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Cryptocurrency News Articles
Meme Coin Market Supplied Huge Numbers of Holders With Life-Changing Wealth This Year
Dec 20, 2024 at 01:46 am
Analysts believe that the upstart GambleFi presale Rollblock ($RBLK) offers investors the best chance of repeating the stellar performance of Pepe, Bonk, and Dogwifhat this year, with potential phenomenal 100x returns.
The meme coin market has offered huge numbers of holders with life-changing wealth this year.
As the year draws to a close and crypto investors begin to assess the year’s standout performers, many will point to the incredible price performance of Pepe ($PEPE), Bonk ($BONK), and Dogwifhat ($WIF).
These three meme coins have captured the imagination of the masses in 2024, with each coin offering investors the chance to multiply their money by over 100x this year.
However, as 2024 draws to a close and 2025 begins, analysts believe that the best is yet to come, with the upstart GambleFi presale Rollblock ($RBLK) offering investors the best chance of repeating the stellar performance of Pepe, Bonk, and Dogwifhat this year.
Here is a quick overview of how Pepe, Bonk, and Dogwifhat performed this year before we take a deeper look at Rollblock ($RBLK).
Pepe ($PEPE) Price Analysis
Pepe has had a difficult week of trading, falling by 12% to reach $0.000023. Despite this, Pepe holders are feeling jubilant thanks to a string of recent social media posts by the world’s richest man, Elon Musk, who recently retweeted some Pepe memes on his X account.
This will likely shine the crypto spotlight onto Pepe in the coming weeks as the Musk effect takes hold. Pepe has also been recently listed on a succession of top-tier exchanges, as crypto investors now have access to Pepe on Coinbase and Binance.US.
Bonk ($BONK) Price Analysis
Bonk is one of the most popular and recognizable memes on the Solana platform but has been struggling recently to regain positive momentum following a 22% red candle this month.
Bonk is currently trading at $0.000036, as Bonk lost a further 5.6% this week. Bonk price action has been under pressure from intense selling recently and is currently trading below the 100-day SMA—a key indicator that can reveal shifts in holder sentiment.
This indicator will likely act as short-term resistance for Bonk, which will continue to struggle unless Bonk holders can be found to step in at these levels.
Dogwifhat ($WIF) Price Analysis
Dogwifhat is up 2% in the last 24 hours to reach $2.8, following a similarly disappointing month for Dogwifhat holders, which has seen them nurse losses of over 22%.
Zooming out to the six-month timeframe, however, reveals that Dogwifhat holders have made an impressive 38% in this time despite recent weakness.
Dogwifhat holders were hoping for a pump following Dogwifhat’s recent listing on Binance, although this has yet to appear. Dogwifhat could well see a retest of support around $2 before its next leg up.
Enter Rollblock ($RBLK)
While Pepe, Bonk, and Dogwifhat have offered investors phenomenal returns this year, each of these coins has already had its major price run.
For those seeking the next 100x crypto, Rollblock ($RBLK) is currently in the third and final stage of its presale, offering investors the chance to get in early on a rapidly growing and innovative GameFi project.
Investors who missed out on the huge gains offered by Pepe, Bonk, and Dogwifhat this year will be kicking themselves, and those who fail to take an interest in Rollblock ($RBLK) now may well be doing the same thing this time next year.
Rollblock ($RBLK) Impresses With Versatile Platform
Rollblock ($RBLK) continues to impress the market with its commitment to shipping dazzling updates by the bucket load.
Recently, Rollblock went live on CoinMarketCap, allowing investors real-time access to price feeds and project updates. It also shipped an incredibly popular sports betting feature that allows sporting fans to test the accuracy of their predictions and earn huge amounts of $RBLK in the process.
This is, of course, in addition to the existing Rollblock roster of over 7,000 fully immersive crypto games that are all powered by the latest AI technology to deliver a truly memorable gaming experience.
Rollblock removes any suspicions of bet tampering from its platform by backing all transactions and interactions securely using the Ethereum blockchain.
$RBLK will become a truly scarce asset going forward, thanks to the Rollblock revenue-sharing mechanism that takes a portion of the platform’s profits each week to buy back the token on exchanges.
60% of these purchases will be immediately destroyed by being sent to a burner address, bringing down the token’s overhanging supply and reducing selling pressure.
The remaining tokens find their way back to loyal community stakers who can earn a generous hassle-free yield on their
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