SHIB Burn Rate Soars as DOGE Rallies, Igniting Bullish Market Hype—Investors Target 100x Potential Moonshot!

SPONSORED POST*

The markets are on fire. Bitcoin is hunting for yet another ATH, but it’s the meme coins Dogecoin and Shiba Inu leading the gains leaderboard. The SHIB burn rate is getting all the attention. Shiba holders are burning tokens almost as fast as they come in, with Shibburn.com reporting the SHIB burn rate is up 6,200% in the last 24 hours.  

It seems the meme coin community is trying to make Shiba Inu and Dogecoin 100x cryptos again, but don’t underestimate the growth potential of Rollblock, a GambleFi token that stands a great chance of showing the meme coins how it’s done to be the next 100x crypto. 

Rollblock (RBLK): New online casino to make it as a 100x crypto?

Rollblock is emerging as a standout candidate for the next 100x crypto. As a utility token, it offers more than just speculative potential—it’s a utility coin tied directly to the booming online gaming market. Rollblock’s innovative revenue-sharing model allows token holders to earn a steady income stream from the platform’s daily operations, making it both a growth and income-generating asset.

Unlike meme coins that rely heavily on hype, Rollblock’s foundation in real-world gaming ensures lasting value and significant upside potential. The platform’s deflationary tokenomics further enhance its appeal, creating scarcity and fostering long-term growth. With strong investor support already evident in its presale success, Rollblock is perfectly positioned to become a true 100x crypto, blending innovation with solid fundamentals for exponential returns.

Shiba Inu (SHIB): SHIB burn rate through the roof

Shiba Inu token holders are embracing the concept of deflationary tokens by burning Shiba Inu tokens almost as fast as they are generated. Token burns are used to decrease supply and thus increase the price. 

The SHIB Burn rate is up several thousand percent, with almost 300,000 tokens burned in the last 24 hours. Is this strategy working? Shiba Inu is up 50% in the last month, and 83% in the last 90 days. The SHIB burn rate could just be the kindling needed to send Shiba Inu even higher.

Dogecoin (DOGE): Big dog barks loudly

While Shiba has returned 300% in the last three months, Dogecoin brags with a figure of well above 200%, augmented by 160% in the last 30 days. Dogecoin – and other meme coins – were the big 100x crypto tokens of the past, and they still hold a lot of sentiment. And now, with Musk – Dogecoin’s most prominent cheerleader – in the white house thanks to his Bromance with President-elect Trump, the meme coins are getting a new lease on life, and Dogecoin is leading the charge.

But don’t expect Dogecoin – or any other existing meme coin – to be a 100x crypto. The market cap in Dogecoin and Shiba Inu is just too large to multiply by a hundred. 5x, yes, even 10 x. But expecting a large-cap crypto to be a 100x crypto is unrealistic.

Conclusion

While the meme coins are raking it in and the Shiba Inu price is bolstered by the sky-high SHIB burn rate, investors looking for the next 100x crypto should look at smaller and undervalued tokens, and Rollblock fits the bill perfectly. It will make a great addition to a well-balanced crypto portfolio.

Rollblock is now available at $0.036 and has a 50% special bonus offer now.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io
Socials: https://linktr.ee/rollblockcasino

 *This article was paid for. Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2024/11/25/shib-burn-rate-soars-doge-rallies-igniting-bullish-market-hype/