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Cryptocurrency News Articles

While the market-wide turbulence seems to be subsiding and selling pressure easing off, meme coins continue to struggle as utility-driven projects have started gaining traction.

Feb 23, 2025 at 04:05 pm

Dogecoin (DOGE) and Pepe (PEPE) have seen massive surges over the past year, but the narrative has started shifting as investors are now steering away from the purely speculative plays that meme coins are.

While the market-wide turbulence seems to be subsiding and selling pressure easing off, meme coins continue to struggle as utility-driven projects have started gaining traction.

Meme coins continue to struggle as the market-wide turbulence seems to be subsiding and selling pressure easing off.

While utility-driven projects have started gaining traction, Dogecoin (DOGE) and Pepe (PEPE) have seen massive surges over the past year, but the narrative has started shifting. Investors are now steering away from the purely speculative plays that meme coins are.

This article is sponsored. CoinDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CoinDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Rollblock (RBLK) Emerges As A Promising GambleFi Contender

As the RBLK presale reaches viral status, let’s talk about why this newcomer could be this year’s millionaire maker. A state-of-the-art GambleFi platform backed by Rollblock is already operational and generating substantial revenue.

Ethereum-based GambleFi provider Rollblock could be the game-changer that redefines the entire online gaming industry and captures a large portion of the $540 billion in annual revenue that it generates. A next-level user experience is brought into the homes and phones of its users by Rollblock, secured by the transparency and immutability of blockchain technology.

Over 50,000 players are already enjoying the massive gaming catalog which includes over 7,000 titles. Users will find all-time favorites such as blackjack and roulette, live games, and even exclusive AI-enhanced games for unparalleled immersion. Recently, Rollblock has also introduced a sports betting platform, further expanding its already vast offering.

The RBLK token powers the lucrative revenue-sharing system that will see investors earn some of the highest APY on the market. Rollblock will spend up to 30% of its weekly profits to repurchase RBLK from the open market. Of this amount, 40% goes to holders in the form of recurring staking rewards. The remaining 60% will be automatically burned, creating the perfect deflationary environment for long-term growth and stability.

Dogecoin Hints At Reversal As Whales Step In

Dogecoin whales are taking advantage of the discounted price, accumulating more than 110 million DOGE, signaling growing market confidence. Analyst Ali Martinez highlighted that these Dogecoin purchases occurred around the $0.25 mark, a key level that has proven to be a rock-solid support over the last month.

The growing speculation around a potential Dogecoin ETF approval has further fueled whale interest, with Grayscale’s 19-b filing recently acknowledged by the US SEC. If this were to happen, institutional interest in Dogecoin could explode and propel it toward the prophesied $1 milestone as the cycle progresses.

Despite a 4.8% weekly decline, buying activity is increasing, anticipating future returns. Analysts remain optimistic, with Trader Tardigrade drawing attention to a symmetrical triangle pattern, indicating consolidation before a possible Dogecoin breakout. On the other hand, it’s safe to say that at nearly $40 billion in market capitalization, Dogecoin has already passed the point of diminishing returns, and investors that want to lock in asymmetrical gains should consider looking into low-cap gems such as Rollblock.

Has Pepe Finally Bottomed Out?

Pepe (PEPE) played a protagonist role in the meme coin landscape, briefly entering the crypto top 20 and pulling incredible price multipliers. The current picture is a bit different as Pepe is one of the projects that suffered the most during the meme coin onslaught of the past month, as it saw more than 60% of its valuation evaporate.

After peaking at $0.000028, Pepe entered a descending channel, with its price reaching a local low of $0.000009.

At the time of writing, Pepe sells for $0.0000094 following a 3.9% intraday dip, although its weekly and monthly losses stand at 5% and 36%, respectively. A 56% surge in trading volume suggests growing market participation, as investors are scooping up Pepe at the current levels. Over the last 24 hours alone, more than $796 million worth of PEPE changed hands across trading platforms. Uncertainty is still prevalent, however, as analysts warn of further declines if the current support gives in.

Discover The Rollblock Presale

In the 10th stage of the RBLK presale, over $10.5 million has been raised in funds and tokens are selling for just $0.06. An 800% increase is expected by the end of the presale alone, and once RBLK hits the markets, a

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Other articles published on Feb 23, 2025