Currently, demand for crypto assets such as meme coins is waning as institutional money floods the industry. This is evidenced by the 40% drop in Dogecoin’s price, while Shiba Inu’s price is down 50% from its 2024 high in March. Is this the end of meme coins?
New crypto asset roll blocks are not suffering from market maturation. In fact, this utility token is very prosperous. It is required for all transactions on the platform, which is expected to be one of the most used in the cryptocurrency space, with analysts predicting it to be a 100x ROI every day. is starting to become more realistic.
As an investor, Roll Block rises by 350% as demand for utility tokens increases
As interest in utility tokens grows, Rollblock stands out for its real-world application, and perhaps even more so, its passive income potential. As the pre-sale continues to gain momentum, analysts are becoming increasingly bullish on the future prospects of the token.
RBLK’s rapid adoption was facilitated by Roleblock’s commitment to providing utility to the lucrative online gambling industry. The platform uses blockchain principles and DeFi innovations to provide both gameplay and a way for investors to earn a stable income.
Such income is earned simply by purchasing and holding tokens, and the platform issues a portion of the total income. Of course, the more you own, the more you earn. This also applies to staking, where investors can earn an incredible 30% APY.
Another key selling point of Rollblock is deflationary tokenomics. The platform will use a portion of its profits to buy back circulating tokens, with half of these tokens being burned to reduce supply and increase scarcity, which is expected to increase value.
The presale is currently in stage 7, with the RBLK price increasing by an incredible 350% to $0.035. But with the gambling industry poised for disruption and savvy passive income investors taking early positions, analysts are looking to increase the value of this utility token by 100x.
Dogecoin falls 30% from March highs
Dogecoin is down 30% from its March highs as investor sentiment turns toward crypto assets with tangible utility. Dogecoin initially gained popularity following Elon Musk’s high-profile endorsement, but the current market is demanding projects with more practical long-term potential. Is it over yet? It’s hard to imagine it’s a bull market, everything could go up, but DOGE is not a long-term strategy.
Shiba Inu price is much worse than DOGE
Shiba Inu’s price has fallen a shocking 50% from its March highs as investors have shown a preference for the utility token industry. The influx of institutional funds has increased demand for practical applications, and questions have been cast on meme coins like Shiba Inu. The price of Shiba Inu should rise in a bull market, but this is also a cryptocurrency that should not be considered a long-term HODL.
conclusion
The demand for utility could mean a slow death for meme coins. Dogecoin and Shiba Inu prices have plummeted since March, and we know this is due to increased demand for the utility tokens. This has benefited the likes of Rollblock, which has seen pre-order sales skyrocket since its release. Can you do it 100 times? Well, we’re already up 350%, but the presale is only at stage 7.
Discover exciting Rollblock (RBLK) presale opportunities now!
Website: https://presale.rollblock.io/
Social: https://linktr.ee/rollblockcasino
