Meme Season Over? Memecoins PEPE and SHIB Struggle To Catch Bid, As Rollblock Price Makes Another High
Release: 2024/07/13 13:29 Reading: 626
Memes on the Decline? PEPE and SHIB Face Struggles While Rollblock Surges
During the recent cryptocurrency bull run, meme coins soared, with Solana's meme leaders eclipsing Ethereum's in market share. However, the market correction has cooled this frenzy.
PEPE and SHIB have suffered double-digit losses over the past month. Investors are shifting towards tokens with utility, such as Rollblock ($RBLK), which has gained over 50% in its third presale stage.
PEPE Price on Weekly Support
PEPE, a top meme coin, has shown strong action but pales in comparison to its massive Q2 2023 gains. While it's holding on to weekly support, short-term projections indicate limited upside, prompting some investors to switch to Rollblock.
SHIB Struggling Under Bearish Pressure
SHIB's 2021 surge placed it among the top meme coins, but its recent price surge of 700% falls short of its previous performance. Over the past three months, SHIB has faced a bearish drawdown, with analysts predicting further declines.
Rollblock's Presale Soars
Rollblock, a GambleFi protocol, has attracted players and investors for several reasons:
- State-of-the-art casino with over 150 games
- On-chain transactions for trust and transparency
- No KYC required for onboarding
- Revenue-sharing incentives for token holders
- Passive income for token staking and liquidity provision
- Token burning for scarcity
With a current price of $0.0154 in stage 3, analysts predict an 880% presale price increase. This makes Rollblock an attractive investment opportunity in the current crypto landscape.
Discover Rollblock's Presale Today:
- Website: https://presale.rollblock.io/
- Socials: https://linktr.ee/rollblockcasino
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