As meme coins like Shiba Inu (SHIB) and WIF face declining prices, investors are shifting focus to DeFi tokens with tangible utility. Rollblock (RBLK), currently in its third presale stage and trading at $0.015, is drawing significant attention in the iGaming sector. Tipped to surge 100x in 2024, Rollblock offers promising returns for investors looking to maximize potential returns within their portfolio. 

Today we will discuss why Rollblock is becoming the go-to investment amid the meme coin collapse whilst continuing to attract the attention of investors across the cryptocurrency market.

Rollblock’s Rise: Attracting Investors Amid Meme Coin Decline

Rollblock (RBLK) is the world’s first iGaming backed Play-to-Earn token that seeks to close the gap between centralized and decentralized gaming. Offering users access to traditional table games, Rollblock’s transparency and trustworthiness are core values. Ensuring all transactions are secured using blockchain technology, whilst all transactions are traceable on the blockchain this makes it impossible to alter bets when placed and provides an additional layer of security. This level of transparency has seen Rollblock gain huge attention from investors across the marketplace who are looking for a safe and secure investment with huge upward potential.

Unlike other casinos Rollblock does not require users to complete a KYC when accessing their casino. To get started users simply connect their wallet or sign up with an email, these simple barriers of entry have seen a substantial increase in users which has in-turn led to an increase in investors purchasing their native $RBLK token. The native token, $RBLK, plays a significant role in the ecosystem, $RBLK serves as a reward for players’ activity whilst allowing holders to stake in the future for additional rewards. Alongside this Rollblock has implemented a revenue share feature which sees up to 30% of the weekly profit being used to; share profit amongst holders, purchase $RBLK back from the open market and burning it to further increase the $RBLK token value.

Currently in stage 3 of the presale, $RBLK is trading at just $0.015. With over 100 million tokens being sold in less than a month shows the project’s wide interest. With the price point being the lowest it will ever be, now is the best time to purchase $RBLK. As stated in the tokenomics, there is a fixed supply of 1 billion $RBLK with only 60% allocated to the presale. Due to this some analysts have projected that $RBLK could see over 800% rise in value before the end of the presale, making now the best time to buy the new upcoming altcoin.

As the native token of the platform built to accommodate the future of the online gaming and casino industry, $RBLK has been tipped to become the top DeFi token of 2024. In addition, the extensive utility, revenue share and opportunities for token holders give $RBLK greater room for growth. Analysts predict that $RBLK has all the necessary features to become a 100x token over the coming weeks, making now the best time to start to stack the Rollblock token!

Shiba Inu: Factors Contributing to Its Price Decline

Several factors have driven Shiba Inu (SHIB) prices down. SHIB and other cryptocurrencies are affected by market pessimism. Initial investors may be profit-taking, selling their holdings to safeguard their gains, causing a price drop.

Furthermore, in comparison to other cryptocurrencies that have well defined use cases, SHIB does not deliver a considerable amount of usefulness. As a result, investors are looking for projects that have more practical uses. Additionally, the initial euphoria that surrounded SHIB is beginning to wane, which is generating a natural correction as the market adapts to more realistic values and the excitement continues to dissipate.

WIF Token: Analyzing Recent Price Movements and Market Sentiment

WIF’s price has been going up and down lately. According to CoinMarketCap, the price has gone down 7.70% in the last 24 hours. This change shows that market opinion is mixed.

Even so, the fact that the person with the most WIF bought an extra 2.3 million tokens is a big change. This purchase shows that the buyer has a lot of faith in WIF’s possibilities.

The future of WIF is not clear to all analysts. Some, like Bluntz, think the market will go down, but there hasn’t been any recent news that supports positive forecasts.

Conclusion 

As meme coins like Shiba Inu (SHIB) and WIF face declines, their future price recovery remains uncertain amid shifting investor focus towards DeFi tokens like Rollblock (RBLK). Rollblock’s practical utility in iGaming, stability mechanisms, and potential for substantial growth in 2024 make it an attractive alternative. Investors are drawn to tokens offering tangible applications and economic stability, contrasting with the speculative nature of many meme coins currently experiencing market volatility.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/Socials: https://linktr.ee/rollblockcasino

The post Can Shiba Inu (SHIB) and WIF’s Price Recover Amid Meme Coin Collapse? Money Now Rotating into DeFi Tokens with Utility Like Rollblock (RBLK) appeared first on CoinChapter.