Investors looking for explosive growth are migrating out of meme coins in favor of top altcoins in the rapidly expanding GambleFi sector. One ERC20 token in particular, Rollblock (RBLK), is expected to drive a large increase in activity in that ecosystem as it grows at least 100x by 2025. This migration has many investors wondering what the future holds for meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).
Dogecoin Offers Limited Upside and Downside
Dogecoin’s position as the king of meme coins helps it to preserve value, but it also limits any potential upside.
While many newer tokens saw 10x or higher growth in the 2024 meme coin rally, Dogecoin’s price barely grew 3x at its highest point. However, the Dogecoin price has only given back 50% of these 2024 highs, while some smaller meme coins have lost 80% of their value or more.
Analysts expect Dogecoin’s performance to be similar going forward. Dogecoin will grow at a small yet more stable rate compared to new meme coins.
Downside Risk on Shiba Inu Remains Elevated
Shiba Inu is in a similar position as an older token that has already faded three big rallies.
The Shiba Inu price grew a little over 3x in the 2024 meme coin rally. The Shiba Inu price then gave back almost 70% of this growth at one point, though it has rebounded somewhat in the last week.
While Shiba Inu is undoubtedly one of the best-known meme coins, it does not have the same staying power as the king. Analysts expect there to be a higher downside risk for Shiba Inu going forward, with little additional potential upside.
Rollblock’s Sports Betting to Double Traffic to ERC20 Ecosystem
Investors who are tired of the volatility of meme coins like Dogecoin and Shiba Inu are migrating to the promise of steady growth in GambleFi. The global gambling industry generates over $500 billion in revenue each year, and the top altcoins in the GambleFi sector are positioned to take a significant part of this revenue.
Rollblock’s crypto casino is considered to be years ahead of the competition. This ERC20 juggernaut is already driving huge activity to the Ethereum ecosystem, with over 20,000 players enjoying more than 7,000 different casino games.
Rollblock’s activity is about to double at least as it rolls out its highly anticipated sports betting platform next.
Rollblock is set to exceed all expectations again by offering bettors odds on practically every sporting event in the world. Rollblock has gone the extra mile to offer odds on everything from the biggest major league events in the world to small yet beloved sports like curling.
Fresh Rollblock sports bettors will of course be able to use its signature gambling token and receive all the same benefits.
Rollblock shares 30% of its daily revenue through its token by performing open market buybacks. Half of these buybacks are burned to increase the value for holders, while the rest are distributed as staking rewards to generate income.
Rollblock is currently in the seventh stage of its crypto presale at $0.03.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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The post Ethereum’s Ecosystem Set For Unprecedented Activity As iGaming Heavyweight Is Tipped To Disrupt The GambleFi Sector, What Is The Future For DOGE & SHIB? appeared first on CaptainAltcoin.
