Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104%
Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
  • Market Cap: 46.39B 1.4104%
  • Volume (24h): 4.16B 0%
  • Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
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.

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