Utility Tokens on the Rise: Why Investors Are Leaving Doge, Shib, and Bonk for Rollblock!

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Memecoins are known to be the most unpredictable yet potentially profitable assets. Early investors of Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK) were able to enjoy huge net returns.

While some of these still have potential to rally in the next bull cycle, investors are also looking at new, shinier gems. One utility token that has successfully caught investor attention is Rollblock (RLBK). It has innovative technology, a unique play-to-earn platform, and the potential to earn massive gains by the end of 2024.

The Future Looks Uncertain for Dogecoin (DOGE)

Dogecoin (DOGE) made an impressive comeback during the long-awaited revival of the crypto market. It recently crossed over 90 million wallet addresses, reflecting huge growth in Dogecoin’s user base. Analysts are even seeing the possibility of a super cycle for Dogecoin where it could step into the $1 to $1.50 range.

However, this prediction is very ambitious. Realistically, Dogecoin has only been in the green zone in the past 30 days. Even though the memecoin made a small dip, it seems to be through shaky waters. With an intra-day boost of over 3.7%, the future is looking very bright for Dogecoin, with some analysts predicting that Dogecoin could climb further in Q3.

Shiba Inu (SHIB) Needs Huge Bullish Momentum to Keep Up with the Market

In the last 30 days, Shiba Inu (SHIB) has seen a small decline of 0.77%. Things have been rough for Shiba Inu lately, especially after the news of hackers stealing 5.4 trillion Shiba Inu tokens. According to Coinmarketcap, Shiba Inu’s value is currently at $0.00001783, which is down 81% from it’s all-time high.

Shiba Inu can recover now if buyers resume control. Market sentiment has shifted positively, and trading volume has remained strong. If Shiba Inu manages to not fall any lower, then the local trend may remain bullish. Unfortunately, analysts suggest that this uptrend is a Short Lived occurrence.

Can Bonk (BONK) Make It to The Top Again During This Rally?

Bonk is one of the best performing meme coins ever created. Investors reaped millions of dollars in profits when Bonk’s value surged up to 7581% in one year. However, things haven’t been the same for Bonk ever since.

According to Coinmarketcap, Bonk is currently trading at $0.00003076. This value has gone up by over 31% in seven days, making investors question whether Bonk is making a comeback. However, with some analysts predicting a sharp decline in the coming weeks, investors need to be careful before pouring their money into such a risky asset.

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Rollblock (RBLK) Quickly Becomes the Next Big Token

With such uncertain memecoin market conditions, investors are now shifting their focus to newer alternatives. One such token that’s getting all the hype is Rollblock (RBLK). This play-to-earn GambleFi coin offers the best of both worlds to investors – they can safely trade crypto while gambling and placing bets!

This highly lucrative project introduces a DeFi casino with over 150 game modes. By using blockchain technology the platform makes bet altering impossible, giving investors full peace of mind.

Players earn $RBLK as a reward while playing. Token holders will be granted a share in the platform’s profits, with Rollblock allocating up to 30% of its revenue to a buy back mechanism.

In only stage 4 of its presale, Rollblock has already accumulated up to $1.2 million, reflecting huge demand for the token. Compared to other tokens with uncertain growth trajectories, Rollblock is trading at a highly competitive price of $0.017. Before the presale concludes, analysts are predicting this value to surge by 800%, with a massive rally on release day!