Memecoins are notoriously volatile. They can hit insane price multipliers in a matter of months, even weeks. Once they hit a downtrend, however, they plunge harder than any other coin. One of them, Daddy, the meme coin endorsed by Andrew Tate, has made waves in the past month.
Memecoin’s performance is also largely dependent on the performance of the native token of the chain they are operating on. In this case, despite its spectacular run that started in 2023, Solana is still struggling to find its footing after the March 2024 correction.
As fun and as profitable as they can be, meme coins solely rely on hype to gain traction. Once hype dies down, it’s game over. This is why investors have been searching for solid projects to rotate their meme coin profits into. In particular, the crypto casino Rollblock has caught their attention. Here’s why.
Andrew Tate’s Daddy Loses $100 Million Market Cap Support Level
Born as a response to Iggy Azalea’s Mother token, Andrew Tate’s meme coin Daddy has gained significant traction, thanks to the influencer’s popularity and the community that surrounds his online character.
Daddy recently crossed the 50,000 holders mark, which is a promising sign for the future of the project, as it’s set to become the next big meme coin.
Andrew Tate pledged his commitment to the long term success of the project by burning 400 million Daddy coins in June, valued around $110 million. Despite the burn, Daddy still experienced a deep correction that took its price from $0.21 to $0.11. This did not scare Daddy investors, as they see Tate’s backing as a guarantee for a stellar performance in the near future.
Solana Rebounds But Not Out Of The Woods Yet
After passing $200 in March, Solana experienced major turbulence as massive sell-offs drove its price back to the $130 mark. Moreover, Solana experienced a variety of issues, from network congestion to internal disputes.
However, the project looks to be bouncing back. Solana recently partnered with Paypal, a collaboration that could have huge long-term implications for the project.
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At the time of writing, Solana has reclaimed $154 after a nearly vertical 20% drop from the same level a little more than a week ago, which saw Solana bottoming at $122.
Rollblock Setting Sights On New Heights After New Peak
Amid the altcoin sell-off that has sent investors panicking, Rollblock is breaking to new levels as the incredibly successful presale of RBLK, the casino’s native token, has been steadily gaining momentum.
Rollblock is spearheading the crypto gambling revolution, integrating blockchain technology into its framework while taking transparency and security to a whole new level. The use of blockchain technology allows Rollblock to record all transactions, ensuring that bets can’t be changed once placed.
Rollblock’s casino is fully licensed and already generating revenue with hundreds of daily users. The no KYC policy allows for users to keep their anonymity and removes the need to jump through hoops in order to play one of the 150 A.I powered games. All of which players can access by simply signing up with an email or cryptocurrency wallet.
One of the most lucrative features offered by Rollblock is its revenue share model. Rollblock will spend up to 30% of its casino revenue to buy RBLK tokens on the open market. Half of these tokens will be distributed to holders, incentivizing staking. The other half will be burned, making RBLK deflationary. This will promote an exponential, sustained increase in price that, according to analysts, could see a 100x multiplier as the bull market starts ramping up.
The RBLK presale is at its third stage and just crossed the $1 million raised mark. Tokens are currently selling out fast and early buyers have already experienced a 58% increase in value of their positions. Currently RBLK tokens are available for just $0.0158.
With new developments like sports betting on the way, experts believe that Rollblock’s returns will only skyrocket from here. By the end of the presale alone, RBLK could see a massive 800% increase, with several rallies anticipated in upcoming weeks. With the project already getting more and more attention, there’s never been a better time to buy!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Excellent crypto tips!