Investors had given up on meme coins when a new bull run exploded in 2024 with tokens such as Dogwifhat (WIF) and Popcat (POPCAT). However, experts are warning that this brief return for meme coins is already over. Experts suggest turning to GambleFi instead, with the top altcoin, Rollblock, aiming for 100x gains in 2024.
Dogwifhat and Popcat Led the Solana Meme Coin Frenzy of 2024
Dogwifhat and Popcat were part of the Solana blockchain meme coin explosion at the very end of 2023. Expanded functionality led to many new meme coins being minted on the Solana blockchain.
In just a few months, meme coins like Dogwifhat and Popcat dominated the market, with Dogwifhat hitting several new highs while other meme coins crashed.
The Dogwifhat price rally topped off with a 2,700% increase from its ICO price in only four months. However, the Dogwifhat price has since fallen from its peak of $4.7 to its current $1.6.
The Popcat price rally took longer to start and peaked last month with a 400% return. The Popcat price also quickly dropped from its peak of almost $1 to the current $0.54.
Experts are saying that these price drops represent the end of the rallies for the Solana meme coin bull market of 2024. Tokens like Dogwifhat and Popcat may see a few small bounces going forward, but the big meme coin rally of 2024 could be over.
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Rollblock Crowned King of Explosive GambleFi Sector
Experts are suggesting that investors move on from meme coins and turn to GambleFi as the source of the next round of big returns. Rollblock is currently the top altcoin in the GambleFi space, and it is the token that most experts are watching in Q3.
Experts are impressed by Rollblock’s next-generation crypto casino. Rollblock has an updated UX design and more than 150 of the best games in the industry, which leaves traditional online casinos looking old and boring. These games are supported by DeFi technology, which removes the need for KYC checks while ensuring that bets are immutable.
Rollblock has also brought the excitement and sense of community of crypto to the online casino model. Rollblock has a huge social media presence and holds regular events and giveaways. This approach to player engagement makes Rollblock feel like a real, live casino, and the player response has been enthusiastic.
Rollblock’s most popular feature is its innovative tokenomics. Rollblock buys its own token back from the market with up to 30% of the casino’s weekly revenue. Half of these tokens are burned to limit the supply. The other half is used as a reward for staking RBLK, which has some of the best APY rates in the industry.
Rollblock recently increased its stage 5 price to $0.0205. Experts predict that this price will grow 100x or more by the end of 2024 as Rollblock rapidly takes market share in the $450 billion global gambling industry.
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