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Cryptocurrency News Articles

Memecoin Mania: LTC Joins the Frenzy, PEPE Surges on Major Listings, and Rollblock Shines in the GameFi Industry

Nov 18, 2024 at 07:00 pm

Memecoin has sharply risen to become one of crypto's best investment options, thanks largely to the broader crypto rally and the meme mania phenomenon.

Memecoin Mania: LTC Joins the Frenzy, PEPE Surges on Major Listings, and Rollblock Shines in the GameFi Industry

Memecoin has risen sharply to become one of crypto’s best investment options, thanks largely to the broader crypto rally and the meme mania phenomenon that has flooded the market in the past few weeks.

Notably, Litecoin (LTC) has announced that its utility token will become a meme coin following the impressive performances of other meme coins like PEPE. Like PEPE’s soaring price amid Coinbase listing, Litecoin’s price has increased, suggesting widespread support.

Meanwhile, after cracking over $5 million in earnings, Rollblock continues to dazzle and attract investors with its pre-ICO presale successes and commanding presence in the $450 billion Gamble-Fi industry.

Rollblock entered the crypto space by combining decentralized finance (DeFi) with the high-stakes online gaming sector. At its core, Rollblock offers players and investors a unique experience by creating a secure, transparent, and rewarding ecosystem.

The platform’s design also offers over 7,000 AI-powered games that appeal to casual and experienced players. Unlike traditional online casinos, though, Rollblock provides absolute transparency using blockchain technology.

Similarly, the Rollblock utility token $RBLK has several built-in mechanisms to enhance long-term value. One example is Rollblock’s revenue-sharing model, structured to create diversified functionality.

Through this model, the project provides a buyback and burn system that ensures the token value increases over time. This setup helps balance sustainable supply and demand dynamics that could attract institutional investment, too.

Combining varied utility features, Rollblock looks set to dominate the GameFi industry, leading some experts to predict substantial growth potential for the token upon launch. Currently in its 8th presale stage, the token trades at a modest price of $0.035.

Fascinating narratives continue to rock markets, with asset prices increasing in a new wave of meme mania. Notably, established coins like Litecoin (LTC) have announced their decision to become a memecoin given the extremely positive sentiment.

The broader meme frenzy drives LTC’s decision amid the listing of other tokens like WIF and PEPE on popular centralized exchanges like Coinbase. Initially conceived as a BTC analog, LTC decided to take a new path and declare itself a meme coin. LTC has a capitalization of $6.16 billion, which has grown by 13% upon the humorous announcement.

Litecoin’s (LTC) market cap was $25.609B at its highest. Over the past seven days, the price of LTC has seen a rise in value, as it gained 5.3% while averaging $950.294M in trading volume, representing 0.31% of the total volume of all traded cryptocurrencies.

PEPE, the meme-inspired cryptocurrency, hits a remarkable milestone again, reaching a $10.2 billion market capitalization before settling around $9.5 billion. This represents a dramatic surge from its previous $5.7 billion valuation, with PEPE’s price soaring 77% to $0.000024 over a week.

This notable growth comes against the backdrop of major exchange listings, especially Robinhood Crypto’s decision to offer PEPE alongside Solana, Cardano, and XRP to American customers.

Coinbase has also joined the fray by launching PEPE trading, while South Korea’s leading exchange, Upbit, also introduced a PEPE trading pair.

While these institutional endorsements significantly shift the landscape for PEPE and Litecoin’s price, Rollblock’s robust features and presale wins make it the best investment for high ROI-seeking investors. For a limited time RollBlock Tokens are available with a 50% Bonus, providing the perfect opportunity to acquire $RLBK!

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