Shiba Inu lost 10% in one day as the well-known memecoin experienced a rough week. Meanwhile, Rollblock and Pepe are claiming headlines with massive gains and improving the crypto and memecoin market. Investors are buzzing as these tokens defy broader market trends, driving excitement across crypto communities. Rollblock has raised over $7 million so far in presale funding. 

Shiba Inu Faces a Steep Decline as Whales Offload Trillions of Tokens

Shiba Inu dropped almost 25% in a single twenty-four hours to its lowest price since November. On-chain data from IntoTheBlock shows a trend as huge holders have shed 940.01 billion Shiba Inu tokens or $30 million in net outflows. This massive sell-off highlights waning confidence among whales.

For Shiba Inu to reach $2.70, it will need a 10.01 million percent rally like its 2021 bull run. However, the token faces an issue—it has a supply of 589 trillion Shiba Inu. Achieving such a price would push its market cap to unattainable levels.

A supply reduction is crucial for any substantial price growth, as seen in 2021 when Ethereum co-founder Vitalik Buterin burned 90% of his Shiba Inu holdings. Without similar supply-cutting mechanisms, replicating those gains remains a daunting challenge.

Pepe Surges Past UNI and SUI with Billion-Dollar Market Cap Boost

In May 2024, Pepe reached its peak price of $0.00001088, driving its market capitalization to an impressive $4.5 billion. Trading at $0.00002655, Pepe’s meteoric rise has been fueled by significant investments, including BitMEX co-founder Arthur Hayes, who purchased 24.39 billion Pepe tokens worth $252,000. Hayes’ investment followed his $1 million USDC deposit on Binance, further boosting confidence in the token.

Pepe’s momentum reflects the growing popularity of memecoins, which have gained remarkable traction in the crypto market. The recent 14% price surge came after Elon Musk’s tweet featuring Pepe as a Roman general from Gladiator, which reignited excitement among investors and strengthened the token’s bullish trend. Analysts believe Pepe could reach $1 in 2025.

Rollblock: The Rising Star of GambleFi with 310% Presale Gains

The emerging web3 platform Rollblock (RBLK) is reshaping the $450 billion online gambling industry with blockchain-backed transparency. By encrypting transactions securely on the Ethereum blockchain, Rollblock eliminates concerns about bet tampering, creating a fair and trustless ecosystem for players and investors alike.

Rollblock’s innovative GambleFi ecosystem merges decentralized finance with blockchain gaming, offering weekly casino profit distributions to token holders. With a Curacao eGaming license and immutable smart contracts, Rollblock protects players from issues plaguing other traditional casinos. Its platform boasts elite sports betting options and over 7,000 provably fair casino games, drawing tens of thousands of players and hundreds of new registrations daily.

Experts highlight Rollblock’s unique profit-sharing model as a game-changer. Its deflationary tokenomics add further appeal, with 60% of repurchased tokens burned and 40% redistributed to stakers, ensuring long-term value. This strategy has already raised over $7 million during its presale, signaling strong investor confidence.

Now in stage 9 of its presale, Rollblock tokens are priced at $0.0415. Early investors have already seen returns soar by 300% since the initial coin offering (ICO) began. With its transparent operations, innovative features, and significant growth potential, Rollblock is positioning itself as a standout opportunity for investors seeking profitable ventures in the rapidly evolving blockchain gambling sector.

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

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