, early investors could earn meme coin profits while holding a token with greater stability and utility. The presale is selling fast with many crypto whales already participating. This price will be increasing again soon into Stage 4.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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The post Iggy Azalea’s Meme Coin MOTHER Hits $150M, Up 400x Since Launch: Analysts Tipping Rollblock As Next Altcoin To Moon appeared first on CaptainAltcoin.