Memecoins took the most hit during the downturn in the broader crypto market earlier this month, largely because of their lack of solid utility and susceptibility to high volatility. However, they’ve recently witnessed a short-term recovery where PEPE, FLOKI, and MOG surged to their highest price levels in seven days.
In other crypto market news, RBLK has been turning heads after raising over $1 million on its presale. With over 5,300 attracting thousands of investors with its crypto casino.
Let’s explore how you can also capitalize on this opportunity!
Pepe Coin Bulls Losing Reins
PEPE has staged a notable rebound from its two-month low, registering over a 50% price surge this week alone. It has now outpaced 95% of the top 100 cryptocurrencies, including Bitcoin and Ethereum, with an upside advantage of 670% over the past year.
PEPE’s recent gains are tied to a large purchase of 141 billion PEPE tokens by an undisclosed venture capitalist. However, PEPE’s bulls are slowly losing the reins as PEPE has seemingly found resistance at $0.00001294 from which it’s already declining. The trading volume of PEPE has also dropped by 22% over the past 24 hours.
Floki Surges With Speculative Trading
FLOKI surged 54% over the weekend, becoming the top market gainer on July 15. But crypto analysts have warned of a potential decline, attributing the spike to speculative trading as data from IntoTheBlock showed an 11% drop in FLOKI’s daily active addresses over the past seven days.
In the same time frame, FLOKI’s new addresses fell by 16%. When an asset’s price rises while its daily active and new addresses decline, it often means speculative trading rather than genuine demand. Notably, FLOKI’s price increase was largely driven by broader meme market activity.
Mog Coin Records All-time High
Since the start of the year, MOG has been on an uptrend, reaching a new all-time high on July 17 after surging by 65% over the past week. MOG’s gains have been tied to notable whale transactions, including a Smart Money wallet that sold all its TRUMP holdings to buy MOG and PEPE.
MOG’s market sentiment is still bullish despite a 9% price correction over the past 24 hours, and 81% of its technical indicators support this outlook. However, traders need to apply caution when making their entries as MOG is currently exhibiting an Extremely High Volatility reading of 25.24%.
Rollblock Offers Stability And Gains At Presale
Despite the notable gains PEPE, FLOKI, and MOG have recorded, they still suffer high volatility and speculative trading, given their lack of solid utility. As a result, investors are increasingly turning towards Rollblock’s ongoing presale in order to purchase RBLK tokens which possess real-world utility and offer stability.
What makes Rollblock really stand out is its innovative revenue-sharing model. Token holders get a share of the casino’s daily profits, providing a steady income stream. This boosts the token’s value and ensures dependable returns. RBLK is the play-to-earn token of Rollblock’s crypto casino which is the first-ever online casino that shares its generated revenue with players. Besides, RBLK has also surged 8% over the past 24 hours, now selling at $0.017 in its ongoing stage 4 presale. Tokens sold at $0.0158 in stage 3, rewarding early investors who got in at stage 1 with over 50% gains.
Rollblock has already registered over $1.2 million in funding at its presale despite being a new crypto. This heavy injection of capital is tied to Rollblock’s commitment to providing ease of investment and democratizing access to its casino. It boasts a user-friendly interface, and requires no KYC processes while offering transparent analytics on betting history.
In summary, while the crypto market awaits the next trajectory of the meme coin sector, particularly that of PEPE, FLOKI, and MOG, smart investors are stacking up more RBLK tokens which have projections to surge by over 880% at launch!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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