Meme Coins Surge Post-Trump Win, While New Contender Rollblock Skyrockets Over 300% in Presale

Meme coins surge post-Trump win, while new contender Rollblock skyrockets over 300% in presale, drawing investor interest as a disruptive GambleFi platform in the crypto space.

The crypto market reacted positively to Donald Trump's landslide victory in the 2024 presidential election, with meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) experiencing significant gains.

As the dust settles on Trump's remarkable win, let's examine the impact on these two meme coin legends and uncover a new contender in the crypto space.

Trump's victory sparks a crypto market pump

Following Trump's landslide victory, the entire crypto market experienced a surge in value, with none more notably than the leading meme coins.

Dogecoin price skyrockets 100%

Dogecoin's price witnessed an impressive surge of over 100% before undergoing a correction. The meme coin's price reached as high as $0.2 before dropping back down to $0.15 following the news of Trump's win.

Shiba Inu price up almost 50%

Shiba Inu's price also experienced a significant increase of almost 50% before it corrected. The meme coin's price rose from $0.00004 to $0.00006 following Trump's victory.

New token Rollblock skyrockets over 300% in presale

While meme coins are grabbing headlines, a new token called Rollblock (RBLK) has caught the attention of analysts and investors.

In an interesting development within the crypto sphere, Rollblock is smashing all expectations in its presale. Currently, in stage 8, the Rollblock token is up by a massive 250%, while the platform has managed to raise over $5.5m.

This explosive growth signals strong confidence from savvy investors as this disruptive DeFi and gambling platform edges closer to launch.

What is Rollblock?

Rollblock is a GambleFi platform that combines blockchain with a traditional online gambling platform to offer users a wide range of gaming options and a way to earn a passive income.

Through its revenue-sharing system, token holders are rewarded with a portion of the casino's profits, simply by holding the token.

There are also staking rewards available. Investors can opt into this by locking up their tokens and staking them with the network.

This will help with security and liquidity and stakers are handsomely rewarded with up to 30% APY.

Earning passive income has never been possible before with gambling platforms. Sure, public companies can pay a dividend, but thanks to blockchain and DeFI features, Rollblock allows its users a share of the platform's success.

A quick look at leading meme coins

Dogecoin price rockets 100% before correcting

Recently, Dogecoin's price experienced a 100% increase, which was largely driven by a combination of bullish market sentiment and Elon Musk's ongoing influence within the government and his new DOGE government agency.

However, following the news of Trump's win, DOGE has undergone a 20% correction, highlighting the volatile nature of even the main meme coins.

With the bull market now in full swing, we should see a reversal in the Dogecoin price.

Shiba Inu drops 20% after Trump pump

As one of the biggest meme coins, Shiba Inu's price skyrocketed 50% following Donald Trump's election win, but it corrected shortly after by 20%.

While meme coins are known to be highly volatile, Shiba Inu's strength comes from its strong community.

But, as with all other meme coins, the lack of utility could hamper Shiba Inu's adoption.

Conclusion

Both meme coins, DOGE and SHIB, experienced a massive pump with the news of Trump winning and while they will continue to do well in the bull market, having such big market caps will limit their growth this term.

As for Rollblock, it’s at the start of its journey, and with the success shown in the presale, it could be a fantastic opportunity for early investors to get what could be a rewarding end to 2024.

To learn more about Rollblock, visit the website and its socials.