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Cryptocurrency News Articles
Solana-Based Meme Coins DOGWH and BONK See Double-Digit Declines as RBL 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 declined 15% over the last week as thousands of investors took profits.
Solana (SOL) ecosystem meme coins have taken a steep nosedive, following the broader market trend.
Over the last week, Dogwifhat has declined by 20%, while BONK has decreased by 15%, as thousands of investors took profits. While experts anticipate further declines, Rollblock (RBLK) is gaining massive traction during its presale.
Solana-Based Dogwifhat Down 20%
The Solana-based Dogwifhat token is down by 20% on a 7-day time horizon, currently priced at $2.94. This decline is correlated to a decrease in the underlying Solana blockchain, which has also taken a nosedive.
However, an 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. Usually, when a new coin is listed on Binance, there is a short-term price rise. Dogwifhat was also listed on the Coinbase exchange in early December.
However, Dogwifhat is now maxed out in potential upside. It currently trades at 40% below its ATH of $4.85.
BONK (BONK) Token Retraces 15%
BONK has fared 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 up for grabs how far the pullback will reach, however, other altcoins besides Dogwifhat and BONK have observed losses above 30% in just 24 hours.
But, with BONK fresh off a 1 trillion $BONK token burn, many analysts believe the meme coin will bounce back.
Rollblock Presale Offers Steady ROI
Rollblock is a new GambleFi protocol that is aiming to capture a slice of the $450 billion online gambling market and provide easy user access.
The current online gambling system offers poor rewards for users, a complicated signup process, high fees, and centralized account ownership.
Investors and players are immediately rewarded by using Rollblock. 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 has 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 $0.047 in stage 10, a guaranteed increase for investors. Early adopters have already seen significant returns on their investments and with sports betting being recently added these returns are only going up from here!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
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- Peanut the Squirrel ($PNUT) Joins Coinbase Alongside Meme Heavyweights
- Dec 16, 2024 at 02:35 am
- Peanut the Squirrel is up 3% today to reach $1.22. Although Peanut the Squirrel has faced a challenging month with a 39% loss, this popular meme on Solana has gained an astonishing 174% last month as it had attained a market cap of $1.28 billion.