Memecoins such as Bonk and Shiba Inu have faced massive selling this summer. With more declines over the last month, experts are asking if the sector could recover with upcoming catalysts. Meanwhile, the Rollblock ($RBLK) casino presale has over 15,000 investors sign up to allocate, and experts predict incredible 200x moves this cycle!
Bonk is up 2.6% today to hit a price of $0.000016, marketing a drop of 3% in the last week. Despite this fall, Bonk investors on Coinmarketcap are still 83% bullish on the prospects for this memecoin, which indicates that much positive sentiment remains amongst holders.
Hopes are high that the upcoming Solana Breakpoint developer conference will give a boost to the entire ecosystem including Bonk, and speculation is rife that the latest Saga phone will benefit Bonk holders with a possible airdrop. This will give Bonk a much-needed pump in the weeks to come.
Shiba Inu recently failed to crack the 50-day simple moving average at $0.000013 where it is currently facing strong resistance. The Shiba Inu burn rate rocketed by 3348% in 24 hours recently, as according to Shibburn, 7,843,196 Shiba Inu tokens have now sent to burner addresses.
This is bullish for Shiba Inu as it shows that the coin is dedicated to reducing the circulating supply, which in the long term will reduce selling pressure and cause Shiba Inu’s price to pump. Shiba Inu could now begin to rally after months of consolidation, although newer coins will outperform with greater potential for growth.
Rollblock ($RBLK) represents a game-changing opportunity for crypto investors to make an early allocation to one of the most hotly anticipated launches of 2024. The Rollblock crypto casino is on a mission to restore trust and transparency to the heart of online gaming. It achieves this and more through the ingenious use of blockchain technology, as all bets and transactions are anonymously secured on the Ethereum chain.
The age-old problem of having to trust the casino is now consigned to the history books, as Rollblock allows players to see behind the curtain and verify their own transactions. All accounts are fully anonymous as no KYC data is required on creating an account.
The inevitable jackpot winnings will be paid using the native token RBLK, which has a hard cap of a billion coins and deflationary supply-side tokenomics that will bring selling pressure down over time. A remarkable revenue share scheme will buy up potentially millions of tokens each and every week using a portion of casino profits, burning half while using the remaining tokens for rewards.
These factors combine to make Rollblock one of the most compelling value propositions in crypto. Analysts are united in predicting unbelievable 100x games for this casino startup, and investors should hurry, as the stage 6 coins are now over 65% sold out!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
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