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Cryptocurrency News Articles

Pepe Rally Stalls as Investors Transition to Utility Tokens

Nov 16, 2024 at 01:00 am

Meme coins like Pepe (PEPE) and Neiro Ethereum (NEIRO) enjoyed a blistering rally. However, experts are warning that investors are likely to take

Pepe Rally Stalls as Investors Transition to Utility Tokens

Meme coins like Pepe (PEPE) and Neiro Ethereum (NEIRO) enjoyed a blistering rally this week, but experts are warning that investors are likely to take profits from these meme coins and pivot to the more reliable growth of utility tokens.

Pepe price today is surging with 60% gains for the day. This is inline to Pepe’s blistering 105% rally so far this week.

The meme coin rally for Pepe is not slowing down although investors pivot to the more reliable growth of utility tokens. Investors remember that the Pepe price gave back more than 50% of its 2024 peak in the previous bull cycle. Now investors are preparing to get out at the top of Pepe’s rally instead of waiting for the slow decline.

Fresh Token Neiro Ethereum Leads Investors Away From Meme Coins

Investors are dumping Neiro Ethereum, even with a 5% increase so far for the day. Neiro Ethereum was up almost 30% this week before today’s drop almost halved these gains.

Being a new meme coin is why Neiro Ethereum is leading the drop for the sector. New meme coins like Neiro Ethereum suffer the most volatility and are the first to drop when the sector’s rallies stall. However, the Neiro Ethereum price is still up 500% for the year, making it a good time to sell for early investors.

Rollblock’s Utility Draws Investors From Dwindling Meme Coin Mania

While the meme coin mania of Pepe and Neiro Ethereum can vanish in an instant, the utility of Rollblock (RBLK) offers a steady and reliable growth that will last far longer.

Rollblock is bringing rapid change to the $525 billion global gambling industry and receiving massive growth estimates in return.

Rollblock has already transformed online gambling with its successful platform of more than 7,000 provably fair casino games. Players can log in from anywhere in the world without all of the hassle, fees and red tape that plagued the industry before Rollblock’s blockchain revolution.

However, it is Rollblock’s game-changing tokenomics that is truly transforming the face of online gambling. Rollblock’s tokenomics operates an aggressive buyback program funded by up to 30% of the casino’s own weekly revenue.

This program operates weekly burn events with 60% of these tokens to enforce a deflationary regime for RBLK’s market price. This combination of demand side and supply side pressure means a steady upward trajectory for RBLK’s market price.

The other 40% of the tokens are used to generate an income stream for holders through a staking rewards program with market-leading APY rates.

Rollblock’s utility for the enormous gambling industry is driving projections of over 100x growth for when its crypto presale ends at the beginning of 2025.

Rollblock’s stage eight tokens can now be purchased for only $0.035, with a 50% bonus token event active for another eight days.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino

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