Shiba Inu (SHIB), Pepe (PEPE) and Rollblock (RBLK) Look Set To Dominate The Summer Bull Market
Shiba Inu and Pepe pioneered meme coin developments over the last year. Pepe experienced exponential growth, replicating the success of Dogecoin during the 2020-2021 bull market. Meanwhile, Shiba Inu scaled its ecosystem, introducing Shibarium and a dedicated Shiba Inumagazine.
Now, Rollblock is expected to grow with these meme coins during the summer bull market. Offering a new DeFi application, experts believe it could be one of the most profitable investments of 2024.
Lucie Highlights Shiba Inu’s Resiliency
In a recent post on X, Shiba Inu’s head of marketing, Lucie, highlighted Shiba Inu’s resiliency. She stated that despite bearish market trends, Shiba Inu has grown its market cap and has now become the 11th largest cryptocurrency in the world. According to Lucie, this means that Shiba Inu is on “nothing but an upward trajectory.”
In her post, Lucie also outlined that Shiba Inu is “not just a trendy meme that will be abandoned by degens at the first sight of a new trend.” This suggests that Shiba Inu investors and developers are in it for the long run.
Over the last month, Shiba Inu’s price has decreased by 19.8% due to bearish market trends. However, should Lucie’s statement prove true, Shiba Inu could see significant gains during the 2024 summer bull market.
Pepe Investors Remain Profitable Despite Market Downturn
After Bitcoin crashed to $60,000, the meme coin market faced steep declines. This market correction caused Pepe to fall by 28.85% over the last week. However, according to data from IntoTheBlock, the majority of Pepe investors remain profitable.
The data shows that around 70% of Pepe token holders are trading in profit. This is further supported by data from Santment, which suggests that investors have an average unrealized profit of 4.5%.
Given its profitability, investors continue to purchase Pepe despite its decline. At the time of writing, Pepe had a daily trading volume of $659 million, making it the 14th most traded cryptocurrency in the world.
Could Rollblock (RBLK) Offer Meme Coin Returns?
Rollblock is an exciting new utility token that aims to disrupt the online gaming market by offering a seamless platform that integrates blockchain technology with online gaming called Gamble-Fi. This technology empowers users with unique features, greater security, and the option to gamble using cryptocurrency.
In addition to integrating blockchain technology, Rollblock also offers better liquidity provision than other casino platforms, therefore making it one of the best DeFi projects on the market. Gamers do not have to worry about their winnings as the platform has enough liquidity to handle all transactions.
Rollblock has a native token called $RBLK, Analysts have tagged it as the best cryptocurrency to buy because of the benefits it offers to its holders. Firstly, Rollblock is one of the first crypto platforms that allows $RBLK token holders to receive a portion of the casino’s revenue. The purpose is to create community cohesion and have them become part owners of the Rollblockproject rather than just gamers.
In addition, Rollblock will be able to offer token holders some of the most attractive APYs on the market if they choose to stake their tokens, making it a passive income powerhouse. This makes $RBLK one of the best cryptocurrencies to buy for people looking for alternative sources of income. Rollblock’s usage is going to explode in a few weeks with these features and the price is expected to increase 1200% in the presale alone. That is why analysts believe the altcoin can power the next market rally ahead of Shib and Pepe.
How High Can Rollblock Go In 2024?
As an extremely affordable and high-potential new project, crypto experts are bullish about Rollblock’s growth. By 2025, experts believe it could become a leading DeFi gambling platform, meaning early adopters could make significant returns of 100x on their investments.
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 and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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