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Cryptocurrency News Articles
Solana (SOL) Ecosystem Meme Coins Dogwifhat (DOG) and BONK (BONK) Nosedive, While Rollblock (RBLK) Presale Gains Traction
Dec 15, 2024 at 09:00 pm
Meme coins launched from the Solana (SOL) ecosystem have taken a steep nosedive, along with the broader market. Dogwifhat has declined 20% while BONK has
Solana (SOL) ecosystem meme coins took a steep downturn, following the broader market. Dogwifhat plunged 20% while BONK lost 15% over the last week as thousands of investors booked profits.
As experts anticipate further declines, Rollblock (RBLK) is gaining massive traction during its presale. The GambleFi protocol is currently in stage 9 of its presale, and analysts predict a potential 100x price multiplier by the time it hits major exchanges with early investors already seeing significant returns.
Solana-Based Dogwifhat Down 20%
The Solana-based Dogwifhat token is down 20% on a 7-day time horizon, currently priced at $2.94. This decline correlates to a decline in the underlying Solana blockchain, which has also taken a nosedive. A Solana ETF is also in the works, which would be a bullish indicator for Solana meme coins like Dogwifhat.
Dogwifhat recently listed on the Binance exchange which could be a positive indicator moving forward. Recently listed coins tend to experience a short-term price rise. Dogwifhat was also listed on the Coinbase exchange in early December.
However, Dogwifhat remains maxed out in terms of potential upside. It presently trades at 40% below its ATH of $4.85.
BONK (BONK) Token Retraces 15%
BONK has performed a little worse than Dogwifhat, which has a similar trading pattern. The 15% price decline represents a heavy loss for token holders in the past week. On a daily basis, BONK is down 4% after a massive 100% rally in early December.
It is still being determined how far the pullback will reach. However, other altcoins aside from Dogwifhat and BONK have observed losses above 30% in just 24 hours. Nevertheless, with BONK in the midst of a 1 trillion $BONK token burn many analysts believe the meme coin will rebound.
Rollblock Presale Offers Steady ROI
Rollblock is a newly launched GambleFi protocol that aims to disrupt a $450 billion industry and provide easy user access. The current online gambling system offers little rewards for users, complicated signup processes, high fees, and centralized account ownership.
Through Rollblock, investors and players immediately benefit. Rollblock is fully licensed to operate and its code has been audited by a reputable third party. All traditional casino games can be accessed through Rollblock, with far fewer barriers to entry.
In addition to over 7,000 casino games, the new protocol offers many incentives for players. One incentive that’s caught investor attention is Rollblock’s revenue share model. Each week Rollblock uses up to 30% of its revenue to buy RBLK from the open market. 60% of these tokens are burned and the remaining 40% are used for high APY staking rewards.
The current coin price is $0.0415 in stage 9 and will rise to $0.047 in stage 10, a guaranteed increase for investors. Early adopters have already seen significant returns on their investments and with sports betting being recently added, these returns are only going up from here!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer:info@kdj.com
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- Solana-Based Meme Coins DOGWH and BONK See Double-Digit Declines as RBL Presale Gains Traction
- Dec 16, 2024 at 12:25 am
- Meme coins launched from the Solana (SOL) ecosystem have taken a steep nosedive, along with the broader market. Dogwifhat has declined 20% while BONK has declined 15% over the last week as thousands of investors took profits.