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After a strong performance in May, Pepe (PEPE) is chasing a new all-time high. Bullish experts believe the meme coin could hit $20 billion in market cap during the summer, with other meme coins like Shiba Inu (SHIB) also seeing price increases. Could Rollblock outperform both projects? Although new to the market, Rollblock showcases greater utility than Pepe and Shiba Inu, and as a result, experts believe it could outperform the market’s top meme coins as we wait for DeFi Season to explode into life.
Pepe Chases New All-Time High
Pepe’s price rallied a massive 17.03% over the last 24 hours. This has triggered a rise in bullish activity and social media presence, and pseudonymous trader Scient outlined that Pepe could keep making new all-time highs if its current growth rate continues.
Currently, Pepe is trading at $0.00001101, and its daily trading volume has increased by 173.38% over the last 24 hours. Pepe is now the 8th most traded cryptocurrency in the world, overtaking top competitors like Shiba Inu.
Pepe added 530 new holders on Monday alone, taking its total count to 220,672. Furthermore, whale activity has also spiked. One crypto whale recently sold $730,000 of Pepe and purchased $842,000 of Pepe just days later.
Shiba Inu Whales Trigger Price Surge
Cryptocurrency whales have caused turbulence within the Shiba Inu ecosystem. Over the last week, several whales have made significant SHIB transactions. One standout transaction was the transfer of 45.01 billion SHIB on Robinhood, which was worth an estimated $1.13 million at the time of the transaction.
Another huge transaction was made by Symbolic Capital Partners MEV Bot, totaling 50 billion Shiba Inu tokens.
On-chain data shows that 86 whale transactions have occurred in the last 24 hours alone, totaling 1.14 trillion Shiba Inu tokens. Following this whale activity, Shiba Inu’s price has rallied by 5.81%, and Shiba Inu is now trading at $0.00002538.
Can Rollblock Build On Bullish Market Activity?
As the demand for high-potential tokens soars, experts believe Rollblock could be the market’s next big hit. This highly lucrative GambleFi protocol introduces a unique blockchain gambling platform. The platform looks to solve many limitations holding back the $450 billion gambling market.
Rollblock already runs a fully operational and licensed casino where users can enjoy over 150 game options. These games include casino favorites, and users can deposit over 20 different cryptocurrencies to play. Furthermore, Rollblock will also introduce sports betting, further enhancing the gambling experience. This will offer users the chance to bet on huge worldwide markets in Golf, Soccer, NBA, NFL, Boxing, Formula 1, and many more.
One feature that makes Rollblock a standout project is its revenue share plan. To reward RBLK token holders, Rollblock will share up to 30% of its daily revenue. To do this, Rollblock will use the share of its revenue to buy back RBLK tokens from the open market. The protocol will then burn half of the tokens and use the remaining 50% for weekly rewards. This could mean that millions of dollars of RBLK tokens will be purchased each month, offering some of the most lucrative passive income opportunities on the market. Because of this, users are jumping into Rollblock, and experts predict an 880% price increase in the presale alone for RBLK.
Burning tokens lets Rollblock improve $RBLK scarcity, driving up the price. $RBLK can currently be purchased for $0.012 during the second stage of the Rollblock presale, and experts believe that tokens could rally a massive 100x in 2024.
Rollblock: Meme Coin Returns With Altcoin Utility
Few projects in the market showcase as much potential as Rollblock. The platform completely overhauls traditional gambling options, offering a better experience, solving several real-world problems, and, alongside that, offering huge potential for gains and passive income opportunities. As a result, experts are bullish about Rollblock’s growth and have set a price target of $1.60 before the end of 2024.
Discover the exciting opportunities for the Rollblock (RBLK) Presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
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