Price: $0.40229 4.4244%
Market Cap: 59.1B 1.8076%
Volume (24h): 10.92B 0.4%
Dominance: 1.8076%
Price: $0.40229 4.4244%
Market Cap: 59.1B 1.8076%
Volume (24h): 10.92B 0.4%
Dominance: 1.8076% 1.8076%
  • Price: $0.40229 4.4244%
  • Market Cap: 59.1B 1.8076%
  • Volume (24h): 10.92B 0.4%
  • Dominance: 1.8076% 1.8076%
  • Price: $0.40229 4.4244%
Home > Information news > Crypto Crash: FTM, PEPE, and LDO down 10%, Investors are hedging market volatility with this new viral altcoin

Crypto Crash: FTM, PEPE, and LDO down 10%, Investors are hedging market volatility with this new viral altcoin

Release: 2024/07/09 01:07 Reading: 664

Original author:Crypto News Land

Original source:https://coinmarketcap.com/community/articles/668c0e089776f846ea887a51

Crypto Crash: FTM, PEPE, and LDO down 10%, Investors are hedging market volatility with this new viral altcoin

Altcoins FTM, PEPE, and LDO Decline amidst Market Volatility

Top altcoins, including FTM, PEPE, and LDO, have witnessed significant declines, with a drop of at least 10% each. This downward trend is attributed to increased volatility in the crypto market, largely driven by the fluctuations in Bitcoin and Ethereum.

RollBlock: A New Contender

Amidst the market turmoil, RollBlock, a casino-backed Play-to-Earn token, has emerged as a promising alternative. Investors are leveraging Rollblock's ongoing presale, anticipating potential returns of 880% during this phase and a further 100x multiplier upon its official launch.

Unique Features of RollBlock

RollBlock's unique features differentiate it from other altcoins:

  • No KYC or identity verification required
  • Comprehensive sports betting platform
  • Revenue sharing model that allocates up to 30% of weekly revenue to token holders
  • Built-in buyback and burn mechanism

Decline of Fantom (FTM)

Despite its initial promise as a high-performance smart-contract platform, FTM has faced significant price setbacks, currently trading at 60% below its yearly highs.

PEPE's Potential for Recovery

PEPE, a deflationary meme coin, surged in popularity earlier this year but has since experienced a sharp decline. Investors remain hopeful for a resurgence in PEPE's price once the meme market rebounds.

Lido DAO (LDO) Faces Challenges

LDO, a staking solutions provider for proof-of-stake blockchains, reached its yearly highs in January but has since lost 40% of its value as market volatility intensifies.

Conclusion

FTM, PEPE, and LDO have struggled to attract investment in the face of market volatility. Alternative altcoins like RollBlock, with its innovative offerings and potential for high returns, are gaining attention as investors seek refuge from the current market turbulence.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.