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Meme Coin Hype Fades: Real-World Utility and Revenue Sharing with Rollblock Beating Dogecoin and Shiba Inu

24 July 2024
in SHIBA
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Meme Coin Hype Fades: Real-World Utility and Revenue Sharing with Rollblock Beating Dogecoin and Shiba Inu
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The initial frenzy surrounding meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) is starting to disappear. Experts believe investors in Q3 have already started to shift their focus to real-world utility-based tokens like Rollblock (RBLK).

Currently, in stage 4 of its presale, Rollblock (RBLK) appears set to give investors a 100x return in 2024. Here’s why.

Dogecoin (DOGE) Rises by 10% in 7 Days

Despite not being utility-based, Dogecoin (DOGE) has seen a dramatic 144.19% volume increase recently, accompanied by a 10.58% weekly price increase. With the daily MACD crossing the baseline from below, Dogecoin displays sustained bullish momentum.

Dogecoin data from Coinalyze also shows a significant 13.80% increase in daily open interest, indicating rising importance in trading Dogecoin’s perpetual contracts. Experts believe this Dogecoin data aligns with a bounce at the major $0.10375 resistance level. If this trend continues, Dogecoin could reach the $0.14908 resistance level before a potential retrace.

Shiba Inu (SHIB) Faces Resistance at Key Diagonal Level

Shiba Inu (SHIB) has experienced price stagnation over the last 24 hours. Shiba Inu traded negatively with a 1.58% daily price decrease. However, Shiba Inu’s 24-hour volume is high at approximately $452 million, a 52.34% increase.

Shiba Inu consistently faced rejection at a significant diagonal daily resistance the last 2 days. The data suggests that investor engagement and buying pressure have been high, but there is equal Shiba Inu selling pressure. If this continues, Shiba Inu could turn bearish and retrace toward the $0.00001442 support level.

Rollblock’s (Rlbk) Sees $1.3 Million Raised With Revenue Sharing Model

Rollblock (RBLK), unlike meme coins, offers a utility-based play-to-earn token that enhances the gaming experience while rewarding users. It’s set to disrupt the $450 billion-a-year gambling industry by fusing blockchain technology with gambling, warranting every bet and transaction is permanent and unchangeable.

Having already raised over $1 million, Rollblock’s (RBLK) potential is evident through its licensed, live, and revenue-generating casino. It features over 150 games from 10 different online gaming providers, including popular games like slot machines, poker, blackjack, and roulette.

Rollblock is also expanding its ecosystem with sports betting, allowing users to bet on major events like Golf, Soccer, NFL, NBA, Boxing, Tennis, and Formula 1. This addition is expected to further increase the utility of the $RBLK token.

The token features an instant buyback and burn mechanism, coupled with a revenue-sharing model. Token holders receive a share in up to 30% of the casino’s revenue as millions of $RBLK tokens are bought back from the open market weekly. Half of these tokens are permanently burned, and the other half are available for high APY staking.

Investors can currently buy $RBLK at a super cheap presale price of $0.017, as analysts predict $RBLK could 100x in 2024, reaching prices in the dollars.

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

Website:https://Rollblockpresale.io/

 Socials: https://linktr.ee/Rollblockcasino

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Credit: Source link

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