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This week, a variety of meme coins and established altcoins have faltered despite recent growth, while other new projects like Rollblock continue to gain momentum and attract investors. Two particular cryptocurrencies that have hit a slight setback are BOOK OF MEME and Chainlink. Both BOOK OF MEME and Chainlink have faced corrections after significant price increases, while Rollblock hit a new all-time high during the same timeframe. Here’s why Rollblock is expected to overshadow BOOK OF MEME and Chainlink in August.
BOOK OF MEME is a meme coin released in March 2024. During its initial phase, BOOK OF MEME held steady value but started to generate more interest from investors over the last month. Over the last few weeks, BOOK OF MEME rocketed by up to 18% in value, but that appears to have been its peak as it has since dropped by 7% and has settled at $0.01041.
While BOOK OF MEME is more of a novelty, Chainlink has real use as a developer hub and for the creation of Web3 technology. This has led to the Chainlink token having a high trading volume and great potential for investors. Despite this, Chainlink has seen a steady downward spiral in the last month. Chainlink initially rallied as high as $14.95 but sits around the $13 mark currently, with no signs of a reversal.
Rollblock proves that with the right idea and a token that has real utility to a wider audience, the sky is the limit. This is seen by the presale figures, where its utility token, RBLK, has seen a 75% increase, with crypto analysts projecting up to an 800% gain.
Rollblock is an online casino backed by blockchain technology. The casino is fully licensed by Curacao eGaming and offers hundreds of fun games like blackjack, roulette, and slots. Customers can buy and use the $RBLK token on the Rollblock platform to play games and don’t need to pass KYC checks to sign up.
RBLK tokens will also be used for staking and the platform's revenue share model. To implement this model, Rollblock will use up to 30% of its weekly revenue to buy RBLK from the open market. Half of these tokens will be burned to create scarcity. The remaining half will be used for high APY rewards, allowing investors to build a passive income stream without ever placing a bet.
The presale is currently in stage 4 and has raised over $1.7 million. RBLK tokens are selling for just $0.0175 and are expected to rally a massive 800% during the presale alone. Post listing on major exchanges, experts believe these returns could increase an additional 100x.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
