While trending meme coins like PEPE and FLOKI are creating more of a stir, another new crypto asset is slowly but surely making its way up as a more solid investment. This new entrant presents a different value and that is a better bet for any kind of investor.
Read on to find out what the prospects are for FLOKI and PEPE, if they will reach their desired $5 billion market caps, and why Rollblock presale is the talk of the town.
Bearish signals loom around PEPE
PEPE, a favorite among the trending meme coins, has faced significant challenges recently. After impressing investors with an initial big run, PEPE failed to maintain its newfound momentum. Instead, it traded the whole of last month in a descending pattern. This suggests that more losses are imminent.
The coin is down 52% from its earlier price since May 2024 and with technical indicators like a low RSI and persistent negative sentiment, a drop to $0.0000059 is increasingly becoming real. Such a drop would render it impossible for PEPE to create the desired $5 billion market cap, putting investors’ confidence at an all-time low.
Resistance levels confront the strength of Floki
While PEPE grapples with bearish trends, FLOKI has shown some resilience in the rollercoaster of a market. The coin has been able to recover its monthly highest point due to things like the imminent Simon’s Cat (CAT) airdrop and a strong base of active users.
However, FLOKI is now facing significant resistance at the $0.000162 level. Overcoming this barrier is crucial for FLOKI to continue its upward trajectory and possibly achieve the $5 billion market cap that some investors are hoping for. Failure to break through could see FLOKI join other trending meme coins in a broader market correction.
New crypto Rollblock gains investor confidence
Rollblock (RBLK) has become that new crypto that is recommended to crypto investors who are looking for profits in 2024. Situated between the fast-growing gambling industry and Web3, the project brings something to the table that has not been seen before. It attracts investors who are disillusioned by the underperformance of trending meme coins FLOKI and PEPE.
The price of a single token has already appreciated by 140% since the presale commenced, with the current price standing at $0.024 during the 6th stage of the presale. On the Rollblock platform, any player can have a go at 150 different online sports betting, casino games, and play-to-earn opportunities. To top it off the platform is fully secured on the Ethereum blockchain.
Better yet, the new crypto Rollblock offers deflationary tokenomics and a profit-sharing model. Up to 30% of the platform’s weekly revenue is distributed among $RBLK holders. This makes HODLing tokens very attractive and can assure long-term value.
To conclude, the platform’s no-KYC has already attracted a large number of users, who have invested over $2.9 million. Analysts are predicting that Rollblock could see a 100x surge by the end of the year, positioning it as a new crypto to break out.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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