Rollblock’s utility-driven growth is outperforming meme-based tokens Bonk (BONK) and Dogwifhat (WIF), which have seen their prices slow down this quarter. While meme coins struggle with sustaining hype, Rollblock’s focus on real-world applications is attracting more investors. This shift reflects a growing preference for utility over speculation, marking a significant trend in the crypto market as investors look for long-term value over short-term gains.
Could Bonk (BONK) Be On The Rise Again?
Investors have been watching Bonk (BONK) closely since early September, an interest fueled by positive capital inflows. The Chaikin Money Flow (CMF) indicator reflected growing confidence, suggesting a possible price increase.
However, when Bonk neared $0.00002400, enthusiasm began to fade. The CMF indicator reversed, signaling a shift in market sentiment. As selling pressure mounted, Bonk struggled to break the key resistance level.
Broader market conditions further dampened hopes of a recovery for Bonk. With the market sentiment turning bearish, investors retreated. Bonk’s price lost steam and declined massively. Had the price broken out, Bonk could have experienced a 92% rally to an all-time high of $0.00004800, but that opportunity quickly vanished.
Dogwifhat’s (WIF) Bullish Momentum Continues
Dogwifhat has experienced a 7.08% price surge in the past 24 hours, reaching $2.35. This represents a notable rebound for Dogwifhat as its market capitalization surpassed $2 billion for the first time in seven weeks.
The current price momentum suggests that Dogwifhat’s next target could be the resistance point at $2.85. Dogwifhat has risen by 47.52% in the last 30 days, mainly due to broader market improvements following the Federal Reserve’s recent monetary policy shift. This bullish sentiment is also reflected in the Fear & Greed Index, which sits at a neutral 50, suggesting an overall positive outlook for Dogwifhat.
Additionally, Dogwifhat has had 19 positive trading days over the last month, representing 63% of the time, and is now trading near its cycle high, signaling that the coin may be approaching another resistance point. Dogwifhat also boasts strong liquidity relative to its market cap, providing a favorable environment for investors looking to enter or exit positions without causing significant price shifts.
Rollblock’s (RBLK) Online Casino Outshines Traditional Casinos
Rollblock (RBLK) entered its presale in June with a starting price of $0.001. By October, the price surged to $0.003, marking a 200% increase, surpassing competitors like Bonk and Dogwifhat. Analysts forecast even greater returns, with expectations of a 100x surge after the presale ends and Rollblock gets listed on open markets.
Rollblock’s success is tied to its innovative approach to online gambling. Unlike traditional casinos, Rollblock is the first play-to-earn, no-KYC online casino built on the Ethereum blockchain. Its platform offers enhanced security and a wide selection of games, attracting a global audience. Rollblock connects the $500 billion online gambling market to retail investors through its unique offering.
The platform has set itself apart with the RBLK token. Capped at one billion tokens, it follows a deflationary model with regular token burns. This setup increases the value of tokens over time. Additionally, investors benefit from a revenue-sharing model, receiving weekly dividends as passive income simply by holding the token.
With this compelling value proposition, Rollblock has already raised $4 million during its presale. At $0.003 per token, it presents a prime opportunity for both short-term gains and long-term income for early investors.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Source: https://blockchainreporter.net/rollblocks-utility-based-gains-outshine-memecoins-as-bonk-and-wif-price-slowed-this-quarter/